# Uniswap V3 Tradeable assets Methodology

## 1. Overview

Tradeable assets measures the number of unique assets users can trade on Uniswap V3. This metric reflects the breadth of the protocol's asset coverage and the expansion of its liquidity pool ecosystem over time. The cumulative count of unique assets is tracked historically to represent the growth of tradeable assets across all supported deployments.

## 2. Data sources

- **Blockchain events**: `PoolCreated` events from `Factory` contracts, covering Ethereum, Arbitrum, Optimism, Base, and 11 other chains
- **Reference data**: Seed data for historical pool creations on Optimism prior to the network regenesis

## 3. Step-by-step calculation

### Component A: Uniswap V3 pool creation tracking and asset extraction

- **Purpose**: Identify all trading pools created on Uniswap V3 and extract the associated assets.
- **Logic**: `PoolCreated` events are parsed from `Factory` contracts across all supported chains. For each created pool, the addresses of the two underlying assets (asset 0 and asset 1) are extracted along with the block timestamp. Historical pool creation data for Optimism prior to its network regenesis is also integrated from seed records to ensure complete historical coverage.
- **Key fields**: `block_timestamp`, `token0_address`, `token1_address`

### Component B: Uniswap V3 first appearance identification

- **Purpose**: Determine the initial date each unique asset was introduced to Uniswap V3.
- **Logic**: The extracted asset addresses from both asset fields are combined into a single unified list. The timestamp of each pool creation is truncated to daily granularity. For each unique asset on each chain, the earliest daily timestamp is identified to establish its first appearance on the platform.
- **Key fields**: `timestamp`, `token_address`

### Component C: Uniswap V3 daily aggregation and cumulative calculation

- **Purpose**: Calculate the running total of unique tradeable assets over time.
- **Logic**: The number of unique new assets is aggregated by day and chain based on their first appearance. The daily time series is completed by populating days without new assets with zero values. A cumulative sum of these daily new asset counts is calculated sequentially over time for each chain to determine the total number of tradeable assets available on any given day.
- **Key fields**: `asset_count`, `tradeable_assets`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Number of unique tokens tradeable on the exchange.

Tradeable assets

Exchanges (DEX)

Liquidity providers deposit funds into Uniswap and receive trading fees from traders (supply-side fees).

Uniswap is a non-custodial exchange protocol built on Ethereum. Uniswap was founded by Hayden Adams and launched in 2018.

UNI tokenholders own and govern the protocol. They do not currently take a cut of the total trading fees paid by traders (revenue). Uniswap's investors include Paradigm, a16z, USV, etc.

Uniswap V3

Tradeable assets

Tradeable assets

Chain breakdown