# Uniswap V4 Tradeable assets Methodology

## 1. Overview

Tradeable assets is defined as the cumulative number of unique assets available for trading on Uniswap V4. The breadth of the decentralized exchange's asset coverage and ecosystem diversity is reflected by this metric. Growth and expansion of Uniswap V4 are quantified by tracking the first appearance of unique assets across initialized pools.

## 2. Data sources

- **Blockchain events**: `Initialize` events from `PoolManager` contracts, covering Arbitrum, Avalanche, Base, Ethereum, Unichain, and 6 other chains
- **External data**: Asset metadata for symbol and decimal identification

## 3. Step-by-step calculation

### Component A: Pool initialization and asset extraction

- **Purpose**: Unique assets are extracted from newly initialized Uniswap V4 pools.
- **Logic**: `Initialize` events from `PoolManager` contracts are parsed to identify the two assets (`currency0` and `currency1`) associated with each pool. If either asset address matches a null address, it is replaced with the corresponding wrapped native asset address for that chain. Asset metadata is joined to retrieve decimals and symbols.
- **Key fields**: `currency0`, `currency1`, `id` (pool ID), `hooks` (hooks address), `block_timestamp`

### Component B: First appearance tracking

- **Purpose**: The date when each unique asset was first introduced to Uniswap V4 is identified.
- **Logic**: The extracted asset addresses from both asset positions are combined. For each unique asset on each chain, the minimum block timestamp is calculated to determine its first appearance.
- **Key fields**: `token_address`, `block_timestamp`

### Component C: Daily aggregation and cumulative summation

- **Purpose**: The cumulative count of tradeable assets over time is calculated.
- **Logic**: The number of new unique assets is aggregated on a daily level. Days with no new assets are filled with zero values. A running cumulative sum of these daily counts is calculated chronologically per chain to determine the total number of tradeable assets available on any given day.
- **Key fields**: `timestamp`, `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 V4

Tradeable assets

Tradeable assets

Chain breakdown