messari
Uniswap V3 QA (Polygon) Schema Version 1.3.0 Subgraph Version 1.1.0 Methodology Version 1.0.0
| Description | Value |
|---|---|
| Subgraph Reviewed | https://subgraphs.messari.io/subgraph?endpoint=https://api.thegraph.com/subgraphs/name/messari/uniswap-v3-polygon&tab=protocol |
| Date Reviewed | 8/8/2022 |
| Schema Version | 1.3.0 |
| Subgraph Version | 1.1.0 |
| Methodology Version | 1.0.0 |
| Evidence Spreadsheet | https://docs.google.com/spreadsheets/d/1ZsDkbB196IBZKgQBHIIZ5QOXbgf-Vj0a/edit?usp=sharing&ouid=113156017090580515789&rtpof=true&sd=true |
Metrics To Review
Protocol Metrics
| Section | Metric | Issue |
|---|---|---|
| financialsDailySnapshots | totalValueLockedUSD | I think that the Uniswap UI is most likely off, but there are a couple dates that are way different. 07/26/2022 is about 1716% off and 07/01/2022 is 71% off. Uniswap UI also has a billion dollar spike in 07/26/2022, which is not reflected in the subgraph, this might be an error on Uniswap's side though. |
| usageMetricsDailySnapshots | cumulativeUniqueUsers | Usually this metric is correct, so could be a case where Dune Dashboard is wrong and subgraph is right, but the difference is pretty big and could use a double check. Dune is recording ~200k users and subgraph is reporting ~800K users. Link to Dune Query - https://dune.com/queries/431968/822918 |
Pool Overview Comments - For most of these pools, I am guessing that they are blacklisted tokens (I checked the github, but want to make sure I read the right file - https://github.com/messari/subgraphs/blob/master/subgraphs/uniswap-v3/protocols/uniswap-v3/config/networks/polygon/polygon.ts), which makes sense why the subgraph TVLs are roughly half of the Uniswap UI, but figured a double check would not hurt. The only two TVLs that would be of concern to me are WETH/UNI 0.3% and FRAX/MinMATIC 0.05% pools since they are more legitimate project tokens (note - the FRAX/MinMatic pool has no volume output though on Uniswap UI, so subgraph might actually be correct) and should not be blacklisted. Uniswap UI also only lists the top 50 pools, so there could differences in other exotic pools that I could not check.
| Pool | Subgraph TVL | Uniswap UI TVL | % Difference |
|---|---|---|---|
| FRAX/MinMATIC 0.05% | 1,640,170.76 | 2,000,000.00 | 17.99% |
| USDC/KOLO 0.3% | 139,728.83 | 487,260.00 | 71.32% |
| WETH/UNI 0.3% | 218,214.12 | 471,900.00 | 53.76% |
| RETH/WETH 1% | 41,636.73 | 285,420.00 | 85.41% |
| USDC/THX 0.3% | 152,913.71 | 272,820.00 | 43.95% |
| DOM/USDC 0.3% | 129,665.85 | 257,720.00 | 49.69% |
| NXTT/WMATIC 0.3% | 129,665.85 | 255,250.00 | 49.20% |
| MATIC/FTXXX 0.3% | 14,966.07 | 233,140.00 | 93.58% |
| WETH/NFTI 0.3% | 75,642.26 | 217,050.00 | 65.15% |
Some of the pricing issues in this issue should be addressed by PR #777. Waiting for it to finish indexing to head, and then I will re-deploy.
| Description | Value |
|---|---|
| Subgraph Reviewed | https://subgraphs.messari.io/subgraph?endpoint=https://api.thegraph.com/subgraphs/name/messari/uniswap-v3-polygon&tab=protocol |
| Date Reviewed | 8/17/2022 |
| Schema Version | 1.3.0 |
| Subgraph Version | 1.1.0 |
| Methodology Version | 1.0.0 |
| Evidence Spreadsheet | https://docs.google.com/spreadsheets/d/1DHjyypiAHzPRr8QxSVsgZX4KcRWgbdq1/edit?usp=sharing&ouid=113156017090580515789&rtpof=true&sd=true |
| Pool | Subgraph TVL | Uniswap UI TVL | % Difference | Comments |
|---|---|---|---|---|
| USDC/XMT 1% | N/A | 2,880,000.00 | #VALUE! | This pool has no volume, so prob correctly blacklisted |
| FRAX/miMATIC 0.05% | 1,650,450.40 | 2,000,000.00 | -17.48% | No volume here, so this is good |
| FREC/MATIC 0.3% | 45373.85155 | 650,430.00 | -93.02% | Low volume here too, so prob correctly blacklisted |
| USDC/CGG 1% | 240,235.34 | 492,250.00 | -51.20% | Low volume here too, so prob correctly blacklisted |
| USDC/KOLO 0.3% | 136,237.91 | 480,460.00 | -71.64% | This has decent volume in the last 7 days (~300K), so maybe needs a second look |
| MVX/USDC 1% | 211,771.53 | 428,930.00 | -50.63% | Low volume here too, so prob correctly blacklisted |
| WETH/UNI 0.3% | 153,683.37 | 383,410.00 | -59.92% | I think UNI pricing is off here, looks like 0 when I checked on the pricing oracle debugger |
| KASTA/USDC 0.3% | 147,335.87 | 341,260.00 | -56.83% | Low volume here too, so prob correctly blacklisted |
| MATIC/CRV 0.3% | 109,876.63 | 320,760.00 | -65.74% | I think CRV pricing is off here, looks like 0 when I checked on the pricing oracle debugger |
| USDC/FRAX 0.05% | 76013.52782 | 309,380.00 | -75.43% | I think FRAX pricing is off here, looks like 0 when I checked on the pricing oracle debugger |
| WRAC/EFD 0.3% | N/A | 298,240.00 | #VALUE! | This pool has no volume, so prob correctly blacklisted |
| USDC/THX 0.3% | 156,585.62 | 275,490.00 | -43.16% | Low volume here too, so prob correctly blacklisted |
| WETH/MLN 1% | 98,002.91 | 270,850.00 | -63.82% | Low volume here too, so prob correctly blacklisted |
| NXTT/MATIC 0.3% | 138,478.45 | 270,330.00 | -48.77% | This has decent volume in that last 24H (~144K), might need another look |
| DOM/USDC 0.3% | 127,265.91 | 252,870.00 | -49.67% | Low volume here too, so prob correctly blacklisted |
| MATIC/XFUN 0.3% | 56,971.57 | 246,520.00 | -76.89% | Low volume here too, so prob correctly blacklisted |
| MATIC/FTXXX 0.3% | N/A | 233,140.00 | #VALUE! | This pool has no volume, so prob correctly blacklisted |
All Uniswap V3 subgraphs have just been re-deployed according to this PR #777. This should fix any issues with pool pricing. Additionally, I added a fix for the cumulativeUniqueUsers value as well. This is also described in the above PR.
@this-username-is-taken @steegecs Closing this for Mainnet and moving the existing issues here: https://github.com/messari/subgraphs/issues/984