Knit Finance Testnet Analysis Report
The Knit Finance Testnet was a massive experimental success, the Knit Finance development team has successfully proven that Knit Finance’s Multichain solution is capable of handling huge volumes of swaps & performing higher swaps per seconds.
Knit Finance community and fans showed us a huge response by participating in the testnet on https://beta.knit.finance.
We reached total volume of 3245 ETH wrapped into kETH which is more than $10,000,000
Total amount of kETH token swapped to MATIC/POLYGON is close to 2556ETH
As shown in the image below, peak volume of our testnet reached around 917ETH in a single day which is massive and is close to 2,781,157 USD. This shows our platform’s capability to handle huge volumes with ease .
In the below screenshot Knit Finance did 130 ETH swap in one day with a total of 1276 transactions in total . This shows our capability of handling the load of transactions processing.
Transaction speed :-
As shown from above data images , Knit Finance testnet received 340 TPS peaks which it was able to handle properly .
Analysing the testnet performance it is clear that Knit Finance is capable of handling huge volumes of transactions & user load on its platform.
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