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Quick summary of the transaction:
This is a swap transaction (Swap) on the Uniswap V3 platform, where the sender exchanged 0.5 ETH for approximately 1,574 USDC.
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Basic details
· Hash Address (TxHash): 0xd3c68b0b795580bf5bb43e0204506b309f5714abd120c35ab71bc78b37073b66
· Status: Successful ✅
· Block: 20012811
· Execution Date and Time: 2024-06-13 00:30:23 (UTC)
· Sender (From): 0x6b75...eea9
· Recipient (To): Smart contract for Uniswap V3: Router 2 (0x68b3...4625)
· Value: 0.5 ETH ( approximately $1,745 execution time )
· Transaction Fee (Gas Fee): 0.001732 ETH (approximately $6.05)
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The detailed details of the transaction
1. Main Procedure:
· The sender has sent 0.5 ETH to the smart contract of Uniswap V3.
· In contrast, the sender received 1,574.792028 USDC in their wallet.
2. Swap operation (Swap):
· Input (: 0.5 WETH ) Wrapped ETH (. It is important to note that Uniswap automatically converts ETH to WETH to interact with its smart contracts.
· Output ): 1,574.792028 USDC.
· Actual exchange rate: 1 ETH ≈ 3,149.58 USDC.
3. Swap Route (Swap Route):
· The exchange was made directly through the WETH/USDC liquidity pool on Uniswap V3.
· The exchange was made at a fee rate of 0.05% (, which is the usual rate for major trading pairs like ETH/USDC).
4. Additional costs ( in addition to gas fees ):
· Slippage (Slippage): The difference between the expected price and the actual execution price. In this transaction, the price at which it was executed was slightly better than the price set as the minimum, meaning there was no noticeable negative "slippage".
· Protocol Fee (: Uniswap V3 may apply a protocol fee on some trading pairs, but in this transaction it does not appear that an additional fee has been deducted other than the fees included in the exchange rate.
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How to read the transaction log )Transaction Logs(
This is the section that clearly outlines what happened inside the smart contract. Here is an explanation of the key events:
· Swap event:
· Contract: Uniswap V3: USDC 3 )This is the actual liquidity pool(.
· Data )Data(:
· sender: the router )0x68b3...4625( is the one who initiated the transaction.
· recipient: the sender )0x6b75...eea9( is the one who received USDC.
· amount0: -1574792028 ) This represents the amount of USDC that has exited the pool, and the negative sign means "exited" (.
· amount1: 500000000000000000 )This represents the amount of WETH that entered the pool, which is equal to 0.5 ETH(.
· This confirms that the aggregation paid USDC to the user and received WETH from them.
· Transfer event:
· Contract: USDC: USD Coin.
· Data )Data(:
· from: Uniswap V3 Liquidity Pool.
· to: Sender )0x6b75...eea9(.
· value: 1574792028 ) which is 1,574.792028 USDC considering the number of decimal places for USDC which is 6(.
· This confirms the wallet's receipt of USDC.
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Summary in simple language
The wallet owner 0x6b75...eea9 used the Uniswap app or website to sell 0.5 ETH at a price of ~ 1,574 USDC. He agreed to the terms ) including slippage and fees (, and signed the transaction. The Ethereum network executed it, deducting 0.5 ETH from his wallet and adding 1,574.79 USDC to it, with a small gas fee of )~$6( as the cost of processing the transaction.
This explanation outlines the details of the transaction where the amounts were seized from my wallet.