According to Alemmex official websites, Alemmex claimed their application function is to searches for quotes across many exchanges and combines them to give you the optimal deal. Alemmex save user’s money by distributing their swap to multiple exchanges. In this dashboard, we will go through the volume and some basic info of the users of Alemmex.

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ALEMMEX

Dex Aggregator

Volume of Alammex

The total swaps that passed through Alammex was 337 since 27 Jun 2022 (Alemmex released date) to 6 July 2022.

From the graph trend, the volume of swaps does not seems to increase on the first week of releasing date, this could be lack of marketing from the developer as less users are aware of this application.

Swap volume percentage

By comparing to the total swaps of entire Algorand network since 2022 June 27, swaps that pass through Alemmex only hold 0.162% of the entire swaps.

• 337 swaps passed through Alemmex.
• 208.135k swaps on entire Algorand network.

Note: Only date after 27 June are taking into account with Entire swaps on algorand.

Swap volume by day

Comparison of number of swap through Alemmex to Total swap on Algorand network.

There is no correlation between swap that passed through Alemmex and total swap on Algorand network.

Number Swaps that passed through Alammex by Dex

Here are the 3 DEXes used by Alammex.

• 57 swaps processed on algoFi.
• 181 swaps processed on pactFi.
• 99 swaps processed on tinyman.

Comparison of swaps with swaps through Alammex by Dex

Please note that the y-axis scale is on log axis.

• Only 57 (0.143%) of swaps through Alemmex on algoFi.
• Only 181 (0.718%) of swaps through Alemmex on packFi.
• Only 99 (0.069%) of swaps through Alemmex on tinyman.

Additional Info: User Profile of Alammex.

First, there are only 38 swappers used Alammex application.

By investigating the balance of these 38 swapper’s wallet, most of the wallets hold more than 1 Algo.

In short, all these 38 users are considered active users and non-robot users.

Additional Info: Asset that user acquired through Alemmex.

Here are the 20 Assets that user acquired through swapping with Alemmex.

• Algo is the top asset user acquired, which having 135 swaps.
• USDC is the second top asset user acquired, which having 92 swaps.

Summary

In summary, Alemmex is still at very early stage of development. Alemmex is still having

• Low Volume
• Less User
• Low swapping activity
• Lack of application development on webpage.

However, with its unique function of its application, which is searching for quotes across many exchanges and combines them to give user the optimal deal, it is believed that Alemmex can grow its user base exponentially if proper marketing strategy takes place.