Axelar Token Launch

    -- Axelar recently launched its native token, AXL, and we're celebrating with some bounties! -- For this bounty, analyze the activity within the AXL/OSMO pool (#812), as well as trading activity -- on the Osmosis DEX. Note any trends or outliers you see. -- BONUS: The best dashboards will update over time

    Conclusion

    • osmo1z6mf937x9ug4ck7lt45f2wyrt9lnway68lpta9 is the top LP with 2M AXL tokens provided as Liquidity in just 3 transactions.
    • Majority of the swapping has been to AXL, where people are swapping to AXL from other tokens.
    • However as seen the swapping from AXL has been similar, even though there are very few wallets that have swapped from AXL.

    AXL Swap Volume

    • Looking at the AXL swap volume the majority of the swap volume has been to AXL with 56K vs 40K swapped from AXL.
      • The highest was Sep 27, 2022 17:00 UTC for swapped to AXL with 165K.
      • The highest was Sep 27, 2022 17:00 UTC for swapped from AXL with 152K.
    • Majority of the swapper have been swapping to AXL, 51 vs very few only 13 have swapped from AXL.

    Top 10 LPs by AXL Liquidity Provided

    • osmo1z6mf937x9ug4ck7lt45f2wyrt9lnway68lpta9 is the top LP with 2M AXL tokens provided as Liquidity in just 3 transactions.
    • osmo1wjjg0mvsfgnskjj7qq28uaxqwq5h38q68enshj comes in second with 54K AXL tokens provided as liquidity in 17 transactions.
    • osmo1h25pc432t23htkemmpw3ucm09nepxtqhsc43dz comes in third with 35K AXL tokens provided as liquidity in 1 transaction.

    Methodology

    • For the activity of Liquidity Pool AXL/OSMO pool (#812), we find all the Liquidity Transactions that add liquidity to the pool from osmosis.core.fact_liquidity_provider_actions

        from osmosis.core.fact_liquidity_provider_actions
        where pool_id = '812'
          and action in ('pool_joined')
      
    • uosmo is the OSMO token whereas ibc/903A61A498756EA560B85A85132D3AEE21B5DEDD41213725D22ABF276EA6945E is the AXL token.

    • For the DEX swaps we look at all the swap in osmosis.core.fact_swaps where the swap is from or to AXL token.

      from_currency = 'ibc/903A61A498756EA560B85A85132D3AEE21B5DEDD41213725D22ABF276EA6945E'
        		or to_currency = 'ibc/903A61A498756EA560B85A85132D3AEE21B5DEDD41213725D22ABF276EA6945E'
      

    The dashboard is updated daily.

    Liquidity Pool AXL/OSMO pool (#812) Activity

    • It has only been 2 days since the pool launched on Sep 27, 2022.
    • Given below are the LP pool metrics like number of LP txns, LPers and amount LPed.
    • Number of LP transactions peaked on Sep 27, 2022, 20:00 UTC with 97 LP transactions, 55 osmo and 42 for axl.
    • Number of LP wallets peaked on Sep 27, 2022, 20:00 UTC with 76 LPers, 45 osmo and 31 for axl.
    • Amount of liquidity provided peaked on Sep 27, 2022 16:00 UTC with 1.73M AXL and 745K OSMO added as liquidity
    • Average Amount of liquidity provided peaked on Sep 27, 2022 16:00 UTC with 346K AXL and 106K OSMO added as liquidity
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