Humble Swap Launch
Question:
Q108. A new dex has launched on Algorand built by the reach team: humbleswap(humble.sh). Let’s look at how its launched:
-Total number of swaps by day over time -total number of wallets swapping by day -What are the most popular asset pairs to swap from and too -Top 10 assets swapping from -top 10 assets to swap to
Approach:
An arrival of new DEX on Algorand named Humble swap. The data related to this swap tool did not assign in the swap table of Algorand.
The swap behavior o Humble has been investigated in this essay by these metrics:
- Daily number of swaps
- Daily number of unique swappers
- Popular swap pairs
- Popular assets for "Swap to" and "Swap from"
The methodology of this essay contains the following assumptions:
-
Identification of Humble swap
select tx_group_id from algorand.application_call_transaction where BASE64_DECODE_BINARY(tx_message:txn:apaa[1]::String)::string = '03' and BASE64_DECODE_string(tx_message:txn:note::String) = 'Reach 0.1.10'
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swap count and number of swappers
from flipside_prod_db.algorand.transfers by selecting tx_group_id of Humble swap
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Identification of swap from and swap to
Use Asset_name of transfer table where INNER_TX='FALSE'-- stands for swap from asset Use Asset_name of transfer table where INNER_TX='TRUE'-- stands for swap too asset
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Swap pair
APP_ID,-- each pair has unique Application id count(distinct TX_GROUP_ID) as number of swaps from algorand.application_call_transaction
The daily number of swaps and unique swappers for Humble swap DEX displayed in these graphs.
- The application of Humble started from April 22th as shown in the graphs.
- In the first day, the application of Humble swap was high but decreased after first week of launch.
- The usage of Humble swap increased since June 14th.
- The highest count of swaps occurred on June 21 by 1485 swaps.
- The largest unique swappers participated on Humble swap on June 22th with 403 unique wallets.
The most popular assets for "swap from" and "swap to" on Humble swap DEX obtained and presented in the two pie graphs.
The ALGO and Tinychart assets are most used assets for swapping from on Humble
The ALGO and Vestige are the two of the most popular destinations for swaps on Humble.
The swap pairs on Humble swap DEX displays in this bar graph. According to this graph, "Tiny to Vestige" is the most popular pair on Humble with 773 swaps.