About Osmosis:

Osmosis is an advanced Automated Marketer Protocol (AMM) that allows developers to build custom AMMs with robust liquidity pools. Osmosis is built using the Cosmos SDK and uses the Inter-Blockchain Communication (IBC) feature to enable cross-chain transactions. The Cosmos ecosystem follows the "Blockchain as Decentralized Program" architecture; This means that Osmosis is a blockchain connected to cosmos Hub, which is also a decentralized exchange.

Osmosis, with the help of IBC, connects to the entire ecosystem of Cosmos chains and their more than 10 billion dollars of native assets. After supporting active blockchains on the Cosmos hub, the project aims to connect to other chains such as Ethereum and Bitcoin.

Being able to change the parameters of a liquidity pool is important and useful, but this feature would be pointless without a way to coordinate a decision between depositors. The independent governance feature of Osmosis pools leads to the creation and evolution of a diverse range of liquidity pools with different risks and strategies.

About Stable coins:

Stablecoins are a type of cryptocurrency that is price stable over another asset. These assets can be Fiat currencies such as the dollar and the euro, commodities such as gold and oil, other digital currencies such as Ethereum and Bitcoin, or mathematical and supply-demand algorithms. Stable coins have been created to prevent sharp price fluctuations in the digital currency market and to create a link between centralized and decentralized finance, which now holds a large share of the cryptocurrency market.

A common misunderstanding about stable coins is that their value is fixed relative to all Fiat currencies. In fact, when we talk about "stable coin" or "stable digital currency", we should know that the concept of price stability is quite relative. For example, USD stable coins have a fixed value only against the dollar, but if the price of the dollar changes against other national currencies, the price of stable coins will change accordingly. Also, asset-backed coins (such as gold) or digital currency-paired coins (such as the WBTC) have a value equivalent to their backup units that do not necessarily have a fixed dollar value.

Methodology:

The data provided by Flipside has been used to handle this analysis.

In this analysis, the following topics have been covered:

• The used table→ osmosis.core.fact_transfers, osmosis.core.fact_swaps and osmosis.core.fact_liquidity_provider_actions

• Inflow and outflow analysis→ where transfer_type in ('IBC_TRANSFER_IN','IBC_TRANSFER_OUT')

• Identification of chains → By the use of the first words of sender and receiver address

      regexp_substr (sender,'[a-zA-Z]+|\d+') as source_chain
  

Drawing a bridge path→

       CONCAT(source_chain,' - ',Destination_chain) as transfer_path

• Token selection→

     USDC→ 'ibc/D189335C6E4A68B513C10AB227BF1C1D38C746766278BA3EEB4FB14124F1D858'
  
     USDT→ 'ibc/8242AD24008032E457D2E12D46588FD39FB54FB29680C6C7663D296B383C37C4'
  

• Trade on Osmosis→ Swap from and to stablecoins, unique traders, average trade volume per day, 7-day moving average trade volume over time.

• LP actions on Osmosis liquidity pools→ Action type, Volume of LP actions per day, cumulative analysis related to LP actions

The time frame of this investigation can be changed between (30, 60, 90, and 180 days) by logging into the Flipside crypto website. Also, the time basis of this investigation can be changed between Day, week, and month. By default, the time period is considered for the past 60 days on the daily basis.