-DEX Change-

Osmosis is a DEX protocol, which means it uses smart contracts to determine the price of digital assets, to produce liquidity via a peer-to-peer (P2P) methodology, and to exact trades between users. This approach to an exchange platform is known as an AMM — a DEX protocol that prices crypto assets in liquidity pools. Contributing tokens to these pools helps foster decentralized liquidity, which is then used to facilitate trades on the exchange. Participating as a liquidity provider (LP) can earn you both trading fees and newly minted LP tokens as incentives for participation.

Two primary concepts that drive the Osmosis protocol are sovereignty and heterogeneity. To that end, Osmosis makes use of self-governing liquidity pools. These liquidity pools in Osmosis are not hard-coded, and users can use the native Osmosis token (OSMO) to vote on pool parameters and protocols and provide liquidity and stake. Essentially, it allows holders of the token to decide the make-up of specific liquidity pools and play a central role in broader Osmosis protocol governance.

On Wednesday last week, an article in CoinDesk, a crypto industry news service, started trouble. It claimed that the balance sheet of Alameda, a crypto hedge fund owned by FTX’s founder, Sam Bankman-Fried, held billions of dollars worth of FTX’s cryptocurrency, FTT, and had been using it as collateral in different loans. If this were the case, a fall in FTT’s value could damage both businesses, given their shared ownership. But FTT had no value beyond FTX’s longstanding promise to buy any tokens at $22, prompting fears that the whole institution was a castle built on sand.

from osmosis.core.dim_prices
from osmosis.core.dim_labels

case when block_timestamp::date &lt;= '2022-11-07' then 'Before FTX'
when block_timestamp::date &gt; '2022-11-07' then 'After FTX' end as day_type

where block_timestamp::date &gt;= '2022-10-17'

Stablecoins

where project_name IN ('DAI.grv', 'USDT.axl','DAI.axl','USDT.grv','USDX','USDC.grv','USDC.axl')

In and out

case when TRANSFER_TYPE = 'IBC_TRANSFER_OUT' then 'Osmosis_OUT' else 'Osmosis_IN' end as type

Swaps

:key: Key Finding :key:: The highest number of swaps was on October 28th with 24.2k. This day was before the FTX crash.

The average number of transactions before the FTX crash was more than before the crash.

The highest number of transactions after the FTX crash was on November 9th. On this day, the number of transactions was 19.6k.
The least number of transactions was on November 12th, with 8973.

:key: Key Finding :key:: The highest number of users was on October 28th with 24.2k. This day was before the FTX crash.

The average number of transactions before the FTX crash was more than before the crash.

The highest USD volume of all transactions was on October 28th. On this day, the USD volume was almost 25 million. This day was before the FTX crash.
The least USD volume was on November 12th. On this day, the USD volume was 1.25 million.

:key: Key Finding :key:: The maximum USD volume before the FTX crash was much more than after the crash.

The maximum USD volume was the most on October 28th when before the FTX crash. On this date, the average USD volume was 823k.
The maximum USD volume was the least on October 17th.On this day, the average USD volume was 135.2. This date was also before the crash.

Number of transactions

Number of users

The highest number of users after the FTX crash was on November 8th. On this day, the number of users was 5665.
The least number of transactions was on November 12th, with 4210.

USD volume

Average USD volume

:key: Key Finding :key:: The average USD volume before the FTX crash was more than after the crash.

The average USD volume was the most on October 28th when before the FTX crash. On this date, the average USD volume was 1032.
The average USD volume was the least on October 23rd.On this day, the average USD volume was 135.2. This date was also before the crash.

Maximum USD volume

Top tokens IN

:key: Key Finding :key:: The top token of the top 10 tokens which had the most USD volume is Atom. The total USD volume of this token is almost 46.3 million.

The token of the top 10 tokens that had the least USD volume is HUAHUA, with 425.8k.

:key: Key Finding :key:: The top token of the top 10 tokens which had the most number of transactions is Osmo. The total number of transactions of this token is almost 170k.

The token of the top 10 tokens that had the least USD number of transactions is HUAHUA, with 425.8k.

Top tokens Out

USD volume

Number of transactions

:key: Key Finding :key:: The top token of the top 10 tokens which had the most USD volume is Osmo. The total USD volume of this token is almost 43.3 million.

The token of the top 10 tokens that had the least USD volume is XPRT, with almost 500k.

:key: Key Finding :key:: The top token of the top 10 tokens which had the most number of transactions is Osmo. The total number of transactions of this token is almost 172k.

The token of the top 10 tokens that had the least USD number of transactions is ION, with 2987.

USD volume

Number of transactions

Swap from stablecoins

:key: Key Finding :key:: The highest USD volume of swaps was on October 28th. On this day, USDC.axl had the most volume.

The average USD volume was the most on was on October 27th. On this day, the average USD volume of USDC.axl was the most, with 1467.

In total, the USD volume of USDC.axl was the most over time.
In total, the average USD volume of USDC.axl was the most.

Number of transactions

Number of users

:key: Key Finding :key:: The highest number of swaps from stablecoins was on November 9th. On this day, the USDC.axl had the most number of transactions, with 13.7k.

The highest number of transactions of USDX was on October 16th, with 2.
The highest number of transactions of USDT.axl was on October 28th, with 32.
The highest number of transactions of DAI.grv was on November 9th, with 100.
The highest number of transactions of USDC.grv was on October 28th, with 425.
The highest number of transactions of DAI.axl was on November 9th, with 1950.
The highest number of transactions of USDT.grv was on November 10th, with 214.
The highest number of transactions of USDC.axl was on November 9th, with 13.7k.

:key: Key Finding :key:: The highest number of users who had transactions from stablecoins was on November 8th. On this day, most of the users used USDC.axl. with 2512.

Only 2 users swapped USDX. One user swapped USDX on October 21st, and another swapped on November 7th.
The highest number of users who swapped USDT.axl was on November 13th, with 7.
The highest number of users who swapped DAI.grv was on October 20th, with 4.
The highest number of users who swapped USDC.grv was on October 28th, with 44.
The highest number of users who swapped DAI.axl was on November 9th, with 157.
The highest number of users who swapped USDT.grv was on October 26th, with 30.
The highest number of users who swapped USDC.axl was on November 8th, with 2512.

USD volume

Swap to Stable coins

:key: Key Finding :key:: The highest USD volume of swaps was on October 28th. On this day, USDC.axl had the most volume with 9.3 million.

The average USD volume was the most on was on October 29th. On this day, the average USD volume of USDC.axl was the most, with almost 639.

In total, the USD volume of USDC.axl was the most over time.
In total, the average USD volume of USDC.axl was the most.

USD volume

Number of transactions

Number of users

:key: Key Finding :key:: The highest number of swaps to stablecoins was on November 9th. On this day, the USDC.axl had the most number of transactions, with almost 16k.

The highest number of swaps to USDT.axl was on October 28th, with 28.
The highest number of swaps to DAI.grv was on November 9th, with 181.
The highest number of swaps to USDX was on October 29th, with 6.
The highest number of swaps to USDT.axl was on October 28th, with 28.
The highest number of swaps to USDT.grv was on November 9th, with 215.
The highest number of swaps to USDC.grv was on October 28th, with 399.
The highest number of swaps to USDC.axl was on November 9th, with almost 16k.

:key: Key Finding :key:: The highest number of users who had transactions to stablecoins was on October 28th. On this day, most of the users used USDC.axl. with 5454.

The highest number of users who swapped to USDT.axl was on October 28th and October 31st, with 4.
The highest number of users who swapped to DAI.grv was on October 20th and 30, with 2.
The number of users who swapped to USDX was only one user which had swapped on October 18th,21,28,29, and November 2nd.
The highest number of users who swapped to DAI.axl was on October 28th, with 234.
The highest number of users who swapped to USDT.grv was on October 25th, with 39.
The highest number of users who swapped to USDC.grv was on October 26th, with 51.
The highest number of users who swapped to USDC.axl was on October 28th, with 5454.

Swap from and to stable coins

:key: Key Finding :key:: The highest USD volume belongs to swap to other tokens, with 16.4 billion.

The highest USD volume was on November 13th. On this day, most of the USD volume belongs to Swap from other tokens, with 1.2 billion.

Number of transactions

Number of users

:key: Key Finding :key:: The highest number of transactions belongs to swap from other tokens, with 1.12 million.

The highest number of transactions was on November 9th. On this day, of all the transactions, swaps from other tokens had the most part with almost 57.3k.

\

:key: Key Finding :key:: The highest number of users belongs to swap from other tokens, with 81.5k.

The highest number of users who had swapped was on October 28th. On this day, most of the users had swapped to another token. The number of users who had swapped to other tokens was 17.4k on this day.

USD volume

:key: Key Finding :key:: The average USD volume of Swap to other token was the most, with 16k.

The average USD volume was the most on November 13th. On this day, the average USD volume of swap from other tokens was the most, with 34.6k.

In and Out

Number of transactions

USD volume

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