DEX Popularity: Tinyman, Algofi, Pactfi

    Q70. Since the beginning of April, how has the growth of AlgoFi and Pact impacted swaps on Tinyman? Show us how the Algorand DEX ecosystem is changing as each DEX grows. Do we see a change in the number of wallets swapping on these DEXs? Do we see a change in the volume of ALGOs being swapped on Tinyman and the other DEXs? Are ALGO whales swapping on certain DEXs more than others? Have we seen has the recent price change in ALGO impact the number of swaps/wallets/volume on the DEXs? If so, how?

    Introduction:

    In this bounty, we want to find how growth of AlgoFi and PactFi affected the swaps on Tinyman DEX on Algorand Blockchain.

    The start point of this bounty is considered since April 1st as mentioned in the question.

    The metrics that used in this bounty are:

    1. Number of users
    2. Number of swaps
    3. ALGO amount that swapped
    4. Whales usage

    The number of users that interacted with these DEXs is shown in this figure.

    As shown, after April 1st and by increasing the usage of AlgoFi and PactFi, the number of users for Tinyman is diminished.

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    Daily number of swaps for AlgoFi and PactFi are risen and due to this happening, the daily number of swaps is decreased as shown in this figure.

    The daily Volume of ALGO being swapped on DEXs is shown in this figure.

    Based on this figure, the volume of ALGO increased on AlgoFi and PactFi and the dominance of Tinyman is seperated between these DEXs in small shares for now.

    The application of DEXs (number of swaps) by Whales is shown in this bar figure.

    As shown in this chart, whales used Tinyman but the number of swaps for AlgoFi and PactFi are close to Tinyman and it shows the popularity of other DEXs among Whales.

    The price change in ALGO impact the swaps as shown in this figure.

    Based on this figure, the shortened of ALGO price cause enhancement in number of swaps from ALGO token and people wants to swap their ALGOs for stablecoins to stand resilience in crypto market.