Try Quests to earn cryptoDOT DOT, Who's There?
Like most assets in the last two years, DOT saw a meteoric rise in 2021 followed by a crater in 2022. However, DOT there still remains a little bit of DOT liquidity and volume flowing through Osmosis. Is the trading activity of DOT on Osmosis real user activity, or is this just arbitrageurs? How many users are active in Pool 773 every day, week, month?
What is 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.
Osmosis allows users to create liquidity pools with unique parameters. For example, as you know, two tokens with an equal ratio should be added in normal liquidity pools; But in this project, pools with multiple ratios can be created. Osmosis rewards structure is also compatible with these capabilities.
Methodology
We tried to answer the questions briefly and usefully and provide a detailed analysis to make the dashboard easier and faster to read.
Checking transactions and volume and wallets in terms of entering and leaving the pool
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As I can see, at the beginning of 2022, the volume of transactions and wallets contributing to the entry and exit of the pool was high, but gradually it seems that the volume of entry has decreased and the volume of cash outflow has increased. This can be according to the market situation Also, looking at the growth scatter chart, it seems that the volume of money withdrawal per transaction was high.
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In the percentage analysis, 92% of the transactions include volume entry
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About 71 percent of the wallets have participated in the volume entry
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In terms of volume, they had about 75% of the input volume
Arbitrageurs
- About 2% of transactions were for arbitrageurs
- About one percent of the wallets were arbitrageurs
- About 0.1% of the volume was also for arbitrageurs