Overview

Near is a L1 blockchain aiming at providing the ideal environment for dAPPs by overcoming some of the limitations of competing systems—such as low throughput, low speeds, and poor cross-compatibility.

$NEAR is the native token of the NEAR blockchain.

This dashboard provides an overview of trading $NEAR on the NEAR blockchain.

Method and Data

This dashboard, first, presents statistics on swaps on NEAR. Then, it will go on to $NEAR swaps on the NEAR blockchain. This section provides metrics for the past 24 hours as well as time series comparisons.

For the swaps, near.core schema of Flipside’s on-chain data has been used. Swaps extracted from the table ez_dex_swaps .

Analysis

Swaps on the NEAR blockchain

This sections shows statistics for swaps on the NEAR blockchain.

As can be seen:

The number of traders has been decreased significantly in 2022. The number of swaps fluctuates around 2000 per day.
Interestingly, the volume of swaps do not show a decreasing trend in the recent weeks.
Between 50 and 100 pools are involved in swaps on the NEAR blockchain.

$NEAR Swaps on the NEAR blockchain

This section contains two subsections. First, the swap metrics for the past 24 hours will be presented.

This below graphs and numbers are updated on daily basis.

$NEAR Swaps on the NEAR blockchain over time

Now we will look into $NEAR swaps. Specifically the swaps in which swaps in is $NEAR. The following metrics over time can be found below:

The volume of NEAR swap in USD and NEAR
The number of NEAR swaps
The number of pools that are involved in NEAR swaps
The average and median of NEAR swaps

As the data shows the volume of NEAR swaps shows a downward trend since mid June. between 20 and 40 pools are involved in $NEAR swaps per day.

The number of swaps and swappers are declining.

Graphs below demonstrate top token in terms of volume over time.

We can see that USDC, USDT and DAI are dominate tokens

Notable Findings

Number of swappers has been decreased since the beginning of 2022. (This can be caused by a limitation of the available data)
Volume of swaps growing.
Mid-June is the blossoming period for NEAR swapping.
Average and Median NEAR swaps went up in the beginning of June.
$NEAR swap flow is going out to stablecoins the most dominated which is USDT.

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