Introduction

Phoenix is a decentralized limit order book platform on Solana that facilitates spot asset markets.

Through Phoenix, users can seamlessly swap their tokens at market prices and execute buy or sell orders for various tokens. In the current iteration, six swap pairs are available: Sol/USDC, wETH/USDC, Bonk/USDC, Bonk/Sol, mSOL/SOL, and JitoSol/Sol.

The platform officially launched on Mainnet on 23-08-2023.

This dashboard offers an overview of user activities on Phoenix during the initial stages of its launch.

Method

In this dashboard, we begin with offering an overview of user activities. This includes presenting daily statistics such as the number of active users, the ratio of new users to existing users per day, and the distribution of users among different types of activities. Leaderboards will also be provided to identify most engaged users.

Then, we delve into actions. In this section, we analyze the number of transactions over time, examine the volume of inflow and outflow, and assess the popularity of token pairs.

For defining the types of actions, we consulted the Phoenix technical documentation.

• Important note: the query for Phoenix pairs was derived from the remarkable analytics dashboard on Phoenix created by H4wk.

More about the Author

Twitter: @SocioCrypto | Discord: SocioCrypto | Flipside Profile: https://flipsidecrypto.xyz/SocioCrypto

• Solana Highlevel Dashboard link

Note on the image

The image was generated using AI with Picsart and edited using Fotor

It draws inspiration from the Monet style and the mythology of the Phoenix in both Persian and Western cultures.