DEX Change
đź“‘INTRODUCTION
WAHT is OSMOSIS?
Osmosis is a decentralized exchange (DEX) and automated market maker (AMM) protocol for the Cosmos ecosystem. To understand the specifics of Osmosis, it’s helpful for you to know the context of the Cosmos ecosystem upon which and for which it is built. Cosmos is an overarching ecosystem of blockchain networks that can connect with one another as part of Cosmos’ mission to build an “internet of blockchains.” Interoperable decentralized applications (dApps) on these various networks communicate with each other and send tokens and data back and forth via Cosmos’ Inter-Blockchain Communication (IBC) Protocol.

âś…OBSERVASION
- According to the chart of USDC swap on OSMOSIS, 3.2M swap was done on Oct 28, which is the highest amount of these two months, and it also increased on Nov 9 and reached 2.2 million, which was a decrease compared to the previous month in the whole chart.
- In the Count of OSMO to USDC graph, according to TX_ID, the largest amount of swap was done in the two days of Oct 25 and Oct 28, which reached more than 3000 swaps.
đź“‘CONCLUSION
According to the above graphs, it can be concluded that OSMOSIS has new users and numbers in swap, Inflow after the FTX incident, which is good in one way and bad in another. There are new funds that are looking for a safe protocol to keep their funds, but in a way, the fall of FTX has directly affected the entire Crypto market, and the market has fallen and turned back, even with the increase in the number of Osmosis users, the big crypto market is going into winter. is approaching
While there are many DEXs in existence today, Osmosis is truly a next-generation DEX, specifically addressing some of the challenges and limitations of other single-chain blockchains with its multi-chain design and exceptional features. With improved opportunities for trading, liquidity pools and more, Osmosis is a DEX that’s already improving the user experience for many crypto enthusiasts.
âś…OBSERVASION
- According to the inflow to the OSMOSIS protocol, it can be concluded that this amount is increasing daily, and it can be clearly seen that users have entered large amounts into the OSMOSIS protocol after FTX collapse. It has also registered the recent period and has reached the figure of 445.
- It can be clearly seen in the two graphs below that after this FTX collapse event, AVG USER COUNT and AVG TX COUNT have increased significantly.
âś…OBSERVASION
- In this chart, we have tried to compare AVG Volume swap before and after FTX collapse to show that the highest amount of swaps was done on Oct 28, but if you look closely at Nov 7 & Nov 8, you can see that the one-day chart has gone up. which shows the day of the fall of FTT currency that the number of swaps has increased in OSMOSIS.
- As we said and you can see in the donut chart, after this event, the amount of swaps in osmosis by users has increased by nearly 40%.