$OSMO vs $ATOM
Line chart on the left side depicts price of OSMO vs ATOM on daily basis since January 2022.
It shows us that these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coin’s values surges and drops almost accordingly.
For example ATOM maxed out on Jan 16, 2022 with $42 and dropped lowest on Jun 18, 2022 with $6(decreased 8times) also OSMO maxed out early on Mar 4, 2022 with 10.85 and dropped lowest on Jun 18, 2022 with $0.72(decreased 15 times )
Line chart on the left side depicts swapper count from OSMO and ATOM to other tokens on daily basis since January 2022.
It shows us that swapper count of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ swapper counts surges and drops almost accordingly.
For example swapper count of ATOM maxed out on Mar 12, 2022 with 8,107 and dropped lowest on Jun 8, 2022 to 329(decreased 24 times) also swap count of OSMO maxed out early on Mar 28, 2022 with 14K and dropped lowest on Jun 8, 2022 to 663(decreased 21 times )
Line chart on the left side depicts swapper count to OSMO and ATOM from other tokens on daily basis since January 2022.
It shows us that swapper count of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ swapper counts surges and drops almost accordingly.
For example swapper count of ATOM maxed out on Feb 16, 2022 with 7,577 and dropped lowest on Jun 8, 2022 to 429(decreased 17 times) also swap count of OSMO maxed out early on Mar 4, 2022 with 8,872 and dropped lowest on Jun 8, 2022 to 368(decreased 24 times )
Investigating the relationship between OSMO and ATOM tokens in terms of price and whether they are related or not
Investigating swap statistics to/from OSMO and ATOM
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Line chart above on the left side depicts swap count from OSMO and ATOM to other tokens on daily basis since January 2022. It shows us that swap count of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ swap counts surges and drops almost accordingly.
For example swap count of ATOM maxed out on May 12, 2022 with 23K and dropped lowest on Jun 8, 2022 to 956(decreased 24 times) also swap count of OSMO maxed out early on May 12, 2022 with 64K and dropped lowest on Jun 18, 2022 to 2,189(decreased 30 times )
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Line chart above on the right side depicts swap volume from OSMO and ATOM to other tokens on daily basis since January 2022. It shows us that swap volume of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ swap volumes surges and drops almost accordingly.
For example swap volume of ATOM maxed out on May 12, 2022 with 4.27M and dropped lowest on Oct 9, 2022 to 41K(decreased 104 times) also swap volume of OSMO maxed out early on May 11, 2022 with 37M and dropped lowest on Oct 8, 2022 to 357K(decreased 103 times )
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Line chart on the left side depicts swap count to OSMO and ATOM from other tokens on daily basis since January 2022. It shows us that swap count of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ swap counts surges and drops almost accordingly.
For example swap count of ATOM maxed out on May 11, 2022 with 18K and dropped lowest on Jun 8, 2022 to 784(decreased 23 times) also swap count of OSMO maxed out early on May 12, 2022 with 55K and dropped lowest on Jun 18, 2022 to 2,022(decreased 27 times )
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Line chart on the right side depicts swap volume to OSMO and ATOM from other tokens on daily basis since January 2022. It shows us that swap volume of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ swap volumes surges and drops almost accordingly.
For example swap volume of ATOM maxed out on May 12, 2022 with 4.4M and dropped lowest on Oct 9, 2022 to 50K(decreased 88 times) also swap volume of OSMO maxed out early on May 12, 2022 with 42M and dropped lowest on Oct 9, 2022 to 305K(decreased 137 times )
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Investigating top 10 tokens which OSMO and ATOM swapped to/from
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Donut chart above on the left side depicts top 10 tokens which OSMO has swapped to based on swap volume. in which total swap volume is 413M, and as we see OSMO→ATOM has most share of swap volume with 35%, which is 145M. next 2 assets with most volume which OSMO has swapped to are USDC and USTC.
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Donut chart above on the right side depicts top 10 tokens which ATOM has swapped to based on swap volume. in which total swap volume is 113M, and as we see ATOM→OSMO has most share of swap volume with 26.4%, which is 29M. next 2 assets with most volume which ATOM has swapped to are USTC and USDC.
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USDC, USTC, LUNC, JUNO, EVMOS, CRO, and SCRT are 7 tokens that are common on both charts which means majority of top 10 tokens which both tokens has swapped to are same.
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WETH and DAI are on OSMO’s top 10 list which are not on ATOM’s and EEUR and XPRT are on ATOM’s top 10 list which are not on OSMO’s.
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Donut chart above on the left side depicts top 10 tokens which OSMO has swapped from based on swap volume. in which total swap volume is 380M, and as we see ATOM→OSMO has most share of swap volume with 48.6%, which is 184M. next 2 assets with most volume which OSMO has swapped from are USDC and USTC.
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Donut chart above on the right side depicts top 10 tokens which ATOM has swapped from based on swap volume. in which total swap volume is 104M, and as we see USTC→ATOM has most share of swap volume with 29.6%, which is 31M. next 2 assets with most volume which ATOM has swapped from are USTC and USDC.
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USDC, USTC, LUNC, JUNO, CRO, EVMOS and SCRT are 7 tokens that are common on both charts which means majority of top 10 tokens which both tokens has swapped from are same.
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WETH and DAI are on OSMO’s top 10 list which are not on ATOM’s and EEUR and WBTC are on ATOM’s top 10 list which are not on OSMO’s.
Investigating transfer statistics count/volume/type of OSMO and ATOM
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Line chart above on the left side depicts transfer count of OSMO and ATOM on daily basis since January 2022. It shows us that transfer count of these coins both surged on early 2022 and has bearish trend towards 2023 and also we see that both coins’ transfer counts surges and drops almost accordingly.
For example transfer count of ATOM maxed out on May 12, 2022 with 14K and dropped lowest on Jun 8, 2022 to 772(decreased 18 times) also transfer count of OSMO maxed out early on Mar 22, 2022 with 320K and dropped lowest on Jun 8, 2022 to 483(decreased 662 times )
- On over all view we can see that ATOM has dominant values over majority of time frame but OSMO has spikes that surpasses ATOM in higher values.
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Line chart above on the right side depicts transfer volume of OSMO and ATOM on daily basis since January 2022. It shows us that transfer volume of OSMO surged on late 2022 and has bullish trend towards 2023 coins but transfer volume of ATOM surged on early 2022 and has bearish trend towards 2023 so we see that transfer volume of them do not moves accordingly.
For example transfer volume of ATOM maxed out on May 11, 2022 with 9.24M and dropped lowest on Oct 9, 2022 to 90K(decreased 102 times) and transfer volume of OSMO maxed out early on Dec 22, 2022 with 54M.
- On over all view we can see that OSMO has dominant values over majority of time frame and also OSMO has spikes that surpasses ATOM in higher values.
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Bar chart above on the left side depicts type of total transfer counts of OSMO and ATOM since January 2022. we can see that total transfer count of OSMO of all types is 330K and total transfer count of ATOM of all types is 2.5M, so transfers of ATOM is 7.5 times more than transfers of OSMO.
Also ==OSMOSIS== has most transfers among of both coins with 1,970,169 transfers and on both coins we see that transfers out of them has higher count than transfers into them.
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Bar chart above on the right side depicts type of total transfer volumes of OSMO and ATOM since January 2022. we can see that total transfer volume of OSMO of all types is 616M and total transfer volume of ATOM of all types is 263M, so transfer volume of OSMO is 2.34 times more than transfers of ATOM.
Also ==OSMOSIS== has most transfer volume among of both coins with 1,970,169 transfers and on ATOM we see that transfers out of it has higher volume than transfers into it unlike OSMO.
Investigating top 10 holders of OSMO and ATOM and what other tokens these holders also hold
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Donut chart above on the left side depicts top 10 OSMO holders since 2023/01/12 based on asset volume. in which total held volume is 402M, and as we see ==osmo1fl48vsnmsdzcv85q5d2q4z5ajdha8yu3aq6l09== holds most share of OSMO volume with 52.3%, which is 210M. next 2 holders with most held OSMO volume are osmo1jv65s3grqf6v6jl3dp4t6c9t9rk99cd80yhvld and osmo14kjcwdwcqsujkdt8n5qwpd8x8ty2rys5rjrdjj
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Donut chart above on the right side depicts top 10 ATOM holders since 2023/01/12 based on asset volume. in which total held volume is 1.2M, and as we see ==osmo1g9tdk9kcmptq033t7tp2yglpfx5kztuc279hzq== holds most share of OSMO volume with 52.3%, which is 210M. next 2 holders with most held OSMO volume are osmo19muml8sjpnecnm8geul4l3zfju24l04mpuppy7 and osmo14h0vftd66n3fs595hffqsn0qucfz9wmpu5ned7
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Donut chart above on the left side depicts other tokens held by top 10 OSMO holders since 2022/10/07 based on asset volume. in which total of 15 tokens held by them, and as we see ==GRAV== is held by them with most share of assets volume with 55.9%, which is 13.75M. next 3 assets with most held volume are STARS, LUNC and REGEN.
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Donut chart above on the left side depicts other tokens held by top 10 ATOM holders since 2022/10/07 based on asset volume. in which total of 26 tokens held by them, and as we see ==USTC== is held by them with most share of assets volume with 51.1%, which is 15.2M. next 3 assets with most held volume are OSMO, LUNC and UMEE.
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Atom holders tend to keep much more volume of stable coin unlike OSMO holders.
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OSMO holders do not tend to hold considerable ATOM tokens but on the other hand ATOM holders, hold considerable volume of OSMO tokens with 5,953,345 volume.
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LUNC, USTC, BOOT, BTSG, UMEE, STARS, ASVT, REGEN, SCRT, CRBRUS, SOMM and ION are commonly held by OSMO and ATOM holders.
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AKT and GRAV are on OSMO holders’ tokens list which are not on ATOM’s
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USDC, HUAHUA, JUNO, REGEN, XPRT, MNTL, EVMOS, STRD, CMDX, WETH, CRO, LUM, WBTC, stATOM are on ATOM holders’ tokens list which are not on OSMO’s.
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Conclusions
- USD value of OSMO is dominant over ATOM but both has similar trends.
- Swap count/volume/user involving both coins has been bearish towards 2023 with similar trends.
- Both tokens has most swap volume to/form each other.
- Unlike all other observed metrics transfer volume of OSMO has been bullish towards 2023.
- OSMO has most volume of transfer type of OSMOIS but in the second place we see that inflow volume is dominant unlike ATOM which outflow volume is dominant.
- Top OSMO holders hold 4 times more in $OSMO volume than ATOM holders’ held $ATOM.
- Top 10 Atom holders hold double unique other tokens than top 10 OSMO holders.
- So from information and charts given in this dashboard we can conclude that similarities between both coins are much higher than their differences, only parameter that shows major differences is transfer in which OSMO has bullish trend and with dominance of inflow transfers unlike ATOM.
Introduction
- The OSMO token is a governance token that allows staked token holders to decide the future of the protocol, including every implementation detail. OSMO will initially be used for the following (although governance is free to add or remove these functions): Voting on protocol upgrades.
- Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way."
Methodology
This dashboard includes review of OSMO and ATOM tokens in Osmosis network, their differences and similarities - from 2022 until now, and to do so i have used several tables from osmosis.core
which are as follows:
osmosis.core.ez_prices
osmosis.core.fact_swaps
osmosis.core.dim_labels
osmosis.core.fact_transfers
osmosis.core.fact_daily_balances
By using tables above I was able to extract various metrics of each parameters of ==Price==, ==Swaps== and ==Transfers== to examine different aspects of these parameters of SOMO and ATOM to find out their similarities and differences in their patterns.
