ASA Dex Degens

    Let's look at DEX wallet behavior with the algorand.swaps table to get an idea of how many swaps wallets are being conducted and see how many ASAs wallets are trading. [Note: The value and data sourced is for 1/1/2022 and later]

    Summary

    Basically these chart are self-explaining, however, here is a summary based on these data. In 2022

    There are 53.3k address that has ever made a swap.

    Swap Count: 30.1% has only made 1 swap, 15.8% has only 2 swaps, and 8.36% has made 3 swaps.

    Asset Count: 45% has only swap to 1 asset, 20.3% has swapped to 2 assets, 8.58% has swapped to 3 assets.

    Asset: Yieldly and USDC are the most popular swap-to asset.

    DEX: Tinyman is by far the most popular DEX.

    Interesting insight (personal opinion): Based on the data, people who made more than 2 swap, tend to swap again number of times (since the number of swap = 3,4,5 is very less). Similarly, people who swap to more than 2 asset, tend to swap to even more asset (number of asset per wallet = 3,4,5 is very less)

    Loading...
    Loading...
    Loading...
    Loading...