Distribution of Swaps on Thorchain
Introduction & Methodoloy
This dashboard aims to analyze the distribution of swap size on Thorchain. This analysis will be broken down into two sections: one for the distribution of swaps per pool and one for the distribution of swaps among all pools. Each section will contain a distribution in RUNE as well as in USD. These distributions can give insight into what kind of users use Thorchain and each pool.
All data is retrieved using the flipside_prod_db.thorchain.swaps
table. This table contains each swap made on Thorchain. We calculate the swap size in RUNE by taking the average of the incoming and outgoing value in USD and then dividing it by the RUNE price at the moment of the swap:
((from_amount_usd + to_amount_usd)/2)/rune_usd as swap_size_rune
. The swap value in USD is calculated in the same way: ((from_amount_usd + to_amount_usd)/2)
.
The user is able to select the distributions in RUNE and USD per pool by using the pool_name parameter above.
Key Findings
- When flipping through the pools, we can see that the most common swap size for most pools is between 1k and 5k in USD. This also reflected in the distribution for the swaps among all pools.
- Among all pools, about 48% of all swaps in between $1k and $5k.
- When evaluating swaps in RUNE, most swaps are between 100 and 500 RUNE in size. About 56%.
- This indicates that mostly ‘normal’ size users use Thorchain. There are little whale size swaps above $100k for example. The same goes for shrimp size swaps under $100.