Definitions

Celsius: Celsius Network LLC is a cryptocurrency lending company. Headquartered in Hoboken, New Jersey, Celsius maintains offices in four countries and operates globally.

CEL Token: CEL is a publicly-tradable token on major exchanges, with pairs available for cryptocurrencies and stablecoins. As of October 2020, automated market makers (AMMs) held the lion's share of trading volume, with popular pairs being for Bitcoin (BTC) and Wrapped Ether (WETH). 

Methodology

This dashboard is going to show the volume of the CEL token transferred and swapped by both Celsius and non-Celsius wallets. To understand the how uses are transferring CEL this dashboard will visualize transfer volume and number in the past 90 days. \n

Discussion 1

There has been no Celsius wallets that have swapped the CEL token on Ethereum DEXs. In total there 193.6K swaps resulting in almost $1 Billion of swap volume. In July of 2022 there was a spike in CEL token swaps and swap volume.

Discussion 2

In the past 90 days Celsius wallets make up about 2.5% of all CEL token transfers and about 9.5%of the total CEL. Between June 12th and July 11th there were almost no CEL transactions from Celsius wallets. Since the end of June the volume and number of CEL transfers has decreased for both Celsius and non-Celsius wallets.