Introduction

Osmosis serves as the Cosmos Ecosystem's liquidity hub.There is a possibility that DAU may reduce as yield lowers, whether it is through organic swap costs or because a substantial part of users are collecting yields via LPs and staking incentives.Users can stake, exchange, and offer liquidity in pools using their Osmosis tokens to take part in the protocol's governance and earn staking incentives.

What is Osmosis?

Osmosis is a DEX protocol, which implies that it makes use of smart contracts to establish the price of digital assets, provide liquidity via a peer-to-peer (P2P) system, and execute transactions between users. This method of operating an exchange platform is referred to as an AMM; it is a DEX protocol that values cryptocurrency assets in liquidity pools.

Methodology

In terms of swaps, LP operations, and transfers, have a look at the daily active users on osmosis. We're interested in user activity on Osmosis and the main purposes for which people utilize the network. These users move half over to Osmosis.Osmosis Activity in General

general status & Swaps

Observations

• Due to the strictness of this criterion, just 1.3k people meet it as daily active users.

• According to the line chart, there have been roughly 20k wallet transactions every day since July, which is the number of active users.

• Osmosis activity saw a sharp increase that peaked in March 2021.

• A steady rise of Active Osmosis users has been occurring since July 2021.

LPers & Transfers

Observations

• 96K LPs were completed by DAUs as seen in the graphs above. the occurred in 2021, demonstrating an upward tendency in the number of LPs performed by DAUs. On the daily chart, we can corroborate this upward trend from 2021 to 2022, which peaked on January 18, 2022, with 551 LPs completed. Thereafter, the trend declined, with the exception of a spike in late August.

• Currently, between 4,000 and 7,000 people switch on Osmosis more frequently than four times each week.

• ATOM, OSMO, and JUNO are the top three most used assets on Osmosis.

• Daily transfers into the chart provide as validation for the upward trend from 2021 to 2022. This trend peaked on March 8 with 483 transfers into Osmosis, and it has since been trending downward.

• Daily transfers out of the chart provide as proof for the upward trend from 2021 to 2022; this tendency peaked on March 8 with 439 transfers out of Osmosis, before declining on more subsequent days.

Conclusion

• around 10 to 12 thousand users utilize Osmosis more than four times each week.
• Osmosis activity experienced a sharp increase that peaked in March 2021.
• Transfers into Osmosis have the most activity in 2022 compared to other activities, with all actions showing an upward trend towards 2022 and a downward trend recently.
• the activity that was least active in 2022 was transfers out of osmosis and LPs.
• Since January 2022, Osmosis transfers have increased significantly.
• Active users switch more often than LPs, according to a comparison of swaps and LPs.
• The transfer to Osmosis chart revealed that, starting in mid-December, there were much more transfers than usual, going from about 300 per day to about 1300 per day.