User Segmentation Analysis
As “the largest interchain DEX,” Osmosis seeks to compete directly with the user experience of centralized exchanges, such as Coinbase and Binance.
Established in 2021, Osmosis is a multi-chain AMM built for the Cosmos ecosystem. The DEX offers interoperability between blockchains using Inter-blockchain Communication Protocol (IBC) and Axelar, which facilitate the connection of blockchains within a decentralized infrastructure.
By using Cosmos and its cross-chain communication capabilities as a base, Osmosis can offer far broader swapping options to its users, despite having no centralized entity to manage the platform.
By leveraging the Cosmos blockchain, Osmosis enables communication and composability between tokens from different blockchains.
It can handle trades between any of the 47 separate blockchains within Cosmos, all within the same DEX protocol. For users, this means a vastly bigger market for trading: the market cap of all the projects in the Cosmos ecosystem provides a potential marketplace of $58.7 billion.()
In this bounty we were asked to answer these questions:
- The most common ways of entering Osmosis (Axelar (Satellite) or elsewhere)
- The most common asset transferred into Osmosis for first transfer
- What do wallets do when they first come to Osmosis?
- Join to swap and then transfer that asset out?
- Join to stake OSMO?
- Join to swap and then LP?
- Which assets are most commonly swapped for and transferred out?
- Which assets are most commonly swapped for and then LP'd?