Most Popular ASA To Swap From ALGOs

    what ASAs(Algorand Standard Assets) are most popular to swap into from ALGOs in 2022?

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    In this dashboard I will analyze:
    1- Most Popular ASA to Swap From ALGOs (by volume of ALGO)
    2- Number of their transactions
    3- Number of unique wallets swapped ALGO to these assets
    4- Their daily distribution

    Method

    In the following table, you can see the list of Top 10 assets on Algorand (in ALGO value). USDC is the most popular asset. 8'976 unique wallets in 137'272 transactions swapped over 51m ALGO to USDC.

    In the following graphs, you can see the distribution of these assets by ALGO volume, number of transactions, and number of unique wallets respectively.

    Daily swaps

    In the following chart, you can see the daily amount of ALGO swapped to our Top 10 assets in total and also for each asset on that day.

    As an interesting point, I can mention that in our list, ZONE is the 9th token with a total volume of 4.2m ALGO, and 2.5m (60%) of that happened in only one day (February 11th,2022)
    In the following chart, you can see the share of each asset from ALGOs swapped on that day.

    Conclusion

    • In the Top 10 list, USDC is the top asset in Volume of ALGO swapped, and Number of Transactions. It is in the second place in the Number of unique wallets.
    • Yieldly is the asset that has the highest number of wallets swapped their ALGO to it.
    • On average, users daily swapped around 1m ALGO to this group ofassets.