Q11. What are users swapping for? What activities are the most common for users on Flow right now? Create a visualization on what’s causing spikes in swapping behavior.

The most user swaps for Tokens based on The number of swaps :

1. Teleported Tether Token
2. FLOW
3. FUSD

The most user swaps for tokens based on the number of swappers :

1. Teleported Tether Token
2. FLOW
3. Fiat Token

user behavior based on The event Type of transactions :

1. FeesDeducted
2. TokensWithdrawn
3. TokensDeposited

On May 10 and May 11, the decrease in the price of the FLOW token increased the number of swaps. The same pattern is repeated from June 12 to 14.

what’s causing spikes in swapping behavior ?

• on 9th May, Instagram announced that they will support FLOW for their NFT platform.

• on 10th May Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has launched a $725 million fund to support its ecosystem. It was the largest stimulus fund used for supporting the growth of a blockchain ecosystem.