Swap Profiles in May and June

This dashboard here attempts to see the users in the Algorand ecosystem who has used DEX wallets in the month of May and June and tracks their activities such as swaps,ALGO balance etc and creates a detailed study.

Introduction

The 1.7 billion unbanked people in developing countries have access to alternative assets and new forms of money because to centralized exchanges' excellent promotion of cryptocurrencies.

Decentralized exchanges (DEXes), on the other hand, are what help decentralization live up to its promise. Users now have even more power and control over their funds thanks to DEXes and the whole Decentralized Finance (DeFi) industry.

The ambitious objective of Tinyman, a new DEX platform built on Algorand, is to empower communities of normal people like you and me by promoting a just economy based on inclusion and equality. Continue reading to learn more about Tinyman, the most recent DeFi application to be released on Algorand.

The goal of Humble Swap is to increase accessibility and safety in the decentralized financial sector. Humble Swap is a brand-new, decentralized exchange that has undergone rigorous security audits to guarantee the security of user cash.

Methodology

This query here initially takes the DEX wallets from the labels and then searches for them if any of the users had used the DEX wallets to perform a swap from the swaps and then the data retrieved from the swaps column is grouped. Furthermore, the ALGO balance of the wallets is analyzed and then the top 1000 wallets are also accounted.In addition to this, the created at of those wallets are checked, and then whether the DEX wallets have indulged in any other activities are also analyzed by looking at the token transfers made by the DEX wallets in the ecosystem.Now let us look at them one by one.

The table here lists the DEX wallets users in the ecosystem who has involved in swapping in the month of May and June.They are named as the swapper in this table .Also the swaps done and the swap volume are also analyzed.

The chart here shows the Daily stats in the swapping of the Tokens by the DEX users over the month of May and June and it is seen that the highest swaps happened on a single day is 157 on June 11,2022.

The DEX users are addressed here and it displays the swaps that are done by the users over the two months of the chosen period over different assets.

The shares that are held by each asset in the swaps done by the DEX users in the ecosystem are charted here and it displays the the most swapped asset is LUNA.

The table here shows the assets that are held by the users in the ecosystem with DEX wallets with their corresponding volume. The chart here represents the balance of the DEX users in the ecosystem who hold other assets and the volume of the asset is also charted.

ALGO balance of the DEX wallets that are charted here ,The highest number of ALGO tokens that are held by a single wallet is 3.82M

The wallets that are involved in the other token transfers are charted here with their transfer volume is listed here and it indicates that the wallet are also involved in transferring tokens.The highest volume traded is 2*10^18 .

The number here shows the number of times the wallets are involved in transferring tokens as the count of wallets in the token transfers.

The creation of the wallets is an important feature which displays that the creation is almost at the same but a little increasing trend.This is because the creation id can also be correlated with the date or else the first transaction can be considered as the creation date of the wallets which is almost correct.