flipside

    Try Quests to earn AVAXTry Quests to earn AVAX
    FatemeTheLady
    discord@FatemeTheLady
    @fatemethelady

    AVAX Crash & DeFi Swaps

    hexagon

    Flipside AI

    The Avalanche blockchain demonstrates complex market dynamics with significant volatility: daily decentralized exchange swap volumes fluctuate between 36,955 to 146,855 transactions, trading volumes range from 77M to 685M USD, and AVAX token prices oscillate between $24-$53. A moderate positive correlation of 0.363 exists between daily average price and trading volume, while simultaneously showing a weak negative correlation of -0.258 between price and swap activity, suggesting nuanced and dynamic market interactions.

    Introduction

    This dashboard analyzes the impact of the recent AVAX price crash on DeFi swapping activity within the Avalanche ecosystem. By examining transaction volumes, user engagement, and platform performance, it reveals how market volatility affects user behavior and network activity. The analysis highlights the resilience of Avalanche during market instability and uncovers trends that could shape future DeFi developments. With significant price fluctuations in AVAX, this study explores how Avalanche's DeFi platforms respond to market shocks.

    AVAX Price fluctuations & Swap Activity
    Correlation Analysis
    db-image-image-Wpm1
    Most Engaged Pairs and Platforms
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.