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    Near swap Overview

    This dashboard reviews the 14-day swap activity in the Near network: In this dashboard, you can see the number of swap transactions, the USD volume swapped, and the number of users who have made swaps on the Near protocol. As well as this, the top users, top pairs, and top platforms of the Near network have also been reviewed. As requested in the question description, the dashboard has been simplified.

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    Near protocol

    A community-run platform for cloud computing, NEAR Protocol is a Proof-of-Stake (PoS) blockchain enabling smart contracts. The NEAR Collective built NEAR intending to host decentralized applications (DApps), and the blockchain platform aims to compete with Ethereum and other leading smart contract blockchains, including EOS and Polkadot. Transaction fees and storage are paid with NEAR's native token, also known as NEAR. Additionally, NEAR tokens can be staked by token holders who verify transactions and help achieve consensus on the NEAR network

    A key goal of the NEAR Protocol is to create a user-friendly and developer-friendly platform. Several features have been implemented by NEAR that meet this mission, including human-readable account names, cryptographic wallet addresses, and the ability for new users to interact with DApps and smart contracts without requiring a wallet.

    The NEAR protocol powers projects such as Mintbase, which mints non-fungible tokens (NFTs), and Flux, which allows developers to create markets around assets, commodities, and real-world events.

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    For reviewing swap behavior on Near over the past 14 days, I used near.core.ez_dex_swaps table.

    Currently, we do not have access to all token prices on Near. Prices for a few tokens are available on the Price table. In order to extract average prices for all tokens, I used swap tables.

    All swaps from tokens to stable coins like USCD, DAI, and USDT were extracted.

    There was still a problem. Tokens are not swapped to stablecoins every day. For the analysis, I used the average price of each token over the past 14 days. Once the findings were combined with the swap table, I multiplied the amounts to determine the USD price.

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    Please note that this analysis was conducted on the newly developed Flipside platform. It is possible to find some bugs with this platform since its development has not yet been completed.

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    In every chain, swapping plays a crucial role.

    Using cryptocurrency swapping, users can instantly trade one cryptocurrency for another without exchanging currencies. It's evident that swapping saves users time and costs less, but that's not the only reason users do it.