Bot Swappers

    Define bot swappers. How does the behaviour of bots differ from average swappers? For instance in terms of number of swaps, or in terms of distribution of swaps over a day. What percentage of swaps were executed by bots in the past 30 days? What pools and what pairs were most popular among bot swappers in the past 30 days.

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    As can be seen from the table above, Terra has a total of 139k swaps, with bots accounting for 76.97k of them. Bots have executed 55.21% of the total swaps in the last 30 days.

    The graph above depicts the top 20 unique wallets by number of swaps in the last 30 days. The top wallet, as can be seen, had over 15k swaps in the previous 30 days, while the rest bots had swap counts ranging from 4k to 6.6k. The behaviour in number of swaps performed by bots and average swappers is vastly different. Over the previous 30 days, the average swapper performed only less than 200 trades.

    Introduction

    In this dashboard, we'll look at the Terra ecosystem's bot swapper. To begin, we'll define a bot swapper for this dashboard and see how bot behaviour differs from that of average swappers in terms of number of swaps. The proportion of swaps performed by bots in the last 30 days will be calculated, followed by the the pools and pairs that were most popular among bot swappers in the previous 30 days.

    The LUNA to UST pair is the most popular among bots, with 72.81k swaps executed, accounting for the vast majority of bot swaps.

    Conclusion

    1. Bots and average swappers perform extremely differently when it comes to the number of swaps they execute. The average swapper performed less than 200 swaps in the past 30 days, whereas bots performed more than 4,000 swaps.
    2. Bot swaps acount 55.21% of all swaps made in the past 30 days.
    3. LUNA to UST pair is the most popular pair among bot swappers in the past 30 days.

    Bot Swapper definition

    Bot swappers will be defined as unique wallets with an abnormally large amount of transactions. For this dashboard, a wallet with more over 3000 swaps in a month is classified as a bot, which also means that on average, 100 swaps are performed every day, which is extremely high.