What is Osmosis (OSMO)?

Osmosis is a fair-launched AMM protocol for interchain assets that aims to allow the development and management of a self-balancing, noncustodial, interchain token index. Automated market maker (AMM) allows the digital asset to get traded in an automatic and permissionless manner. The asset aims to offer tools that improve AMM use within the Cosmos ecosystem from traditional token swap use cases. Cosmos is a platform for interconnected apps and services developed for a decentralized future. The Osmosis seeks to offer customizability, such as adjustments of swap fees, custom-curve AMMs, and multi-token liquidity pools. Liquidity pools help users trade cryptocurrencies on decentralized exchanges (DEX). However, the AMM aims to offer decentralized formation of token fundraisers, options market, interchain staking, and more to the Cosmos ecosystem.

Osmosis is built to be a cross-chain native, allowing the platform to connect to the complete ecosystem of Cosmos assets with its built-in IBCs. IBC (inter-blockchain communication) is a protocol that lets blockchains communicate. Its parameterizable inputs aim to enable the creation of DeFi assets like optional dynamic fee markets to adapt high volatility work to mitigate impermanent loss for liquidity providers. The currency also seeks to be used to deploy new curves with the help of existing wallet integrations, order flow, IBC connections, and liquidity in the Osmosis ecosystem.

The OSMO token is the governance coin of this protocol that offers a decentralized coordination method for token holders to determine the future changes and strategic directions needed for the protocol. This digital coin is primarily used for various functions like voting on protocol upgrades, setting the swap fee for the base network, or allocating the mining rewards for liquidity pools. The OSMO token is fairly launched and seeks to be distributed to network participants like developers, liquidity providers, stakers, and more.

How do Osmosis Work?

Osmosis is a proof of stake (PoS) blockchain with a decentralized exchange application enabling users to provide liquidity, swap, and in the future natively stake the tokens of blockchains from across the Cosmos ecosystem.

Methodology

• In this dashboard we will see the growth of the Gnosis activity chain and check how it happened

• In this case, we have used the following tables

  osmosis.core.fact_transactions ,

osmosis.core.fact_swaps ,

osmosis.core.dim_labels ,

osmosis.core.fact_liquidity_provider_actions

Question

What does a Daily Active User look like on Osmosis? First, plot out how many DAUs there are on Osmosis. For this exercise, consider a DAU would be any wallet transacting on Osmosis a majority of days every week.

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Once you have the DAUs, what does their activity look like? Do they LP more or swap more? How often do they transfer tokens into Osmosis? Where are these transfers coming from?

Osmosis Overall Activity

Observations

• Active Osmosis users gradually increased after July last year

• The users who had the most interaction in the last month (4 weeks) in Osmosis were about 12 thousand users

• In March of last year, osmosis activity has been on the rise.

• We see active Osmosis users who have made their transaction on 5 or more days a week, which is more than 82,000.

• In the graph we can see that there are only 12 HypeActive users, wallets that have completed their transactions in 5 days or more, in all weeks since the launch of Osmois

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Osmosis Swap Activity

Observations

• In March of last year, osmosis activity has been on the rise.
• There are between 4K - 7K users swapping more than 4 times a week on Osmosis.
• The most popular assets in Osmosis include ATOM, OSMO, and JUNO
• We have seen a gradual increase in active osmosis swappers after July 2021
• According to the above charts, bostrom1rl7lksuzayz5j0u0p35ezrw95czp3gyt4emcwf is also by far the most popular destination of outgoing transfers by Active Users with the most number of transfers. But for the HyperActive users, cro1lfmr6wjm92mzqx8v7d0yfekpsjy6a47hfd9mk0 is by far the most popular destination.

Osmosis LP and Transfers

Observations

• Users who transfer assets in Osmosis more than 4 times a week are between 6 and 10 thousand users.
• Users who provide liquidity in Osmosis more than 4 times per week are around 1k-2k
• We have seen a significant growth in osmosis transfers since January of this year

Conclusion

• Osmosis Overall Activity

  • Active Osmosis users gradually increased after July last year

  • The users who had the most interaction in the last month (4 weeks) in Osmosis were about 12 thousand users

  • In March of last year, osmosis activity has been on the rise.

  • We see active Osmosis users who have made their transaction on 5 or more days a week, which is more than 82,000.

  • In the graph we can see that there are only 12 HypeActive users, wallets that have completed their transactions in 5 days or more, in all

    weeks since the launch of Osmois

• Osmosis Swap Activity
  • In March of last year, osmosis activity has been on the rise.
  • There are between 4K - 7K users swapping more than 4 times a week on Osmosis.
  • The most popular assets in Osmosis include ATOM, OSMO, and JUNO
  • We have seen a gradual increase in active osmosis swappers after July 2021
  • According to the above charts, bostrom1rl7lksuzayz5j0u0p35ezrw95czp3gyt4emcwf is also by far the most popular destination of outgoing transfers by Active Users with the most number of transfers. But for the HyperActive users, cro1lfmr6wjm92mzqx8v7d0yfekpsjy6a47hfd9mk0 is by far the most popular destination.
• Osmosis LPers and Transfers
  • Users who transfer assets in Osmosis more than 4 times a week are between 6 and 10 thousand users.
  • Users who provide liquidity in Osmosis more than 4 times per week are around 1k-2k
  • We have seen a significant growth in osmosis transfers since January of this year