Just Keep Swimming

    Swim Protocol provides a simple way to transfer tokens across chains via multi-token liquidity pools. It is built on top of one of the most infamous bridges, Wormhole, which allows users to more seamlessly transfer assets across multiple blockchains

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    Volumes on Swim by chain

    • Polygon and BNB have the largest volume on swim chains.
    • Fantom and Aurora have the lowest volume on swim chains.
    • Polygin: 946.7M, 35.2
    • BNB: 942.7M, 35.1
    • Fantom: 58.8M, about 2.2%.
    • Aurora: 54.7M, about 2%.
    • Other: 684.7M, 25.5%

    Stablecoins vs Non-stablecoins (Volume)

    • 99.5% of the volume of transactions is one side of those stablecoins.
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    What is Swim?

    Swim is a multi-chain AMM for native assets, designed to make bridging as easy as possible. Our protocol eliminates the need for wrapped assets by allowing users to swap from a native asset on one chain to a native asset on any other supported chain.

    What Will You Read?

    in This Analysis, You Will Read for Swim on Solana following metrics :

    • Total Volumes
    • Total unique users
    • Most popular destinations from Solana
    • Most popular stablecoins and non-stablecoins traded over time
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    Method

    • I got transactions list from solana.core.fact_events table with filter program_id = 'SWiMDJYFUGj6cPrQ6QYYYWZtvXQdRChSVAygDZDsCHC' ,

    Then from the transactions obtained with the filter program_id = 'TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA' I got the number of unique users on Swim.

    • I got from the solana.core.fact_events table, we have a contract addresses on Swim with filter 'program_id = 'SWimmSE5hgWsEruwPBLBVAFi3KyVfe8URU2pb4w7GZs'Then I got the total volume and the total daily volume and the number of transactions.
    • I determined stablecoins and non-stablecoins based on currency pairs, one side of which was USDC and USDT.
    • The analysis is from 2022-03-08.

    Total unique users, number of transactions and total volumes

    Unique Users on Swim

    • The total number of unique users is 21.3k.
    • From March 8 to March 31, we see an increase in unique users, and from March 31, we see a sharp decrease in unique users.
    • March 31, is the highest number of daily unique users with 3356.

    Volumes on Swim by tokens or pools

    • The total volume on Swim is 1.75B.
    • USDC has the largest trading volume with 756M dollars.
    • 43.1% of the trading volume belongs to USDC.
    • The largest volume of transactions was on May 20, 2022.
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    Transactions on Swim by chain

    • The most number of transactions are for Polygon with 50.8%.
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    Stablecoins vs Non-stablecoins (number of transaction)

    • 74.5% of the number of transactions are on one side of those stablecoins.

    Stablecoins vs Non-stablecoins (Cumulative)

    Conclusion

    • The total number of unique users on Swim is 21.3k.
    • The total number of transactions on Swim is 80.2k.
    • The total volume on Swim is 1.75B.
    • USDC has the largest trading volume with 756M dollars.
    • Polygon and BNB have the largest volume on swim chains.
    • Fantom and Aurora have the lowest volume on swim chains.
    • 99.5% of the volume of transactions is one side of those stablecoins.
    • 74.5% of the number of transactions are on one side of those stablecoins.
    • In this analysis, I got help from the site and its document for contract addresses.
    • Also from the points mentioned in Discord