Introduction

Osmosis is a decentralized peer-to-peer blockchain using the Cosmos SDK. IT is an advanced AMM protocol that will allow developers to design, build, and deploy their own customized AMMs.

This dashboard investigates the success rate of transactions on Osmosis.

Results

The graph below shows the number of failed and successful transactions over time. We can see that there is a surge in failed transactions on 12 May 2022. Since then we have seen a higher level of failed transactions.

The graph below shows how the daily success rate has been changed over time.

A decrease in success rate since beginning of May is observable.

The fall in success rate cooccurred with the collapse of UST when UST swap sparked across blockchains.

To better understand the cause of failures, the data has been broken down to message types.

The graph below shows the average success rate per message types.

We can see that failures fall into five categories.

Conclusion

The data shows that the low percentage of failures sparked on May 12, 2022.

We can see that the extra failures since then involve swaps which include coin_spent, coin_received and transfer.

There are more than 2M transactions of swaps like the below transactions that have failed to be executed.

The graph below shows those five groups are the core of transactions.

Focusing on the five message types we can see that the number of failures for coin_received, coin_spent and transfers are exactly the same. It means the underlying cause of the failures are the same or these three type are the part of execution of the same actions.