NEAR CEX Flows
The idea of this dashboard is to illustrate the inflows and outflows of assets from NEAR to CEX and vice-versa, looking at items such as number of users and volume by CEX, which CEXes bring in the most active users to the ecosystem and what dApps in the ecosystem are users who onboarded funds from CEXes are using.
Near Protocol is a fast-growing blockchain platform with a vibrant ecosystem of decentralized applications (dApps) and an ever-expanding user base. As the platform continues to gain traction and more assets are exchanged on the network, it is crucial to understand the flow of these assets and the behavior of the users driving them. This is where your analytical skills come in - by analyzing the transaction data and network activity, you can gain insights into the key trends and patterns shaping the Near Protocol ecosystem.
One important aspect to consider is the role of centralized exchanges (CEXes) in the network. These exchanges are a vital on-ramp for new users and assets into the ecosystem, and analyzing their behavior can provide valuable insights into the health and growth of the network as a whole. By examining the number of users and volume of assets associated with each CEX, you can identify which exchanges are the most active and which are driving the most growth in the Near Protocol network.
Using Flipside Crypto data, I conducted an in-depth analysis of the inflows and outflows of assets on the Near Protocol blockchain. My goal was to gain a comprehensive understanding of the behavior of users on the network and identify key trends that could inform strategic decisions.
To begin, I utilized the Flipside Crypto dashboard to explore the overall activity on the network, including metrics such as the number of transactions, the volume of assets exchanged, and the number of unique users on the network. This allowed me to gain a broad understanding of the network's activity and identify areas of interest for further analysis.
Next, I delved deeper into the activity by examining the behavior of users on different centralized exchanges (CEXes). This involved analyzing the data to identify which CEXes were the most active on the network and which tokens were being transferred the most frequently. By doing so, I was able to gain insights into the behavior of users on the network and identify potential growth opportunities.
Finally, I created a detailed analysis of the selected CEXes on the network, providing the reader with a comprehensive view of their activity. This included metrics such as the number of transactions, the volume of assets exchanged, the number of unique users, and the most commonly traded tokens on the exchange. By providing this level of detail, I was able to provide valuable insights into the role that individual CEXes play in the network's overall activity and how they are driving growth and adoption.