Trader Behavior Analysis on Aptos
Flipside AI
Aptos blockchain demonstrates concentrated user engagement, with 26,404 traders exclusively using a single decentralized exchange platform, suggesting potential platform loyalty or an emerging ecosystem still in early development stages.
This dashboard dives deep into the behavior of traders on @aptos, providing a comprehensive analysis of activity across DeFi platforms. To better understand their impact, we’ve classified traders into distinct groups based on their activity patterns and volume:
Regulars: Active on 4 or more days within the past week.
Intermediates: Active on 2–3 days, showing moderate activity levels.
Spontaneous: Active on just 1 day, making occasional trades.
Whales: Traders moving significant volumes (average size >$10,000).
Micro-Traders: Focusing on small swaps (average size <$10).
Potential Bots: Identified by unusually short swap intervals (<30 seconds).
The dashboard also highlights platform preferences, volume contributions, and activity trends across these groups, offering a unique lens into Aptos’ evolving DeFi landscape. Dive in to uncover key insights and trends driving trader behavior.
The Platform Diversity Score is a comprehensive metric designed to evaluate the overall performance of DeFi platforms on Aptos. It considers multiple key characteristics to determine which platform offers the best user experience, efficiency, and profitability.
Key Features of the Platform Diversity Score:
Volume of Swaps: Measures the total trading volume on the platform. Although important, it is less significant compared to other factors, as a high volume alone doesn't guarantee a superior platform.
Number of Swaps: Tracks the total number of transactions processed by the platform. This indicates user activity but is weighted lower to emphasize quality over quantity.
Unique Traders: Reflects the diversity of users engaging with the platform. A higher number of unique traders suggests broader adoption.
Average Swaps per User: A critical metric for evaluating user retention and loyalty. Platforms with higher averages demonstrate that users return frequently, indicating a positive experience.
Cost Efficiency: Measures the average gas cost per swap. Platforms with lower costs are more economical, directly benefiting users and increasing accessibility.
Speed of Swaps: Evaluates the average time taken to complete transactions. Faster platforms provide a smoother experience, making this a key factor in user satisfaction.
Profitability: Assesses the average profit generated per swap (for arbitrage and general trading). Platforms that enable higher profitability attract more sophisticated traders.
How the Score is Calculated:
Each platform is evaluated across these dimensions and ranked individually for each metric. The rankings are then weighted based on the importance of the metric:
Most important metrics: User retention (average swaps per user), cost efficiency, and speed.
Moderately important metrics: Volume, number of swaps, and unique traders.
Metrics like cost and speed are adjusted inversely—platforms with higher costs or slower speeds are penalized. The final score aggregates these weighted rankings to provide a holistic view of platform performance.
Why It Matters:
The Platform Diversity Score provides an objective framework for comparing platforms, helping traders and users make informed decisions based on their priorities—be it cost, speed, or user engagement. It also highlights areas for improvement, fostering competition and innovation across the ecosystem.