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    Rolling with Rollbit

    Overview of analysis

    Rollbit is a hub for degens. A home to leverage trading (up to 1000x leverage), and casino type games like sports betting, it has gotten the attention of many crypto users.

    Create a dashboard showing key KPIs on rollbit showing both Solana and Ethereum deposits and withdrawals. How many active wallets are interacting with rollbit? How common are bots in driving these numbers? On Solana, what on-chain programs have these wallets been using? Any signs of leverage trading or on-chain sports betting? Have they been buying $RLB on SOL?


    In this analysis, the activity of the Rollbit program has been investigated. This analysis contains various parts to evaluate the progress of this platform on Solana and Ethereum networks. This investigation is divided into the following parts:

    • Activity of Rollbit on Solana
    • Activity of Rollbit on Ethereum
    • Impacts of Bots and Whales on Rollbit
    • Behavior of Rollbit users on the Solana network
    • Activity of $RLB token
    Methodology
    About Rollbit

    Solana is a high-performance blockchain that was designed to provide fast transaction speeds and low fees. It uses a unique consensus algorithm called Proof of History (PoH), which allows for transactions to be processed in parallel, resulting in faster processing times. Solana is also highly scalable, allowing for a large number of transactions to be processed simultaneously. This makes it an ideal blockchain for decentralized applications (dApps) and other use cases that require high throughput and low latency. Additionally, Solana has a growing ecosystem of projects and developers, making it an exciting blockchain to watch in the coming years.

    Rollbit is a cryptocurrency exchange that offers trading services for various digital assets such as Bitcoin, Ethereum, and Solana. The platform is built on the Solana blockchain, which is known for its fast transaction speed and low fees. Rollbit also offers features such as staking, margin trading, and a referral program. If you want to learn more about Rollbit on Solana, you can visit their official website or social media channels for more information.

    The data provided by Flipside has been used to handle this analysis.

    • In this investigation, first of all, the activity of the Rollbit on the Solana and Ethereum networks has been determined. The activity of this program is investigated based on the deposit/withdraw volume and count of unique depositors.

    • The activity of Bots and Whales on the Rollbit program has been evaluated. Bot are considered users who made over 15 transfers in less than one minute. Also, Whales are considered depositors who deposit over 50 SOL or 50k USD into the program.

    • The behavior of the active users on the Rollbit is investigated in the next section of this analysis. The most powerful metrics for this section are user distribution based on the count of interactions, volume of deposits, and active days on the program. Furthermore, the popular sectors and programs among Rollbit users are determined too.

    • Finally, the activity of the $RLB token is investigated through various aspects like price and trade analysis.

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    NOTE: The reader can log into the Flipside website and set the time basis and period of investigation to find out the application of the Rollbit program over various time frames.

    By default, the time basis of the investigation is set to a Daily basis, and the time period of the analysis is considered for the past 30 days.