Thorchain: Swaps Activity
Flipside AI
THORChain Network Analysis: Early 2025 Insights
Network Overview
THORChain demonstrated significant volatility and dynamic growth in early 2025, with several key metrics highlighting its evolving ecosystem.
User Engagement
Total Unique Users: 114,859 in early 2025
Daily Peak Users: 4,453 on 2025-02-08
User Retention: Extremely transient user base
- 559,099 users active for just 1 day
- Only 1,754 users active beyond 30 days
Transaction Dynamics
Total Transactions: 2.8 million
Peak Daily Transaction Volume: $1.04 billion (January 26th, 2025)
Average Transaction Volume: $2,170.62
Average Transaction Size: $4,772 (Peak on January 24th)
Network Characteristics
- 37 distinct liquidity pools
- High volatility in user acquisition
- Consistent new trader percentage around 58.85%
- Cyclical patterns in user base composition
Key Observations
The network shows rapid user churn with minimal long-term engagement. Over 87% of traders are active for 2 days or less, indicating a highly speculative and transient trading environment.
Emerging Trends
THORChain is experiencing significant growth with periodic user base recovery after substantial drops. The consistent influx of new traders suggests ongoing interest in the decentralized exchange ecosystem.
THORChain Network Analysis: Early 2025 Insights
Network Overview THORChain demonstrated significant volatility and dynamic growth in early 2025, with several key metrics highlighting its evolving ecosystem.
User Engagement Total Unique Users: 114,859 in early 2025 Daily Peak Users: 4,453 on 2025-02-08 User Retention: Extremely transient user base
- 559,099 users active for just 1 day
- Only 1,754 users active beyond 30 days
Transaction Dynamics Total Transactions: 2.8 million Peak Daily Transaction Volume: $1.04 billion (January 26th, 2025) Average Transaction Volume: $2,170.62 Average Transaction Size: $4,772 (Peak on January 24th)
Network Characteristics
- 37 distinct liquidity pools
- High volatility in user acquisition
- Consistent new trader percentage around 58.85%
- Cyclical patterns in user base composition
Key Observations The network shows rapid user churn with minimal long-term engagement. Over 87% of traders are active for 2 days or less, indicating a highly speculative and transient trading environment.
Emerging Trends THORChain is experiencing significant growth with periodic user base recovery after substantial drops. The consistent influx of new traders suggests ongoing interest in the decentralized exchange ecosystem.