Osmosis is a Layer-1, Proof-of-Stake (PoS) blockchain built with the Cosmos SDK that has been optimized to be a sandbox for automated market makers (AMMs). The chain enables developers to create and deploy customized AMMs by utilizing its various modules and Osmosis' on-chain governance system. OSMO, Osmosis' native token, gives holders the ability to vote on proposed network changes and earn rewards for assisting in network security. Its first application, also known as Osmosis, is an AMM with ATOM and OSMO as its initial base trading pairs.

Osmosis was the first Cosmos-based chain to make IBC (Inter‐Blockchain Communication Protocol)transfers popular. IBC transfers had been available for several months prior, but there had been little actual demand from the connected chains, resulting in an extremely low volume of IBC transfers. Osmosis, the first AMM on Cosmos, allowed users to trade and earn rewards through liquidity provision.

As noticed in the last two months, the range of the OSMO token has been between USD 1.4 and USD 1.1.

It can be emphazided that this was one of the few tokens that actually did not receive that much damage from the general crash because of the incentive that it provides to the market.

On the succesful transactions, it can be noticed that on average on the last 2 months, 16.9% of the transactions had failed. In a historical point of view this amount has been decreasing showing the behaviour and improvement of the chain.

For the moment, the top 5 contracts based on transactions that are the most relevant on the ecosystem are:

USDC/ATOM

EVM/ATOM

ATOM/USDC

EVM/USDC

OSMO/ATOM

These contracts makes sense because they are trying to maintain the inflows and outflows using their tokens issued for the purpose of the project. This maintains an usage, a purpose and of course a utility for the users.

At the same time in an accumulative point of view it can be visualized that there are more than 40k cummulative wallets in which during the last two months at least 200 new wallets per day are created.

In a Fee perspective, using the OSMO token in USD as a reference of it, it can be said that in general the lowest levels of the fees are around 100 OSMO tokens per day. This shows the activities and the frequency of transactions of any purpose on the chain.