What is Osmosis?

Osmosis is a DEX protocol, which means it uses smart contracts to determine the price of digital assets, to produce liquidity via a peer-to-peer (P2P) methodology, and to exact trades between users. This approach to an exchange platform is known as an AMM — a DEX protocol that prices crypto assets in liquidity pools.

\n

What is a DEX?

A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEXs), decentralized platforms are non-custodial, meaning a user remains in control of their private keys when transacting on a DEX platform.

\n

What is an Active user?

in this dashboard, a user will be defined as a user who has used osmosis x days a week or more where x is the number entered in the days per week box above.

\n

Methodology

In this dashboard, we are looking to see how activity on osmosis has changed in terms of users, token holdings, and swap volume since the start of November. The data for this dashboard will come from osmosis.core tables of Flipside’s database.

Sections

1. Active Osmosis Users
2. Osmosis IBC Token Balances
3. Osmosis swap activity

Activite Osmosis Users

Observations

• Currently, there are about 1K - 2K users providing liquidity on Osmosis more than 4 times per week
• Currently, there are about 6K - 10K users Transfering assets on Osmosis more than 4 times per week
• There has been a large growth in transfers on Osmosis since Jan 2022
• Currently, there are about 4K - 7K users swapping on Osmosis more than 4 times per week
• There was a large spike in Osmosis swap activity that peaked in March 2021
• Since July 2021 there has been a gradual increase in the Active Osmosis swappers

Osmosis IBC Token Balances

Observations

• About 85% of the token balance value on Osmosis is from the OSMO token
• Other than OSMO, ATOM and ION are held in large volume by Osmosis users
• Other than ATOM and OSMO all tokens have less than 100K holders on Osmosis
• At the end of October, there was a spike in IBC Tokens held on Osmosis

Osmosis swap activity

Observations

• In may 2022 the swap volume on Osmsos peaked at over 200 Billion in volume on May 15th.
• After mid May, the swap volume on the platform dropped off drastically.
• In May and June, the average number of Osmo users was 50K per day.
• Recently there has been large spike in swap activity on Osmosis

Conclusion

1. Active Osmosis Users

   1. Currently, there are about 1K - 2K users providing liquidity on Osmosis more than 4 times per week
   2. Currently, there are about 6K - 10K users Transfering assets on Osmosis more than 4 times per week
   3. There has been a large growth in transfers on Osmosis since Jan 2022
   4. Currently, there are about 4K - 7K users swapping on Osmosis more than 4 times per week
   5. There was a large spike in Osmosis swap activity that peaked in March 2021
   6. Since July 2021 there has been a gradual increase in the Active Osmosis swappers

2. Osmosis IBC Token Balances

   1. About 85% of the token balance value on Osmosis is from the OSMO token

      Other than OSMO, ATOM and ION are held in large volume by Osmosis users

      Other than ATOM and OSMO all tokens have less than 100K holders on Osmosis

      At the end of October, there was a spike in IBC Tokens held on Osmosis

3. Osmosis swap activity

   1. In may 2022 the swap volume on Osmsos peaked at over 200 Billion in volume on May 15th.
   2. After mid-May, the swap volume on the platform dropped off drastically.
   3. In May and June, the average number of Osmo users was 50K per day.
   4. Recently there has been a large spike in swap activity on Osmosis