DYDX Unlock

Introduction
Welcome to the DXDY Token Dashboard. This dashboard provides a detailed view of the price, transfer, swap, and flow activity of the DXDY token leading up to a major event next month where 105% of the circulating supply will be distributed to investors and team members. With this data, you will be able to see if holders have begun preparing for this event and what actions they may be taking to do so. Additionally, you can also see how the market is reacting in the weeks leading up to and following the unlock and use this data to make informed predictions about the future of the DXDY token. So, This dashboard will help you to understand the market trend and make a better decision for your investments.
The methodology for this dashboard is as follows:
- Data collection: Collect all necessary data for the DXDY token from the Flipside Crypto database. This includes historical price data, transfer data, and swap data.
- Data analysis: Use SQL queries to analyze the data and extract relevant insights. This includes calculating various metrics such as daily price changes, transfer volume, and swap volume.
- Data visualization: Use a dashboard tool such as Chart.js or Plotly to create visualizations of the data. This includes creating line charts to show price changes over time, bar charts to show transfer and swap volume, and pie charts to show the distribution of holders.
- Data interpretation: Interpret the data and insights to answer the research question "Have holders begun preparing for this massive unlock? If so, what actions are they taking to prepare? How do you expect the market to react in the weeks leading up to and following the unlock? Back up your assertions with data."
DXDY Price and Trasfer Acticity
Analysis
Since the large price crash in May, the price of DXDY has been on a slight uptrend. This can be seen in the price chart, which shows a gradual increase in value over time. The last significant increase in DXDY token activity was in October, where there was a small increase in the number of transferers and volume. This is evident in the transfer chart, which shows a spike in activity during that month. Additionally, the rate of new DXDY holding wallets also increased during this time. This can be observed in the wallet chart, which shows a spike in the number of new wallets holding DXDY in October. These facts suggest that holders may have begun preparing for the upcoming massive unlock event by increasing their purchases of DXDY and adding it to their portfolios. The market may react positively in the weeks leading up to and following the unlock, as holders may be more likely to hold on to their DXDY, resulting in a stabilization or even an increase in price.
DXDY Token DEX Swap Activity
Analysis
The data shows that since mid-November, there has been a significant increase in DXDY token swapping activity on decentralized exchanges (DEXs). A cumulative total of 600,000 DXDY tokens were swapped during this time period, with an average of 20-40 daily DXDY swappers on DEXs. The majority of this swapping activity, at 92%, is concentrated on Uniswap v3, with over half of the users swapping on this specific platform. This suggests that Uniswap v3 is a popular choice for DXDY token holders looking to trade their tokens. Additionally, the spike in swapping activity could indicate that holders are actively looking to trade their DXDY tokens in preparation for the upcoming event. The increase in trading volume and number of users swapping DXDY tokens could also potentially have a positive impact on the price of DXDY in the short term.
DXDY Token DEX Swap Activity by DEX
New Token holders
Conclusion
Based on the data presented on this dashboard, it appears that since the large price crash in May, the price of DXDY has been on a slight down trend. The last significant increase in DXDY token activity occurred in October, where there was a small increase in transferers and volume, as well as an increase in the rate of new DXDY holding wallets. Additionally, since mid-November, there has been a large spike in users swapping for DXDY with a cumulative 600K being swapped on exchanges. The majority of this swapping activity, around 92% of the volume, is occurring on Uniswap v3. Overall, it seems that holders are beginning to prepare for the upcoming massive event by increasing their DXDY holdings and participating in more swaps. The market may react positively in the weeks leading up to and following the unlock due to these actions by holders.