Active Wallet Addresses

Q.105 We are interested in knowing how many users are currently in the ecosystem. In this case, how many are holding $RUNE in their wallet or have an open LP position. What is this number currently, and how has it trended over time? Hint: use thorchain.liquidity_actions and thorchain.transfers

As we can see, the number of active users has been increasing since February 21, 2022. On April 4 and June 13, the number of active users reached its highest level.

The number of new users joined to Thorchain increased since February 21 to April 4, 2022, it increased and from March 28 to April 4, it reached about 3400 new wallets in one week. The total number of Thorchain wallets has reached more than 25,000 wallets to date.

50% of wallets have a maximum of 1 $RUNE in their wallets.

38 % of wallets have less than 50 $RUNE in their wallets.

More than 41% of wallets have an open LP position.

And in the above chart, We can see number of Active LPer per pool. as we see, BTC.BTC and ETH.ETH have the most active LPer.

Now, I am going to check volume of adding liquidity, volume of removing liquidity and minus adding - removing. then calculate the number of users who their LP position is positive and who their LP position is negative. also the NET Volume of LP positions.

As we see, volume of adding liquidity is more than removing for most users, our top active LPer has more removing liquidity actions than adding.

Based on the above chart, We can see a positive increasing trend in almost all of the charts. this means THORChain holders and LPers have trust in this project and interact more and more with it.

40% of wallets have an open LP position provide more than 100,000 $RUNE for pools.

Concolusion :

The number of new users joined to Thorchain increased since February 21 to April 4, 2022.