Summary

• In this dashboard, the activity of users on Osmosis as they bridged through Axlear's Satellite is investigated in order to find out the trend and variation for transactions numbers, transactions volume, and users number as well as the most popular assets users use to bridge and their final activity after bridging.
• Regarding the weekly variation and distribution of the transactions number according to the origins of bridges to osmosis through Axelar satellite bridge, Axelar has the upper hand by far.
• The weekly variation of the transactions number according to the Axelar as the top origin of bridges to osmosis through Axelar satellite bridge shows a significantly increasing trend, especially after 19 Sep.
• The distribution of the transactions number according to the origins of bridges to osmosis through Axelar satellite bridge shows that Axellar has the biggest share (99.9%)
• Regarding the weekly variation and distribution of the users’ number according to the origins of bridges to osmosis, Axelar has the upper hand by far.
• The weekly variation of the users’ number according to Axelar as the top origin of bridges to osmosis shows a significantly increasing trend, especially after 19 Sep.
• The distribution of the users’ number according to the origins of bridges to osmosis shows that Axellar has the biggest share (99.9%)
• The distribution of the number of bridge transactions to or from Osmosis through Axelar satellite bridge according to the type of bridge is as follows:
  • Bridge from Osmosis: 50047, 80.3%
  • Bridge to Osmosis: 12268, 19.7%
• The distribution of the number of bridge users to or from Osmosis through Axelar satellite bridge according to the type of bridge is as follows:
  • Bridge from Osmosis: 40162, 96%
  • Bridge to Osmosis: 1656, 4%
• The distribution of the number of bridge transactions volume to or from Osmosis through Axelar satellite bridge according to the type of bridge is as follows:
  • Bridge from Osmosis: 187.61M, 95.7%
  • Bridge to Osmosis: 8.5M, 4.3%
• Regarding the weekly variation and distribution of the transactions number according to bridged assets to osmosis through Axelar satellite bridge, AXL has the upper hand by far.
• The weekly variation of the transactions number according to bridged assets to osmosis through Axelar satellite bridge shows a significantly increasing trend, especially after 12 Sep.
• The distribution of the transactions number according to the bridged assets to osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • AXL: 9517, 77.6%
  • USDC: 1520, 12.4%
  • WETH: 806, 6.57%
• Regarding the weekly variation and distribution of the users’ number according to bridged assets to osmosis through Axelar satellite bridge, AXL has the upper hand by far.
• The weekly variation of the users’ number according to bridged assets to osmosis through Axelar satellite bridge shows a significantly increasing trend, especially after 19 Sep.
• The distribution of the users’ number according to the bridged assets to osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • AXL: 1568, 91.6%
  • USDC: 85, 4.96%
  • WETH: 1.11%
• Regarding the weekly variation and distribution of the transactions volume according to bridged assets to osmosis through Axelar satellite bridge, AXL has the upper hand by far.
• The weekly variation of the transactions volume according to bridged assets to osmosis through Axelar satellite bridge shows a rather increasing trend for all of the assets except for AXL, after 12 Sep. This trend for AXL is significantly decreasing from 12 Sep.
• The distribution of the transactions volume according to the according to bridged assets to osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • AXL: 6.93M, 81.7%
  • USDC: 1.26M, 14.8%
  • WETH: 234.48, 2.76%
• The distribution of the transactions number according to the bridged assets from osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • USDC: 35K, 69.4%
  • AXL: 9.41K, 18.7%
  • WETH: 3.34K, 6.63%
• The distribution of the users’ number according to the bridged assets from osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • USDC: 31.83K, 78.8%
  • AXL: 3.85K, 9.54%
  • WETH: 2.52K, 6.24%
• The distribution of the transactions volume according to the bridged assets from osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • USDC: 148.78M, 79.4%
  • AXL: 17.45M, 9.3%
  • WETH: 9.33M, 4.97%
• Regarding the weekly variation and distribution of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge. Swapping, Transfer, and Staking have the upper hand by far.
• The weekly variation of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge shows a significantly increasing trend after 19 Sep. This trend turns to be decreasing after 24 Oct.
• The distribution of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 81275, 50%
  • Transfer: 38310, 23.6%
  • Staking: 20541, 12.6%
• Regarding the weekly variation and distribution of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge. Swapping, Transfer, and Staking have the upper hand by far.
• The weekly variation of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge shows a significantly increasing trend after 19 Sep. This trend turns to be decreasing after 24 Oct.
• The distribution of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 1571, 33.1%
  • Transfer: 1485, 31.3%
  • Staking: 397, 8.38%
• The distribution of the transactions number according to the type of actions firstly done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 1799, 75.5%
  • Transfer: 308, 12.9%
  • Liquidity Providing: 142, 5.96%
• The distribution of the users’ number according to the type of actions firstly done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 1429, 72.4%
  • Transfer: 283, 14.3%
  • Liquidity Providing: 135, 6.84%
• The distribution of the transactions number according to the most popular bridge users to Osmosis through Axelar satellite bridge for the 3 most popular users is as follows:
  • osmo1x3z2vepjd7fhe30epncxjrk0lehq7xdqe8ltsn: 5624, 71.1%
  • osmo1565t6hv8tvkk2e39rs9m05034uuue8q3up936g: 446, 5.63%
  • osmo1fvk4770fh3dxcz2gmgunvrngv28rrvrnsls2f: 348, 4.4%
• The distribution of the transactions volume according to the most popular bridge users to Osmosis through Axelar satellite bridge for the 3 most popular users is as follows:
  • osmo1thdrv6vxnv9ywhyhadurlfyqw8huvzp2txfgjf: 626.76K, 39.4%
  • osmo1y7087ld7nc6259f9dx2h0wru93p7jejwcc864r: 487.45K, 30.6%
  • osmo1z85defp7tu9d35mqkpxmjh2m4kx38exgfhaus: 140.2K, 8.8%

This pie chart shows the distribution of the transactions volume according to the most popular bridge users to Osmosis through Axelar satellite bridge

• The distribution of the transactions volume according to the most popular bridge users to Osmosis through Axelar satellite bridge for the 3 most popular users is as follows:
  • osmo1thdrv6vxnv9ywhyhadurlfyqw8huvzp2txfgjf: 626.76K, 39.4%
  • osmo1y7087ld7nc6259f9dx2h0wru93p7jejwcc864r: 487.45K, 30.6%
  • osmo1z85defp7tu9d35mqkpxmjh2m4kx38exgfhaus: 140.2K, 8.8%

This pie chart shows the distribution of the transactions number according to the most popular bridge users to Osmosis through Axelar satellite bridge

• The distribution of the transactions number according to the most popular bridge users to Osmosis through Axelar satellite bridge for the 3 most popular users is as follows:
  • osmo1x3z2vepjd7fhe30epncxjrk0lehq7xdqe8ltsn: 5624, 71.1%
  • osmo1565t6hv8tvkk2e39rs9m05034uuue8q3up936g: 446, 5.63%
  • osmo1fvk4770fh3dxcz2gmgunvrngv28rrvrnsls2f: 348, 4.4%

This pie chart shows the distribution of the users’ number according to the type of actions firstly done by users on Osmosis after bridging through Axelar satellite bridge

• The distribution of the users’ number according to the type of actions firstly done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 1429, 72.4%
  • Transfer: 283, 14.3%
  • Liquidity Providing: 135, 6.84%

These charts show the weekly variation and distribution of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge. Swapping, Transfer, and Staking have the upper hand by far.
• The weekly variation of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge shows a significantly increasing trend after 19 Sep. This trend turns to be decreasing after 24 Oct.
• The distribution of the users’ number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 1571, 33.1%
  • Transfer: 1485, 31.3%
  • Staking: 397, 8.38%

This pie chart shows the distribution of the transactions volume according to the according to bridged assets from osmosis through Axelar satellite bridge.

• The distribution of the transactions volume according to the bridged assets from osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • USDC: 148.78M, 79.4%
  • AXL: 17.45M, 9.3%
  • WETH: 9.33M, 4.97%

This pie chart shows the distribution of the users’ number according to the according to bridged assets from osmosis through Axelar satellite bridge.

• The distribution of the users’ number according to the bridged assets from osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • USDC: 31.83K, 78.8%
  • AXL: 3.85K, 9.54%
  • WETH: 2.52K, 6.24%

This pie chart shows the distribution of the transactions number according to the according to bridged assets from osmosis through Axelar satellite bridge.

• The distribution of the transactions number according to the bridged assets from osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • USDC: 35K, 69.4%
  • AXL: 9.41K, 18.7%
  • WETH: 3.34K, 6.63%

These charts show the weekly variation and distribution of the transactions volume according to bridged assets to osmosis through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the transactions volume according to bridged assets to osmosis through Axelar satellite bridge, AXL has the upper hand by far.
• The weekly variation of the transactions volume according to bridged assets to osmosis through Axelar satellite bridge shows a rather increasing trend for all of the assets except for AXL, after 12 Sep. This trend for AXL is significantly decreasing from 12 Sep.
• The distribution of the transactions volume according to the according to bridged assets to osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • AXL: 6.93M, 81.7%
  • USDC: 1.26M, 14.8%
  • WETH: 234.48, 2.76%

These charts show the weekly variation and distribution of the users’ number according to the origins of bridges to osmosis through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the users’ number according to the origins of bridges to osmosis, Axelar has the upper hand by far.
• The weekly variation of the users’ number according to Axelar as the top origin of bridges to osmosis shows a significantly increasing trend, especially after 19 Sep.
• The distribution of the users’ number according to the origins of bridges to osmosis shows that Axellar has the biggest share (99.9%)

These charts show the weekly variation and distribution of the transactions number according to the origins of bridges to osmosis through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the transactions number according to the origins of bridges to osmosis through Axelar satellite bridge, Axelar has the upper hand by far.
• The weekly variation of the transactions number according to the Axelar as the top origin of bridges to osmosis through Axelar satellite bridge shows a significantly increasing trend, especially after 19 Sep.
• The distribution of the transactions number according to the origins of bridges to osmosis through Axelar satellite bridge shows that Axellar has the biggest share (99.9%)

This chart shows the distribution of the number of bridge transactions to or from Osmosis through Axelar satellite bridge according to the type of bridge.

• The distribution of the number of bridge transactions to or from Osmosis through Axelar satellite bridge according to the type of bridge is as follows:
  • Bridge from Osmosis: 50047, 80.3%
  • Bridge to Osmosis: 12268, 19.7%

This chart shows the distribution of the number of bridge users to or from Osmosis through Axelar satellite bridge according to the type of bridge.

• The distribution of the number of bridge users to or from Osmosis through Axelar satellite bridge according to the type of bridge is as follows:
  • Bridge from Osmosis: 40162, 96%
  • Bridge to Osmosis: 1656, 4%

This chart shows the distribution of the number of bridge transactions volume to or from Osmosis through Axelar satellite bridge according to the type of bridge.

• The distribution of the number of bridge transactions volume to or from Osmosis through Axelar satellite bridge according to the type of bridge is as follows:
  • Bridge from Osmosis: 187.61M, 95.7%
  • Bridge to Osmosis: 8.5M, 4.3%

These charts show the weekly variation and distribution of the transactions number according to bridged assets to osmosis through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the transactions number according to bridged assets to osmosis through Axelar satellite bridge, AXL has the upper hand by far.
• The weekly variation of the transactions number according to bridged assets to osmosis through Axelar satellite bridge shows a significantly increasing trend, especially after 12 Sep.
• The distribution of the transactions number according to the bridged assets to osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • AXL: 9517, 77.6%
  • USDC: 1520, 12.4%
  • WETH: 806, 6.57%

These charts show the weekly variation and distribution of the users’ number according to bridged assets to osmosis through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the users’ number according to bridged assets to osmosis through Axelar satellite bridge, AXL has the upper hand by far.
• The weekly variation of the users’ number according to bridged assets to osmosis through Axelar satellite bridge shows a significantly increasing trend, especially after 19 Sep.
• The distribution of the users’ number according to the bridged assets to osmosis through Axelar satellite bridge for the 3 most popular assets is as follows:
  • AXL: 1568, 91.6%
  • USDC: 85, 4.96%
  • WETH: 1.11%

These charts show the weekly variation and distribution of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge.

• Regarding the weekly variation and distribution of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge. Swapping, Transfer, and Staking have the upper hand by far.
• The weekly variation of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge shows a significantly increasing trend after 19 Sep. This trend turns to be decreasing after 24 Oct.
• The distribution of the transactions number according to the type of actions done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 81275, 50%
  • Transfer: 38310, 23.6%
  • Staking: 20541, 12.6%

This pie chart shows the distribution of the transactions number according to the type of actions firstly done by users on Osmosis after bridging through Axelar satellite bridge

• The distribution of the transactions number according to the type of actions firstly done by users on Osmosis after bridging through Axelar satellite bridge for the 3 most popular actions is as follows:
  • Swapping: 1799, 75.5%
  • Transfer: 308, 12.9%
  • Liquidity Providing: 142, 5.96%

Introduction

Axelar is a permisionless network and gateway that enables you to build secure cross-chain applications. Satellite is a web app built on top of the Axelar network. Use it to transfer assets from one chain to another. The Axelar Network and its various components have already been audited by NCC, Cure53, and Oak Security. We’ll continue performing the audits of additional components and functionalities, stress-testing, and pen-testing of the network throughout its development.

Osmosis is a decentralized peer-to-peer blockchain that people can use to create liquidity and trade IBC enabled tokens. The Osmosis blockchain is made up of free, public, and open-source software. Your use of Osmosis involves various risks, including, but not limited, to losses while digital assets are being supplied to Osmosis pools and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool, including Impermanence Loss. Before using any pool on the Osmosis blockchain, you should review the relevant documentation to make sure you understand how Osmosis works, and the pool you use on Osmosis works. Additionally, just as you can access email protocols, such as SMTP, through multiple email clients, you can access pools on Osmosis through several web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present. []

Methodology

The data in this dashboard is obtained from the following tables:

• osmosis.core.dim_prices
• axelar.core.fact_transfers
• osmosis.core.fact_governance_proposal_deposits
• osmosis.core.fact_governance_submit_proposal
• osmosis.core.fact_governance_votes
• osmosis.core.fact_liquidity_provider_actions
• osmosis.core.fact_locked_liquidity_actions
• osmosis.core.fact_staking
• osmosis.core.fact_superfluid_staking
• osmosis.core.fact_swaps
• osmosis.core.fact_transfers
• osmosis.core.fact_transactions

Aim of this analysis:

In this dashboard, the activity of users on Osmosis as they bridged through Axlear's Satellite is investigated in order to find out the trend and variation for transactions numbers, transactions volume, and users number as well as the most popular assets users use to bridge and their final activity after bridging.

Results and discussion

Acknowledgment and supplementary Information

• I would like to show my sincere gratitude to the author of the following dashboard that helped me very much indeed to do my own analysis: *
• Author: NSA2000
• Twitter of the Author: @NSA2000C
• Discord of the Author: NSA2000#5651
• Data from FlipsideCrypto
• Link of this dashboard’s tweet: