What Is Osmosis (OSMO)?

Osmosis (OSMO) is an automated market-making protocol (AMM) that specializes in the InterchainDeFi movement and is built on its own blockchain, utilizing the Cosmos SDK and IBC technologies. Osmosis is an advanced protocol focused on customizable AMMs, where users can create, construct, design and deploy individual and highly-customized AMMs with various modules and the on-chain governance system.

In this dashboard we will be using Osmosis database to compare the transaction volume for USDC, USDT, and DAI. And we will see which stablecoin Osmosis users prefer.

We will use osmosis.core.dim_labels to identify stablecoins, osmosis.core.fact_transfers to find number of transfers, transferred volume and number of unique users over time. And then use osmosis.core.fact_swaps to find number of stabelcoins swaps and swapped volume for each stablecoin.

Conclusion:

Based on above charts and analysis, we definitely can say USDC is widely preferred stablecoin on Osmosis. Next popular stablecoin is DAI, and USDT is less preferred stabelcoin among Osmosis users.