about:

What is the Osmosis network?

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.

The Osmosis AMM

The Osmosis AMM is unique in that it affords users the ability to create their own liquidity pools, or to duplicate existing ones with their own unique parameters. Because Osmosis is built on the Cosmos ecosystem, users are able to natively trade assets from more than 47 different chains within Cosmos.

Methodology:

In this dashboard, we have used the following tables:

• osmosis.core.fact_swaps
• osmosis.core.fact_staking
• osmosis.core.fact_transfers
• osmosis.core.dim_prices

In this dashboard, we try to examine this discussion in three parts: swap, transfer and staking.

And let's see what changes have happened in these sections before and after what happened to ftx.

Swaps:

Observations:

• In the graphs of this section, you can see that the number of those who had swap transactions has increased slightly at the first day after ftx , and the number of transactions has reached its highest value after what happened to ftx on November 9.

In the following charts, we examined the destination and origin of swap transactions to see the role of stablecoins.

• As you can see in the graphs above, the volume and number of transactions and the number of users who have swapped from stablecoins have reached their maximum value in the first days after ftx (November 9, 10 and 11).

staking:

Observations:

As you can see in the graphs of the staking section, after ftx, the number of transactions and the number of users who have staked have increased significantly. But the volume of stake has decreased after the spike on November 8.

Transfer:

Observations & Conclusion :

• In the graphs of the transfer section, in the graphs that show the transfer to the Osmosis network, it can be seen that after ftx, there is no significant change in the number of transactions and the number of users, but the amount of assets transferred to the Osmosis network on November 9 compared to a few days before is almost It has doubled.

• But in the graphs related to withdrawal from the Osmosis network, it can be seen that the number of transactions and the number of users who have withdrawn their assets have increased, and the amount of withdrawn assets has almost doubled on the 9th of Navam compared to the previous day.

• In general, it can be concluded that after what happened to the ftx exchange, more users converted their assets into stablecoins in the early days of this incident, and the number of traders who staked their assets has also increased.

• And the amount of assets entered into the Osmosis network is more compared to the amount of assets leaving it.

• And in this way, it can be considered that the Osmosis network is a safer place than other networks to be safe from what is happening to the crypto market after the bankruptcy of the ftx exchange.