Questions

Axelar recently launched its native token, AXL, and we're celebrating with some bounties!

For this bounty, analyze the activity within the AXL/OSMO pool (#812), as well as trading activity on the Osmosis DEX. Note any trends or outliers you see. \n

BONUS: The best dashboards will update over time

Methodology

• We get data of swap from table osmosis.core.fact_swaps and LP from table osmosis.core.fact_liquidity_provider_actions where pool id is 812
• We are interested in 3 main matrices: AXL Volume, Tx count and Number of users. Details are shown and explained in the content
• Since there is very little of data so we decide to plot it in hourly manner, and also in overall fasion.

As the data in this dashboard will be getting updated frequently (every 3 hours), so we would like not to narrate much detail about exact number right now

Swap

We plot the graphs of hourly AXL swap in the right, including swap from AXL to other tokens (Blue lines) and swap from other tokens to AXL (Orange lines).

We plot in both term of AXL volume and Tx count

We also plot hourly new traders swapping from AXL and to AXL, and also total unique users swapping AXL.

We found that more users tend to swap from other tokens to AXL than swap from AXL.

Below, we illustrate more about the previous graphs by also showing particular tokens that users swap from/to AXL. We provide hourly bar charts, donut charts to show statistic over time, and number to show overall value.

We can notice that tokens swapped to AXL are more diverse than tokens swapped from AXL, which 99% is USDC, Osmosis and Cosmos.

And Volume swapped to AXL is about 1.3 times as Volume swapped from AXL, and Tx count swapped to AXL is about 4 times as Tx count swapped from AXL. This shows that at very beginning users tend to collect AXL more.

Swap from AXL to particular tokens

Swap from particular tokens to AXL

LP in pool 812

Liquidity Providing

In this section, we provide hourly and overall volume of AXL and Osmo that are provided in pool 812, and also its number of Tx count.

We can see that Volume of Osmo and AXL provided sored right at the beginning of the graph and then drop dramatically. Hypothetically, at the beginning, it is LP from the admin.

Because right after the beginning, Tx count increased, contradicted to Volume.

Moreover, we provide hourly new users provided AXL and OSMO in pool 821, and also total unique users.

We found that more users are likely to LP in OSMO token than in AXL.

Conclusions

We have provided statistic of Swapping and LPing in new token, AXELA.

Swap, we have provided

• Hourly AXL Volume, Tx count and New traders swapping both from AXL and to AXL

• Total unique users swapping AXL

  \

• Hourly, Total AXL volume and Tx count swapped from AXL to particular tokens

• Total AXL volume and Tx count swapped from AXL to particular tokens

• Hourly, Total AXL volume and Tx count swapped to AXL from particular tokens

• Total AXL volume and Tx count swapped to AXL from particular tokens

LP, we have provided

• Hourly, Total Osmo and AXL volume provided in pool 812
• Hourly Tx count LPing in pool 812
• Hourly new users and Total unique users LPing in pool 812

Some insights

• Users tend to swap To AXL rather than from AXL, it means users are likely to collect AXL

• Varity of tokens are swapped for AXL, while AXL is swapped into few tokens

• Users tend to LP in OSMO rather than in AXL

• Activities got highest around 20:00 (Sep 27) and then getting lower.

What is Axelar?

Axelar delivers secure cross-chain communication for Web3. Secure means Axelar is built on proof-of-stake, the battle-tested approach used by Avalanche, Cosmos, Eth2, etc. Cross-chain communication means you can build a complete experience for your users that lets them interact with any asset, any application, on any chain with one click. read more

Axelar held a Token Sale (AXL) on 9-16 Mar 2022 on CoinList source, and is recently launched on 27 Sep 2022

Let’s see how this token is doing !!