Introduction

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. Contributing tokens to these pools helps foster decentralized liquidity, which is then used to facilitate trades on the exchange. Participating as a liquidity provider (LP) can earn you both trading fees and newly minted LP tokens as incentives for participation.

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.

Objective

The objective of this dashboard is to analyse the activity of Daily Active User look like on Osmosis. We First plot out how many DAUs there are on Osmosis wherein we consider a DAU would be any wallet transacting on Osmosis a majority of days every week. Once we have the DAUs, we look at what does their activity look like? Do they LP more or swap more? How often do they transfer tokens into Osmosis? Where are these transfers coming from?

THIS analysis is highly influenced and has some codes that are used in dashboards by

1. cristinainto -
2. adriaparcerias -
3. jack2000 -

Analysis

• On the top left graph we see that ==Daily active users perform more transactions than non active users.== The activity was pronounced in the months of Jan to May but has since fallen because of the terra crash and crypto winter, however There was ==a spike in the second and third week of July 2022.==
• The number of active users exceeds that of non active users. Both o f them peaked during April of 2022, coinciding with the bull run and has since reduced and has lately stabilised.
• The rate of DAU or daily active users to non active active users peaked during April of 2022

• The top left graph shows that there is a significant correlation between swap_actions and liquidity providers. . We can also see that there is a positive and quite stable trend in both cases. When the LP rises the swaps activity rises as well.
• ==The correlation between swap activity and piquidity providing activity is further strengthened by the correlation factor, which is 0.8 and suggest strong positive correlation.==
• We see that liquidity actions have remained stable while swap actions have been volatile. In may of 2022, there was a spike in swap actions amounting to 556k swap actions.

• The staking activity increased exponentially during the bull run of 2022. However, ==unlike other parameters, staking has remained stable even after the bull run indicating a strong confidence by the community.==

• Around 85% of the daily active users are involved in swaps while only 15% are actively involved in Liquiidity pools
• ==Even though only 15% are liquiidty providers, they make up about 35% of the transactions indicating that they are highly invested in the project.==

destination

What tokens are DAUs going to after osmosis ?

• It’s a split verdict !!.
• While 40% of them go to ATOM, 30% of them go to JUNO and 15% to stars.
• ==The share of JUNO has been reducing lately and it had reached a peak in the months of March 2022.==

What tokens are DAUs going from osmosis ?

• It’s a split verdict !!.
• While 30% of them come from uATOM, 25% of them come from aevmos and 20% to ujuno.
• The share of uhuahua has been reducing lately and it had reached a peak in the months of March 2022.
• ==The share of aevmos has been increasing dramatically laterly==

Conclusion

• Daily active users perform more transactions than non active users.
• a spike in transaction activity in the second and third week of July 2022.
• The correlation between swap activity and piquidity providing activity is further strengthened by the correlation factor, which is 0.8 and suggest strong positive correlation.
• unlike other parameters, staking has remained stable even after the bull run indicating a strong confidence by the community.
• Even though only 15% are liquiidty providers, they make up about 35% of the transactions indicating that they are highly invested in the project.
• The share of JUNO has been reducing lately and it had reached a peak in the months of March 2022.
• The share of aevmos has been increasing dramatically laterly

Reference

THIS analysis is highly influenced and has some codes that are used in dashboards by

1. cristinainto -
2. adriaparcerias -
3. jack2000 -

• Osmosis being a cosmos chain which allows transfers over IBC and allows users across cosmos chain to exchange token and/or become lp in osmosis. It’s surprising to see that around 65% are ibc trnasfer in for daily active users.