Celsius Swaps

    Q95. Find out about the swapping behaviour of Celsius network on both Sushi and Uniswap. Which tokens did they swap the most. From which one of their wallets did they conduct most of the swaps?

    Method

    I went through the flipside_prod_db.crosschain.address labels table and found all of the Celsius addresses that included website hints. then, I used those addresses to build a chain. The value "celsius network" was the one I chose to assign to the PROJECT NAME variable. After that, I added those addresses to the ethereum.core.ez dex swaps table in the blockchain client.

    Analysis

    The charts depicts the weekly rate of token swapping. According to the total dollar volume There has been research done on sushi.

    Discord:0xHaM☰d#8391

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    The most often traded from token by Celsius wallets is LDO, which accounts for 38 percent of all exchanges performed. WETH comes in at number two with a share of 19 percent of the total market. VSP comes in at number three with 15 percent of the overall market share.

    Coclusion

    After performing an analysis using this dashboard's Celsius Exchanges feature, we determined that June 12, 2021 will be the day with the largest amount of swaps involving sushi. The fifth of November, 2021 was the day that saw the biggest dollar volume of coins being exchanged. When looking at the proportion of replaced ingredients in sushi, the token lido had the greatest proportion, clocking in at 38 percent. And if you believe the findings of the research that was carried out by Uniswap, the day with the highest volume of trades was June 13th, 2021. According to the findings of this investigation, Celcius wallets have liquidated their LDO tokens and have instead invested in Ether and Bitcoin. The vast majority of swaps are generated by wallets utilizing the 5 Celsius algorithm.Sushiswaps is the most popular Dex for Celsius wallets.

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