The aims of current dashboard

The following issuses will be assessed on this dashboard: 

• What were users swapping from and to?

• Were users swapping from ALGO to stables?

• Was the average swap size bigger than normal?

• Is this tied to the price of ALGO? Help us understand what took place and why the volume and number swaps increased!

Method

I use algorand.prices_swap table to answer the above questions

Analysis

Observation

• The count of swap transactions from three days before to two days after spike days on May 11 and 12 are shown in an hourly time frame above. and also in the following chart, the growth of that is depicted.

Discord: 0xHaM☰d#8391

• The average amount of swap volume from ALGo to other assets is shown in the above chart where the period of spike spike in the number of swaps and volume across the DEXs is highlighted.

• The following chart depicts the hourly average price of ALGO vs. the average volume of swap from ALGO.

• These two charts show that in contact to average price, the volume goes on the most before May 14th. On May 14th at the hour of 15.30 am UTC, the volume went on more than 6.8B.

• The top 10 assets swapped from are shown in the above bar chart.

• The following PIE chart shows the count of swaps and percentage shares of.

• The top 10 assets swapped to, are shown in the above bar chart.

• The following PIE chart shows the count of swaps and percentage shares of.

• In the following PIE charts, the top 10 assets that swapped from/to ALGO are shown.

• TinyDoge is the token that has been most swapped to ALGO with more than 98% shares of swaps.

Conclusion

• In contact to average price, the volume goes on the most before May 14th. On May 14th at the hour of 15.30 am UTC, the volume went on more than 6.8B.

• The assets that are most swapped are ALGO with more than 100K and 47.5% shares of swaps, followed by USDC and STBL with 20.3% and 11% of swaps, respectively. Both of them are stablecoin.

• The assets that are most swapped to other assets are ALGO with more than 100K and 45.5% shares of swaps, followed by USDC and STBL with 21.6% and 11.4% of swaps, respectively. Both of them are stablecoin.

• USDC is the stablecoin that has been most swapped from ALGO with more than 70% shares of swaps by about 29M, followed by STBL, which is ALGO's native stablecoin with 15.7% shares of swaps by more than 6.4M volume.

• TinyDoge is the token that has been most swapped to ALGO with more than 98% shares of swaps.