Unique Users

    Q7. How many unique wallets are active on Osmosis per day? How has this changed over time? What has been the largest event that has brought the most wallet activity to Osmosis?

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    Methodology

    • The purpose of this study is to determine the daily number of unique Osmosis ecosystem users.

    • We will then get insights from the chart depicting the daily unique user count

    • We finally explore the relationship between the daily number of unique users and the volume of Osmosis transactions.

    As seen in the chart, we can see that the daily and cumulative number of unique users are continuously increasing over time, indicating that Osmosis is gaining in popularity for current users and more users will be in Osmosis as soon.

    Not only is the number of unique users decreasing over time, but also the number of transactions, as shown by the scatterplot above. This result indicates that the number of Osmosis users is growing, and these users appear to utilize the system often.

    Conclusion

    • The increasing daily and cumulative number of unique users over time indicates that Osmosis is gaining popularity among current users and that more users will soon join.
    • The number of Osmosis users is increasing, and these users appear to make frequent use of the system.