Introduction

Defly is Algorand’s first DEFI wallet app redefining decentralized trading. Charts, swaps, stats in one mobile app, with full Algorand composability. We combined the best features of traditional crypto trading and real-time portfolio monitoring with the independence and security of DEFI.

The number of Defly Swaps by day in Tinyman is shown in the chart below.

In the next step, the distribution of Defly in different wallets is obtained. But first, Total Supply and the total number of Defly holders are shown in the following tables.

According to the above chart, it can be seen that the highest number of swaps occurred on the first day, which was equal to 6158 swaps per day. The lowest number of swaps occurred on January 27, which was equal to 1242 swaps. The average number of swaps during this period was approximately equal to 1971 transactions per day. According to the chart below, it can be understood that the reason for the decrease in the number of swaps on January 22 was due to the drop in the price of ALGO in the market.

To explain how Defly is distributed among different wallets, the following categories are considered:

>>A) wallets with a balance between 0 and 50,000 Defly.

>>B) wallets with a balance between 50,000 and 500,000 Defly.

>>C) wallets with a balance between 500,000 and 5,000,000 Defly.

>>D) wallets with a balance between 5,000,000 and 50,000,000 Defly.

>>E) wallets with a balance of more than 50,000,000 Defly.

>>Purple: A

>>Red: B

>>Orange: C

>>Green: D

>>Blue: E

• Percent: Share of each category of total Defly
• Labels: Number of wallets

According to the above diagram, it can be seen that the balance of the two addresses is 77% of the total Defly supply. These addresses are shown in the table below:

The first address with the balance of "699720000" is related to Defly reserve account. The second address with balance "70577260" is related to Tinyman Defly contract address. The following chart shows the distribution of Defly between different wallets without considering the above two addresses:

>>Red: A

>>Green: B

>>Blue: C

>>Orange: D

• Percent: Share of each category of total Defly Regardless of E category
• Labels: Number of wallets

Examining the above chart, we reach the following results:

1. The number of addresses with balance less than 50,000 Defly is equal to 3573 units. These addresses contain only 9.01% of the total Defly.

2. The number of addresses with balance between 50,000 and 500,000 Defly is equal to 384 units. These addresses make up only 23.3% of the total Defly.

3. The number of addresses with balance between 500,000 and 5,000,000 Defly is equal to 64 units. These addresses make up only 41.3% of the total Defly.

4. The number of addresses with balance between 5,000,000 and 50,000,000 Defly is equal to 6 units. These addresses make up only 26.4% of the total Defly.

Finally, the top three swap for Defly on Tinyman is obtained.

The first swap was made by defly's reserve account, which sent 300,000 Algo to Tinyman Defly contract address. On the other hand, 300,000,000 Defly was sent to the same address at the same time. These transactions were made in order to create liquidity in Tinyman.

In the second swap, an address bought about 3,214,837 Defly and paid 50,000 Algo for it.

Finally, in the third swap, 7,000,000 Defly were sold, for which about 67,749 Algo were received.