gALGO3 is an asset that is pegged to ALGO. Users can lock their ALGO up on Folks.finance for governance and while their ALGO is locked they receive gALGO3 and you can use it for other defi activities. >> Read more about it here: https://docs.folks.finance/protocol-architecture/algo-liquid-governance
Let’s look what users are swapping their gALGO3 for while their ALGO is locked in governance.
- Show the number of trades to gALGO3 and from gALGO3 by day? Also chart the volume of trades to gALGO3 and from gALGO3 by day? Are there any notable days? If so, what may have caused this?
- What DEXes are users swapping gALGO3 on? Show the breakout of number of gALGO3 swaps(to or from) by day for each dex.
- What are the top 10 most popular to swap from to get gALGO3?
- What are the top 10 most popular to swap to from gALGO3?
The chart below shows the number of daily "swap from" for the gALGO3 currency.
- Maximum number of swap from:
- Apr 13, 2022
- 105 swaps: 81 swaps in tinyman & 24 swaps in pactfi
- Minimum number of swap from:
- Apr 10, 2022
- 3 swaps: just 3 swaps in tinyman
According to the chart below, on some days there was no swap of gALGO3 currency in Pactfi. The largest share of the total number of daily swaps in Pactfi is on April 24th. On this day, 40% of gALGO3 "swaps from" were performed on Pactfi.
The chart below shows the number of daily "swap to" for the gALGO3 currency.
According to the chart below, about 12% of the total number of swaps in which gALGO3 was swapped to other currencies was in Pactfi and 88% in tinyman.
- Maximum number of swap to:
- Apr 13, 2022
- 116 swaps: 100 swaps in tinyman & 16 swaps in pactfi
- Minimum number of swap from:
- Apr 8, 2022
- 1 swaps: just 1 swaps in tinyman
The chart below shows the daily "swap from" volume for the gALGO3 currency.
According to the chart below, other currencies are swapped to gALGO3 on most days in tinyman. Pactfi's largest share of the total number of swaps is on May 3rd. (33%)
According to the chart below, about 11% of the total number of swaps in which other currencies was swapped to gALGO3 was in Pactfi and 89% in tinyman.
The chart below shows the daily "swap to" volume for the gALGO3 currency.
- Maximum volume of swap from:
- Apr 13, 2022
- 144,354 gALGO3 in tinyman & 39,284 gALGO3 in pactfi
- Minimum volume of swap from:
- Apr 8, 2022
- Just 39 gALGO3 in tinyman
Approximately 88% of the trading volume in which gALGO3 was swapped to other currencies was in tinyman and the rest in Pactfi.
With the exception of a small amount of Yieldly, almost all gALGO3s have been swapped for ALGO.
Here too, just ALGO is swapped to gALGO3 in almost all trades.
According to the daily chart below, most of the swaps in which gALGO3 has been swapped to other currencies are done in tinyman. On April 24 alone, approximately 100% of gALGO3 swaps to other currencies were made on Pactfi.
- Maximum volume of swap to:
- Apr 13, 2022
- 117,163 gALGO3 in tinyman & 27,396 gALGO3 in pactfi
- Minimum volume of swap from:
- Apr 8, 2022
- Just 6 gALGO3 in tinyman
According to the chart below, on April 18, Pactfi's share of the total swap volume in which other currencies swapped to gALGO3 was higher than tinyman. On other days, tinyman's share was higher.
Approximately 87% of the trading volume in which other currencies was swapped to gALGO3 was in tinyman and the rest in Pactfi.
The top 10 addresses (in terms of the number of swaps) that have swapped gALGO3 to other currencies are shown in the chart below.
- The top-rank address has swapped gALGO3 26 times for other currencies.
The top 10 addresses (in terms of the number of swaps) that have swapped other currencies to gALGO3 are shown in the chart below.
- The top-rank address has swapped other currencies 26 times for gALGO3.
The top 10 addresses that have swapped the largest amount of gALGO3 to other currencies are shown in the chart below. (In the following, we see that so far, gALGO3 to ALGO has been swaped in all swaps.)
- The top ranking address has swapped about 64,000 gALGO3 with ALGO.
The top-rank 10 addresses in terms of the amount of tokens swapped to gALGO3 are shown in the chart below. The 'swap to' volume of the top-rank address was 118k.