Method

• bots: traders with more than 20 transactions in a minute.
• users: traders with less than 20 transactions in a minute.
• the success rate: (number of successful transactions/total number of transactions)*100
• analysis date: 4/28/2022
• date range: 60 days
• used table: terra.msgs

• regarding the above table, 358k transactions have been executed by bots and 345k have been by regular users.
• 658 bots' transactions was been failed which means about 0.18% of bots' transactions failed.
• the success rate of bots transactions was 99.82%.
• 345k transactions have been executed by regular users and 4.6k of them was been failed.
• the success rate of users' transactions was been 98.67%

Conclusion

By our definition of bots and users, and despite the fact that the difference in their success rate is small, in general, we can say that the success rate of bots' transactions has been more than users.

• above line chart shows the success rate of bots' transactions and users' transactions.
• Generally, the success rate of bots was been more than users.
• On the 3rd March, users' failure rate was about 20%! There is a big difference between bots and users' success rate.(the difference is 19.74% )

In the 2 next charts, you can see the number of success and failure transactions of bots and users.
(group by per day.)

• There are days that the number of failed bot transactions reaches zero.

• the biggest number of failed transactions executed by users was been on 3rd March.

Introduction

A cryptocurrency trading bot is an automated program that executes buy and sell orders with no manual input when specific, pre-defined market conditions are met. In this analysis, we are going to compare the success rate of transactions executed by bots in the past 60 days with users' transactions in the same time period.