Try Quests to earn cryptoCosmoverse Free Play
Background
Secret Tokens allow you to make any coin or blockchain token privacy-preserving. It’s like giving your tokens an invisibility cloak. Once you turn your ETH, BNB, or COMP into Secret Tokens, details like token balance and sending/receiving wallet addresses are encrypted. This keeps your data hidden on the public ledger and allows you to hold and transfer your crypto in privacy.
This dashboard was created to answer the Cosmoverse Free Play bounty question.
We analyzed the LP and trading activity of the secret case token on Osmosis last week. We also provided volume and user growth metrics in this analysis.
Author
Gmail: ftmkhodabande@gmail.com **Tweeter: @**busygirlcom
Discord: Jinx#6675
> Special thanks to my friend camp#4286
The highest secret price was on 29/10/2021 ($9.47), and the lowest price was $0.30 on 2/11/2020.
The peak of this token was in 2021, and in 2022, it had a declining trend, and its price dropped to $0.9. In the last week, the secret token price has decreased and reached 0.87 from 0.93 .
As you can see from the changes in the swap volume, the highest swap volume was in the middle of January 2022, and after that, until the middle of May, the volume of the secret token swap fluctuated in a certain period, but from May 15 onwards, the volume of swaps has decreased a lot. We have not had significant changes in the last week, and it fluctuated between 54 and 341 dollars.
In the scatter chart, you can see the fluctuations of the secret swap volume in orange color.
Last week, on October 11, the volume of swaps increased compared to the previous days.
The graph of changes in the number of swaps shows that the highest number of swaps in 2022 was in the months of January, March, and mid-April, and after that, the number of swaps decreased. Also, the number of swaps increased on some days in August and the beginning of September, but after that, the number of swaps decreased a lot. Also, in the last week, we saw a decrease in the number of swaps, but on the day of October 11, we increased somewhat compared to the previous days (1064 swaps).
This graph shows that we had the largest number of swappers from the beginning of February to the beginning of April. But after April 10, the number of swappers has decreased and has maintained a steady trend since then. In the last seven days, there have been fluctuations in the number of swappers, and on October 11, the number of swappers increased significantly compared to the previous days.
Swap volume per swapper is approximately $1276.
The line graph shows that the average swap volume per swapper has decreased in the last week, but on October 11, it increased compared to previous days. The highest average value of Swap volume per swapper is on January 17, 2022, with a value of 10.9962.
The scatter chart shows that when the secret price was in the range of 4-6 dollars, we had the most density in the swap. It means that the largest volume of swaps was done when the secret price was between 4 and 6 dollars. Also, the highest number of swaps was in this price range.
You can see the SCRT balance distribution in the donut chart.
14688 wallets have less than 1 secret.(52.5%)
22.6% of wallets have between 1 and 10 secrets.
You can see this distribution in the area chart. And this chart shows all times. In this chart, the dominant color indicates values less than 1secret.
Last week, there were no significant changes in SCRT Balance distribution.
The most asset that has been sold to buy secrets is USTC, followed by Atom. You can see the figures and percentages in the donut chart.
Also, the most asset that was bought after the sale of the secret is USTC, followed by ATOM.
The numbers of the two donut charts are very close to each other. And this shows that as many assets have been sold to buy secrets. In the same way, the secret has been sold to buy other assets.
From the beginning of the graph until May 30, every week, the amount of users entering the pools is more than the users leaving. But in the weeks after May 30, the number of users entering is lower than the number of users leaving, indicating that more users have left the pools. In the last week, the users leaving the pools are almost 2.6 times the users entering the pools.
You can also see in the graph of the region that at first the blue color (input users) was the dominant color of the graph, but gradually the orange color (output users) became dominant in the graph. You can also see the same trend in transactions.
In this chart, you can see the amounts entered and withdrawn from the pools. As you can see, since the end of May, the outgoing amounts have been increasing week by week, and in June, you will see an increase in the outgoing amounts from the pools. Last week, the volume of output was 18 times the volume of input.
Conclusion
The results showed that the price of the SECRET token had a downward trend in the last week. Also, 52.5 percent of wallets have less than one secret. Last week, the volume of swaps decreased, but on October 11, compared to the previous days, we increased the volume of swaps. Also, the number of swaps and the number of swappers have been decreasing, but on October 11, there was an increasing trend. The highest volume of swaps and the number of swaps were done when the secret price was 4-6 dollars. Also, the results showed that USTC and ATOM are the most used assets for buying and selling secrets. The graphs of the LP Action section showed that over time the number of users leaving the pools and the number of outgoing transactions increased, and last week the number of outgoing users was 2.6 times the number of users entering the pools. Also, in the last week, the amount of $ output from the pools is 18 times the amount of input. And finally, there was no significant change in the liquidity of the two pools examined in this dashboard last week. From these cases, it can be concluded that last week the Secret Token had a downward trend, but on October 11, the examined criteria were improving. Also, the results showed that in the past few months, the examined criteria have been decreasing, and the secret has not had good conditions.
In the charts above, you can see the liquidity changes in the SECRET/ATOM and SECRET/OSMO pools. The amount of liquidity in both pools has decreased in the past few months. No significant changes have been observed in the last week. Also, the amount of liquidity in the SECRET/OSMO pool was higher than in the SECRET/ATOM pool.
