Conclusion And Key Findings:

**In this analysis of IBC transfers on the SEI chain, several key observations stand out. First and foremost, there is a notable disparity between inflow and outflow transactions, with a considerably higher number of outflow transactions compared to inflow transactions.** **Furthermore, when examining the total number of users involved in IBC transfers, a similar pattern emerges, with more users participating in outflow transactions than inflow transactions. This user behavior reflects a higher level of activity in transferring assets out of the SEI chain.** **Additionally, when assessing the USD volume, there is a clear preference for outflow transactions, indicating that more value in assets is exiting the SEI chain through IBC transfers.** **When looking at individual chains within the SEI network, we can see distinct patterns. Osmos stands out as a hub of user and transaction activity, while Axelar plays a pivotal role in handling significant USD volumes. These observations provide valuable insights into the dynamics of the SEI network.** **Additionally, when considering the role of specific tokens, axlUSDC appears to be a central player, particularly in terms of USD volume, experiencing both substantial inflow and outflow transactions. On the other hand, tokens like Astro demonstrate a net inflow of assets, indicating their popularity among users for receiving assets.** **In conclusion, this analysis paints a comprehensive picture of IBC transfers on the SEI chain. It underscores the significance of different chains, tokens, and user behavior in shaping the movement of assets within the network, with notable variations in transaction volume, user engagement, and USD value among different elements.**

SEI IBC Transfers