Swappers

Distribution of Swaps Volume

Swappers’ wallets

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Stats for all DEXs in Selected time period >>>>>

(Can be changed by using Parameters)

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Stats for Selected DEX in Selected time period >>>>>

(Can be changed by using Parameters)

Introduction

What is Algorand?

Algorand is a decentralized network built to solve the Blockchain Trilemma of achieving speed, security, and decentralization simultaneously. Launched in June 2019 by computer scientist and MIT professor Silvio Micali, Algorand is a permissionless, open-source blockchain network upon which anyone can build.

The Algorand blockchain uses the proof-of-stake consensus mechanism. ALGO holders who stake coins are rewarded by becoming governors and are able to cast votes on blockchain and community issues. Algorand governors are rewarded in ALGO, the blockchain's native cryptocurrency.

What is DEX?

A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEXs), decentralized platforms are non-custodial, meaning a user remains in control of their private keys when transacting on a DEX platform.

In this dashboard that is created via the new Algorand database launched recently by Flipsidecrypto, users can overview DEXs on Algorand ecosystem and compare their on-chain data.

DEXs are:

• TinyMan
• WAGMIswap
• Fxdx
• pactfi
• AlgoFi
• HumbleSwap

Top Swaps/Assets

💡 Some Insights

• Report Date: 11/20/2022
• Tinyman DEX is the most popular DEX on Algorand, In the past 30 days, 66.4% of swaps which include 66.9% of swap volume on Algorand, happened on Tinyman.
• Humbleswap has highest average swap volume per transaction in the past 30 days.
• Tinyman has highest number of assets and pools used in the past 30 days.
• 71.4% of all swappers on Algorand only swapped on tinyman. 7.35% only on algofi, 2.73% only on pactfi, 2.07% on tinyman and Algofi.
• 41% of swaps on tinyman are $1-10 swaps. these swaps are only 1.4% of swap volume on tinyman.
• 53% of swap volume on pactfi are belong to $100-500 transactions.
• 61% of wagmiswap swaps are $10-50 swaps that are more than 73% of all swap volume on wagmiswap.

Methodology

• All Swap Transactions were extracted from the new Algorand table: algorand.defi.fact_swap
• Prices were extracted from algorand.defi.ez_price_pool_balances table. The daily average was calculated to calculate the USD value of each swap transaction. if the asset swapped from had a price, it is considered as swap USD value, otherwise, the asset swapping to is considered as swap USD value. It seems that prices in 12,13 and 14th of November are not available.