What is the Question?🚨

Analyze how users join pools on Osmosis.

Do they dive in headfirst (add both assets; joinpool) or do they wade in carefully (singleside; join swap extern amount in). Also analyze how deep the pool is (typical swap size in token and USD for both activities).

Analyzed Topics:

1. Weekly & Overall Pools Stats Divided by LP Type
2. Single Side Swaps
3. Both Assets Swaps
4. Deposited Amount

Introduction🚩

What is OSMOSIS?

Osmosis is a DEX protocol, which means it uses smart contracts to determine the price of digital assets, to produce liquidity via a peer-to-peer (P2P) methodology, and to exact trades between users. This approach to an exchange platform is known as an AMM — a DEX protocol that prices crypto assets in liquidity pools.

More Info

What is OSMO(Token)?

The Osmosis token (OSMO) is used to vote, stake, and provide liquidity throughout its pools. Superfluid staking, a process novel to the Osmosis protocol, allows users to stake assets to secure the network while simultaneously providing assets in a liquidity pool.

More Info

Method⚡

In this dashboard, i analyzed how Osmosis users are joining pools on a weekly basis and what type of pools do they prefer the most.

I mainly used ==“osmosis.core.fact_swaps”== and ==“osmosis.core.fact_liquidity_provider_actions”== from ==Osmosis.core== database provided by Flipsidecrypto.

Also i only considered successful transactions with tx_status = 'SUCCEEDED'

Findings👀

• As we see weekly Osmosis pools stats in this section, pools actions started to increase slightly after late December 2021 and peaked on Feb 28th ~ March 7th with over 160K actions that recorded by over 44K users and most of them were dual-sided LPs.
• As we see in pie charts, dual-sided LPs have bigger stats than single-sided LPs and they have so much more LP volume than their competitor.
• Over 65% of users decided to use dual-sided LPs over time.
• in past 11 months since the beginning of 2022, Osmosis pools didnt experience any serious moves on LP volume or average LP volume.
• Pools actions and users has decreased lately because of the market’s condition and its bearish stuff. Users are actually getting tired and exhausted about bearish market.

2. Single Side Swaps

3. Both Assets Swaps

Findings👀

• The beginning of 2022 had the highest amount of single side swaps and most of them were OSMO and ATOM.
• The pie chart is telling us that OSMO is the most popular token in single side swaps with accounting almost 55% of all tokens and 175M usd volume followed by ATOM with 30% of all and 96M usd volume.
• OSMO, the Osmosis native token is the most popular token in single sided swaps .

Findings👀

• Same as the precious section, Osmosis had the highest amount of both assets swap volume at the beginning of 2022 and most of them were ATOM and OSMO.
• OSMO with over 1B usd volume of swaps and over 50% of all swapped tokens is the most popular token to swap between Osmosis users followed by ATOM in the second place with 629M usd volume and 31% of all.

1. Weekly & Overall Pools Stats Divided by LP Type

4. Deposited Amount

Findings👀

• February 2022 recorded the most amount of deposits of all time and most of them were less than 100$.
• In overall, over 73% of deposits were under 100$ followed by 100-1000$ deposits in the second place with accounting 19% of all deposits.
• Users mostly deposited to dual-sided or both assets LPs, over 80% of these deposits were between less than 100$ and 1000$, in the other hand it is the same for single-sided LPs too, most of its deposits were under 100$.
• In a general view, over 2.1M deposits has been recorded on dual-sided LPs and under 1.5M deposits has been recorded on single-sided LPs over time since October 2021.

Conclusion💡

• From what we see in this dashboard, we can conlcude that users use dual-sided LPs more than single-sided ones.
• Most of the pools hype were on early 2022 and after that it dropped badly.
• OSMO and ATOM are the most popular tokens to swap on both single-side and dual-side LPs on Osmosis.
• Dual-sided LPs has recorded more deposits than single-sided LPs over time and most of them were less than 100 dollars.
• In a general view, over 2.1M deposits has been recorded on dual-sided LPs and under 1.5M deposits has been recorded on single-sided LPs over time since October 2021.

Author: Sbhn_NP

Discord : Sbhn_NP#8717

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Thanks for your time!