Liquidity Pools - Wallet Composition
What type of wallets provide liquidity on Osmosis?
Introductionđźš©
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.
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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.
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Method⚡
I extracted the needed data from ==Osmosis.core== schema provided by Flipsidecrypto.
I mainly used ==“osmosis.core.fact_liquidity_provider_actions”== and ==“osmosis.core.fact_swaps”== tables to gather the LP data.
Also i used ==“osmosis.core.dim_prices”== and ==“osmosis.core.dim_labels”== for some additional information and calculate the prices or finiding currencies names.
Conclusionđź’ˇ
- There was a strange drop to activities on almost all of the activities on June 8 2022 this must be due to a exploit found by the Devs which came down to closing the DEX for further investigation
- ATOM/OSMO is the most popular and the biggest pool on Osmosis Network
- Osmosis recorded an all-time high on both LP transactions and users on March 1st 2022 and had the highest number of LP transactions and LPers in that month too
- ==“osmo1s3uhtyzcu2ft4w2dhjtew3gt3lpmc2az2rw5ll”== is the biggest LPer and recorded the largest deposit value with 6.95M
- 62.6% of LPers have less than 100$ balance
- There are a total of 119K liquidity providers deposited an average of 776 deposit size
- During Osmosis’ growth phase between Sep 2021 to March 2022, whale LPs (> $1M) used to own the largest share of liquidity overall across all pools.
- Since the crypto market crash early this year, the ownership of liquidity has become more balanced between the different segments.