Avalanche is a blockchain platform that aims to address the blockchain trilemma of scalability, security and decentralization thanks to its unique Proof of Stake (PoS) mechanism.

Like Ethereum, Avalanche supports smart contracts to run decentralized applications (dApps) on its network. Since Avalanche’s smart contracts are written in the Solidity language also used by Ethereum, it aims to create greater blockchain interoperably by integrating a number of decentralized finance (DeFi) ecosystems, including well-established projects like Aave and Curve.

*AVAX, the native token of the Avalanche platform, is used to power transactions in its ecosystem. AVAX serves as the means to distribute system rewards, participate in governance and facilitate transactions on the network by paying fees.

Data from kraken

Hubble Exchange is a decentralized platform that allows traders to use multiple tokens as collateral to trade perpetual futures contracts. As collateral, it accepts AVAX, USDC, and Hubble Virtual USD (hUSD). BTC, ETH, and Avalanche-native assets will be added in the future. With its multi-collateral, cross-margin design, Hubble Exchange aims toprovide an Avalanche-native experience for trading perpetual futures by leveraging Avalanche's low fees and highly scalable infrastructure.

Data from crunchbase

Twitter

I chose Hubble Exchange from @CaesarJulius0 for analyzing a general overview of it and users behavior to use it. And I also posted here.

Methodology

I used the avalanche.core.dim_labels table, then specified the label as hubble and joined it to the avalanche.core.fact_transactions table to look at user activities to use it and also find out user behavior as well. And only analyzed it on the Avalanche blockchain.