Daily Parameters

• The daily number and volume of actions are shown in the top left corner and the graph on the left side of this text box and they are both by join type.
• As you can see we have the peek of action numbers happening on Mar 1st of 2022, on this day we had 8985 single side joins and 15k both side join.
• The highest amount of joins happen during Jan 1st of 2022 till May 1st of 2022 and after that we see a single spike on may 17th but moving forward the total number of joins begin to reduce and reach 2338 single and 1855 both by the end of Nov 27th.
• The volume also is at higher levels during the mentioned time span of highest number of actions but the peek of actions volume has been reached on Oct 3rd of 2021.
• On Mar 1st, the day of highest number of actions, we also had the highest number of users 5490 on single and 9215 on both sides.
• The share of join types by volume and TX count in the bottom tell us that the single actions started to happen after Dec 16th and moving forward from that point until Nov 27th which we had 55% of actions on the single side.

• For each asset we have the number of users and actions broken down by join type and we can see in all three column forms the OSMOS and ATOM tokens are in the first and second place in order.
• For OSMO we have 1.89M of actions for both side and 711k on single side, as the number of users suggest we have 142.12k on both assets and 67.9k on single side and at last volume wise we have 1.05B worth of volume on both assets and 175.5M on single side.
• Same as OSMO, for ATOM we have the both side actions, users and volume on both assets heavily overweight the single side section.
• The share of joins for each assets are shown by volume and TX count for each token and here we see the percentage amounts for OSMO and ATOM tokens.

• The percentage wheels bellow tell us that 63.6% of users were on both assets and the number of actions is also pretty close percentage wise.
• Around almost 63% of the total number of actions were on both side which are 2.411M of the total amount.
• Same things go for the volume of actions and we see that 93.1% of the total volume goes for both sides.
• The average volume of the actions tell us that a decent amount of high volume actions happened on the single side because even though the superiors volume of both assets, the average of single side is relatively higher and that means the number of high volume actions are not too low on the single side.

• lastly updated on Nov 28th we see that in less than $10 volume actions, around 60% of the volume belongs to both assets. In all the graphs we can see the majority of numbers and charts are on the both side sections.
• The user distribution by volume and number of actions are shown in the columns bellow and we see that only in the less than $10 volume actions, almost 60% of the users joined the single side.
• Only in the mentioned column in the line number 2 we can see the single side numbers overcome the both side section.
• Based on the information of the graph on the right we can see even on the more than 10 time column the users who joined both sides are double the amount of those who joined the single side.

• In this section we take a closer look at the swaps that happen on the single side.
• In the first row we have the number of single side swaps on a weekly basis and the total number of swaps last updated on the wheel in the right side.
• In the second and 3rd row in order we have the swapper and swap volume information again on weekly basis and total amount of the percentage wheels on the right.
• Here I will only mention OSMO asset because its the most used asset among all the other ones and as we can see by the end of Nov 28th 58.2% of the number of swaps happen on OSMO side, around 51.6% of swappers also worked with OSMO and the volume of OSMO swaps are 54.5% of the total amount of the swaps.
• In the cumulative number and volume of single side swaps we have around 1M swaps on Nov 28th which are worth around 275M of volume.(USD based volume)

• Now we take a look at the number, volume and swapper amount of both assets swaps and the information’s bellow are listed in the same way as the last section.
• First and foremost we have the number of swaps per asset and we see OSMO in the first place again with 49.9% of the total number of swaps.
• In the second row we have OSMO with the highest number of swappers per token and 41.4% of the total swappers belong to OSMO.
• The $USD volume of OSMO, which needless to say its in the first spot again, concludes 49.6% of the total amount of volume which is almost equal to 1B $USD.
• The cumulative number of swaps say that by Nov 28th we have 3.15M number of swaps which have around 1.8B worth of $USD volume.

Both Assets Swaps

Singleside Swaps

What is Osmosis ?

Osmosis is Layer-1, Proof-of-Stake (PoS) blockchain built using the Cosmos SDK that has optimized its design to be a sandbox for automated market makers (AMMs). The chain enables developers to design and deploy customized AMMs by using its various modules and leveraging Osmosis' on-chain governance system. Osmosis' native token, OSMO, grants holders the right to vote on proposed network changes and earn rewards for helping secure the network. Its first application, also called Osmosis, is an AMM that features ATOM and OSMO as its initial base trading pairs.

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).

General info

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Conclusion

• In this article we have the type of pool joins for OSMOSIS and the number of users who decide how to join by the type.
• There are two ways to join the OSMOSIS pools first we have head dive first which is AKA both assets add joinpool. And there is another way called wade in carefully AKA single side joins.
• First we have the daily number of users and their join type actions in the first section of the article, as you can see until Dec 16th almost every action type was both sided but after that a huge number of actions became single side type and by the end of the normalized form graphs on Nov 28th over 55% of the actions became single sided.
• The most number of actions from both types happen on the two assets called OSMO and ATOM which are in the first and second place in order.
• Since this article is focused on the OSMOSIS market I will point out the OSMO token in the conclusion and as you can see in the second sections 72.6% of osmo actions are both sided with the 85.7% of the total action volume on this token specific.
• But in the total number of swaps till Nov 28th, in the single swap section we can see OSMO in the first spot with owning 58.2% of the total swaps and 54.5% of the total volume.
• Also in the both assets swaps we have again OSMO in the first spot with 49.9% of the total swaps and 49.6% of the total volume.

Appendix

• Author: Hojjat
• Discord: hojjat7878#8809
• Twitter: @hojjat8d
• Email: hojjat78delshad@gmail.com

THANK YOU FOR READING!

History

The introduction of automated market makers (AMMs) ushered in a new era of crypto-economic utility and bonding curve applications. AMMs have become an essential element of DeFi infrastructure, and every new ecosystem must have an exchange with liquidity pools to support basic tokens swaps and the creation of supplementary financial products.

Osmosis is an AMM protocol created using the Cosmos SDK. The project was announced in October 2020 and launched on Jun. 19th, 2021. Its core developers include Sunny Aggarwal, Josh Lee, and Dev Ojha. Osmosis' vision is that rather than aiming for a one-size-fits-all strategy for AMMs and their liquidity pools, it could provide a sandbox for AMM development. The protocol enables developers to iterate on new, customized AMM designs by using the existing liquidity pools and modules already running on the network. It also features an on-chain governance system that allows each AMM pool's stakeholders (i.e. liquidity providers) to control and direct their pools.

Osmosis was the first Cosmos-based chain to popularize IBC transfers. IBC transfers had been available for several months before but there was little actual demand from the connected chains; therefore, the volume of IBC transfers was extremely low. Being the first AMM on Cosmos, Osmosis offered the ability to trade and earn rewards through liquidity provision. The volume of IBC transfers can be found here.

Method

The information of this dashboard is from 2021, when the Osmosis project was launched, until today.

The following tables were used to create this dashboard:

1. osmosis.core.dim_prices
2. osmosis.core.dim_labels
3. osmosis.core.fact_liquidity_provider_actions

In this dashboard, most transactions are divided into SingleSide and BothAssets categories.

Sections of this dashboard

1-Daily Parameters 2-General info

3-Singleside Swaps 4-Both Assets Swaps