Sankey Swap Diagrams for Thorchain swaps

    Produce a Sankey chart of the most common swaps.

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    To do that, first we will extract data from Flispide Crypto about the most common swaps in Thorchain in terms of the number of transactions and total volume.

    Looking at the table above, we will extract the 6 most common swaps: BUSD-RUNE, RUNE-BUSD, RUNE-BNB, BNB-RUNE, RUNE-BTC,B and BTC-RUNE.

    The result taking the frequency of swaps into account is as follows:

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    We can see how RUNE is the mother of the platform, which is connected to the all common swaps. However, in terms of swaps, the BUSD is also used a lot. Then, BNB and BTCB close the top common swaps inside Thorchain ecosystem.

    Finally, taking into account the total volume swapped, the results are similar to the previous. Only some lines are thinner due to the % of the total volume being higher than % of total swaps, but the differences are not significant.

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    Going further, if we take into account the 10 most important swaps instead of 6, we see the same results because there is a lot of difference between RUNE and BUSD swaps than others. We observe how other tokens have been added but the flow is the same due to its low number of transactions compared to RUNE-BUSD and BUSD-RUNE.

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