Alammex in Brief

Alammex is a DEX Aggregator leveraging all major and secure DEX contracts that have been reviewed by the Algorand foundation. The app promises to get you the best quote from the exchanges it uses (Tinyman, Pact, Algofi, Humble and Algodex) and even save you money by distributing your swap volume, reducing any potential slippage. As a fee it only charges 30% of these savings, you get to keep the rest.

On Jun 27 the app was upgraded and it now logs the tx_group_ids of the swaps it facilitates. This enables us to track the volume it directs to the DEXs.

Note You can exchange any asset on Algorand by typing it in the app (not just the 6 listed large ones.)

Take-away perceptions:

• Transactions are unevenly distributed by size, most swaps (80%) are for 1000 USD or less, however the remaining 20% constitutes 75% of the volume. This is reflected in the large difference between the average and median transactions.
• Large transactions are made in ALGO, stablecoins, goMint; smaller transactions are split between the assets
• A select group of users (4-12 daily) are punching above their weight for Alammex: They generate 0.1-0.4% of all daily DEX transactions and up to 3.3% of all volume (on 7/7). On average they captured ~0.78% of all DEX volume the past week.
• 2 users generated over 81% of the total Alammex volume and 1 user generated over 50% !
  • ZJPANYIHXRHXGA3B33CB3VTBFZSEX4DPPLI5NMPYWK2N4MGUTAEMOROPCA : 52.6%
  • UWPTQP34HYROPOJIFGHF3F6NIZRH4HN43H7PHNL3KHRJBN7RE3UY4DB464 : 28.9%
• Alammex so far has niche, slowly expanding user base: 1-4 new users on most days