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    Introduction

    What are DEXs?

    A decentralized exchange (DEX) is a peer-to-peer (P2P) marketplace that connects cryptocurrency buyers and sellers. In contrast to centralized exchanges (CEXs), decentralized platforms are non-custodial, meaning a user remains in control of their private keys when transacting on a DEX platform.

    What is Polka dot?

    Polkadot is a blockchain platform and cryptocurrency. It is designed to allow blockchains to exchange messages and perform transactions with each other without a trusted third-party.

    What is Cosmos?

    Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain.

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    What is Osmosis?

    Osmosis is Layer-1, Proof-of-Stake (PoS) blockchain built using the Cosmos SDK. 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.

    Methodology

    In the past two years, the asset known as DOT has experienced a significant rise in value, followed by a significant decline. Despite this, there is still some liquidity and volume flowing through the Osmosis platform for DOT. It is unclear whether this trading activity is due to real user activity or if it is simply the result of arbitrageurs. Additionally, it is not specified how many users are active in Pool 773 on a daily, weekly, or monthly basis. This information would be useful in order to better understand the current state of the DOT market on Osmosis and the level of user activity on the platform.

    Sections

    1. Osmosis LP Events by Event Type
    2. Osmosis LP Volume by Event Type
    3. Osmosis Pool look up LP activity
    4. Osmosis Pool look up LP activity by event type
    5. Osmosis swap activity
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    Description

    • The graphs on the top show the daily number of user depositing and withdrawing liquidity from the DOT/OSMO pool
    • The graphs on the right show the pool daily size USD and the pool token daily price
    • The graphs on the left show the deposit, withdraw, and net deposit volumes of the pool over time

    Dot/OSMO Pool LP Activity

    Conclusion

    In conclusion, the trading activity of DOT on Osmosis remains unclear. While there has been some liquidity and volume flowing through the platform, it is not specified whether this is due to real user activity or arbitrageurs. Additionally, the number of active users in Pool 773 is not provided, making it difficult to accurately assess the current state of the DOT market on Osmosis. Additional data and information would be necessary in order to gain a more complete understanding of the situation.

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    Analysis

    Based on the information provided, it appears that the swap volume on the DOT/OSMO pool has been relatively low in the past 2 weeks, compared to the average volume in the pool. Additionally, there was a significant spike in volume on the OSMO/DOT pool in October of this year. In the past 2 weeks, there have been around 50 OSMO/DOT swappers per day. One potential explanation for the low swap volume in the past 2 weeks could be a decrease in the popularity or usage of the OSMO/DOT pool. This could be due to a variety of factors, such as a decline in the value of one or both of these assets, or a shift in user preferences towards other pools or trading platforms.The spike in volume in October may have been caused by a temporary increase in demand for the OSMO/DOT pair, potentially due to a temporary price increase or a promotion or event related to these assets.The relatively consistent number of swappers per day in the past 2 weeks suggests that there is still a dedicated group of users utilizing the OSMO/DOT pool, despite the overall decrease in volume. This could indicate that these users are relatively loyal to the pool, or that there are specific features or advantages that keep them using this platform.Overall, it is difficult to draw concrete conclusions based on the limited information provided. It would be helpful to have access to additional data, such as the overall volume of the OSMO/DOT pool over time, or the performance of these assets in the broader market. This could provide a more complete picture and allow for more accurate analysis.