Binance Bonanza

On October 28th, 2022 Binance became the first CEX to list spot trading for $OSMO. Abruptly, OSMO price shot up around 32%. How did this news impact trading on Osmosis. Analyze OSMO trading activity on October 28th and this past week vs. daily & weekly averages. This analysis should occur against two time periods: the 60-day averages & the 60-days prior to the May Terra collapse. Did any other tokens see a spike in trading on Osmosis? Further, can you trace OSMO liquidity flowing into Binance in the last few days? Centralized exchange listings of OSMO are permissionless so liquidity on Binance should be funded through purchases on Osmosis.

Summary

In this dashboard, we are going to investigate the effect of Binance became the first CEX to list spot trading for OSMO (October 28th, 2022) on trading on Osmosis in terms of trading activity on October 28th and the past week as well as daily & weekly averages, other token spikes, and OSMO liquidity flowing into Binance in the last few days has been investigated. Two time periods e.g. the 60-day averages and the 60-days prior to the May Terra collapse have been considered for this analysis.
The hourly variation of the swap transactions to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.
The hourly variation of the swap users to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.
The hourly variation of the swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.
The hourly variation of the average swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.
As far as the distribution of the swap transactions on 28 Oct 2022 is concerned, the total number of swap to and from transactions is about 21.6K (53.7%) and 18.6K (46.3%).
As far as the distribution of the swap users on 28 Oct 2022 is concerned, the total number of swaps to and from users is about 9.5K (51.9%) and 8.8K (48.1%).
As far as the distribution of the swap volume (OSMO) on 28 Oct 2022 is concerned, the total swap volume (OSMO) to and from transactions is about 15.01M (64.7%) and 8.25M (35.3%).
As far as the distribution of the swap volume (USD) on 28 Oct 2022 is concerned, the total swap volume (USD) to and from users is about 19.7K (64.7%) and 10.8K (35.3%).
As far as the hourly variation of the swap volume (in OSMO) on Oct 28th versus the MA 60-day is concerned, it can be said that while the MA 60-day shows a rather constant trend, the hourly variation trend is decreasing significantly.
The daily variation of the swap from or to OSMO transactions on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.
As far as the distribution of the swap from or to OSMO transactions in the last week of the Oct is concerned the following metrics can be seen:
- Other day swap from OSMO: 70.5K (39.8%)
- Other day swap to OSMO: 66.4K (37.5%)
- Listing day swap to OSMO: 21.6K (12.2%)
- Listing day swap to OSMO: 18.6K (10.5%)
The daily variation of the swap from or to OSMO users on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.
As far as the distribution of the swap from or to OSMO users in the last week of the Oct is concerned the following metrics can be seen:
- Other day swap from OSMO: 37.45K (43.3%)
- Other day swap to OSMO: 30.8K (35.6%)
- Listing day swap to OSMO: 9.5K (11%)
- Listing day swap to OSMO: 8.8K (10.2%)
The daily variation of the swap from or to volume (OSMO) on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.
The daily variation of the swap from or to volume (USD) on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.
The average daily variation of the swap volume (OSMO) from or to OSMO on the last week of the Oct shows a rather constant trend with some spikes on 27 and 28 Oct.
As far as the distribution of the swap volume (OSMO) from or to OSMO in the last week of the Oct is concerned the following metrics can be seen:
- Listing day swap to OSMO: 15.1M (29.6%)
- Other day swap from OSMO: 14M (27.3%)
- Other day swap to OSMO: 13.8M (27%)
- Listing day swap to OSMO: 8.25M (16.2%)
The average daily variation of the swap volume (USD) from or to OSMO on the last week of the Oct shows a rather constant trend with some spikes on 27 and 28 Oct.
As far as the distribution of the swap volume (USD) from or to OSMO in the last week of the Oct is concerned the following metrics can be seen:
- Other day swap from OSMO: 20.2M (29%)
- Listing day swap to OSMO: 19.7M (28.2%)
- Other day swap to OSMO: 19.14M (27.4%)
- Listing day swap to OSMO: 10.8M (15.4%)
As far as the hourly variation of the swap from volume (in OSMO) on the last week of the Oct versus the MA 60-day is concerned, it can be said that while the MA 60-day shows a rather constant trend, the hourly variation trend is almost bell-like.
As far as the hourly variation of the swap to volume (in OSMO) on the last week of the Oct versus the MA 60-day is concerned, it can be said that while the MA 60-day shows a rather constant trend, the hourly variation trend is almost bell-like.
The daily variation of the swap from or to OSMO transactions since 2 months before the Luna collapse shows a rather decreasing trend with a spike on 12 May.
As far as the distribution of the swap from or to OSMO transactions since 2 months before the Luna collapse is concerned the following metrics can be seen:
- Other day swap from OSMO: 1.68M (29.4%)
- Other day swap to OSMO: 1.48M (25.9%)
- After L Collapse swap from OSMO: 1.43M (25.1%)
- After L Collapse swap to OSMO: 979.5K (17.2%)
- List Week swap to OSMO: 1.29%
- List Week swap from OSMO: 1.22%
The daily variation of the swap from or to OSMO users since 2 months before the Luna collapse shows a rather decreasing trend until Jun. After Jun the trend is rather constant to the present date.
As far as the distribution of the swap from or to OSMO users since 2 months before the Luna collapse is concerned the following metrics can be seen:
- After L Collapse swap from OSMO: 765.6K (34.8%)
- Other day swap from OSMO: 662.3K (30.1%)
- Other day swap to OSMO: 396.3K (18%)
- After L Collapse swap to OSMO: 323.1K (14.7%)
- List Week swap from OSMO: 1.27%
- List Week swap to OSMO: 1.04%
The daily variation of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse shows a rather constant trend with a spike on 11 May.
The average daily variation of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse shows a rather constant trend with two spikes on 11 May and 8 Jun.
As far as the distribution of the swap volume (OSMO) since 2 months before the Luna collapse is concerned the following metrics can be seen:
- Other day swap to OSMO: 216.4M (26.3%)
- Other day swap from OSMO: 215M (26.2%)
- After L Collapse swap from OSMO: 180.3M (22%)
- After L Collapse swap to OSMO: 162.3M (19.8%)
- List Week swap to OSMO: 3.25%
- List Week swap from OSMO: 2.51%
As far as the distribution of the swap volume (USD) since 2 months before the Luna collapse is concerned the following metrics can be seen:
- After L Collapse swap from OSMO: 797.2M (39.4%)
- After L Collapse swap to OSMO: 660.1M (32.6%)
- Other day swap to OSMO: 249.8M (12.3%)
- Other day swap from OSMO: 245.6M (12.1%)
- List Week swap to OSMO: 2.01%
- List Week swap from OSMO: 1.55%
As far as the daily variation of the most popular (top 10) swap pair according to the number of transactions and users in the last week of the Oct is concerned, OSMO to OSMO, EVMOS to ATOM, and OSMO to ATOM have the uppers hand.
As far as the daily variation of the most popular (top 10) swap pair according to the Swap volume (OSMO) in the last week of the Oct is concerned, INJ to OSMO, INJ to ATOM, and INJ to EVMOS have the uppers hand.
As far as the daily variation of the most popular (top 10) swap pair according to the Swap volume (USD) in the last week of the Oct is concerned, OSMO to INJ, ATOM to INJ, and OSMO to ATOM have the uppers hand.
As far as the daily variation of the OSMO inflow liquidity to Binance according to the number of transactions in the last week of the Oct is concerned, a rather decreasing trend with a spike on 28 Oct can be seen.
As far as the daily variation of the OSMO outflow liquidity to Binance according to the number of transactions in the last week of the Oct is concerned, a rather decreasing trend can be seen.
As far as the daily variation of the OSMO inflow liquidity to Binance according to the number of users in the last week of the Oct is concerned, a rather decreasing trend with a spike on 28 Oct can be seen.
As far as the daily variation of the OSMO outflow liquidity to Binance according to the number of users in the last week of the Oct is concerned, a rather constant trend can be seen.
As far as the daily variation of the OSMO inflow liquidity to Binance according to the volume (OSMO) in the last week of the Oct is concerned, a rather decreasing trend with a spike on 28 Oct can be seen.
As far as the daily variation of the OSMO outflow liquidity to Binance according to the volume (OSMO) in the last week of the Oct is concerned, a rather decreasing trend can be seen.
As far as the daily variation of the OSMO inflow liquidity to Binance according to the volume (USD) in the last week of the Oct is concerned, a rather decreasing trend with a spike on 28 Oct can be seen.
As far as the daily variation of the OSMO outflow liquidity to Binance according to the volume (USD) in the last week of the Oct is concerned, a rather decreasing trend can be seen.
As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the number of transactions in the last week of the Oct is concerned, the following metrics have been obtained:
- Inflow to Binance: 7375 (67.8%)
- Outflow to Binance: 2975 (27.3%)
- Inner Binance flow: 528 (4.85%)
As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the number of users in the last week of the Oct is concerned, it can be said that Inflow to Binance constitute the 99.5% (3436) of the total share.
As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the volume (OSMO) in the last week of the Oct is concerned, the following metrics have been obtained:
- Inflow to Binance: 13.5M (39.5%)
- Outflow to Binance: 7.4M (21.8%)
- Inner Binance flow: 13.2M (38.7%)
As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the volume (USD) in the last week of the Oct is concerned, the following metrics have been obtained:
- Inflow to Binance: 21.3M (39.5%)
- Outflow to Binance: 11.67M (21.7%)
- Inner Binance flow: 20.9M (38.8%)

Acknowledgment and supplementary Information

I would like to show my sincere gratitude to the authors of the following dashboards that helped me very much indeed to do my own analysis: *
Author: NSA2000
Twitter of the Author: @NSA2000C
Discord of the Author: NSA2000#5651
Data from FlipsideCrypto
Link of this dashboard’s tweet:

These bar charts show the hourly variation of the swap transactions and users to and from OSMO on 28 Oct 2022.

The hourly variation of the swap transactions to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.
The hourly variation of the swap users to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.

These bar charts show the hourly variation of the swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022.

The hourly variation of the swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.

These bar charts show the hourly variation of the average swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022.

The hourly variation of the average swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022, shows a significantly decreasing trend since 4:00.

These pie charts show the distribution of the swap transactions and users to and from OSMO on 28 Oct 2022.

As far as the distribution of the swap transactions on 28 Oct 2022 is concerned, the total number of swap to and from transactions is about 21.6K (53.7%) and 18.6K (46.3%).
As far as the distribution of the swap users on 28 Oct 2022 is concerned, the total number of swaps to and from users is about 9.5K (51.9%) and 8.8K (48.1%).

These pie charts show the distribution of the swap volume (OSMO and USD) to and from OSMO on 28 Oct 2022.

As far as the distribution of the swap volume (OSMO) on 28 Oct 2022 is concerned, the total swap volume (OSMO) to and from transactions is about 15.01M (64.7%) and 8.25M (35.3%).
As far as the distribution of the swap volume (USD) on 28 Oct 2022 is concerned, the total swap volume (USD) to and from users is about 19.7K (64.7%) and 10.8K (35.3%).

These charts show the daily variation and distribution of the swap from or to OSMO transactions in the last week of the Oct.

The daily variation of the swap from or to OSMO transactions on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.
As far as the distribution of the swap from or to OSMO transactions in the last week of the Oct is concerned the following metrics can be seen:
- Other day swap from OSMO: 70.5K (39.8%)
- Other day swap to OSMO: 66.4K (37.5%)
- Listing day swap to OSMO: 21.6K (12.2%)
- Listing day swap to OSMO: 18.6K (10.5%)

These charts show the daily variation and distribution of the swap from or to OSMO users in the last week of the Oct.

The daily variation of the swap from or to OSMO users on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.
As far as the distribution of the swap from or to OSMO users in the last week of the Oct is concerned the following metrics can be seen:
- Other day swap from OSMO: 37.45K (43.3%)
- Other day swap to OSMO: 30.8K (35.6%)
- Listing day swap to OSMO: 9.5K (11%)
- Listing day swap to OSMO: 8.8K (10.2%)

These charts show the average daily variation and distribution of the swap volume (OSMO) in the last week of the Oct.

The average daily variation of the swap volume (OSMO) from or to OSMO on the last week of the Oct shows a rather constant trend with some spikes on 27 and 28 Oct.
As far as the distribution of the swap volume (OSMO) from or to OSMO in the last week of the Oct is concerned the following metrics can be seen:
- Listing day swap to OSMO: 15.1M (29.6%)
- Other day swap from OSMO: 14M (27.3%)
- Other day swap to OSMO: 13.8M (27%)
- Listing day swap to OSMO: 8.25M (16.2%)

These charts show the average daily variation and distribution of the swap volume (USD) in the last week of the Oct.

The average daily variation of the swap volume (USD) from or to OSMO on the last week of the Oct shows a rather constant trend with some spikes on 27 and 28 Oct.
As far as the distribution of the swap volume (USD) from or to OSMO in the last week of the Oct is concerned the following metrics can be seen:
- Other day swap from OSMO: 20.2M (29%)
- Listing day swap to OSMO: 19.7M (28.2%)
- Other day swap to OSMO: 19.14M (27.4%)
- Listing day swap to OSMO: 10.8M (15.4%)

These bar charts show the hourly variation of the swap from volume (in OSMO) on the last week of the Oct versus the MA 60-day.

As far as the hourly variation of the swap from volume (in OSMO) on the last week of the Oct versus the MA 60-day is concerned, it can be said that while the MA 60-day shows a rather constant trend, the hourly variation trend is almost bell-like.

These bar charts show the hourly variation of the swap to volume (in OSMO) on the last week of the Oct versus the MA 60-day.

As far as the hourly variation of the swap to volume (in OSMO) on the last week of the Oct versus the MA 60-day is concerned, it can be said that while the MA 60-day shows a rather constant trend, the hourly variation trend is almost bell-like.

These charts show the daily variation of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse.

The daily variation of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse shows a rather constant trend with a spike on 11 May.

These charts show the average daily variation of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse.

The average daily variation of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse shows a rather constant trend with two spikes on 11 May and 8 Jun.

These charts show the daily variation and distribution of the swap from or to OSMO transactions since 2 months before the Luna collapse.

The daily variation of the swap from or to OSMO transactions since 2 months before the Luna collapse shows a rather decreasing trend with a spike on 12 May.
As far as the distribution of the swap from or to OSMO transactions since 2 months before the Luna collapse is concerned the following metrics can be seen:
- Other day swap from OSMO: 1.68M (29.4%)
- Other day swap to OSMO: 1.48M (25.9%)
- After L Collapse swap from OSMO: 1.43M (25.1%)
- After L Collapse swap to OSMO: 979.5K (17.2%)
- List Week swap to OSMO: 1.29%
- List Week swap from OSMO: 1.22%

These charts show the daily variation and distribution of the swap from or to OSMO users since 2 months before the Luna collapse.

The daily variation of the swap from or to OSMO users since 2 months before the Luna collapse shows a rather decreasing trend until Jun. After Jun the trend is rather constant to the present date.
As far as the distribution of the swap from or to OSMO users since 2 months before the Luna collapse is concerned the following metrics can be seen:
- After L Collapse swap from OSMO: 765.6K (34.8%)
- Other day swap from OSMO: 662.3K (30.1%)
- Other day swap to OSMO: 396.3K (18%)
- After L Collapse swap to OSMO: 323.1K (14.7%)
- List Week swap from OSMO: 1.27%
- List Week swap to OSMO: 1.04%

These charts show the distribution of the swap volume (OSMO and USD) from or to OSMO since 2 months before the Luna collapse

As far as the distribution of the swap volume (OSMO) since 2 months before the Luna collapse is concerned the following metrics can be seen:
- Other day swap to OSMO: 216.4M (26.3%)
- Other day swap from OSMO: 215M (26.2%)
- After L Collapse swap from OSMO: 180.3M (22%)
- After L Collapse swap to OSMO: 162.3M (19.8%)
- List Week swap to OSMO: 3.25%
- List Week swap from OSMO: 2.51%
As far as the distribution of the swap volume (USD) since 2 months before the Luna collapse is concerned the following metrics can be seen:
- After L Collapse swap from OSMO: 797.2M (39.4%)
- After L Collapse swap to OSMO: 660.1M (32.6%)
- Other day swap to OSMO: 249.8M (12.3%)
- Other day swap from OSMO: 245.6M (12.1%)
- List Week swap to OSMO: 2.01%
- List Week swap from OSMO: 1.55%

Introduction

The Binance Exchange is a leading cryptocurrency exchange founded in 2017 in Hong Kong. It features a strong focus on altcoin trading. Binance offers crypto-to-crypto trading in more than 600 cryptocurrencies and virtual tokens, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own token Binance Coin (BNB). []

Osmosis is an automated market maker (AMM) protocol that allows developers to create bespoke AMMs with sovereign liquidity pools. Osmosis, which was built with the Cosmos SDK, makes use of Inter-Blockchain Communication (IBC) to facilitate cross-chain transactions. In other words, Osmosis is a decentralized exchange designed particularly for Cosmos, with intention to spread to other blockchains in the future. []

Methodology

The data in this dashboard is extracted from the following tables:

osmosis.core.fact_swaps

osmosis.core.dim_prices

osmosis.core.dim_labels

Aim of this dashboard:

In this dashboard, we are going to investigate the effect of Binance became the first CEX to list spot trading for OSMO (October 28th, 2022) on trading on Osmosis in terms of trading activity on October 28th and the past week as well as daily & weekly averages, other token spikes, and OSMO liquidity flowing into Binance in the last few days has been investigated. Two time periods e.g. the 60-day averages and the 60-days prior to the May Terra collapse have considered for this analysis.

These bar charts show the hourly variation of the swap volume (in OSMO) on Oct 28th versus the MA 60-day.

As far as the hourly variation of the swap volume (in OSMO) on Oct 28th versus the MA 60-day is concerned, it can be said that while the MA 60-day shows a rather constant trend, the hourly variation trend is decreasing significantly.

This charts shows the daily variation of the swap from or to volume (OSMO) in the last week of the Oct.

The daily variation of the swap from or to volume (OSMO) on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.

This charts shows the daily variation of the swap from or to volume (USD) in the last week of the Oct.

The daily variation of the swap from or to volume (USD) on the last week of the Oct shows a rather constant trend with a spike on 28 Oct.

These charts show the daily variation of the most popular (top 10) swap pair according to the number of transactions and users in the last week of the Oct.

As far as the daily variation of the most popular (top 10) swap pair according to the number of transactions and users in the last week of the Oct is concerned, OSMO to OSMO, EVMOS to ATOM, and OSMO to ATOM have the uppers hand.

These charts show the daily variation of the most popular (top 10) swap pair according to the Swap volume (OSMO and USD) in the last week of the Oct.

As far as the daily variation of the most popular (top 10) swap pair according to the Swap volume (OSMO) in the last week of the Oct is concerned, INJ to OSMO, INJ to ATOM, and INJ to EVMOS have the uppers hand.
As far as the daily variation of the most popular (top 10) swap pair according to the Swap volume (USD) in the last week of the Oct is concerned, OSMO to INJ, ATOM to INJ, and OSMO to ATOM have the uppers hand.

These charts show the daily variation of the OSMO liquidity flowing in/out to Binance according to the volume (OSMO and USD) in the last week of the Oct.

As far as the daily variation of the OSMO inflow liquidity to Binance according to the volume (OSMO) in the last week of the Oct is concerned, a rather decreasing trend with a spike on 28 Oct can be seen.
As far as the daily variation of the OSMO outflow liquidity to Binance according to the volume (OSMO) in the last week of the Oct is concerned, a rather decreasing trend can be seen.
As far as the daily variation of the OSMO inflow liquidity to Binance according to the volume (USD) in the last week of the Oct is concerned, a rather decreasing trend with a spike on 28 Oct can be seen.
As far as the daily variation of the OSMO outflow liquidity to Binance according to the volume (USD) in the last week of the Oct is concerned, a rather decreasing trend can be seen.

These charts show the distribution of the OSMO liquidity flowing in/out to Binance according to the number of transactions and users in the last week of the Oct.

As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the number of transactions in the last week of the Oct is concerned, the following metrics have been obtained:
- Inflow to Binance: 7375 (67.8%)
- Outflow to Binance: 2975 (27.3%)
- Inner Binance flow: 528 (4.85%)
As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the number of users in the last week of the Oct is concerned, it can be said that Inflow to Binance constitute the 99.5% (3436) of the total share.

These charts show the distribution of the OSMO liquidity flowing in/out to Binance according to the volume (OSMO and USD) in the last week of the Oct.

As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the volume (OSMO) in the last week of the Oct is concerned, the following metrics have been obtained:
- Inflow to Binance: 13.5M (39.5%)
- Outflow to Binance: 7.4M (21.8%)
- Inner Binance flow: 13.2M (38.7%)
As far as the distribution of the OSMO liquidity flowing in/out to Binance according to the volume (USD) in the last week of the Oct is concerned, the following metrics have been obtained:
- Inflow to Binance: 21.3M (39.5%)
- Outflow to Binance: 11.67M (21.7%)
- Inner Binance flow: 20.9M (38.8%)
  
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These charts show the daily variation of the OSMO liquidity flowing in/out to Binance according to the number of transactions and users in the last week of the Oct.