Daily Active User [Osmosis]
What does a Daily Active User look like on Osmosis? First, plot out how many DAUs there are on Osmosis. For this exercise, consider a DAU would be any wallet transacting on Osmosis a majority of days every week. Once you have the DAUs, what does their activity look like? Do they LP more or swap more? How often do they transfer tokens into Osmosis? Where are these transfers coming from?
This chart shows the daily variation of the transactions and users since Jul 2021:
- Daily variation of the number of transactions shows a rather increasing trend from Jul 2021 until the present time.
- The maximum number of transactions has been recorded between Jan to Jun 2022.
- Daily variation of the number of users shows a rather increasing trend from Jul 2021 until the present time.
- The maximum number of users has been recorded between Mar to Jun 2022.
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:
==Summary==
- The aim of this review is to investigate the daily behavior of the active users such as the number of users, number of transactions, type of their activity, and different tokens transferred on Osmosis.
- Daily variation of the number of transactions shows a rather increasing trend from Jul 2021 until the present time.
- The maximum number of transactions has been recorded between Jan to Jun 2022.
- Daily variation of the number of users shows a rather increasing trend from Jul 2021 until the present time.
- The maximum number of users has been recorded between Mar to Jun 2022.
- Daily variation of the number of new users shows a rather increasing trend from Jul 2021 until the present time.
- The maximum number of new users has been recorded between Dec 2021 to Jun 2022.
- The total number of new users has been recorded to be about 571K since Jul 2021.
- The top 4 most popular activities according to the daily number of users are
swaps
,staking
rewards,IBC transfer
, andgovernance vote
. - The total number of users of the top 4 most popular activities are as follows:
swaps
: 4.7M (22.2%)staking rewards
: 3.8M (18%)IBC transfer
: 2.9M (13.6%)governance vote
: 2.5M (11.7%)
- The top 4 most popular activities according to the daily number of users are
swaps
,staking rewards
,IBC transfer
, andgovernance vote
. - The total number of users of the top 4 most popular activities are as follows:
swaps
: 15.9M (25.9%)IBC transfer
: 9.5M (15.5%)governance vote
: 4.7M (7.6%)staking rewards
: 4.6M (7.5%)
- The top 3 most popular tokens according to the monthly variation of the number of IBC transactions inflow are
cosmos
,evmos, and
juno
. Between Jan to May 2022,umee
,chihuahua
, andstargaze
have attracted a lot of attention. - The total number of IBC transactions inflow of the top 3 most popular tokens are as follows:
cosmos
: 1.1M (24.3%)evmos
: 592K (13.6%)juno
: 472K (10.8%)
- The top 3 most popular tokens according to the monthly variation of the number of IBC transactions outflow are
cosmos
,evmos, and
stargaze
. Between Jan to May 2022,juno
,secret network
, andterraclassicUSD
have attracted a lot of attention.osmosis
was also important during May and Jun 2022. - The total number of IBC transactions outflow of the top 3 most popular tokens are as follows:
cosmos
: 1.4M (26%)juno
: 841K (15.8%)stargaze
: 351K (6.6%)
- The top 5 most popular assets transferred by the most popular senders (according to the number of transactions) are as follows:
BOOT
: 109K (25.7%)ATOM
: 102K (23.9%)OSMO
: 38K (8.82%)JUNO
: 35K (8.3%)LUNC
: 22K (5.22%)
- The top 5 most popular assets transferred by the most popular senders (according to the volume of the token transferred) are as follows:
LUNK
: 1.3B (24.2%)DVPN
: 1.1B (22%)USTC
: 965M (19%)IRIS
: 509M (10%)HUAHUA
: 478M (9.4%)
- The top 5 most popular senders who transferred the most popular assets (according to the number of transactions) are as follows:
osmo1rl7…umxu
: 89K (20.8%)osmo15vd…a7zy
: 27K (6.3%)osmo1zya…alf9
: 21K (4.9%)osmo1yz5…kfzs
: 18K (4.3%)osmo13ue…rg78
: 14K (3.2%)
- The top 5 most popular senders who transferred the most popular assets (according to the volume of the token transferred) are as follows:
osmo1tqc…6c72
: 1.1B (21%)osmo1axc…7c7f
: 819M (16.1%)osmo1hwu…fk9g
: 553M (10.9%)osmo13ue…rg78
: 500M (9.9%)osmo1yz5…kfzs
: 485M (9.6%)
- The top 5 most popular assets transferred by the most popular receivers (according to the number of transactions) are as follows:
BOOT
: 100K (26.7%)ATOM
: 72K (19.2%)OSMO
: 66K (17.5%)uluna
: 17K (4.6%)uusd
: 16.7K (4.4%)
- The top 5 most popular assets transferred by the most popular receivers (according to the volume of the token transferred) are as follows:
uluna
: 1.3B (36.9%)udvpn
: 806M (23%)uiris
: 486M (13.8%)uhuahua
: 484M (13.7%)basecro
: 226M (6.4%)
- The top 5 most popular receivers who transferred the most popular assets (according to the number of transactions) are as follows:
osmo1rl7…umxu
: 100K (26.6%)osmo1yz5…kfzs
: 18K (4.8%)osmo1la6…4mja
: 11.4K (3%)osmo13ue…rg78
: 11.2K (2.9%)osmo1zgq…a8e6
: 10K (2.7%)
- The top 5 most popular receivers who transferred the most popular assets (according to the volume of the token transferred) are as follows:
osmo13ue…rg78
: 1.1B (31%)osmo1yz5…kfzs
: 468M (13.3%)osmo1tqc…6c72
: 412M (11.7%)osmo13y4…n2c9
: 402M (11.4%)osmo1hwu…fk9g
: 485M (9.6%)
These charts show the daily variation and the total number of IBC transactions outflow according to different tokens:
- The top 3 most popular tokens according to the monthly variation of the number of IBC transactions outflow are
cosmos
,evmos, and
stargaze
. Between Jan to May 2022,juno
,secret network
, andterraclassicUSD
have attracted a lot of attention.osmosis
was also important during May and Jun 2022. - The total number of IBC transactions outflow of the top 3 most popular tokens are as follows:
cosmos
: 1.4M (26%)juno
: 841K (15.8%)stargaze
: 351K (6.6%)
These charts show the daily variation and the total number of IBC transactions inflow according to different tokens:
- The top 3 most popular tokens according to the monthly variation of the number of IBC transactions inflow are
cosmos
,evmos, and
juno
. Between Jan to May 2022,umee
,chihuahua
, andstargaze
have attracted a lot of attention. - The total number of IBC transactions inflow of the top 3 most popular tokens are as follows:
cosmos
: 1.1M (24.3%)evmos
: 592K (13.6%)juno
: 472K (10.8%)
These charts show the daily variation and the total number of transactions according to different activities:
- The top 4 most popular activities according to the daily number of users are
swaps
,staking rewards
,IBC transfer
, andgovernance vote
. - The total number of users of the top 4 most popular activities are as follows:
swaps
: 15.9M (25.9%)IBC transfer
: 9.5M (15.5%)governance vote
: 4.7M (7.6%)staking rewards
: 4.6M (7.5%)
These charts show the daily variation and total number of users according to different activities:
-
The top 4 most popular activities according to the daily number of users are
swaps
,staking
rewards,IBC transfer
, andgovernance vote
. -
The total number of users of the top 4 most popular activities are as follows:
swaps
: 4.7M (22.2%)staking rewards
: 3.8M (18%)IBC transfer
: 2.9M (13.6%)governance vote
: 2.5M (11.7%)
These charts show the daily variation and total number of the new users since Jul 2021:
- Daily variation of the number of new users shows a rather increasing trend from Jul 2021 until the present time.
- The maximum number of new users has been recorded between Dec 2021 to Jun 2022.
- The total number of new users has been recorded to be about 571K since Jul 2021.
1. Introduction
Osmosis is a decentralized exchange (DEX) and automated market maker (AMM) protocol for the Cosmos ecosystem. To understand the specifics of Osmosis, it’s helpful for you to know the context of the Cosmos ecosystem upon which and for which it is built. Cosmos is an overarching ecosystem of blockchain networks that can connect with one another as part of Cosmos’ mission to build an “internet of blockchains.” Interoperable decentralized applications (dApps) on these various networks communicate with each other and send tokens and data back and forth via Cosmos’ Inter-Blockchain Communication (IBC) Protocol. The Cosmos Hub is the mainchain that serves as the central ledger and primary blockchain protocol to connect with other blockchains in the Cosmos Network. It is a Proof-of-Stake (PoS) blockchain built by the Ignite team and uses ATOM as the native token for voting, staking, and transactions. Cosmos also provides a software development kit (SDK) to enable projects and teams to build on its network. Now that we have a surface-level understanding of the Cosmos and how it operates, we can dive deeper into Osmosis.
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. Contributing tokens to these pools helps foster decentralized liquidity, which is then used to facilitate trades on the exchange. Participating as a liquidity provider (LP) can earn you both trading fees and newly minted LP tokens as incentives for participation. The Osmosis AMM is unique in that it affords users the ability to create their own liquidity pools, or to duplicate existing ones with their own unique parameters. Because Osmosis is built on the Cosmos ecosystem, users are able to natively trade assets from more than 47 different chains within Cosmos. While most AMMs today are fairly efficient at providing liquidity in a decentralized manner, they still operate as service-based products: the platform creates pools that are free to join. In the dynamic landscape of decentralized finance (DeFi), this can arguably compromise the efficiency of the liquidity pools available for use. To help solve these issues, the Osmosis AMM was conceived as a “serviced infrastructure” that provides users the ability to tweak the values of tokens and the supply, therefore lowering the barrier to creating custom-built AMMs. Two primary concepts that drive the Osmosis protocol are sovereignty and heterogeneity. To that end, Osmosis makes use of self-governing liquidity pools. These liquidity pools that exist in Osmosis are not hard-coded and users can use the native Osmosis token (OSMO) to vote on pool parameters and protocols, provide liquidity, and stake. Essentially, it allows holders of the token to decide the make-up of specific liquidity pools, in addition to playing a central role in wider Osmosis protocol governance. []
2. Methodology
The following tables have been used in order to obtain data in this dashboard:
osmosis.core.fact_transactions
osmosis.core.fact_superfluid_staking
osmosis.core.fact_staking
osmosis.core.fact_staking_rewards
osmosis.core.fact_swaps
osmosis.core.fact_liquidity_provider_actions
osmosis.core.fact_governance_votes
osmosis.core.fact_transfers
osmosis.core.dim_prices
osmosis.core.dim_labels
Aim of this dashboard:
The aim of this review is to investigate the daily behavior of the active users such as the number of users, number of transactions, type of their activity, and different tokens transferred on Osmosis.
- The top 5 most popular assets transferred by the most popular senders (according to the number of transactions) are as follows:
BOOT
: 109K (25.7%)ATOM
: 102K (23.9%)OSMO
: 38K (8.82%)JUNO
: 35K (8.3%)LUNC
: 22K (5.22%)
- The top 5 most popular senders who transferred the most popular assets (according to the number of transactions) are as follows:
osmo1rl7…umxu
: 89K (20.8%)osmo15vd…a7zy
: 27K (6.3%)osmo1zya…alf9
: 21K (4.9%)osmo1yz5…kfzs
: 18K (4.3%)osmo13ue…rg78
: 14K (3.2%)
- The top 5 most popular assets transferred by the most popular receivers (according to the number of transactions) are as follows:
BOOT
: 100K (26.7%)ATOM
: 72K (19.2%)OSMO
: 66K (17.5%)uluna
: 17K (4.6%)uusd
: 16.7K (4.4%)
- The top 5 most popular receivers who transferred the most popular assets (according to the number of transactions) are as follows:
osmo1rl7…umxu
: 100K (26.6%)osmo1yz5…kfzs
: 18K (4.8%)osmo1la6…4mja
: 11.4K (3%)osmo13ue…rg78
: 11.2K (2.9%)osmo1zgq…a8e6
: 10K (2.7%)

[]
- The top 5 most popular assets transferred by the most popular senders (according to the volume of the token transferred) are as follows:
LUNK
: 1.3B (24.2%)DVPN
: 1.1B (22%)USTC
: 965M (19%)IRIS
: 509M (10%)HUAHUA
: 478M (9.4%)
- The top 5 most popular senders who transferred the most popular assets (according to the volume of the token transferred) are as follows:
osmo1tqc…6c72
: 1.1B (21%)osmo1axc…7c7f
: 819M (16.1%)osmo1hwu…fk9g
: 553M (10.9%)osmo13ue…rg78
: 500M (9.9%)osmo1yz5…kfzs
: 485M (9.6%)
- The top 5 most popular assets transferred by the most popular receivers (according to the volume of the token transferred) are as follows:
uluna
: 1.3B (36.9%)udvpn
: 806M (23%)uiris
: 486M (13.8%)uhuahua
: 484M (13.7%)basecro
: 226M (6.4%)
- The top 5 most popular receivers who transferred the most popular assets (according to the volume of the token transferred) are as follows:
osmo13ue…rg78
: 1.1B (31%)osmo1yz5…kfzs
: 468M (13.3%)osmo1tqc…6c72
: 412M (11.7%)osmo13y4…n2c9
: 402M (11.4%)osmo1hwu…fk9g
: 485M (9.6%)
These charts show the most popular assets transferred by the most popular senders (according to the number of transactions and the volume of the token transferred):
These charts show the most popular assets transferred by the most popular receivers (according to the number of transactions and the volume of the token transferred):
- These pie charts show the most popular senders who transferred the most popular assets (according to the number of transactions and the volume of the token transferred):
- These pie charts show the most popular receivers who transferred the most popular assets (according to the number of transactions and the volume of the token transferred):