Hot Contracts on Osmosis

    A lot of new contracts are being deployed on Osmosis lately. Since the beginning of May, What are the top ten most popular contracts on Osmosis? What is the cumulative total of contracts launched on Osmosis, and have there been any spikes since the Terra crash or other noteworthy events?

    Overview

    This dashboard aimed to find the top contracts in terms of popularity on Osmosis since May 2022. After that, we computed the number of pools launched on Osmosis cumulatively and examined the terra crash effects on Osmosis pools.

    Methodology

    For this dashboard, we use osmosis.core.fact_swaps table for calculating the number of transactions and the Pool_IDS. Also, for labeling, we used osmosis.core.dim_labels table.

    The top ten most popular contracts on Osmosis Since May 2022

    The two bar charts below show the number of swaps from/to tokens since May 2022. Accordingly, the most popular contract in terms of transactions was Osmosis at first and Cosmos the second. Also, Evmos ranked third for swap from tokens and USDC for swap to tokens. The point is after the crash of Terra, both the USTC and LUNAC were on the top swaps list on Osmosis. Another thing that matters is the dominance of USDC among stablecoins (such as USDT and DAI). If we compare the similar components in the swap from chart (the left one) with the swap to chart (the right one), we see users liked to swap Osmosis to other assets (most notably Cosmos and USDC) rather than swapping other tokens to Osmo.

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    The cumulative total of contracts launched on Osmosis since May 2022

    The line chart below shows the number of contracts launched on Osmosis cumulatively since May 2022. In this interval, the number of pools started from 161 in May and ended with 485 pools on July 12th, so 324 pools have been added to Osmosis since May. According to the chart, the most number of pools were added in May and with the crash of Terra (May 7th to 12th). In June and July, the trend of adding pools was ascending, but there was no impressive spike.

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    The number of Unique pools that users have used daily since May 2022

    The bar chart below shows the number of pools users have used daily since May 2022. In this period, users have used 186 pools on average. On June 13th, with using of 275 pools, most pools were used, and from June 9th to 11th, no pools were used at all. The point is that although the number of added pools increased in this period, the pools that users used did not change considerably.

    Conclusion

    1. Osmosis and Cosmos were the most popular contracts in terms of transactions since May.
    2. USTC and LUNAC were on the top of the swaps list on Osmosis, even after the crash of Terra.
    3. USDC was the dominant stablecoins.
    4. During this interval, users liked to swap Osmosis for other assets rather than swapping other tokens to Osmo.
    5. The most number of pools were added in May and with the crash of Terra (May 7th to 12th).
    6. Although the number of pools increased in this period, the pools that users used did not change considerably.