Avalanche Swaps vs Transfers (Redux)
Methodology
In this dashboard I will investigate the following aspects of the Avalanche network:
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The average volume of USDC transfers, swaps, mints and burns conducted on daily, weekly and monthly basis.
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The count of USDC transferrers, swappers, minters and burners conducted on daily, weekly and monthly basis.
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The volume of USDC transfers, swaps, mints and burns conducted on daily, weekly and monthly basis.
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Top 10 protocols based on most transferrers, swappers, minters and burners.
Average volume is investigated in this part, which includes:
- USDC average amount: average amount of all parameters which are swap / transfer / mint / burn
- Daily USDC average amount: daily average amount of all parameters which are swap / transfer / mint / burn
- Weekly USDC average amount: weekly average amount of all parameters which are swap / transfer / mint / burn
- Monthly USDC average amount: monthly average amount of all parameters which are swap / transfer / mint / burn
Unique addresses is investigated in this part, which includes:
- USDC unique addresses: unique address number of all parameters which are swap / transfer / mint / burn
- Daily USDC unique addresses: daily unique address number of all parameters which are swap / transfer / mint / burn
- Weekly USDC unique addresses: weekly unique address number of all parameters which are swap / transfer / mint / burn
- Monthly USDC unique addresses: monthly unique address number of all parameters which are swap / transfer / mint / burn
Volume is investigated in this part, which includes:
- USDC amount: amount of all parameters which are swap / transfer / mint / burn
- Daily USDC amount: daily amount of all parameters which are swap / transfer / mint / burn
- Weekly USDC amount: weekly amount of all parameters which are swap / transfer / mint / burn
- Monthly USDC amount: monthly amount of all parameters which are swap / transfer / mint / burn
Top 10 protocols on Avalanche is investigated in this part based on their number of swappers / transferrers / minters / burners and total top 10
- Pie chart shows us that ==burn== has most average amount among other parameters with 104,9K USDC(61.4%)
- Line chart shows us that daily average amount has decreasing trend and it is dominated by burn average amount which peeked highest on Jul 22 with 703K USDC
- Area chart shows us that weekly average amount has decreasing trend and it is dominated by burn average amount which peeked highest on last week of July with 211K USDC
- Bar chart shows us that monthly average amount has decreasing trend and it is dominated by burn average amount which peeked highest on July with 164K USDC
- Pie chart shows us that ==transfer== has most unique address number among other parameters with 133K wallets(55.8%)
- Line chart shows us that daily unique address number has fluctuated trend and it is dominated by transfer unique address number which peeked highest on Nov 27 with 7,243 wallets.
- Area chart shows us that weekly unique address number has fluctuated trend and it is dominated by transfer unique address number which peeked highest on last week of November with 18K wallets.
- Bar chart shows us that monthly unique address number has fluctuated trend and it is dominated by transfer unique address number which peeked highest on last week of November with 48K wallets.
- Pie chart shows us that ==transfer== has most amount among other parameters with 56.5%.
- Line chart shows us that daily amount has decreasing trend and it is dominated by transfer average amount which peeked highest on Jul 28 with 1B USDC
- Area chart shows us that weekly amount has decreasing trend and it is dominated by transfer average amount which peeked highest on last week of July with 3B USDC
- Bar chart shows us that monthly amount has decreasing trend and it is dominated by transfer average amount which peeked highest on July with 9.7B USDC
Charts above indicating percentages and quantity of top 10 protocols on Avalanche with most number of unique swappers in which trader joe with more than 43K(80.6%) swappers has most number of unique swappers.
Charts above indicating percentages and quantity of top 10 protocols on Avalanche with most number of unique transferrers in which trader joe with more than 100K(72.8%) transferrers has most number of unique transferrers.
Charts above indicating percentages and quantity of top 10 protocols on Avalanche with most number of unique minters in which trader joe with more than 19K(47.4%) minters has most number of unique minters.
Charts above indicating percentages and quantity of top 10 protocols on Avalanche with most number of unique burners in which aave with more than 2,200(72.8%) burners has most number of unique burners.
Charts above indicating percentages and quantity of top 10 protocols on Avalanche without based on any parameter in which trader joe with more than 100K(72.8%) users has most number of unique users.
Conclusions
- volume of USDC swaps vs transfer
- the average amount of USDC transferred is 14K USDC and the average amount of USDC swapped is 3.8K USDC.
- number of unique swapper addresses by day for USDC is mostly around 1000-1500 swappers and it is always lower than transfer addresses by day for USDC which is mostly around 2500-3500 transferrers.
- mints and burns of pairs involving
- the volume of USDC mints and burns is very close and both has around 1*10^10 USDC .
- unique wallets that are minting are mostly above 500 minters each days and some times goes up to 4K minters and unique wallets that are burning USDC are mostly around 150-200 burners and burner wallets has been always dominated by minter wallets.
- the average mint for USDC is 48K USDC and average burn for USDC is 104K, and average amount of burns each day is around 50K-200K USDC which is dominant over average amount of mints each day that is around 20K-100K USDC.
- Top Pprotocols
- Trader joe has majority of swappers, transferrers and minters which is most popular protocol on Avalanche
- Aave and beefy finance are two protocols that are next popular after trader joe.