Celsius Swaps
This dashboard here looks takes you deeper into the swapping behavior of the sushiswap and uniswap and analyzes them for different tokens.
Introduction
Blockchain technology is here to stay, and the cryptocurrency market is constantly growing. A bitcoin loan provider is Celsius Network LLC. With its headquarters office in Hoboken, New Jersey, Celsius has operations all around the world. Users may take out loans using their cryptocurrencies as collateral by depositing a variety of digital assets, including BTC and ETH, into a Celsius wallet to receive a yield in percentages. But Celsius uses XAUt, an ERC-20 token backed by gold, instead of real gold. Weekly and coin-to-coin variations are included in the yearly interest rates. However, it appears that they often fall between 3 and 11 percent.
Methodology
This query here initially takes the count of the swaps that are happened with different tokens using the celsius network in both sushiswap and uniswap platforms and aggregates them to see the distribution and then the users who had initiated the swaps were analyzed and then they are charted for the celsius wallets to see the count of swaps that are initiated by the users.
The table here shows the actual swaps that occurred with both uniswap and sushiswap over the whole period of time with the tokens that are involved in swapping.
The most swapped tokens among both sushiswap and uniswap platforms using the celsius network are shown here and it displays that LDO is the most swapped token and next comes WETH ,Also it is noted that sushiswap is the platform that had encouraged most of the swaps .
The swaps over different users in the celsius wallets are listed here along with the tokens that has taken part in the swapping events.
The bar representation of the swapping events displays the token that is swapped the most by the users and it displays that WETH is the most swapped from token.
The bar diagram is just the opposite idea of the above-mentioned one and it displays the tokens that are received as a result of swapping and LDO holds the first.Its ideal to see that the users maybe swapping WETH to get LDO.
The count of the swapping events done by each user in the celsius network is aggregated here and it is seen that the highest swap done by a single user counts 523 in number and the wallet is 0xdb5aa12ad695ef2a28c6cdb69f2bb04bed20a48e.