As the world of decentralized finance continues to grow, the role of centralized exchanges (CEX) in the ecosystem cannot be overlooked. One such project at the forefront of this trend is NEAR protocol, a smart contract platform that seeks to enable developers to build decentralized applications (dApps) with ease.
In this analysis, we will be taking a closer look at the inflows and outflows of assets between NEAR and various centralized exchanges. 📈 Using the labels table, we'll create a dashboard that illustrates key metrics such as the number of users and volume by CEX, helping us to understand the trends and patterns of asset movements.
Moreover, we'll be exploring which CEXes are bringing in the most active users to the NEAR ecosystem. 💡 This data will be invaluable in identifying the best platforms to partner with and grow the user base of NEAR.
Last but not least, we'll be delving into which dApps in the ecosystem are being used by users who onboarded funds from CEXes. 🚀 This will give us insights into the kinds of applications that are gaining traction and popularity among users who are coming from centralized exchanges.
Join us as we unpack the intricacies of these asset flows and explore the fascinating world of NEAR protocol! 💫