caesar.avax🔺 Profile picture
May 29 8 tweets 6 min read Twitter logo Read on Twitter
Lately, I have discovered @Increment_HQ, a tool that helps you to analyze data without knowing to code.

So, I give it a try :)

Let's explore #Avalanche DeFi ecosystem with graphics made by @Increment_HQ 🧵 Image
1⃣ Active Addresses on @avax in 2023

It is clear that there is consistent growth that makes us optimistic about the future.

From early 2023 to now daily active addresses increased from around 30K to 90K Image
2⃣ Transactions per day on @avax in 2023

As expected, transactions per day have also increased significantly.

From early 2023 to now daily active addresses increased from around 100K to 600K Image
3⃣ Number of Traders on Avalanche DEXs

Tbh, I believe that this number should be way higher as @traderjoe_xyz is killing the DEX ecosystem with Liquidity Book and soon the launch of Auto-pools Image
However, it is clear that there is a growing trend and the number of traders have increased from around 2K to almost 6K.

With the adoption of DEXs around the ecosystem, Avalanche ecosystem can attract more traders
4⃣ DEX Trades by protocols on @avax

It seems like there are only 3 important actors in the Avalanche DEX space right now, with @traderjoe_xyz having a clear monopoly.

1- @traderjoe_xyz %78
2- @pangolindex %15
3- @SushiSwap % 4.5 Image
5⃣ Trader Distribution of Protocol Userbase

As expected, most of the traders are concentrated in the same protocols, namely, @traderjoe_xyz, @pangolindex, and @SushiSwap

Just wondering how the expansions of @Balancer and @Uniswap will change this graph Image
That's all for today, hope you will like it😍

I am a newbie at data analytics and trying to learn how to capitalize data on crypto

I can share similar content in the future as I am continuing to learn how to utilize @Increment_HQ

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More from @CaesarJulius0

Jun 1
Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮Gaming/GambleFi
🎨NFTs
📚Threads and Reads Image
Read 18 tweets
Jun 1
Hey everyone!

As you may know, @MELD_Defi has expanded into @avax and launched their subnet.

This is going to be a huge boost to the Avalanche DeFi ecosystem.

So, what is @MELD_Defi, and why is it an important development? Let's discuss🧵 Image
🔴What is @MELD_Defi?

#MELD will enable users to borrow up to 15 different fiat currencies (and counting) without having to sell their crypto assets.

This is a different concept most lending protocols are restricted to just #crypto assets.
Thus, @MELD_Defi provides fiat loans from fiat lenders to borrowers who pledge their cryptocurrency as a collateralized debt position.

While the lender earns money from safe investments, the borrower can HODL their cryptocurrency positions and watch them increase.
Read 10 tweets
May 3
Hey guys!

Some guy just told me that @el33th4xor bought this palace wih the money he is receiving from the lawsuit?

Pretty bullish on @avax Image
Just met with @tiffanylai_ and @coopernicus01

Preety sick
@DeltaPrimeDefi teams and @GoGoPool_ are sick!!

Find the most hyped man @BreevieGotRekt
Read 9 tweets
Apr 30
🧵Avalanche Ecosystem - Weekly Recap #34🧵

🌐 A complete summary of everything happened this week in Avalanche ecosystem and projects building on it

#Avalanche Image
If you want to track all the news on @avax, you can join my TG group

t.me/avaxnewscaesar
Read 24 tweets
Mar 16
Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads
Before starting, if you want to track all the news on Avalanche, you can join my TG group

t.me/avaxnewscaesar
🔺Avalabs

In The Labs returns tomorrow

Read 19 tweets
Mar 14
Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs Image
Before starting, if you want to track all the Avalanche ecosystem news, you can join my TG group

t.me/avaxnewscaesar
Read 16 tweets

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