Overview

We will examine the following thing in this dashboard.

• What per cent of volume and number of swaps go through Alammex compared to all swaps in the swap table and by DEX.

What is Algorand?

Algorand is a scalability-focused blockchain cryptocurrency protocol. Smart contracts are supported by the Algorand platform, and its consensus algorithm is based on proof of stake and a Byzantine agreement protocol. ALGO is the name of Algorand's native cryptocurrency.

On Algorand, smart contracts are referred to as ASC1 (Algorand Smart Contracts). Algorand categorizes contracts into two types: smart contracts and smart signatures. The type of contract written will determine when and how the program's logic is evaluated. Algorand contracts are written in TEAL, an assembly-like language that is interpreted by the Algorand Virtual Machine (AVM) that runs on an Algorand node.

Introduction to Alammex

Alammex is a DEX aggregator for swaps on the Algorand blockchain. Alammex provides the best price for any swap (compared to any DEX).

Swaps for each day

All swaps going through Alammex

Alammex's swap volume varies just as widely, but it is not strongly correlated with the number of swaps.

Number of Swaps by DEX as a Percentage

• DEX pactfi is the highest contributor (77.3%) to the total number of swaps.