COSS Weekly Volume Report: Week 1 (June 4 to June 11)

in cossvolumereport •  6 years ago 

COSS Weekly Volume Report: Week 1 (June 4 to June 11)

Hi all,

Since a while I have been tracking the volume of the COSS exchange, by scraping the volume of all the pairs directly of the COSS website itself. I've been playing with an idea to write a summary report of the trading volumes on the exchange. This is my first try, let's see how it is received ;)

Overview of Volume

Average Total 24h volume ($) for this week was 2.880 M, with a maximum of 4.672 M and a minumum of 1.196 M. Total trading volume over this week was 19.876 M.

Week1totvol_bar.png

Average 24h volume ($) for the ETH-BTC pair was 20,954 $.

Week1ethbtc_bar.png

Average 24h volume ($) for the FIAT pairs was 10,655 $.

Week1fiat_bar.png

24h Volume ($)AvgMaxMin
All Pairs2,880,4284,672,8921,196,288
ETH-BTC20,95465,6232,878
FIAT10,65520,6821,562

Fee Split Allocation

This week's snapshot for the Token-Based Fee Split Allocation was taken at Ethereum block 5769166. The FSA USD value per COSS was 0.000096634311 $.

The total fee split allocated is then 0.000096634311 $ times 98,283,923 (the amount of COSS eligble for FSA), which amounts to 9,497 $. This is also the revenue made by the exchange for this week. Based on these values, we can also estimate the average trading fees for this week: total fees collected/total weekly volume = 18,995 $/ 19,876,052 $ = 0.096 %.

Promos

This week, three promo's ended (CRED, LAN & FXT), resulting in the peak volumes in the first few days of the week. At the moment, there are 4 active promo's (PGT, BWT, XNK & UFR). In the future, I will probably also give an overview of the contribution of promo volume to total volume, and analyze the performance of said promo's. However, not much time today ;)

Trading PromoStatusStartEndPrize Pool
UFR-UPFIRINGActiveMay 30June 29280000 UFR
XNK-INK PROTOCOLActiveMay 30June 291000000 XNK
BWT-BITTWATTActiveMay 28June 27500000 BWT
PGT-PUREGOLDActiveMay 13June 12250000 PGT
FXT-FUZEXEndedMay 10June 8560000 FXT
LAN-FREELANCEREndedMay 8June 6500000 LAN
CRED-VERIFYEndedMay 7June 5200000 CRED

Community Initiatives

Finally, I want to take the chance to point out another community initiative.

CELT Bot: Spielley's bot that reduces the spread of all the pairs on the exchange. You can buy CELT tokens to provide liquidity to the bot. Value of CELT increases week per week, so if you want to support the COSS exchange, go for it.
More information on the CELT steemit:

Suggestions, Remarks, Questions

If you have any suggestions for future content, remarks on possible wrong calculations, or questions related to this report, feel free to ask. You can contact me cossvolumereport[at]gmail[.]com or on the COSS telegram (@ Ghyger)

Happy aCOSSmulation!

Double G

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@double-g, I gave you an upvote on your first post! Please give me a follow and I will give you a follow in return!

Please also take a moment to read this post regarding bad behavior on Steemit.

Thank you for mentioning CELT
and for spreading the aCOSSmulation love!
keep up the good work.

Np, big CELT fan ;)

Just a tip for using Steemit, choosing the right tags is quite important for you to get seen especially when you're new! Check out the most popular tags and choose the ones that apply to this post. I sold all my COSS a long time ago but nice seeing more user development!

Thx for the advice, first time I use Steemit ;)