Introduction
Liquidity is the foundation upon which all else is built. Every prominent ecosystem has at least one DEX, and the current leader for Cosmos’ is the app-chain Osmosis. In this post, we evaluate the past performance of Osmosis and what makes it a flagship chain within Cosmos.
Osmo Performance
Despite the latest market drawdown, OSMO has outperformed other major peers over the last few months by a substantial margin. OSMO saw a modest pullback between November and mid-December alongside the broader market but has since bounced back much stronger than major peers (and most crypto assets for that matter) over the last couple of months.