September 2022 - Cosmos Ecosystem Winners and Losers

Izik_R
4 min readOct 13, 2022

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Halloween is right around the corner!

While I may not be dressing up, I did do some ‘house cleaning’ with some of my code and visuals to make these reports a little easier to produce. No fluff for this month's W/L post, so let’s get into it.

Here are the stats that will be included:

  • Winners (ATH and MTD Yield)
  • Losers (ATL and MTD Loss)
  • Titans (ETH and BTC isolated)

Here are the assets included in my data:

  • Cosmos $ATOM
  • Osmosis $OSMO
  • Juno $JUNO
  • Sifchain $ROWAN
  • Evmos $EVMOS
  • Akash $AKT
  • Secret $SCRT
  • Kava $KAVA
  • Ethereum $ETH
  • Bitcoin $BTC

Winners of September 2022

September 2022 Highest Yields (Via Coingecko) $ATOM, $ROWAN, and $STARS

September wasn’t the most ideal month for the Cosmoshub as these 3 are the only (Mid/Large cap) assets within the ecosystem that had any positive performance. As mentioned in previous posts; September has never been a great month for public markets, however, there is some light.

Here are the stats for the gainers:

  • $ROWAN ($7,944,969.85 to $10,053,875.38 +26.54%) ATH of $13,759,284.53
  • $STARS ($35,160,783.53 to $41,307,883.28 +17.48%) ATH of $45,867,241.67
  • $ATOM ($3,731,936,776.06 to $3,818,834,222.01 +2.33%) ATH of $4,931,505,298.43

While we may not have gained a lot, we did what warren buffet deems as the most important step of creating wealth. Not losing money. With $ATOM only up 2%, it’s of course not ideal, but it is comforting knowing it’s not retracing earlier lows. $ROWAN also made up for last month's loss by about 50% as it was down 49% in August.

Losers of September 2022

September 2022 Lowest Yields (Via Coingecko) $KAVA, $BTC, $OSMO, $SECRET, $ETH, $AKT, $JUNO, and $EVMOS

While I remain optimistic about the future, it’s hard to refute the loss accrued in parts of the Cosmoshub. Ripping off the band-aid, here’s what we looked like:

  • $KAVA ($437,306,039.37 to $436,793,012.56 -0.12%) ATL of $378,010,553.91
  • $BTC ($384,387,075,058.39 to $376,348,368,020.18 -2.09%) ATL of $366,066,419,597.38
  • $OSMO ($542,479,273.96 to $509,221,761.19 -6.13%) ATL of $509,221,761.19
  • $SECRET ($196,024,754.07 to $175,595,228.98 -10.42%) ATL of $175,136,676.39
  • $ETH ($191,028,831,646.19 to $162,005,346,937.87 -15.19%) ATL of $160,413,785,859.04
  • $AKT ($57,950,030.18 to $44,625,323.12 -22.99%) ATL of $44,625,323.12
  • $JUNO ($315,816,249.08 to $239,723,916.74 -24.09%) ATL of $239,723,916.74
  • $EVMOS ($730,004,229.92 to $480,477,581.00 -34.18%) ATL of $480,477,581.00

Ouch. It could have been a better month for sure. We saw immense loss in sectors of the network where they had little DeX activity or no DeX activity. Liquidity is king until we see more real-world application being used by the general public, and those who have very active Defi/DeX activity suffered less than those who don’t.

Titans — September 2022

September 2022 Titan Yields (Via Coingecko) $BTC and $ETH

Even with ETH 2.0 deploying smoothly and migrating into a PoS system, $ETH still took a plunge. $BTC lost very little in the month of September and I’m quite surprised that it didn’t mimic $ETH as they typically flow in tandem with each other.

Titan Chain Yields:

  • $ETH ($191,028,831,646.19 to $162,005,346,937.87 -15.19%) ATL of $160,413,785,859.04
  • $BTC ($384,387,075,058.39 to $376,348,368,020.18 -2.09%) ATL of $366,066,419,597.38

While this was previously reported in the last paragraph, I believe emphasizing the ‘Titans’ allows investors to see that it’s not just your beloved portfolio hurting. Markets tend to have a level of correlation with some sort of object/entity and these flows aren’t as abnormal as it may seem.

Extras

Photo by Szabó János

This month was tough! It seemed like every day I’d get a notification from a broker about a new 52 week low, missed earnings report, lower guidance, and overall hawkish coverage of the market(s).

I personally saw all of this as great news in the long term, but bad news in the short. The bull run in 2020 — 2021 was exhaustively long and highly volatile. Each day wasn’t about whether or not earnings or book value was measured and instead it was about high-volume trades, WallStreet bets, and wild speculations. The market cooling down gives me peace of mind that there will be opportunities to land incredible CB’s on incredible companies both in Web3 and the Stock Market.

Time will continue moving, and I believe everything will be alright. Hang tight everyone.

Links:

CSV (My Github): portfolio/D_Eco_Sept22.csv at main · Izik-R/portfolio · GitHub

Coingecko API/Data: Crypto API Documentation | CoinGecko

P.S: Got any API’s or Data for other chains? I want them! DM them to me anywhere you find me, but best on twitter @Izik_R

This is still not financial advice!

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Izik_R
Izik_R

Written by Izik_R

Web3 Investor, Data, and Just some fun. “No One’s Crazy” — The Psychology of Money

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