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ammu40
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Osmosis, a decentralized exchange built on the Cosmos Network, has surpassed Uniswap in terms of the number of active developers on the network. However, despite this success, overall activity on Osmosis has started to drop, with a decrease in the number of daily active users on the platform. This decrease in activity has had an adverse effect on the level of activity observed on the Cosmos Hub network, which has been struggling to compete with other major ecosystems. Furthermore, the total number of participants in the Cosmos Hub network has significantly decreased over the past month, resulting in a 16.9% drop in total fees earned by the protocol. The declining value of ATOM, the native token of Cosmos Hub, also suggests waning interest in the protocol.