Symmetric vs Asymmetric LPs

    Q99. On THORChain, you are allowed to add liquidity in 1 of 3 ways: Rune-only, asset-only, or symmetric (both Rune + asset). What is the breakdown of liquidity being added, according to those categories? Are there any trends over time or by pool?

    Method

    The time base for analysis is since the beginning of 2022, it has been subject to scrutiny. The graphic that follows presents an illustration of the daily USD volume of liquidity growth in THORChain pools. In 3 mode: Rune-only, asset-only, or symmetric (both Rune + asset). and for this I ues thorchain.liquidity_actions

    Analysis

    Observation

    • As of above chart the peak of Rune-only added liquidity took place on Mach 31st, 2022, by more than 4 M of added liquidity, and after that the trend dropped into a downward trend to date.

    Observation

    • As of above chart the peak of Rune-only added liquidity added to BTC.BTC, ETH.ETH and BNB.BUSD-BD1, top 3 pools with most liquidity added, respectively.
    Discord: 0xHaM☰d#8391
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    Observation

    • As of above chart the peak of Asset-only added liquidity took place on April 1st, 2022, by more than 8M of added liquidity, and after that the trend dropped into a downward trend to date.

    Observation

    • As of above chart the peak of ASSET-ONLY added liquidity added to BTC.BTC, ETH.ETH and TERRA.UST, top 3 pools with most liquidity added, respectively.

    Observation

    • As of above chart the peak of symmetric (both Rune + asset) added liquidity took place on Mach 26st, 2022, by more than 30M of added liquidity, and after that the trend dropped into a downward trend to date.

    Observation

    • As of above chart the peak of symmetric (both Rune + asset) added liquidity added to BTC.BTC, TERRA.UST and ETH.ETH, top 3 pools with most liquidity added, respectively.

    Findings

    The difference between symmetric and asymmetric limited partnerships was investigated using this dashboard. As a result of this investigation, the amount of liquidity rise seen in certain pools, such as those using the Rune-only technique, has decreased.

    • BTC.BTC has most shares in added liquidity in all of 3 ways that followed by ETH.ETH in second position.

    • BNB.BUSD-BD1 In Run-only way is the third position after ETH.ETH that followed by ETH.USDC, TERRA.UST & TERRA.LUNA respectively.

    • In Asset-only way BNB.BUSD-BD1goes down and replaced with TERRA.UST that followed by TERRA.LUNA.

    • In symmetric (both Rune + asset) added liquidity added to BTC.BTC, TERRA.UST and ETH.ETH, top 3 pools with most liquidity added, respectively.

    Finally in comparison between 3 ways: Rune-only, asset-only, or symmetric (both Rune + asset), 60.2% of liquidity being added in symmetric way that followed by Run-only and Asset-only by 21.2% And 18.7% of liquidity added respectively.