In this Dashboard i will present several metrics that describe the protocol Velodrome Finance.

Metrics:

• Users / Transactions
• Swaps
• Rewards earned
• Staking
• LP Providing

NOTE: Flipside data on Velodrome are new and date back back only about 2 months.

1.Users and Transactions.

On the left charts we see the daily new users on all actions on Velodrome and the cumulative sum of them.

• In August the low days have more users than the ones on June, with a few days of higher growth.
• As a result of the relative stable user growth the cumulative sum has a linear form.

The daily users of the platform seem to be increasing significantly from June to August almost doubling in some days.

This indicates that people are active on the platform after engaging for the first time.

On the left we see the daily amount of $ USD swapped which looks almost identical to the transactions chart which tells us that the daily mean swapped amount per transaction is stable.

2.SWAPS.

The cumulative $ USD value swapped has an exponential form.

Daily transactions are pretty similar to the pattern of daily users as expected and swaps are the most usual transaction with more than 95% share every day.

When we see the top 10 tokens swapped daily from/to USDC is in the first place every day and is the token responsible for the big increase in the end of July.

OP is in the second place daily and WETH in the third.

In total $ swaps in the donut chart USDC has 42.9% in the first place. OP in the second has 28.6% and WETH has 12.7%.

The top 5 tokens in descending order:

USDC-OP-WETH-VELO-DAI have more than 92% of the total $ value swapped.

3.Liquidity Provider Pools.

Here we see the top 10 pools by net volume and by market share.

USDC/sUSD is in the first place with $ 9.8M and VELO/USDC is second with $ 9.3M.

We notice that only 3 out of the top 10 biggest pools are of volatile type and 7/10 are stable.

The 9.8M of USDC/sUSD represent a 19.5% share and USDC/DAI has 18.6%.

We see that no pool has more than 20% showing that liquidity is spread across several pools and several stablecoins.

5.STAKING.

4.Rewards Earned.

On the left graph we see the daily rewards earned, it’s source and the total number of rewards earned from June to August.

Voter reward represents 85.3% of the total rewards and is the number one source of rewards every day while it increased in the last month.

To this day there is a total $4.3M earned by the users.

Lastly we see that there is a lot more staking transactions than unstaking.

Both grew in the last month but staking had a ~x8 increase compared to unstaking which had ~x3 increase.

.CONCLUSION

We can notice that the user increase from June to August is the most fundamental because that is the one which drives all the rest.

From what we saw we can derive that Velodrome is ‘‘Healthy‘‘ because is based on User growth and growth on all activities made by them.