by looking at the above charts:

• DAI, USDT, and USDC are being deposited for lending on Polygon, and DAI, USDT, USDC, FEI, TUSD, and UST are being deposited for lending on Ethereum.

• The most popular token for deposits is USDC. in dollars, it is deposited around 2.38M on Ethereum and 8K on Polygon. (by doing 131 and 22 transactions)

• It seems USDT on Ethereum is more popular than DAI in this blockchain.

• It seems DAI on Polygon is more popular than USDT in this blockchain.

  Since the date range of our analysis is different for Ethereum and Polygon, we don’t compare the amounts between these blockchains.

Introduction

Kashi is a lending and margin trading platform, built on BentoBox, that allows for anyone to create customized and gas-efficient markets for lending, borrowing, and collateralizing a variety of DeFi tokens, stablecoins, and synthetic assets.

In this analysis, I’m going to analyze the behaviors of stablecoins on Kashi markets. I wanna answer this set of questions:

• which stablecoins are being deposited for lending?
• how much stablecoin is being deposited?
• how many transactions are conducted in order to deposit on Kashi markets?
• which stablecoins are being deposited as collateral?
• how much stablecoin is used as collateral?
• how many transactions are conducted in order to collateral on Kashi markets?

Method

• Used tables: ‘flipside_prod_db.crosschain.ez_lending’ and ‘flipside_prod_db.crosschain.ez_borrowing’

• Platform: sushi

• blockchains: Ethereum and Polygon

• Polygon analyze date range: [2022-06-06, 2022-07-10]

• Ethereum analyze date range: [2022-01-01, 2022-07-10]

Let’s see what I have found!

this analysis and conclusions are for the date range that I mentioned in Method part of the dashboard.

by looking at the above charts:

• DAI and USDC are being deposited as collateral on Polygon.
• USDT and USDC are being deposited as collateral on Ethereum.
• The most popular token for collateral is USDC. in dollars, it is deposited as collateral around 103k on Ethereum and 1.17K on Polygon. (by doing 39 and 13 transactions)

Conclusion

• DAI, USDT, and USDC are being deposited for lending on Polygon. DAI, USDT, USDC, FEI, TUSD, and UST are being deposited for lending on Ethereum.
• DAI and USDC are being deposited as collateral on Polygon. USDT and USDC are being deposited as collateral on Ethereum.
• The most popular stablecoin that is deposited for lending and as collateral is USDC.