Solend Demographics

Q101.Solend is the leading lending protocol on Solana. What are the demographics of the Solend userbase?

What is the user distribution by size of account? (How many have between $1-1,000, 1,000 - 100k, etc). Is the protocol largely influenced by whales, or by average Solana users?

Total Statistics of Solend

Charts and Analysis

Demographics

According to the graphs and investigations done on the question raised in this article, we can see that

Total asset collateral of Solend users is 8.62M
Total asset borrows of Solend users is 8.06M
Total asset repays of Solend users is 1.194B
Total asset withdraws of Solend users is 6.74M

According to chart above there were huge repay amount on Jun 20, 2022 and major trend of repays and withdraws is decreasing.

According to chart above there were days with huge amounts of borrows and collaterals on Feb 4, 2022 and May 6,9,12 and15 of 2022 and trend shows more steady state closer to decreasing.

According to chart above there were days with huge amounts of asset flow in to Solend on Feb 4, 2022 and May 9,12 and 15 of 2022

and there were huge amounts of asset flow out of Solend on May 6, 2022.

According to chart above main assset flow indicates that on Jun 20, 2022 there were flow of huge amounts of assets in to solend.

Main asset flow chart calculated as shown :

Main asset flow =

collaterals+repays-borrows-withdraws

Introduction to Sea Creatures in crypto

While the term "whale" is widely used and the most popular, cryptocurrency communities and forums have other animal names to describe cryptocurrency owners based on how much they have.

For example, 'Plankton' (under 0.1 Bitcoin), 'Shrimps' (0.1–1 Bitcoin), 'Crabs' (1–10 Bitcoin), 'Fish' (10–50 Bitcoin), 'Octopuses' (50–100 Bitcoin), 'Dolphins' (100–500 Bitcoin). and 'Sharks' (500–1,000 Bitcoin).

And as for the whales, there are the 'Regular Whales' (1,000–5,000 Bitcoin), and 'Blue Whales' (above 5,000 Bitcoin).

I used some concepts explained above to chart the asked demographic in the bounty and as we know Planktons < Crabs < Fish

According to table and bar chart above as expected number of users with small amounts are lot higher than users with larger amounts and as we go from small users or fish to larger users or whales we see that their numbers decreases but over all amount of small users maybe cant compete with amounts of latrger users like Dolphins or whales and larger users may influence the protocol.