Solend Demographics

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

Solend Borrow Amount

On December 27th, 2021 The volume of SOL Borrowed reached to high level but in August 1st, 2022 Lowest level until now per week.

In December 2021, the amount of borrowed SOL reached new level per weeks but after December we did not see new level.

Solend is an algorithmic, decentralized protocol for lending and borrowing on Solana that lets you earn interest on deposits and borrow assets.

Solend had a good growth in February 2022.

We sees highest level of borrowing SOL in February 2022.

In February 14th 2022 the volume of SOL Borrowed between 100k to 1m reached.

We have repay high spike on June 18th 2022.

On June 2022 the repay volume is higher than the Average Repay Volume.

The Highest of withdraw Volume is around 1.2M.

This chart shows daily number of transactions,Solend had a good growth in February 2022.