Insights into the average loan amount (USD) borrowed on Compound.
The monthly average loan amount lept from $203K in December to $517K in January 2021 and further rallied upward to $967K in February crossing the overall average. After falling back to $626K in March, the monthly average has since hovered above $900K for April and May 2021 respectively.
How has this changed over the last 6 months?
Next, we take a look at the month-month average from December 2020 to May 2021.
What is the average loan amount borrowed (in USD)?
The average is calculated on the loan_amount_usd column in Flipside Cryto's compound.borrows table.
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The average borrowed amount since Compound's inception is about 663,157.62 USD