Try Quests to earn crypto6. Number of LPs
This dashboard looks at the number of liquidity providers(LPs) for the THORChain liquidity pools. Liquidity pools allow for users to swap from one asset to another, using the providers deposited assets. The first metric looked at is the number of new providers to all THORChain pools on 10/25/21, which was 456. I next separated the number of new LPs by pool, and found that the pool with the highest amount of new LPs was the ETH.ETH pool with 99 new providers, closely followed by the BTC.BTC pool with 81 new providers. The next metrics included in this dashboard display the same statistics, although over time instead of on a certain date. I chose the top 4 pools by swap volume to look at, and found that the amount of new LPs daily varies greatly. The number of new LPs was also much greater closer to the inception of THORChain and have lessened recently. There are many gaps in new LPs being added daily, and this could be in part to the many audits THORChain has undergone over the past year.