Katana Covered Call Vault Popularity

    Katana currently has 5 covered call vaults with a TVL of over $1 million (SOL, mSOL, BTC, ETH, wLUNA). What has been the rate of change of deposits and withdrawals for each of these vaults since the beginning of February? What vaults seem to be gaining in popularity the most? What percentage of wallets that have deposited into a covered call vault have also deposited into another vault? Which vaults seem to have the most crossover?

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    The following chart compares Katana deposits with the following:

    • The largest deposit was made on March 25, 2022.
    Note: The volume of deposits has not been converted into dollars, and it is obvious that some deposits, although they have a high value, apparently have a low volume.
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    In the chart below we compare the number of depositors in Katana and based on this:

    The highest number was on February 12, 2022.

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    In the following diagram, we compare the volume harvested from Katana and based on this:

    • The largest volume was on February 18, 2022.

    In the chart below we compare the number of harvesters in Katana and based on this:

    • The highest number was on February 4, 2022.
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    In the table above and the chart below, we examined the percentage of wallets that were jointly deposited in the vaults

    Based on:

    • The largest wallet share between kcETH <=> kcBTC was about 21%, ie about 21% of users who have deposited in kcBTC have deposited in kcETH
    Note: Colored bars are the percentage of deposit in different vaults and the black line indicates the common number of wallets in both vaults.

    Conclusion:

    The most common crossovers between vaults appear to be in the following order:

    1. kcETH <=> kcBTC
    2. kcETH <=> kcMSOL
    3. kcBTC <=> kcWLUNA
    4. kcETH <=> kcWLUNA
    5. kcMSOL <=> kcWLUNA
    6. kcETH <=> kcSOL
    7. kcMSOL <=> kcBTC
    8. kcSOL <=> kcMSOL
    9. kcSOL <=> kcWLUNA
    10. kcSOL <=> kcBTC

    Note: The details of these crossovers are given in the table above.

    The chart below examines the total number of related wallets in both vaults and the possible modes of movement between the vaults.

    - The blue bar shows the number of common wallets to both vaults
    - The orange bar shows the percentage of crossovers between the two vaults

    Accordingly, the highest crossover was between kcETH <=> kcBTC.

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