Sushiswap stablecoin activity
This dashboard takes a deep dive overview about the different stablecoins activity on Sushiswap over different available blockchains.
In this issue, we'll be taking a deep dive into Sushiswap and stablecoin activity, two hot topics in the crypto space.
Sushiswap, the decentralized exchange (DEX) based on the Ethereum blockchain, has gained significant attention in recent months due to its unique features and growing popularity. It was created as a fork of Uniswap, another popular DEX, and has quickly become one of the top DEXs in terms of trading volume.
Stablecoins, on the other hand, have become a crucial component of the cryptocurrency ecosystem, providing a stable and predictable store of value that is not subject to the same volatility as other cryptocurrencies. They are backed by real-world assets such as fiat currencies, commodities, or cryptocurrencies and are designed to maintain a stable value against their underlying asset.
Now, let's move on to what we'll be analyzing in our dashboard. Our goal is to analyze the stablecoin activity on Sushiswap over the different blockchains available. We'll be looking at the most actively traded stablecoins on Sushiswap across Ethereum, Optimism, Arbitrum, and other chains. Additionally, we'll be analyzing the monthly volume and inflow/outflow of stablecoins through Sushiswap on these various chains.
Through our analysis, we hope to determine which chain has seen the most significant increase in stablecoin activity over the last three months. By understanding this, we can gain valuable insights into the current state of the stablecoin market and how it's evolving across different blockchains.
The dashboard consists of four main tabs, each providing you with different insights into the stablecoin activity on Sushiswap. Let's go through each tab one by one:
-
General Activity: This tab provides you with an overview of the stablecoin activity on Sushiswap across all chains. Here, you can see the monthly volume and inflow/outflow of stablecoins through Sushiswap, as well as the most actively traded stablecoins on the platform. You can also see a breakdown of stablecoin activity by chain.
-
Chain Activity (Last 3 Months): This tab allows you to analyze the stablecoin activity on Sushiswap over the last three months, broken down by chain. Here, you can see which chain has seen the most significant increase in stablecoin activity and gain valuable insights into the current state of the stablecoin market.
-
Specific Chain Analysis: In this tab, you can select a specific chain to analyze and see the monthly volume and inflow/outflow of stablecoins on Sushiswap for that particular chain. This provides you with a more in-depth analysis of stablecoin activity on a specific chain.
-
Specific Stablecoin Analysis: This tab allows you to select a specific stablecoin to analyze and see the monthly volume and inflow/outflow of that particular stablecoin on Sushiswap across all chains. This provides you with insights into the popularity and trading activity of a particular stablecoin on the platform.
To use the dashboard, simply select the parameter you want to analyze at the top of the page. If you want to analyze a specific chain, select the chain from the dropdown menu, and if you want to analyze a specific stablecoin, select the stablecoin from the dropdown menu. Once you've selected your parameters, click on the "Apply all parameters" button to see the updated analysis.