Top Anchor Users: Part 1

    Explore the power users of the Anchor Protocol. Define “power user” according to at least two metrics of your choice, and analyze Anchor users based on these metrics. Are they retail investors? Whales? Do they transact regularly or infrequently? What conclusions can we draw from your explorations?

    A power user is an individual that operates, in this casem inside the Anchor protocol plaftorm with advanced skills, knowledge, experience and capabilities. Taking into account, we will use different metrics to take a user as a power user. The metrics to be analyzed are:

    • Activity in terms of different transactions
    • Total volume moved
    • % of total liquidity (whales study)
    Loading...

    Table below shows each top user in Anchor in terms of number of transactions, and total volume moves, as well as their first transaction date. Note: I have taken into account users with more than 3 month active inside Anchor Protocol, with more than 50 transactions and with more than 10.000 USD volume moved in order to consider it as a power user Anchor Protocol.

    A total of 1003 users appeared as a power Anchor user according to the metrics taken into account. From them, we can extract some conclusions if we analyze more accurately the data with average metrics among these considered power users.

    Loading...
    Loading...
    Loading...

    As we can see, the average transactions of power users is almost 100, indicating that this type of users interact regularly. On the other hand, the total volume deposited in average are over 5M, indicating that it seems some whales are inside the group. For this reason, this average is so high.In fact, if we take a look on the first table, the top 10 users are moving more than 10M all of them.

    From this analysis, we can extrat that there are a lot of users interacting with Anchor Protocol, what indicates that users that use the platform are familiar with it and invest in it due to they are confindet with the platform and seems that like the conditions. Besides, due to this conditions, people who interact with it, tends to invest huge amount of money and also deposit money more tha one time.