Try Quests to earn SOLHubble Protocol
Create a KPI dashboard that shows Hubble metrics such as: daily active users, new users, mint/burn rates, different rates of instructions etc. (anything you find relevant)
Users of Swap from USDH to Other Tokens
Volume of Swap from USDH to Other Tokens
Transactions of Swap from USDH to Other Tokens
Active Users and New Users in Hubble Protocol
Users of Swap to USDH from Other Tokens
Methodology
In this dashboard, we want to analyze the amount and number of transactions and the number of users using Contract of Hubble: =='HubbLeXBb7qyLHt3x7gvYaRrxQmmgExb7fCJgDqFuB6T==
and Contract of Kamino: ==6LtLpnUFNByNXLyCoK9wA2MykKAmQNZKBdY8s47dehDc== and Contract of USDH: ==USDH1SM1ojwWUga67PGrgFWUHibbjqMvuMaDkRJTgkX== token from Solana tables.
And also by using ==solana.core.dim_labels== table and ==ADDRESS== column, we get the name of the contracts.
About Kamino Finance
Hubble Protocol has incubated Kamino Finance to transform concentrated liquidity on the Solana (SOL) network. It is an automated liquidity solution that reshapes the entire decentralized exchange (DEX) landscape of the Solana ecosystem with an improved, actively managed, brand-new liquidity layer. This Kamino Finance review will provide you all the information regarding its working & services
About Hubble Protocol
Hubble is a decentralized finance (DeFi) protocol built on Solana. Hubble's core product is USDH, a decentralized stablecoin that can be borrowed against your crypto assets.
Users can deposit multiple crypto assets like SOL, BTC, ETH, and others, to borrow USDH. In turn, USDH can be used to serve various purposes across Solana DeFi.
Hubble will offer multiple USDH borrowing vaults, with various asset combinations and vault-specific parameters such as Stability Fees and Deposit Caps. USDH borrows are guaranteed by a combination of Hubble's USDH Vault (Stability Vault), and bots that facilitate market-based liquidations.
The above charts show USDH token swap users, on one side users swap USDH token to other tokens. and one side shows users swapping other tokens to USDH
As you can see, the number of users on both sides is the same and 3350 users are unique
Since May 15, the number of users has decreased
The most users of tokens that have been swapped to USDH are USDC, Sol and USDT tokens.
Also, the most tokens that have been swapped from USDH are these 3 tokens in terms of the number of users
In this section, you can see that the total volume swapped from USDH is 41.3M, and in contrast, the total volume swapped to USDH token is 112.7M.
The largest volume of tokens swapped from USDH was USDC, USDT and UST
And the most tokens swapped to USDT are ‘crash cow’, USDC and ‘cry coi
Since June 25, the volume of swap has been much less than before
In the third part of this part, we will get to the transactions
The total number of swap transactions to USDH is 71K transactions, and the total number of swap transactions from USDH is 64.8K transactions
As you can see, since the beginning of June, the transactions were growing well, but at the end of this month, it suddenly stopped and has been progressing minimally until now.
The most transactions to and from USDH are related to USDC and USDT tokens
Volume of Swap to USDH from Other Tokens
Transactions of Swap to USDH from Other Tokens
Active Users in Kamino Finance
The total number of users in Hubble is 4580 , the total number of transactions made in Hubble is 443K transactions. and the total volume of transactions is 78.5M
Between June 9 and 11, the number of transactions in Hubble increased abnormally and then decreased again
The number of daily active users on Hubble is decreasing
The arrival of new users was high in the first month, but in recent days it has decreased a lot and we rarely see new users.
There are very few active users in kamino finance and there are 2-3 active users in this program every day. It seems that these transactions are fake or it can be said that they are not done by normal users and are related to the owners of kamino .
The total number of Kamino users so far is 10 users who have completed 1.574M transactions
Since the beginning of September, the number of transactions has increased significantly
Mint and Burn
The total number of transactions related to the Mint action in the Hubble protocol is 3550 transactions, and the total number of transactions related to the burning action is also 424 transactions.
The total number of transactions of all actions is 40.2K transactions
Since August 26, the ratio of Mint in Hubble has increased and has reached 20% of all actions.
In the months of May and June, the number of burning actions increased from less than 1% per day to about 4-5% per day.
Analysis results
Since May 15, the number of users has decreased
The most users of tokens that have been swapped to USDH are USDC, Sol and USDT tokens.
Also, the most tokens that have been swapped from USDH are these 3 tokens in terms of the number of users
The largest volume of tokens swapped from USDH was USDC, USDT and UST
And the most tokens swapped to USDT are ‘crash cow’, USDC and ‘cry coin’
Since June 25, the volume of swap has been much less than before
The total number of swap transactions to USDH is 71K transactions, and the total number of swap transactions from USDH is 64.8K transactions
since the beginning of June, the transactions were growing well, but at the end of this month, it suddenly stopped and has been progressing minimally until now.
The most transactions to and from USDH are related to USDC and USDT tokens
The total number of users in Hubble is 4580 , the total number of transactions made in Hubble is 443K transactions. and the total volume of transactions is 78.5M
Between June 9 and 11, the number of transactions in Hubble increased abnormally and then decreased again
The number of daily active users on Hubble is decreasing
The arrival of new users was high in the first month, but in recent days it has decreased a lot and we rarely see new users.
There are very few active users in kamino finance and there are 2-3 active users in this program every day. It seems that these transactions are fake or it can be said that they are not done by normal users and are related to the owners of kamino.
The total number of Kamino users so far is 10 users who have completed 1.574M transactions
Since the beginning of September, the number of transactions has increased significantly
The total number of transactions related to the Mint action in the Hubble protocol is 3550 transactions, and the total number of transactions related to the burning action is also 424 transactions.
The total number of transactions of all actions is 40.2K transactions
Since August 26, the ratio of Mint in Hubble has increased and has reached 20% of all actions.
In the months of May and June, the number of burning actions increased from less than 1% per day to about 4-5% per day.