Stablecoins on Kashi
in this dashboard we will analyze Stablecoins on Kashi.
Kashi Lending is a Sushiwap lending platform based on the BentoBox.
we will analyze Kashi on both Ethereum and polygon.
for Ethereum this query is used to find Kashi’s pairs:
select distinct ADDRESS
from ethereum.core.dim_contracts
where lower(contract_metadata::string) like '%kashi%'
and for polygon there is a table named polygon.sushi.dim_kashi_pairs
which is used in this dashboard.
stablecoins that we analyze are: DAI, TUSD, USDC, USDT, UST and sUSD
and all data are filtered to start from January 2022.
also no event has been filtered so that we can see all volume in any events.
in borrowing table for each Polygon and Ethereum there is a field named COLLATERAL_SYMBOL which we used to count how many stablecoins per day are used as collateral.
as wee see on Ethereum only USDC and USDT are used( maybe accepted ) as collaterals and on Polygon just USDC and DAI are used( maybe accepted) as collaterals.
USDC on both chains are most used more than USDT and DAI.
two charts above shows volume of stablecoins for Kashi on both Polygon and Ethereum since the beginning of 2022 per day.
on Ethereum there is more volume than Polygon.
on Polygon there is only USDC, DAI and USDT that were used for borrowing.
on Ethereum there is no stable trend for stablecoin’s volume and due to missing some data on Polygon there is no clear trend too.
also two above charts shows volume for stablecoin’s on Kashi per day for lending.
like borrowing there is more volume for Ethereum too.
and there is no clear trend for these volumes.
as a total view for stablecoins on Kashi, above table shows total amount of stablecoins by USD for lending and borrowing on Polygon and Ethereum.
most volume is for USDC on Ethereum lending which is about 6.5M.
as mentioned before most of volumes belong to Ethereum and this table prove it again.