cryptoship | Flipside Analyst

    cryptoship

    Joined May 30, 2024
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    Withdrawals across ETH-Defi protocols

    Withdrawals across ETH-Defi protocols

    Sep 6, 2024 - Beacon has seen a massive withdraw in 2023 and 2024. Aave, as the most active protocol, saw huge withdrawals since 2022 - it also saw equally high deposits. This was followed by Compound in its activity.

    aavemakercompoundethereum
    cryptoship
    Deposits across ETH-based Defi protocols

    Deposits across ETH-based Defi protocols

    Sep 6, 2024 - Compound saw an increase in deposits in 2020 followed by a steady decline since then in terms of volume, meanwhile Aave picked up in that timeframe. Since 2022, the total deposits and average deposit in Aave protocol has increased exponentially and it's now the a leading protocol in the space.

    aavemakercompoundethereum
    cryptoship