Stablecoins on Kashi
Analyze the behavior of stablecoins on Kashi markets.
Kashi is a lending and margin trading platform built on top of Bentobox. It allows anyone to create customized & gas-efficient markets for lending, borrowing and collateralizing various DeFi tokens, stablecoins, and synthetic assets.
Adjacent tables show stable assets on Ethereum and Polygon.
==Mainnet tables:== ethereum.sushi.ez_{lending/borrowing}
SELECT
DISTINCT SYMBOL,
ASSET
FROM
ethereum.sushi.ez_lending
WHERE
ACTION='Deposit'
AND SYMBOL IN (
'DAI',
'USDT',
'USDC',
'sUSD',
'TUSD',
'UST',
'FEI'
)
In order to have a better sense and have well-visualized charts, I decided to multiply the borrowed amounts by -1
.
POS
stands for a positive borrow amount.
Collateralized and Borrowed amounts on Ethereum mainnet (calculated in USD)
Collateralized and Borrowed amounts on Polygon (calculated in USD)
The following charts are abnormal due to a lack of sufficient data. Currently, the polygon data is only showing the recent months. Flipside will back-fill the data in the future.
Both networks comparison at a glance