In this dashboard, I will answer the question: Analyze the behavior of stablecoins on Kashi markets. Which ones are being deposited for lending? Which ones as collateral?

One note here about the starting date on polygon data:

Part 1 - Which ones are being deposited for lending?

There is a big difference in the lending activities in 02 years: 2021 & 2022. Lending activity was strongest in 2021. Based on the pie chart, we can see that DAI, USDC and USDT are critical coins used for lending.

On Polygon, there are 03 types of coin deposited for lending. Based on the pie chart, we can see that USDC presents a majority proportion in total amount of lending (71.2%). The smallest percentage belongs to USDT (2.28%)

Part 2 -  Which ones as collateral?

DAI and USDC are used most for collateral. However, their amount had a dramatical decline from 2021 to 2022. Additionally, DAI nearly disappeared in 2022. 

There are 02 types of coin used for collateral: USDC & DAI. USDC’s amount was much higher than DAI. As can be seen from the pie chart, USDC accounted for 92.9% in the total amount.