Date of preparation of the report: 08/25/2022

Briefly about Overtime Markets

Thales is a protocol that allows for the creation of peer-to-peer parimutuel markets that anyone can join. A Parimutuel Market is a market where the collateral is locked in a pool and the final payout to participants is not determined until after the market-settling event finalizes. There are several types of markets, including Up and Down markets, ranged markets, exotic markets, and Overtime Markets.

The set of smart contracts composing Thales leverages uncensorable sUSD as collateral, an immutable source of truth for market settlement from Chainlink data feeds, and all the advantages (speed, costs, and security) of a rollup-centric network like Optimism.

Overtime is a positional market for popular sporting events that operates without relying on a centralized entity like most sports markets. Now that Thales contracts have been used as inspiration for the new Sports AMM, as well as reliable data feeds from the industry best oracle Chainlink, Overtime promises the most fun you'll have with DeFi.

Overtime markets is a fully on-chain sports AMM with Chainlink sport feeds, allowing users to bet on Soccer, Football, MMA, and Baseball. For this bounty we will be focused on the Overtime volume on Optimism

The Sport AMM samrt contract is a modified version of the Thales AMM that supports three outcomes: Home Win, Away Win and Draw.

The Sports AMM is one of the most anticipated products built on Thales, as it allows users to purchase positions for their favorite sports teams through the highs and lows of an entire season. With sports such as soccer, football, and basketball on offer, and more on the way such as UFC, Formula 1, Moto GP, you can finally support your favorite team or athlete entirely on the blockchain.

As you can see in the chart below, we have reviewed the top 5 games in Overtime Markets based on the total number of users.

As you can see in the statistics below, we have checked the number of matches offered by overtime for betting in the last 2 weeks based on the type of sport. It is clear that baseball is the first with 49% and next is soccer with about 31%.

As you can see, in the statistics below, the total amount paid has been checked by currency type. It is clear that sUSD is at the top with about 70%, followed by USDC with about 27%.

As you can see, we have reviewed the top 10 games that have had the most activity in the last two weeks. It is clear that the most is related to baseball between Boston Red Sox vs New York Yankees and the last rank is related to baseball between Colorado Rockies vs St Louis There are cardinals.

As you can see in the chart below, we have checked the total number of daily users in overtime markets.

Conclusion :

As you can see in the charts above, the sUSD currency had the highest trading volume in the overtime markets, followed by the USDC currency.

The game Boston Red Sox vs New York Yankees had the highest volume of bets and the game Manchester United vs Brighton & Hove Albion had the highest number of users for betting.

The sport that users bet on the most is baseball, followed by football.

As you can see in the graphs below, we checked the games that had the largest volume and the largest number of users in the last two weeks.

We used the following sources:

The contract (0x170a5714112daEfF20E798B6e92e25B86Ea603C1) is used as the main address contract of Overtime Markets and sUSD, USDC contracts. We used DAI for transaction volume.

(optimism.core.fact_token_transfers)