Stablecoins on Kashi

    Q102. Analyze the behavior of stablecoins on Kashi markets.

    In this dashboard, the following questions would be answered:

    • Analyze the behavior of stablecoins on Kashi markets. Which ones are being deposited for lending? Which ones as collateral?

    Approach

    • Using flipside_prod_db.crosschain.ez_borrowing table, we’re able to get borrowing actions on Kashi from Sushiswap
    • Using flipside_prod_db.crosschain.ez_lending table, we’re able to get lending actions on Kashi from Sushiswap
    • Stablecoins on Kashi are: DAI, USDT, USDC, USDN
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    As can be seen from the chart above, we can see that ethereum is the network with the most activities when nearly 100% of borrowing amount from this network.

    For the number of borrows per day, we can see the popularity of USDT and USDC over DAI. The highest number of borrowing actions per day was on Jul 6, 2021 with 23 USDT borrowing actions, 13 USDC borrowing actions and only 9 DAI borrowing actions.

    For the borrowed amount, we can also see the the popularity of USDT and USDC over DAI. The highest borrowed amount of per day was on May 19, 2021 with 457K USDT borrowed, 377K USDC borrowed and 226K DAI borrowed.

    As can be seen from the chart above, we can see that ethereum is the network with the most activities when nearly 100% of lending amount from this network.

    For the number of lending per day, the highest number of lending actions per day was on Jul 12, 2022 with 1824 USDC lending actions. For other days, the number of lending is quite small and not worth to mention.

    For the lending amount, we can also see the the popularity of USDT and USDC over DAI. The highest lending amount of per day was on Oct 2, 2021 with 10M USDT had been lent.