What is PoolTogether?

PoolTogether is a prize-linked saving protocol, their work model is making a yield with the deposited funds and giving away that yield to users randomly who deposited .

That yield is gained through defi protocols like Aave for more information Where Does The Prize Money Come From.

So users can deposit into PoolTogether and withdraw their funds even if they didn't win.

For more information PoolTogether Docs.

We can see that in some of the days deposits drops as low as 10 USDC but in some days deposits go as high as 3.4M USDC* (Jun 14) or 2.9M USDC (Jun 18).

So we can't talk about a trend in deposits.

Average USDC deposit amount per user is 101.6k USDC

76 Distinct wallets deposited USDC into PoolTogether last month.

Total amount of USDC deposited into PoolTogether last month was 10.56M.

My Methodology

I used this 0xd89a09084555a7d0abe7b111b1f78dfeddd638be (Yield Source Prize Pool) address as to_address and to find USDC deposits I used USDC (0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48) contract address, example transaction hash of a deposit