Overtime Markets - Volume
-- Analyze the total volume on Overtime Markets over the past two weeks. -- Which games received the most activity, both in total users and total $ volume? -- Which sports are receiving the most bets in total dollar volume on a daily basis? Explain your findings.
Methodology
- Refer to [SQL](https://SQL Credit: https://app.flipsidecrypto.com/velocity/queries/01fffd66-6f99-4d22-8b8a-b2ffb248afa6) for base query
- The SQL query lists and decodes the transactions into various sport tags and teams.
- We only consider the sport tags to find the required metrics.
- The Volume is in
Synth sUSD
which is equivalent to USD
What is Overtime ?
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!
Traders can experience all the fun of sports markets with no KYC, no one taking custody of your funds, and no user registration. No one can be excluded or stopped from using Overtime.
This is the first product available to the public that can boast decentralization, instant liquidity and very competitive odds, all in one place. Overtime is bringing the game to the blockchain.[1]
Most active games Which games received the most activity, both in total users and total $ volume?
Volume
- In term of Volume, clearly MLB - Baseball has received the highest volume with a total of ~150K $USD or about 60%.
- MMS is the second most popular sport after MLB with ~38K $USD in volume.
Users
- In term of Users, clearly MLB has been the dominant sport with ~30 Users betting per day.
- EPL Soccer has seen a rise in the number of users betting in the recent days.
Which sports are receiving the most bets in total dollar volume on a daily basis?
- On a daily basis MLB was dominating in the first week, however MMS seems to be dominating few days now, followed by NFT and Serie A on other days.
- Seems like daily bet volume depends on the sport that is being played that day.
Conclusion
- Overtime is a very exciting and unique use-case to DeFi, looking forward to see how it goes.
