Solana-Foundation-2.Tracking USDC & USDT on Solana

    -- Q2. What's the current market share for USDC and USDT on Solana relative to other stablecoins in the ecosystem -- (look into USDC, USDT, UXD, USDH, PAI, NIRV, UST, DAI, FRAX)? -- Create a visualization showing the amount of transaction volume for USDC vs. USDT etc. do display popularity within Solana. -- For USDC and USDT specifically, breakdown the transaction activity by contract and exchange flows -- (i.e. which dapps and addresses hold the majority of USDC and USDT and what do cumulative flows to and from exchanges look like over time)? -- Reference these older dashboards by ltirrell and adriaparcerisas as examples: -- https://app.flipsidecrypto.com/dashboard/stablecoin-popularity-UOlg-v -- https://app.flipsidecrypto.com/dashboard/solana-stables-EJCpX0

    What's the current market share for USDC and USDT on Solana relative to other stablecoins in the ecosystem

    Create a visualization showing the amount of transaction volume for USDC vs. USDT etc. do display popularity within Solana.

    • Given below is the transaction volume in terms of swap volume and number of swaps.
    • USDC-->USDC and USDC-->USDT are the most common type of swaps happening on Solana.
    • USDC-->UST were the second most common when Terra was a dominant force.
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    USDC vs USDC Transaction activity by Swap Program

    • Given below are all the dominant dexes, ORCA is the most common DEX used to swap to USDT
    • Jupiter is the most common dex used to swap from USDC.
    • Till date 5.3B has been swapped to USDT on ORCA and 7.3B from USDC on ORCA.
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    USDC vs USDC Transaction activity by Exchange Inflow vs Outflow

    • USDC inflow happens the most from FTX, till date 15B USDC has inflown from FTX.
    • USDC outflow happens the most from FTX, till date 12B USDC has outflown from FTX.
    • USDT inflow happens the most from FTX, till date 2B USDT has inflown from FTX.
    • USDT outflow happens the most from FTX, till date 2B USDT has outflown from FTX.
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