Solana.Friktion.Bitcoin.Volt
The analysis of Friktion BTC Covered Call Volt is done in this dashboard. Also, the behavior of participants is studied by usage of other protocols.
In this part, the total number of unique users that participated on BTC covered call volt is calculated about 82 unique wallet. Additionally, the daily number of unique wallets is shown in this chart. As shown in this chart, the maximum number of daily participants is 6 unique wallet and happened on Feb 10, 2022.
According to the addresses and transactions related to deposit and withdrawal in Friktion BTC covered call volt, the daily volume of deposited and withdrawn BTC on this program are demonstrated in this bar-chart. As shown in this chart, the highest volume of deposit occurred on Mar 16, 2022 with 1.33 BTC and the highest amount of withdrawal happened on Feb 16, 2022 with number of 3.106 BTC. After February 16th, the volume of deposited BTC are risen in the two following days, accordingly.
In this step, the top 10 wallets that deposited highest amount of BTC on BTC covered call volt is shown in this figure. As can be seen from this figure, in the first place the wallet with 50.05 BTC stands and this could be considered as Whale participation.
Introduction:
Friktion is a novel DeFi portfolio management project that enables to users maximizing their profits by creating extra yield. The Friktion BTC Covered Call Volt is one such yield opportunity for interested participants who want to generate income while holding BTC.
In this bounty, the usage of BTC covered call volt is analyzed based on these steps:
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Daily and total number of unique wallets that participate on program as depositor
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Daily deposit and withdraw amount of BTC in Friktion BTC Covered Call Volt
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Top 10 wallets in terms of amount deposited
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Other DeFi protocols that users of BTC covered call volt interacted with
The time period of this investigation is considered from January 28th, 2022.
Summary:
In this section, we want to talk about the usage of BTC covered call volt among Whales or average Solana users.
First of all, the Whales are defined by volume of deposit about 1 BTC. Based on the results, it can be concluded that, the application of BTC covered call volt becomes more popular among Whales and two whale with great volume of BTC used this program as noticed earlier.
In the final step, the interaction of BTC covered call volt participants with other protocols is demonstrated. This pie-chart shows the share of use for various protocols. As shown in this chart, Raydium protocol with near 68% usage stands in the first place. After that, Selend has 11.3% application among users. The share of other protocols is shown in the rest of chart, respectively.