Aave - 8. How does BTC funding affect rates?

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    Create a dashboard that shows:

    Supply and lending rates for at least five tokens in Aave V2, and Total amount of Wrapped BTC supplied over time.

    Provide analysis on the volatility of rates.

    Measure the correlation between USDC borrow rates and total wBTC supplied.

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    In the following table, based on the tokens, the supply volume and dollar volume are shown

    In the graphs below, the volume and dollar percentage of the tokens have been checked Which is the largest volume for WETH with about 46%

    In the graphs below, the volume and percentage of the tokens have been checked Which is the largest volume for USDC with about 58%

    In the table below Based on the tokens, the volume and dollar volume of the landing was checked

    In the diagram below Based on the tokens, the volume and dollar percentage of borrow was checked

    In the diagram below Borrow volume was checked based on tokens

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    In the diagram below Based on the tokens, borrow volume and dollar growth weekly checked

    In the diagram below Borrow volume and growth based on tokens weekly checked

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    In the table below, the rates were checked based on the tokens: 1- Liquidity 2- Dollar supply volume 3- UTILIS RATE 4- DEPOSIT RATE 5- STABLE BORROW 6- VARIABLE BORROW

    In the following chart, the following rates were compared to the grouping of tokens:

    • UTILIS RATE
    • DEPOSIT RATE
    • STABLE BORROW
    • VARIABLE BORROW

    In the following chart, the following rates were compared to the grouping of tokens:

    • DEPOSIT RATE

    • STABLE BORROW

    • VARIABLE BORROW

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    In the chart below, the volume and growth of the supply of tokens was checked on a weekly basis

    In the chart below, the volume and dollar growth of tokens was checked on a weekly basis

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    In the following table: The impact and correlation of WBTC supply with STABLE BORROW has been verified

    Conclusion:

    In this dashboard, we examined BTC funding affect rates and based on this→

    • The largest volume of supply is for WETH

    • The largest landing volume is for USDC

    • The volume of WBTC supply is about 640 million dollars


    Result: It seems that when the supply volume of WBTC was low, the STABLE BORROW rate was intermittent, and when the supply volume of WBTC increased, the STABLE BORROW rate was relatively fixed and only slightly increased in October 2021.

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    Written by:

    Discord ID: Sal☰h#1747

    twitter : @saleh03188287

    email : saleh.mz@gmail.com