DAI Volume (May 13)

    Q1. How does the daily volume of DAI transactions compare to other stablecoins? What is DAI most used for?

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    Note: All charts have been reviewed since the beginning of 2022

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    In the chart below, 8 stable coins were compared in terms of volume on a daily basis

    In the chart below, 8 stable coins were compared in terms of number of transactions on a daily basis

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    In the chart below, 8 stable coins were compared in terms of transaction volume as a percentage

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    In the chart below, the growth of 8 stable coins was compared in terms of transaction volume on a daily basis

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    Conclusion:

    In this dashboard, we examined the DAI Volume and compared it with other stable coins on the ethereum network, and based on this, the most that users do to DAI is transfer. About 63% of the total and the most activity was on May 12, 2022. Also In the comparison chart between 8 Steel Quinn, the highest transaction was still for USDC on May 12, 2022, and in terms of number of transactions, it is the same as high, and in terms of total volume, USDC with 49% is in the first place and USDT is about 31% in the second place. And DAI is in the third place with about 10%, and in the growth chart, we see the growth of DAI compared to 5 stable coins lower than itself.