DAI Volume (May 13)
Q1. How does the daily volume of DAI transactions compare to other stablecoins? What is DAI most used for?
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.