Introduction

Liquidity provider (LPer) retention is an important part of defi project's growth and success.

LPer retention can be defined as the ability of the project to retain users as liquidity providers over time and to increase the number of repeat and ongoing liquidity providers.

This dashboard assesses THORChain network in terms of LPer retention.

Results

The graph below shows the monthly number of new LPers.

We can see that since February the number of new LPers has increased.

Note: New LPers are defined as users who provide (add) liquidity for the first time.

The barchart below shows the retention rate for past months.

We can see that the one year retention of LPers is 11.44%.

Big LPers (whales)

The graph below shows the monthly number of big new LPers.

Big LPers here refers to LPers whose first liquidity provision is more than $10000.

The barchart below shows the (big LPers) retention rate of past months.

Conclusion

LP-er retention for last year is between 6 and 12%. The rate for Big LPers is higher (between 10% and 20%).

Interestingly, we can see that early adaptors are more sustained LPers. In other words, the ability of THORChain in retaining early adopters is higher than for others.