Introduction

The terra collapse impact is beyond its own ecosystem, almost all networks and platforms were influence by the incident.

This dashboard investigates the impact of the Terra collapse and volatile times afterwards on Sushiswap.

Results

The graph below shows the daily number of lending actions including deposits and withdraws over time.

We can see that in the midst of volatile time we had only withdraws. Then after a week lending resumed but still the number of withdraw actions more frequently can be seen then deposit action.

When the analysis comes to amount of deposits and withdraws, we can see that the amount of actions has been largely decreased after the Terra collapse. We can see that since the market crash on June 7th we there has been almost no remarkable deposit.

Lending has another side which is borrowing.

Looking into Sushi borrowing action on Ethereum, we can see that the number of repaying was increased in times of the Terra crash between May10th and 12th. Since then we see both repay and borrow action equally decreasing. However, in the recent market crash we see many repaying action.

The graph below shows the amount of borrowing actions. We can see that on May 12th almost 0,5M USD was repaid. Since then both borrow and repay is decreasing.

The graph below shows the daily number of Sushi swaps on Ethereum over time. We can see the decreasing trend from May 10th to June 5th. However, with decreasing BTC price, we see increasing trend in the number of swaps.

The graph below shows the daily amount of swaps over time. We can see in volatile times, the amount of swaps is increased.

Conclusion

Throughout this dashboard we investigated the impact of volatile time on Sushi activities on Ethereum. The timeframe we chose includes two big market (BTC) crash on May 10th and June 13th.

Both volatile times largely increased the number and amount of swaps as it can be seen from the graph below.

Other activities like borrowing and lending were largely negatively influenced by volatile times.