New Anchor Users

    December 27, 2021

    In my previous post on Anchor I described the tremendous growth in deposits and borrows on the protocol. Anchor saw more than $10B in net deposits in the last three months.

    In this post I count new users on Anchor.

    In the last three months Anchor has acquired 62,168 new users.

    Amongst new users, 13,297 have borrowed funds.

    30,998 new users went on to make at least one additional deposit.

    Loading...
    Loading...
    Loading...
    Loading...

    Definitions

    New user: an address that made their first deposit on Anchor in the last three months (September 27 to December 27, 2021).

    Active user: a new user that went on to make at least one additional deposit, borrow funds, or both. Active users are not counted twice. All addresses are distinct.

    Amongst the 62,168 new users on Anchor, 37,191 can be described as active users.

    These users either borrowed funds, made an additional deposit, or both.

    Anchor is perhaps the killer app of the Terra ecosystem. It draws new people into Terra. Anchor has grown substantially in the last three months. New users, net deposits and net borrows have all increased rapidly. Anchor is starting 2022 with an active and growing user base.

    Comments

    db_img