Trend of Pools
What kind of pools do user usually withdraw or deposit into for the last 90 days? is there any pattern/trend we can see from it?
Introduction and methods
In this dashboard, we are gonna analyze the different kind of pools users usually interact with for the last 90 days. We will try to find as well if there is some trend in the type of pools used over these days.
To do a good analysis and try to extract the best information from Flipside Data, I have plotted several metrics that are represented and explained below. These metrics are:
- Daily number of liquidity actions by type of pools
- Distribution of actions by type of pools over the last 90 days
- Daily number of liquidity providers by type of pools
- Distribution of liquidity providers by type of pools over the last 90 days
- Transactions vs liquidity providers by type of pools over the past 90 days
All of the analysis have been done taking into account the following groups:
- Pools involving stablecoins have been called "Stablecoin pools"
- Pools involving MEME coins have been called "MEME pools"
- Pools involving gaming tokens have been called "Gaming pools"
- Pools involving DeFi/DAO tokens have been called "DeFi DAO pools"
- Pools involving Ethereum have been called "ETH-Token pools"
- Pools involving Bitcoin have been called "BTC-Token pools"
- The rest of the pools have been catalogued as "Other pools"
Results
Taking into account the aforementinoned type of pools, we can see the trends in the first image. First of all, we can see how the amount of swaps have not changed during these days. The most common pools are the Ethereum-Token pools and the Stablecoin pools, with a huge differents from the rest of the pools. The top 3 is closed by the DeFi DAO pools.
If we take a look at the global distribution during the past 90 days, we can see how almost 80% of the swaps involved ETH-Token pools, and 18.5% Stablecoin pools. Around 1 % involved DeFi DAO pools. The rest of the pools are neglegible in this case.
In terms of liquidity providers, the daily active swappers increased over time. Starting at 400 daily active providers and finishing above 500. In this case, the amount of liquidity providers by the type of pools they are using is more heterogeneous than in the case of actions. In this case, we can see how the ETH-Token and BTC-Token liquidity providers increased over time, while DeFi DAO decreased a little bit. The rest remained equal.
Taking a look at the distribution, it can be seen how the dominance of ETH-Token pools in this case dumped to 41%, while the percentage of the users providing to Stablecoin pools increased to 27.5%. In this case, DeFi DAO pools represents 11.5%. The other pools have also a higher percentage of representation in comparison to the actions percentages.
Finally, taking a look at the number of actions vs number of liquidity providers over these 90 days, we can see the basic trends of the pools. As seen, the most common pools over these days have been ETH-Token pools followed by Stablecoin pools. The rest are neglegible compare with these two main type of pools.
Conclusion
In this dashboard, we have explored the basic trend in the different type of Sushiswap pools. THe analysis has been focused on these main groups: Stablecoin pools, MEME pools, Gaming pools, DeFi DAO pools, ETH-token and BTC-token pools.
Exploring the number of different actions and the number of liquidity providers, it has been extracted the following key points:
- In terms of liquidity actions and liquidity providers, the most common pools are the Ethereum-Token pools and the Stablecoin pools
- The amount of liquidity providers by the type of pools they are using is more heterogeneous than in the case of actions.
- There is a correlation between number of liquidity providers and number of liquidity actions between the type of liquidity pools