Average Trade Sizes

    There are two swaps in Terra Station which are the TerraSwap and native swap. In this dashboard, we will focus on the trades happening on native swaps.

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

    The assets with highest ask are $UST then followed by $LUNA, $KRT, $SDT and then $MNT. $UST is currently ranked 5th on top stablecoins by marketcap. $UST can be deposited to many protocol across Terra ecosystem such as to each 20% APY on Anchor, provide liquidity on Pylon etc. $LUNA can be used to staked or bonded to yield interest, and can be used as collateral to borrow UST. $KRT are used for transaction or payment using app CHAI which is popular in Korea and also just introduced in Vietnam.

    Now, let's see the average trade size per transaction (in USD). $UST averaged at ~10K USD. One interesting observation is that average size traded for $KRT is higher than $LUNA. This might be because how volatile $LUNA is compared to $KRT. There are many whales utilizing $UST hence why we see very high $UST traded for. Now, let's see who's the whales that traded the most $UST.

    Our friendly whale, terra1dtzfwgzt8xa70zkm8gqzwz0n4zrqtngdpqejx5 which traded over 1.5B $UST (second place is only 300M UST) is suspected to be the arbitrage bot that took advantage to sell $LUNA at premium (based from this twitter thread: https://mobile.twitter.com/TheMoonMidas/status/1379175631754309634) because of the burning behaviour.