flipside

    Try Quests to earn cryptoTry Quests to earn crypto
    Share

    Chai Volume

    CHAI is a mobile payments dApp that allows consumers to pay for items online by simply adding their bank account. It is being used mainly in South Korea, where Terraform Labs originated and headquartered in. It is basically like PayPal, ApplePay or any other payment app except this app uses Terra blockchain to store transaction and utilize $KRT, which is stablecoins that is pegged to Korean Won.

    First, let's take a look at CHAI volume for the past 6 months (from March 2021 to August 2021). Last April was the best month for CHAI as we seeing almost 250B KRW in transaction volume. The monthly volume peaked on April and seeing slightly decreasing after that.

    Loading...
    Loading...

    Other than volume, the monthly count of unique users also in decreasing trend.

    Methodology

    1. Aggregate sum of event_amount from terra.transfers table. Filter to CHAI address.