Initial swap volumes of LUNA and UST

    In this dashboard, we will compare the first three days swap volume after integration into THORChain for DOGE and TERRA network.

    Loading...

    Graph below shows the first three days of swap volume and user count after integration. For DOGE network, the pool DOGE.DOGE has around 350K USD swap volume in the first 3 days while TERRA.LUNA has over 2M USD swap volume and TERRA.UST has 4M USD swap volume. Same pattern can be seen with number of users count.

    Loading...
    Loading...

    Popular swap pair for DOGE pool was from THOR.RUNE to DOGE.DOGE while for LUNA pool, THOR.RUNE to TERRA.LUNA. And for TERRA.UST pool, more popular was swap from THOR.RUNE to TERRA.UST.

    In conclusion, the best Terra integration has been very successful and the initial swap volume supports this hypothesis. Decentralized stablecoin will be very important in a multi-chain future as it is needed as the common denominators. So Terra integration into Thorchain is a win-win situation because it brings more value to both ecosystem.