First, let's take a look at the total of daily synths mints and burns volume (in USD). We can see that the burn and mint daily volume is almost the same every day since synths first introduced on THORChain.

Graph below shows the nett daily changes (mints - burns) for each synth assets. Some observation;

• BTC/BTC has the most active volume traded. Followed by ETH/ETH, USDC, BUSD and UST.
• The volume for popular synths has been quite trading actively since synths feature went live.

Now let's see the synths nett changes grouped by blockchain. We can see that BTC, ETH and BNB has quite similar active-ness of synths changes and followed by Terra blockchain assets. BCH, DOGE and LTC has very low synths minting and burning.

Note: volume 0.001 = 0/no volume.

THORSynths is an interesting feature that THORChain has launched recently. Synths will be able to be traded locally (as THORChain token) and cheaply. From the analysis above, we can see that this feature has been used actively by users but not for all assets/blockchains.