Mango Market

Mango Markets offers the industry standard for decentralized, cross-margin trading. With lightning-speed trade execution, up to 5x leverage, near-zero fees, and attractive interest rates for lenders, the Mango Markets experience competes head on with centralized exchanges without any compromise. Mango harnesses the power of Solana, a high-performance blockchain, as well as Serum DEX, a decentralized, permissionless, full limit order book.

Firstly, the Mango protocol enables users to trade with up to 5x leverage, long or short, with limit orders on Serum DEX as a maker or taker. Mango users earn interest on both deposits and positions for extra profit, so you may be earning net interest on your margin position.

Second, Mango users save substantially on Serum DEX trading fees. Serum’s tier structure determines fee rates based on the amount of SRM held in an account; the more SRM in an account, the less you pay in fees and the more you earn as a maker. The highest tier is 1 MegaSerum(MSRM), worth 1 million SRM, and unrealistic for most people to obtain. Luckily, Mango margin accounts are structured such that SRM deposits are combined with all users to collectively reach a higher tier and benefit together when trading on the platform. SRM deposits are exempt from liquidation and not counted toward margin collateral.

Fueling these leveraged positions is our lending infrastructure. Interest rates are a function of utilization: amount of the token borrowed divided by the amount deposited.

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New Users

Is there a consistent of inflow for new users coming to Mango Market?

The chart on the left is illustrating the daily amount of new unique addresses which just joined Mango Market.

• There is a spike on the new users amount during Feb 11 to Feb 24 2022.
• During the period of time daily new users amount has achieved beyond 300 and some days above 400.
• Meanwhile for normal days, there is a constant of 30 to 40 new users joining Mango Market per day.

Daily Matched Orders

• The amount of trades performed on Mango Markets are indicated on the chart on the left.
• Matched Orders has a large fluctuation over the time.
• March and early April 2022, has large sum of Matched Orders on Mango Markets
• Whereas December 2021 to February 2022 and April to early June 2022, has daily Matched Order lower than 200k per day.
• The perpetuals trading on Mango Market has increase back again during middle of June and July 2022.

Daily amount perpetuals

• The number of perpetuals traded over the period of time is consistent.

• There is mostly 14 amount of perps traded on Mango Market daily.

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Daily Traders

• The consistent fluctuation between 100 to 200 of traders on Mango Markets performed trade daily.
• The peak amount of traders per day has reached over 500 per day.
• Since then most of the days are maintained at the similar range of level for the amount of traders on Mango Market.