Deposit and withdrawal statics from MakerDao, Aave and Compound.

• The graphs basically shown us the deposits Vs withdrawals percentages after Oct 2021 and we can clearly see that the deposits in MakerDao is 51.5% Vs the 48.5% in MakerDao compare with Aave and Compound. Meaning that there are less deposits for the other 2 platform after Oct 2021.
• On the day charts, there are more depositors and withdrawals in Aave daily chart which reaching 2.5k on 7th May 2022 and it's been stagnant around 500 range per day. This spike causing the spike of deposited/withdrawals in term of volume on corresponding chart.
• For Compound, there are more withdrawals than depositors and there isn't much volume lately after April 2022 and it's volume has been declining since July 2022.
• For MakerDao, we can still seeing the deposits/withdrawals volume after Oct 2021 and there are a few spike on July 2022 which is a good sign for MakerDao as the number of deposits exceeding withdrawals compare with the other 2 platform.

Cumulative stats in USD volume for 3 platforms.

• Overall the cumulative USD volume has been increasing over the year from 2021 to 2022 for MakerDao, Aave and Compound.
• The volume in MakerDao has been increasing since the past year and there were a few spike on Jan, April and July 2022.
• For Aave, the volume sligjhtly spike on 12th May 2022 and 13 June 2022. But it has been stagnant after that.
• For Compound, the volume has been declining since Jan 2022.

Distribution of tokens in the 3 platforms. (MakerDao, Aave and Compound)

• The graphs show us that the tokens distributions in each platform.
• MakerDao has a 100% of WETH due to the nature of every single DAI which is minted , the corresponding amount of WETH will be deposited on the platform and so 100% on WETH.
• In Compound, there are roughly 57.7% of DAI, 17.7% of ETH, 16.2% of USDC, 3.96% of WBTC and 3.49% of USDT. The rest are less than 3%.
• In Aave, there are 39.9% of WETH, 21.4% of DAI, 18.1% of USDC, 7.99% of USDT, and 6.88 of WBTC. the rest are less than 3%.

Analysis: Clearly this shows the popular tokens on these platform are WETH, DAI, USDC, USDT, WBTC. Mostly stablecoins are being deposited/withdrawn from these platforms.

Distribution stats over time

• The graphs show the distribution of tokens in 3 platform over time.
• For Compound, majority of the tokens deposited or withdrawn are DAI, in AAve and MakerDao is WETH.

Top 10 withdrawn and deposits addresses sorted by USD (Compound)

• The top withdrawn address that withdrawn the most volume is 0x0f7d716eeeac23f33fbc7dfeec43ee94435158e7 which consists of 45.4% from the overall volume percentage in the top 10.
• The top depositors in Compound is 0x8aceab8167c80cb8b3de7fa6228b889bb1130ee8 which deposited 26.1% followed by 0x2a1739d7f07d40e76852ca8f0d82275aa087992f1 at 19.8%, 0x1d1e63975486dfa6e7f28448ae224c9f41588642 at 10.5% and the rest below 10%.

Top 10 withdrawn and deposits addresses sorted by USD (Aave)

• The top depositors is 0xfffff73b511802ad4e51807dc516c191f23e9a6f which has a deposited rate of 86.8%.
• The top withdrawals address is 0xa0557234eb7b3c503388202d3768cfa2f1ae9dc2 which withdrawn 47.8% , followed by 0x8fffcd4c45467144e37be379da3e794060c6da9c at 22.8% and 0xa0e0a325e668d4be65138f80e5d3500b13202671 at 10.6%. The rest less than 10 %.

Top 10 withdrawn and deposits addresses sorted by USD (MakerDao)

• The top depositor address is 0xa6e2e910515e6cf485462eeb6e454df33c60cb0e which is at 84.5%.
• The top withdrawals address is 0x65b0bf8ee4947edd2a500d74e50a3d757dc79de0 at 48.8% , followed by 0x741aa7cfb2c7bf2a1e7d4da2e3df6a56ca4131f3 at 28.9% and the rest less than 7%.

What is MakerDao?

MakerDAO is a decentralized global reserve bank that resides on the Ethereum blockchain. The Maker protocol leverages Ethereum smart contracts to automate the collateralization and lending of its stablecoin (called DAI), as well as provide other functionalities (like governance, for example).

In essence, MakerDAO has adapted the central banking model to the blockchain and opened up its governance to a network of token holders (MKR holders). As a decentralized central bank running on the blockchain, the protocol provides a stable cryptocurrency, also referred to as a stablecoin.

WHAT IS DAI AND HOW DOES IT WORK?

Dai (DAI) is a hybrid stablecoin that is backed by a basket of underlying assets, automated mechanisms, and external actors to maintain its stable peg to the USD. For every DAI being minted there is a corresponding amount of ETH held in MakerDAO smart contracts. The contracts are referred to as collateralized debt positions (CDPs). Users can lock up ETH in CDPs and new DAI tokens will be released to them in exchange for the collateral.

Introduction

In this dashboard, we are going to use BLOCK_TIMESTAMP::date >='2021-10-01' to filter data after Oct 2021 until today and we’re going to compare the deposits tables from similar platform such as Aave and Compound to make some comparision using the ez_deposits table and the ez_withdrawals on Ethereum.

Table of contents:

• Deposit and withdrawal statics from MakerDao, Aave and Compound.
• Cumulative stats in USD volume for 3 platforms.
• Distribution of tokens deposited and withdrawn from MakerDao, Aave and Compound
• Distribution of tokens over time in 3 platforms.
• Top 10 withdrawn and deposits addresses in 3 platforms.