From the bar chart, it is evident that Trader Joe V2 and Trader Joe V1 have the highest deposit volumes among the listed platforms. Specifically:

• Trader Joe V2: This platform leads with the highest deposit volume, indicating its popularity and possibly higher liquidity or better user incentives.
• Trader Joe V1: This version also shows significant deposit volume, though slightly less than V2, suggesting a strong user base that might still be transitioning to V2.
• Uniswap V3 and WooFi: These platforms also show notable deposit volumes but are markedly lower than Trader Joe V1 and V2.
• Pangolin, Sushiswap, GMX, and Kyberswap V1: These platforms have comparatively lower deposit volumes, indicating lesser user engagement or liquidity.

Pie Chart Analysis

The pie chart, titled "Most Platform Deposit in to Avalanche," provides a percentage-based distribution of deposits across the same platforms. The key insights are:

• Trader Joe V2: Dominates with 33.95% of the total deposits, reinforcing its leading position on the Avalanche blockchain.
• Trader Joe V1: Holds 30.52% of the deposits, showing a significant portion of users still active on the older version.
• Uniswap V3: Accounts for 14.36% of the deposits, making it the third most popular platform.
• Other platforms like GMX, Pangolin, WooFi, and Kyberswap V1 have smaller shares, each contributing between 6-7% of the total deposits.

Conclusion

The analysis underscores the dominance of the Trader Joe platform, particularly the V2 version, in terms of user deposits on the Avalanche blockchain. This could be attributed to various factors such as better user incentives, higher liquidity, or more advanced features compared to its competitors. The substantial deposit volumes in Trader Joe V1 also suggest a loyal user base that has yet to fully transition to V2. Uniswap V3, while popular, lags behind Trader Joe in terms of deposits, and other platforms like Pangolin, Sushiswap, GMX, and WooFi capture smaller market shares.

In summary, Trader Joe V2 is currently the leading DeFi platform on Avalanche by deposit volume, followed closely by its predecessor, Trader Joe V1. This dominance highlights the platform's strong position and user preference in the Avalanche DeFi ecosystem.

Total Users and Swaps

• Total Users: The platform has amassed a total of 270.4k users.
• Total Swaps: There have been 1.8 million swaps conducted on the platform.

These figures indicate a robust user base and high transaction activity, suggesting strong engagement and liquidity on the platform.

Most Deposited Tokens

• USDC and WAVAX are the most deposited tokens, emphasizing their popularity and widespread use on the platform.
• USDT, WETH.e, and QI also see significant deposits, indicating a diverse range of token preferences among users.

Most Swapped Tokens

• USDC, WAVAX, and USDt dominate the swap activities.
• JEWEL-WAVAX and JOE-WAVAX tokens are also frequently swapped, showing a diverse trading interest.

Pool Dynamics

• The most active pools for swaps include SHOE-WAVAX and MIM-USDC.
• The most significant pool deposits are seen in SHOE-WAVAX and MIM-USDC, indicating these pairs are highly attractive for liquidity providers.