Stablecoin Swappers
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Description:
In this Dashboard we are going to compare the behavior of USDC Swappers with BUSD Swappers and look at their volume and swap Rate.
so we follow this steps:
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find the daily volume swapping to USDC and BUSD
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find the total volume swapping to USDC and BUSD
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find the daily volume swapping from USDC and BUSD
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find the total volume swapping from USDC and BUSD
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find the USDC swap rate per day
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find the BUSD swap rate per day
Note:
- we use from [ flipside_prod_db.thorchain ] schema and [swaps ] table
- all the data in this query is since 1 January 2022
Conclusion:
as the results
- BUSD has more Swapping volume compared to USDC since January
- BUSD has far better Swap compared to USDC swap rate
The below chart show the total volume of swapping to BUSDC and USDC since 1 January which we see BUSD has a high volume compared to USDC
The below chart shows the total volume of swapping from BUSD and USDC, which BUSD Compared to USDC has more high Volume.