Introduction

In this approach, I use the udm_events table from Ethereum database and filter raws by Bentobox V1 contract address to show the deposit size per user in 2022 and 2021.

To get familiar with Bentobox you can read The Power of BentoBox Reinvents DeFi article on Medium.

In the following I will discuss:

• Average deposit size per user in 2021 Vs 2022
• Top 10 Token deposited to Bentobox
• Average number of coins(MIM, xSUSHI, FTM, FTX Token) deposited per user

Results & Discussion

At the first, by using the udm_events table we will see the average deposit size per user. As you can see the chart is split into two parts based on the year.

As the following chart shows, the average deposit size per user grew significantly from Sep 2021. the most Volume(4.465M) deposited per user occurs on Nov 13, 2021. In 2022, the most Volume until now was deposited on Jan 13 by the 1.64M per user.

the chart below shows the number of users that deposit assets to the Bentobox. as you can see, the average number of users in 2021 is about 90 users per day, although, on 18, 26 Nov, and 4 Dec 2021, we can see peaks that have 289, 410 and 706 users respectively. Also, on 22th Jan 2022, the most number of users (729) deposited assets to the Bentobox.

The following chart shows the top 10 tokens based on the USD amount deposited to Bentobox are shown. Magic Internet Money(MIM) is placed in first place with 83.6% and in the second place, xSUSHI is with 5.36%. In third and fourth place are FTM and FTX Token with 4.12% and 3.53%, respectively.

Based on SUSHI's website, these four tokens also have the most liquidity volume on the Bentobox. you can see the following image from Bentobox analytics.

In the following, the average number of MIM, xSUSHI, FTM, and FTX tokens deposited per user are shown. The highlight of the chart is the high number of FTM tokens in the weeks of August 30, September 6, September 13, and September 20, which are the maximum points of the chart. Note that this chart is provided on a weekly basis.

Let's see these data in a time series format that Flipside provides for us.

at the last let's see the top tokens on this date. as you can see USDC and SHIB are the new token on the list but compared to MIM, their Volume is not considerable.

As mentioned above, on November 12, 2021, and January 13, 2022, we saw the largest volume of Bentobox entries. Let's take a closer look at these two days.

the chart shows the top 10 addresses that transferred assets with the most volume into Bentobox. I explore the address on etherscan.io, you can see more information about these addresses. for example, the first address is related to Curve.fi.

And we can see the top 10 tokens on Nov 12, 2021, in which MIM has the first place with a big difference compared to other tokens.

In the following the top 10 addresses on Jan 13, 2022, are shown. Which again is the first address related to the Curve.fi platform; 97% of the volume is related to this address!

Conclusion

Based on the result we can say:

• MIM, xSUSHI, FTM, and, FTX token are the 4 assets with the largest volume transferred to Bentobox.
• Since the beginning of September 2021, the volume transferred to Bentolax has increased significantly.
• The address related to the Curve.fi platform had the largest volume transferred to Bentobox.