Hello! In this dashboard we are tracking the stablecoins activity on the Kashi Markets, the lend and borrowing platform of the SuhiSwap

At first let’s find all stablecoins deposited in Kashi markets for lending in recent 180 days:

As we see USDC is the main token used for lending on Kashi bay far with almost 2000 deposit times, USDT and Dai are next ones, also main usagaes of Kashi lending is on Ethereum compared to the Polygon, the diagram below shows each token and also the chains shares in the deposit transactions:

We see almost %90 of the transactions are on Ethereum and USDC is most deposited token having almost % 93 shares of deposits.

Here we are looking to $USD value of the deposits:

USDC is in first place still, but if we look deeper, we see although USDC has %93 share of the transactions, but in Value the superiority is not strong as transaction counts, in fact USDT transaction had higher $USD value comparing USDC .

Just like transaction counts table, here also Ethereum have the solid superiority comparing with Polygon.

After tracking lending transactions, lets see which stable coins has been deposited to kashi as collateral in order to borrow an asset in recent 180 days

Here variety of tokens is lower compared to deposits for lending and also transaction counts are much lower! let’s look deeper:

Again USDC’s Share is much higher than other ones in transactions, but Ethereum’s dominance is collateral transaction not strong as lending and Polygon chain is user more here

it’s time to see the $USD value of collaterals now:

Looks like it’s all about USDC! with more than 15k in $USD, Uscd is the most value collateral between the stable coins, having %99 of total value of the collaterals.

Ethereum is still most wanted here but not as high as lending transactions, Specially in DAI!

Conclusions:

• USDC is the most used stable coin on Kashi for both lending and borrowing transactions and also the amounts.
• USDT deposit for lending have some high amounts comparing to their transaction counts.
• Polygon chain has more popularity in borrowing transaction than lending.
• Total amounts of stable coins transaction in lending is much more than borrowing, maybe users prefer to lend stable coin more instead of using them as collateral for borrowings.