Q10.

Create at least 3 metrics on Velodrome with a description for each that showcase traction and success in a data-driven manner.

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Info

Velodrome Finance, at its core, is a solution for protocols on Optimism to incentivize liquidity for their use cases properly. Building on the groundwork Solidly laid out, our team has addressed that first iteration's core issues to realize its full potential.

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Methods

Deposit and withdraw

Number of transactions

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• In total, the number of deposited transactions was more than the number of withdrawn transactions.

• The highest number of transactions was on August 3rd,2022.

  On this day, 2812 transactions of all transactions were deposited transactions, and 378 were withdrawn transactions.

• The highest number of withdrawn transactions was on August 11th, with 743.

• The highest number of deposited transactions was on August 3rd, with 2812.

USD volume

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• The highest USD volume of withdrawn transactions was on August 4th. On this day, the USD volume of this action was 17.5 million USD.

  On this day, the deposited transactions volume was almost 10 million USD.

• The highest volume of deposited transactions was on July 27th. On this day, the volume of USD that was deposited was 15.7 million. On this day, 5 million USD was also used to make withdrawn transactions.

TVL

Average deposit

Daily

Number of user

• The highest number of users who had transactions on Velodrome was on July 28th. On this day, the number of users was 1649.
• The lowest number of users was on June 15th, with 131.
• The only day that number of users grew noticeably was August 4th. On this day, the number of users was 31.5k. The previous day (August 3rd), the number of users was 30.15k.
• The number of users started at 131 on July 15th and increased to 42k on August 17th.

Number of transactions

• The highest number of transactions was on July 29th. On this day, 71.18 transactions happened on Velodrome.

• After this day, the number of transactions decreased noticeably.

• The lowest number of transactions on Velodrome was on August 5th, with 1702 transactions.

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USD volume

• The highest USD volume of all the transactions that happened on a day on Velodrome was on July 29th.

  On this day, the volume was 94.1 million USD.

• The lowest USD volume was on August 5th with almost 2.30 million.

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Velo price

• The highest value of the Velo (the Velodrome native token) was on July 30th. On this day, the value of Velo was 0.08 USD.
• The lowest value of Velo was on June 14th at 0.0069 USD.

Lock

Number of users

• The highest number of users who locked their assets was on July 27th. On this day, the number of users was 327.

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• The lowest number of users who locked their assets was on August 5th, with only 13.

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• The growth of the number of users had a little spike on August 4th. The number of users who locked their value was 5824 on August 4th, which compared to the previous day, which was 5687, had a little growth.

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Number of transactions

• The highest number of transactions in order to locked assets was on July 27th. On this day the number of transactions was 410.
• The lowest number of transactions of locked assets was on August 5th with only 17.

Velo volume

• The highest volume of Velo that locked in Velodrome was on June 15th with 23.3 million.

• Almost 78k Velo locked on August 5th. This day, the lowest locked Velo volume.

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• The Velo locked volume had spiked on July 27th. The Velo volume on this day was 140.6 million. The Velo locked volume was 121.4 million on July 26th. The Velo locked volume increased by almost 19 million on July 27th compared to the previous day.

USD volume

Unlock days

• The period of time that users can unlock their assets was more than two years. 2309 users can unlock their assets in more than two years.
• 816 users can unlock their assets in under a month.
• 759 users can unlock their assets in under a year.
• 411 users can unlock their assets in a week.
• And finally, 60 users can unlock their assets for more than a month and under in two years.

• The highest TVL was on July 30th. On this day, the total volume locked was 106 million.
• The highest positive change in the total volume locked was on July 30th. On this day, the TVL change was 11.7 million.
• The highest negative change in TVL was on August 11th. On this day, the TVL change was -11.4 million.
• From August 9th till August 15th, the TVL changes were negative.
• From July 7th till August 1st, the TVL changes were positive.

• The highest USD volume that was locked on Velodrome was on July 27th, On this day, the USD volume was 1 million USD.

• The USD locked volume had spiked on July 27th. The Velo volume on this day was 4.27 million. The USD-locked volume was 3.26 million on July 26th. The USD locked volume increased by almost 1 million on July 27th compared to the previous day.