Introduction

As per description, this dashboard will investigate what are the top 5 Kashi Pairs for each of the categories stated.

What are Kashi Pairs?

"Kashi is a lending and margin trading platform, built on the BentoBox, that allows for anyone to create customized and gas-efficient markets for lending, borrowing, and collateralizing a variety of DeFi tokens, stable coins, and synthetic assets. Kashi's broad diversity of tokens is supported through the use of a unique isolated market framework. Unlike traditional DeFi money markets where high-risk assets can introduce risk to the entire protocol, in Kashi, each market is entirely separate (similar to the Sushiswap DEX), meaning the risk of assets within one lending market has no effect over the risk of another lending market."

Top 5 Kashi Pairs by the number of loans they have generated

Top 5 Kashi Pairs by the Total Volume

Firstly, just to get the overall picture, let's look at what are the top 5 Kashi Pools based on the amount of USD locked in them.

As we can see, there is not a lot of difference in the total volumes in each Kashi pool. The one with the biggest TVL is xSUSHI/DAI-LINK pair, however, the rest are very close to it! Next, let's look at the specific cases established in the description to see how the pools compete against each other...

As we can see, there is a difference between the pools based on the number of loans they have given out. The pair with the most loans given out is xSUSHI/DAI-LINK - because users like to go with the medium risk, i.e. stablecoin loans. The second-best pair when it comes to giving out loans is xSUSHI/USD-LINK, again, stablecoins for the win!

The next step is to look at the collateral added to each pair in order to see what the top 5 pools are.

Top 5 Kashi Pairs based on the total collateral deposited

Again, we can see that when it comes to the number of times users deposit collateral, xSUSHI/DAI-LINK wins. The other pairs don't have a lot of collateral transactions, for example, the second-best pair is the WETH/DAI-LINK pair with only 204 collateral adding transactions...

Here we can see the top 5 Kashi pairs based on the $ amount of collateral deposited. What we have to keep in mind is that this is the average amount added per user, in order to get the total amount we would have to multiply the count of transactions by the average amount deposited. Once this calculation is done, we can see that xSUSHI/DAI-LINK is not the top 1 pair anymore; instead, the pair with the biggest collateral added is LINK/DAI-LINK pair.

Conclusion and further work

Doing the analysis based on each category, i.e., for the total volume locked, the number of loans given out or the total collateral deposited yields different results. For the total volume, xSUSHI/DAI-LINK is the best pair, as well as for the number of loans given out. On the other hand, the pair with the biggest total collateral added is the LINK/DAI-LINK pair.

The next step would be to also look at how the pairs compare based on the availability for lending. I could not get this analysis within this dashboard as I wasn't sure how to do the calculation for a stable inflow-outflow from all sources for each pair - sorry! I hope this analysis provides you with sufficient insights into the different Kashi Pairs! :)