Solana Protocol Feature
Q97. Choose a defi protocol from the following list and create a dashboard with the new Flipside layout that can refresh once a day highlighting at least 4 metrics of your choosing that helps show the "health" of the protocol and what is happening on it.
Overview
Mango Markets provides a single venue to lend, borrow, swap, and leverage-trade crypto assets through a powerful risk engine.
- Earn interest on deposits
- Cross-Margin / Cross-Collateralised
- Decentralised
Mango Markets is built on the Solana blockchain and utilises Serum DEX for spot margin trading while perpetual futures are traded on Mango Markets' own order book. Mango Markets is governed by MNGO token holders via the Mango DAO.
New users
From the charts above showing the analysis for new users entering the Mango Market. For every new users, there is a one time fee of .035 SOL to open a trading account on Mango Markets.
Daily New users joined Mango Market
- For the first 2 weeks, daily new users joined Mango Market were around 300 to 400.
- Then coming to March 2022, a pitfall in daily new users joined Mango Market has dropped to around 30 to 60.
- During May 11 and 12, there were a slight increase to around 100 per day.
- Then, for the rest of the time, there were back level at 30 to 50.
Daily total & average SOL deposited to Mango Market by new users
- There is no consistent trend for SOL deposited into Mango Market for both total and average.
- However, in the middle of June 2022 the new SOL deposit amount to Mango Market has drop below 3 on daily.
Daily Trading Analysis
Daily amount of traders
- Daily amount of traders on Mango Market range between 100 to 200.
- The maximum amount of traders on Mango Market has reached above 500.
Daily amount of Matched Orders
- The amount of Match Orders on Mango Markets swings from time to time.
- There is a huge amount of Matched Orders during end of February and March 2022.
- Then the trading cold down during April to early June 2022.
- However, in June and July 2022 the daily amount of Matched Orders has surged again.
Cumulative Matched Orders and Traders on Mango Market
- Over the course of time, there is total of 38k traders on Mango Market
- While the amount of matched orders has reached up to 51 Million transactions.