Introduction

This dashboard allows viewers to examine the details of the supply and borrow rates for wBTC, wETH, USDC, BUSD and SNX in Aave V2, as well as the correlation between the supply of wBTC and USDC borrow rates. To apply all visuals, select the relevant time period and data in the Parameters column.

Topics:

1. Supply Rate for wBTC, wETH, USDC, BUSD and SNX in Aave V2
2. Variable Borrow Rate for wBTC, wETH, USDC, BUSD and SNX in Aave V2
3. Stable Borrow Rate for wBTC, wETH, USDC, BUSD and SNX in Aave V2
4. Total amount of Wrapped BTC supplied over time
5. Supply of wBTC vs USDC borrow rates

Supply Rate for wBTC, wETH, USDC, BUSD and SNX in Aave V2

Variable Borrow Rate for wBTC, wETH, USDC, BUSD and SNX in Aave V2

Stable Borrow Rate for wBTC, wETH, USDC, BUSD and SNX in Aave V2

Total amount of Wrapped BTC supplied over time

• The graphs above shows the amount of wBTC supplied over time and the correlation with USDC borrow rates.
• We can see that there has been little to no correlation between the supply of wBTC and the USDC borrow rates.
• Since November 2021, the borrow rates of USDC has been relatively stable, whereas the amount of wBTC supplied has fluctuated significantly.
• On the other hand, during the beginning of 2021, the supply of wBTC were steadily increasing and the USDC borrow rates has gone up and down substantially.
• As a result, we may conclude that there were no correlation between the supply of wBTC and the USDC borrow rates.

Supply of wBTC vs USDC borrow rates

• The graphs above shows the supply rate for wBTC, wETH, USDC, BUSD and SNX over time in Aave V2.
• As can be seen, in the beginning of 2022, the average supply rate for each token had been below 15% on most of the days.
• However, the supply rate for SNX skyrocketed since the month of May.
• SNX’s supply rate peaked on July 14th with 65.2%.

==Total average supply rate for wBTC, wETH, USDC, BUSD and SNX since the beginning of 2022==

• SNX - 10.07%
• BUSD - 2.33%
• USDC - 1.72%
• WETH - 0.37%
• WBTC - 0.01%

• The graphs above shows the variable borrow rate for wBTC, wETH, USDC, BUSD and SNX over time in Aave V2.
• The variable borrow rate for each token have had an identical trend as the supply rate.
• With the variable borrow rate being relatively consistent during the beginning of 2022.
• Following that the variable borrow rate of SNX skyrocketed in May.

==Total average variable borrow rate for wBTC, wETH, USDC, BUSD and SNX since the beginning of 2022==

• SNX - 10.94%
• BUSD - 3.68%
• USDC - 2.79%
• WETH - 1.25%
• WBTC - 0.39%

• The graphs above shows the stable borrow rate for wBTC, wETH, USDC, BUSD and SNX over time in Aave V2.
• The stable borrow rate for BUSD and SNX has remained 0% since the beginning of 2022.
• USDC has the highest stable borrow rate among all the tokens averaging above 10% on most of the days.
• Stable borrow rate of WETH has increased from around 3.5% to 5% since March.
• WBTC has a fairly consistent stable borrow rate with below 4%.

==Total average stable borrow rate for wBTC, wETH, USDC, BUSD and SNX since the beginning of 2022==

• USDC - 10.39%
• WETH - 4.64%
• WBTC - 3.49%
• SNX - 0%
• BUSD - 0%

Dashboard created by:

Twitter: @rykcrypt

Discord: Rayyy#4817