Introduction

In this analysis, you will read about some metrics for velodrome to see how healthy velodrome is. I went through Velodrome data on flipside and analyzed some metrics for:

• Velodrome Swaps

• Velodrome Votes and Unvotes

• Velodrome LP actions

• Velodrome Staking actions

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What is Velodrome?

• Velodrome is an AMM modeled on Solidly and designed to be a public good that provides deep liquidity and low slippage to token pairs critical for the growth of the Optimism ecosystem.

• What is Optimism?

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• Optimism is a Layer 2 scaling solution for Ethereum that can support all of Ethereum's Dapps. Instead of running all computation and data on the Ethereum network, Optimism puts all transaction data on-chain and runs computation off-chain, increasing Ethereum's transactions per second and decreasing transaction fees.

Methodology

• For gathering data in this analysis i used optimism.velodrome tables. For swaps i used optimism.velodrome.ez_swaps table and analyzed Daily swaps and daily swap volume and daily swap volume in USD and daily swappers and also i analyzed these metrics for pools too
• For Votes and Unvotes i used optimism.velodrome.ez_votes table and analyzed daily votes and unvotes and daily votes volume and daily voters and unvoters and these metrics for pools too
• For LP actions i used optimism.velodrome.ez_lp_actions table and analyzed daily lp actions and daily lp actions volume and daily lp actions doers and these metrics for pools too
• And at last for Staking actions i used optimism.velodrome.ez_staking_actions table and analyzed daily staking actions and daily stake volume and daily stakers and these metrics for pools too

I used flipside data and optimism.velodrome table for all of them and all of the data that i gathered are from June 15th 2022 until Current_date .I also compared several pools with these metrics to each other

Velodrome Swaps

• Daily Swaps
• Daily Swap Volume and Daily Swap Volume in USD
• Daily Swappers
• Pools Swaps
• Pools Swap Volume
• Pools Swappers
• Pool fees in USD

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• As we see in the bar chart the highest swaps was on July 29th 2022 and the lowest was on August 5th 2022
• Velodrome wallet has been hacked on August 4th and the hacker stole 350k$ and for this reason users paniced and didnt do anything the day after that

• July 29th and July 30th Daily swap volume and the volume in usd recorded their ATH and their ATL was on August 5th

Velodrome wallet has been hacked on August 4th

OP/USDC has the highest number of swaps and also the highest swap volume

• WETH/USDC and OP/USDC have the highest number of swappers than other pools
• USDC/alUSD has the highest fee in USD than other pools

Velodrome Votes and Unvotes

• Daily Votes and Unvotes
• Daily Votes Volume
• daily Voters and Unvoters
• Pool Votes and Unvotes
• Pool Votes Volume
• Pool Voters and Unvoters

• August 12th has the highest number of votes and unvotes
• August 5th has the lowest number of votes and unvotes
• After July 13th number of votes and unvotes increased smoothly
• July 6th has the highest votes and unvotes volume
• August 5th has the lowest volume of all time
• The volume gets pump and dump day by day
• The highs and lows of volume are almost the same

• Number of voters and unvoters increased smoothly after July 13th
• the highest number of voters and unvoters was on July 28th
• The lowest number of voters and unvoters was on August 5th because the hack

• VELO/USDC and OP/USDC have the most votes,voters and unvotes,unvoters than others
• WETH/AELIN has the lowest votes,voters and unvotes,unvoters than others
• VELO/USDC pool has the most volume than others with a huge number(603M) and the second pool is OP/USDC with 279M volume

I limited the first 10 pools by votes or voters or volume with the help of order by

Velodrome LP Actions

• Daily LP actions
• Daily LP actions volume in USD
• daily LP actions doers
• Pool LP actions
• Pool LP actions volume in USD
• Pool LP actions doers

• August 3rd and August 4th was the highest LP actions and LP actions volume in USD

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• The lowest volume and number of LP actions was 5 August because ot the hack

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• The volume and number of LP actions smoothly increased after July 14th

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• After July 14th number of doers also increased in it effects on the volume and LP actions

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• August 11 has the most LP actions doers of all time and Aug 5th has the lowest

• The number of doers decreased since last week and after the doers ATH(Aug 11th)

• VELO/USDC has the most LP actions(26.5k)

• USDC/sUSD has the highest volume than others(85M)

• USDC/agEUR has the lowest volume(agEUR is a EURO stablecoin)

• OP/USDC and VELO/USDC have the most doers than other pools

• They have 3543 doers together and and this is more than the others sum

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I limited the first 10 pools by votes or voters or volume with the help of order by

Velodrome Staking actions

• Daily Stakes

• Daily Stake Volume

• Daily Stakers

• Pool Stakes

• Pool Stake Volume

• Pool Stakers

• August 3rd has the most number of stakes (3259)
• July 28th has the most stake volume over time with almost 2.5M
• August 5th has the lowest number of stakes and volume and number of stakers because the hack that happend on Aug 4th and i mentioned it earlier
• Number of stakes and stakers and volume increased smoothly after July 14th
• The stakes and stakers chart are pretty the same that means the number of stakers effects directly on number of stakes --→(more stakers=more stakes)

• VELO/USDC has the most number of stakes
• VELO/OP and OP/L2DAO each have more than 8M volume and its more than the sum of the rest of them
• OP/USDC and VELO/USDC have the most stakers
• More stakers brings more stakes thats why this 2 pools have that much volume

I limited the first 10 pools by votes or voters or volume with the help of order by

Conclusion

• July was a good month for Velodrome
• August wasnt that good for Velodrome because it has been hacked and the hacker guy stole 350000$ from the Velodrome wallet
• VELO/USDC and OP/USDC are popular pools for almost every part that i analyzed
• In the mid July Velodrome had reached its peak performance
• August 4th and 5th was a very very bad and sad day for the project
• Number of swappers or stakers or voters or LP actions doers effects directly on the swaps or stakes or votes or LP actions
• Almost 85 percent of people depositing and minting and just 15 percent of them withdrawing or burning their assets

This dashboard written by Sbhn_NP#8717 on August 17th 2022

Data from flipsidecrypto