Introduction

What Is Solana (SOL)?

Solana is a blockchain platform designed to host decentralized, scalable applications. Founded in 2017, it is an open-source project currently run by Solana Foundation based in Geneva, while the blockchain was built by San Francisco-based Solana Labs.

1Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees than rival blockchains like Ethereum. The cryptocurrency that runs on the Solana blockchain—also named Solana (SOLUSD) and using the ticker symbol SOL—soared almost 12,000% in 2021 and at one point had a market capitalization of over $66 billion,

making it the fifth-largest cryptocurrency by this measure at the time.2

Despite its popularity, SOL did not escape the cryptocurrency bloodbath of 2022. By Oct. 3, 2022, SOL had dropped to about $11.71 billion in market capitalization. It also fell to ninth place in market capitalization.3 Learn more about Solana and what makes it unique among thousands of imitators.

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.

Mango Markets is completely open source,

we see this transparency as vital for the project as it increases the amount of people who understand and can improve the project. The DAO frequently sponsors grants for developers to extend, integrate with or try to break the project. Present your idea on the governance forum if you would like to receive financial support

Method

In this chart collection bot dashboard we try to check the following and understand what happened in the Solana defi ecosystem since the Mango Markets hack?

Has activity increased? decreased? Are users flocking to certain defi programs? Do they leave the ecosystem? Graph flows in and out of centralized exchanges from the Solana ecosystem. Has betting behavior on Solana changed since the hack?

To obtain the data, the tables solana.core.fact_events, solana.core.dim_labels, solana.core.fact_staking_lp_actions, and solana.core.fact_nft_sales, etc. are used, and the date range is from '2022-10-01' onwards. I divided them into two categories: before hacking and after hacking

Stake and UnStake in time before and after the hack

🔎 Analys

We can see in daily data analysis The number of transactions in the general data has decreased after the hack,

but after the hack on October 12, the number of transactions has suddenly increased in Defi. This is also the case in the number of users in such a way that the number of users decreased after the hack

and the number of users in Cefi increased by 17.5K the day after the hack, which is a remarkable increase.

The number and volume of NFt sales before and after the hack

Display data based on Defi App

Display the number of users and transactions based on Cex

Conclusion

In all the graphs above, you can see that hacking did not affect the market and some markets showed an increase in these graphs

The graph below shows the number of Defi and Cefi transactions and users.

🔎 Analys

As it can be seen that the volume

of staking decreased after the hack,

it did not affect

the number of users and

the number of transactions.

🔎 Analys

It can be seen in the line graphs of the section that The sales volume did not change

much after the hack and in the early days

, but it suddenly

reached 184.2 k on October 15. The number of transactions has been

decreasing due to hacking There is no significant effect on the number of buyers and sellers

Display data by label type

In the graph on the right in the number of attacks based on Defi App, it can be seen that the day after the hacking of Solend users, there was a significant increase. And this amount reached 1588 users on October 12

This data has not changed much in the number of transactions, but it continues to decrease after the hack

🔎 Analys

In the display of data based on the sticker,

it can be seen that the data of the number of users increased in NFTs on October 5,

and the trend decreased until the hacking time of October 11,

when the trend increased. In CHadMin, this routine has increased on October 11 and has reached 27 k

In the number of transactions, it can be seen that the exit market from Cex has not changed significantly and has been increasing It can be seen that CoinBase and Ftx have the largest shares,

which on October 11 reached 5019 for CoinBase and 4868 for Ftx. This trend is also increasing in Marban, and CoinBase and Ftx have the largest share of this chart.

AreThe increase in the daily volume can be seen after the hack In all charts,

after the CoinBase hack,

Ftx and Kraken do not have the main market share in the chart based on volume

In the number of transactions in the input chart in Cex,

you can see that the transactions have increased after the hack, and Ftx and CoinBase had the largest share. Also, the number of users increased on October 11,

as you can see, Ftx and CoinBase have the most active users.

And you can see that the volume of the market has been increasing,

which indicates that the hack did not affect this market

To create this dashboard from

Discord: 0xHaM☰d#8391

Help has been received

THANK YOU FOR READING!

Analysis is for Mohsen

Twitter: mohsen.dastpeyman

Discord_id: mohsen#4796

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