Sushi Activity on Ethereum

    Q96. How did the recent spike in market volatility affect the overall activity of sushi on Ethereum? Analyze both swaps and lendings?

    Method

    I got the volume and number of swaps, borrowing and lending from June 1, 2022 ,based on the following method :

    • Swapping => from ethereum.sushi.ez_swaps table , event_name = Swap
    • Borrowing => from ethereum.sushi.ez_borrowing table , action = Borrow
    • Lending => from ethereum.sushi.ez_lending table , action = Withdraw Union action = Deposit

    The next chart shows daily total volume of swaps from 2022-06-01.On June 13, when bitcoin fell by about 15 percent, the volume of swaps was more than double that of normal days, about 256M.

    The next chart shows daily total number of borrowing from 2022-06-01.On June 19, the highest number of brewing was done with 4.

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    The next chart shows share withdraw vs deposit from 2022-06-01.According to the chart, in the last 1 month, the volume of the withdraw was about 95% and the volume of deposit was 5%.

    The next chart shows daily total volume of lending from 2022-06-01.The highest volume of lending happened on June 27th with 1.25M.

    The next chart shows the daily total deposit and Withdraw from Lending from 2022-06-01.The highest number of lending happened on June 16th with 6.

    The next chart shows daily total volume of borrowing from 2022-06-01.June 29 was the largest volume of borrowing with about 9.5K.

    Swapping

    The next chart shows daily total number of swaps from June 1, 2022. Swaps number have risen when Bitcoin has fallen from 30,000 to 20,000.The highest number of swaps on June 13, 2022 with 14.45K.

    Borrowing

    Lending

    Conclusion

    In the last month, the volume and number of swaps has increased. Deposit and withdraw from lending were compared, which according to market conditions, the volume of withdraw is about 95%, which can be concluded to some extent that people have felt the market conditions and have taken their tokens out of their wallets.

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