Try Quests to earn cryptoCAP Finance: a free decentralized trading protocol on Arbitrum
This is an interactive dashboard about CAP Finance stats on Arbitrum, where readers can define their preferred timeframe and see how the platform have evolved.
Overview
CAP is a free, decentralized trading protocol, fully designed to be fast and easy to use by anyone and to be used on Arbitrum network. Through the application, users can deposit and withdrawal funds from different pools like: ETH, USDC and CAP pools.
How it works?
To begin, go to Pool and connect your wallet with the Arbitrum One network selected. By depositing into a pool, your funds will pay out potential trader profits. In exchange, you'll receive a portion of trader losses and liquidations based on your share of the pool.
You can withdraw funds from a pool at any time after a cooldown period has passed since your last deposit. A 0.3% fee is retained on withdrawals to prevent liquidity locusts. This fee is distributed to the other LPs in the pool as a reward.
Pooling is not risk-free. There can be prolonged periods of time where traders in aggregate make profits, which can deplete the capital you deposit into the pool. Other risks include smart contract risk and dark oracle network mispricings, which can lead to instant pool depletions. Consider all of these risks before depositing. Only deposit capital you can afford to lose.
Dashboard functionality
This dashboard is created with the intention to offer a quick view about several metrics of the different CAP Finance pools (ETH, USDC, CAP) such as:
- Number of stakers, unstakers and net stakers over a choosen timeframe
- Total pool tokens deposited, withdrawn and net tokens deposited over the specific timeframe
- Daily staking metrics
- Daily depositing/withdrawing metrics
Steps:
- Choose a timeframe of the list of the “timeframe” button above to see the metrics over this specific period of time.
- Click the “Apply All Parameters” button on the above right side.
- Enjoy the results and observe some important movements.
Conclusions
The observed downturn in all three evaluated pools over the past week, as evidenced by the analyzed data, is a cause for concern for the platform's stakeholders. The negative trend appears to be driven by significant losses in the Total Value Locked (TVL) metric. While it is possible for readers to adjust the timeframe for their analysis, the current state of affairs is less than optimal for the platform.
The decline in TVL suggests that users are withdrawing their funds from the pools, leading to a decrease in liquidity and potentially harming the platform's long-term viability. If this trend persists, it could affect the overall health of the ecosystem and reduce the attractiveness of the platform to potential users.
In light of these developments, we urge our readers to remain vigilant and stay informed about the situation. Our team will continue to monitor the platform closely and provide updates as the situation evolves. It is essential for platform stakeholders to remain engaged and stay informed to make informed decisions about their investments in the platform. We recommend that users exercise caution and carefully evaluate the risks before making any decisions regarding the platform.