Introduction

On Oct. 12, one day after $117 million was drained from Solana DeFi platform Mango Markets via a price feed exploit, the hacker responsible for the attack demanded a settlement. The proposal was filed on the Mango Markets decentralized autonomous organization (DAO) governance forum.

What has been happening in the Solana defi ecosystem since the Mango Markets Hack?

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Has activity increased? Decreased? Are users flocking to any particular defi apps? Are they leaving the ecosystem? Chart flows in and out of centralized exchanges from the Solana ecosystem. Has staking behavior changed on Solana since the hack?

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Note any trends or outliers you see in Solana defi.

• DEFI Transactions

  • As shown on pie chart since Mango Hack, serum had most number of the transactions among all DEFI with 85.6% and more than 28M transactions. it is more than 13 times of number two and three DEFI which is zeta with 2M transactions and mango markets with 2M transactions.
  • Bar chart shows decreasing trend for DEFI transactions after the Mango Hack in which serum had most share of them in each day and most number of transactions occurred on Oct 11th on serum with 8,405,749 transactions.

• DEFI Users

  • As shown on pie chart since Mango Hack, serum had most number of the users among all DEFI with 59.5% and more than 10K users . it is more than 3 times of number two DEFI which is solend with 3.4K users and more than 10 times of number three DEFI which is jupiter with 1K users.
  • Bar chart shows decreasing trend for DEFI users after the Mango Hack in which serum had most share of them in each day and most number of users occurred on Oct 11th on serum with 4,203 users.

Approach

I have calculated the asked information in the question and some extra information in several sections shown below since October 1th which mango hack happened

1. DEFI Transactions & Users
2. CEX Transactions & Users & $SOL Transfer & Average $SOL Transfer(To/From)
3. DEFI Staked Users
4. Swap Program Swaps & Swappers(Extra)
5. Swap Program Transactions & Users & Fee(Extra)

DEFI Transactions & Users

This section shows total/daily number of transactions and users of each DEFI since the Mango Hack

CEX Transactions & Users & $SOL Transfer & Average $SOL Transfer(To/From)

This section shows total/daily number of transactions, users, Solana transfer and average Solana transfer of each CEX since the Mango Hack

• To CEX Transactions

  • As shown on pie chart since Mango Hack, ftx and coinbase are two CEXs which had most number of the transactions among all CEXs with combined 91.6% and more than 46M transactions. next three CEXs are kraken, huobi global and gate.io with combined 7.32% of transactions
  • Bar chart shows decreasing trend for CEX transactions after the Mango Hack in which ftx and coinbase had most share of them in each day and most number of transactions occurred on Oct 13th on ftx with 8,723 transactions.

• To CEX Users

  • As shown on pie chart since Mango Hack, ftx and coinbase are two CEXs which had most number of the users among all CEXs with combined 86% and more than 15K users. next three CEXs are kraken, gate.io and huobi global with combined 11.82% of users.
  • Bar chart shows decreasing trend for CEX users after the Mango Hack in which ftx and coinbase had most share of them in each day and most number of users occurred on Oct 11th on coinbase with 3,046 users.

• To CEX Solana Transfer

  • As shown on pie chart since Mango Hack, kraken, ftx and coinbase are three CEXs which had most amount of $SOL transfer among all CEXs with combined 96.5% and more than 5M $SOL. next three CEXs are huobi global, gate.io and bitfinex with combined 3.4% of amount of $SOL transfer.
  • Bar chart shows increasing trend for CEX amount of $SOL transfer which maxed on Oct 13th with 2.1M $SOL, after the Mango Hack in which kraken, ftx and coinbase had most share of them in each day and most amount of $SOL transfer occurred on Oct 12th on ftx with 835,957 $SOL.

• To CEX Average Solana Transfer

  • As shown on pie chart since Mango Hack, kraken and bitfinex are two CEXs which had most amount of average $SOL transfer among all CEXs with combined 80% and more than 1.3K $SOL. next three CEXs are ftx, gate.io and huobi global with combined 13.65% of amount of average $SOL transfer.
  • Bar chart shows increasing trend for CEX amount of average $SOL transfer which maxed on Oct 14th with 2.3K $SOL, after the Mango Hack in which kraken and bitfinex had most share of them in each day and most amount of average $SOL transfer occurred on Oct 14th on kraken with 1,802 $SOL.

• From CEX Transactions

  • As shown on pie chart since Mango Hack, ftx and coinbase are two CEXs which had most number of the transactions among all CEXs with combined 89% and more than 37K transactions. next three CEXs are kraken, huobi global and gate.io with combined 9.86% of transactions
  • Bar chart shows mostly steady trend for CEX transactions after the Mango Hack in which ftx and coinbase had most share of them in each day and most number of transactions occurred on Oct 13th on coinbase with 6,032 transactions.

• From CEX Users

  • As shown on pie chart since Mango Hack, ftx and coinbase are two CEXs which had most number of the users among all CEXs with combined 87% and more than 15K users. next three CEXs are huobi global, kraken and gate.io with combined 13.11% of users.
  • Bar chart shows mostly steady trend for CEX users after the Mango Hack in which ftx and coinbase had most share of them in each day and most number of users occurred on Oct 13th on coinbase with 3,412 users.

• From CEX Solana Transfer

  • As shown on pie chart since Mango Hack, kraken, ftx and coinbase are three CEXs which had most amount of $SOL transfer among all CEXs with combined 96.6% and more than 5M $SOL. next three CEXs are huobi global, gate.io and bitfinex with combined 3% of amount of $SOL transfer.
  • Bar chart shows increasing trend for CEX amount of $SOL transfer which maxed on Oct 13th with 2.1M $SOL, after the Mango Hack in which kraken, ftx and coinbase had most share of them in each day and most amount of $SOL transfer occurred on Oct 13th on ftx with 1,010,032 $SOL.

• From CEX Average Solana Transfer

  • As shown on pie chart since Mango Hack, kraken is a CEX which had most amount of average $SOL transfer among all CEXs with 53% and more than 764 $SOL. next three CEXs are bitfinex, ftx, and binance with combined 33% of amount of average $SOL transfer.
  • Bar chart shows increasing trend for CEX amount of average $SOL transfer which maxed on Oct 14th with 2K $SOL, after the Mango Hack in which kraken had most share of them in each day and most amount of average $SOL transfer occurred on Oct 14th on kraken with 1,414 $SOL.

DEFI Staked Users

This section shows total/daily number of staked users of each DEFI since the Mango Hack

As shown above orca has most staked users since the Mango Hack with 5 staked users, solfarm is next with 2 staked users and zeta is last with 1 staked users

Bar chart shows that on Oct 13th most f the staked users occurred which was 5 staked users and 3 of them was for orca.

Swap Program Swaps & Swappers

This section shows total/daily number of swaps and swappers of each swap program since the Mango Hack

• Swap Program Swaps
  • As shown on pie chart since Mango Hack, raydium and jupiter are two swap programs which had most number of the swaps among all swap programs with combined 92% and more than 230K swaps. next two swap programs are orca and saber with combined 8% of swaps.
  • Bar chart shows decreasing trend for swaps after the Mango Hack in which raydium and jupiter had most share of them in each day and most swaps occurred on Oct 11th on raydium with 44,240 swaps.
• Swap Program Swaps
  • As shown on pie chart since Mango Hack, raydium and jupiter are two swap programs which had most number of the swappers among all swap programs with combined 95% and more than 40K swappers. next two swap programs are orca and saber with combined 4.5% of swappers.
  • Bar chart shows decreasing trend for swappers after the Mango Hack in which raydium and jupiter had most share of them in each day and most swappers occurred on Oct 11th on raydium with 12,511 swappers.

• As shown above
  • There has been total of 112.2M transactions of swap programs with mostly steady trend since the Mango Hack
  • There has been total of 595 users of swap programs with mostly steady trend since the Mango Hack
  • There has been total of 620 $SOL fee of swap programs with mostly steady trend since the Mango Hack

Swap Program Transactions & Users & Fee

This section shows total/daily number of transactions and users and fee of each swap program since the Mango Hack

Conclusion

1. Number of users and transactions on Solana network has been decreasing since the hack and serum had most share of them.
2. Number of users and transactions to CEXs on Solana network has been decreasing since the hack and ftx and coinbase had most share of them.
3. Number of $SOL transfers to CEXs on Solana network has been increasing since the hack and ftx, coinbase, kraken and bitfinex had most share of them.
4. Number of users and transactions from CEXs on Solana network has been decreasing since the hack and ftx and coinbase had most share of them.
5. Number of $SOL transfers from CEXs on Solana network has been increasing since the hack and ftx, coinbase and kraken had most share of them.
6. Orca had most staked users since the hack
7. Number of swaps and swappers of swap programs on Solana network has been decreasing since the hack and raydium and jupiter had most share of them.
8. transactions, users and fees of swap programs on Solana network has remained same since the hack