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In this analysis, the flipside_prod_db.thorchain.swaps table is widely used
At first, we see some information from this table For example, the converted percentage of each asset (in total)
It can be seen that in this table THOR.RUNE has allocated most of the swap share and BNB.BUSD-BD1 is in the second place Now that we have become familiar with the table, it is better to answer the main question of the analysis and then go a little deeper.
In the last part, we take a look at the rate and check two tables
In general, in the last four months, the amount of swap has increased in both charts In this part, we do not make a lot of comparisons between these two graphs and leave this to the last part But it can be seen that the trends of the graphs are more similar to each other, especially in recent months According to the average drawing in the graphs, it can be determined that the amount of swap has significantly increased compared to last year April has been an important month for both assets as they have reached their maximum Loss or non-existence of data can be observed, especially for USDC assets
In this section, it can be seen that the two assets under review have been swapped to which assets in the Thor pools USDC has only one asset, RUNE And BUSD has also become two other assets of RUNE and BNB.RUNE
This can also be an interesting point Obviously, RUNE is the most asset that has been converted in THORChain pools, but what are the most assets that have been converted into them? This can be the subject of another analysis!
In this section, you can see how much less USDC is In the first graph, part of the data has been lost, so the second graph has been drawn for a better comparison Until April 8, the USDC rate was very low, but since then it has gradually increased And for this reason, we may see a slight drop in BUSD rate USDC has taken a bit of the BUSD swap market in recent months