Solend Demographics

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    Introduction

    1. In this dashboard, we will be looking at the depositors in Solend over time and the Depositors Vs Total USD in Solend.
    2. Total volume deposited over time on Solend, Depositors Vs total balances.
    3. Distribution of USD borrowed from Solend.
    4. Distribution of users balances in Solend.

    Depositors in Solend over time and Depositor Vs total USD deposited.

    1. The chart from the left shows us the total depositors in Solend over time which we can see that there are quite a number of depositors around Feb 2022 which is around 400-500 per day and it has been going downtrend since April to May which is less than 100 depositor per day.
    2. The chart from the right shows the Depositor Vs total USD deposited to Solend. X axis here refer to the number of depositors and Y axis refer to the USD deposited.

    Distribution of the USDC borrowed from Solend.

    1. The chart tell us that most of the users borrowed between 100 - 1000 USD per day and there are some users borrowed less than 100 on Feb 2022 where we have the most depositors. But this doesn’t influence the volume.
    2. There are some users borrowed more than 1 millions around March to April.

    Distribution of users balances in Solend.

    1. The charts show us that the distribution of the users balances in Solend and it appears that most of them has a balances between 1-1k range which is 82.5% of the overall percentage. Followed by 1-k-5k range which is at 7.9%, more than 200k around 3.21%.
    2. So we can see that there are only 3.21% from the overall percentage of users having a balance of more than 200k USD. So clearly, the protocol is highly controlled by the big fund like whales.
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    Total volume deposited over time on Solaend and the Depositors.

    1. The chart at the left shows us the total balance deposited to Solend and we can see that the volume spike around April to May when we have less than 100 depositors per day during that period.
    2. The chart at the right shows us the total balance deposited Vs the depositors and we can clearly see that the average number of depositors doesn’t influence the balance that much so we can see that the protocol is highly influence by the whales with high balances.