Because of the de-pegging of USDC and DAI (to under 1$), from March 10th to March 13th, we had an increase in the number of swaps. Some users tried to save the value of their stablecoins by swapping from USDC and DAI to USDT but some users that believed in the "Circle", risked and swapped from USDT to USDC and DAI.

The following graphs show the amount of swap-in and swap-out values. In normal conditions, because of the equal value of stablecoins (= 1$), the amount of swap-in and swap-out should be the same but in that period of time, it changed.

Below you can see how much profit some users gained by swapping from USDT to USDC and DAI.

( + 247.688M $ on MArch 11th)

Below you can see users lost by swapping from USDC and DAI to USDT.

( - 245.048M $ on MArch 11th)