Firstly, let's view the top label types to which UST has been most interacted with:

Here, dex and defi lead by a margin!! Now, let's view which of them are most used based on protocol:

Jupiter Aggregator is the leader in February followed by Solend Protocol and Port Finance. Now, let's view how has the volume been in February?

Now that we know the daily volume of UST that has been transacted, let's view the average volume:

Let's compare that with usdc and usdt. Starting with usdc:

About 20k$ is the average which as decreased post Feb to about 4k$ which is almost similar to the average on UST. Now, the total amount transacted on a daily basis is far higher than that of ust. Let's compare that with usdt them:

Daily transactions on usdt is lesser than that of usdc. Also, the total usdt transferred on a daily basis in February is lesser than that of usdc.Note all the above figures have a value in thousands and hence the order based on total volume of transactions would be: usdc>usdt> ust. For average amount transferred , we have- usdc> usdt> ust . Let's now draw some conclusions:

Conclusions:

1. The average size of transfer follows the order- usdc> usdt> ust

2. UST still has a lot of room to grow as the average size of transactions, number of transactions and total amount of transactions daily is way lesser than that of usdt and usdc

3. The total amount of transfer in a single day generally follows the order - usdc> usdt>ust

4. Most of the usage of UST lies in defi and dex based protocols currently

5. The top usage includes UST's usage in Jupiter Finance, Solend Protocol and Port Finance