Lending and borrowing are not only one of the main features in Sushiswap DEX but also are important for all DeFi ecosystem platforms. One of the most attractive things of DeFi for investors is the fact to be able to lend and borrow their assets to gain more. Here the idea is to see how the trend of SUSHI price affects the lending and borrowing activity on Sushiswap.

To do that, I have seen the Bentobox activity in Kashi part related to lending and borrowing with "km" options. From that, I have extracted the number of lenders and borrowers as well as the amount deposited and compared it against SUSHI price.

If we take a look at both charts, the first one is related to users activity and the second one at deposits. Analysing it, the two charts looks similar, while the SUSHI price had a big downtrend during this year, the general activity in terms of users and volume have decreased as well. In fact, it is clear that the number of daily users have dumped a lot.

Then, the conclusions are that the SUSHI price trend affects directly and strongly the activity in lending and borrowing on Sushiswap.