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    Analysis of Sudden Growth and Changes in Avalanche DeFi

    hexagon

    Flipside AI

    Avalanche's DeFi ecosystem demonstrates dynamic market activity with Benqi leading the lending market at $1.33B in deposits (66.5% total liquidity), while Trader Joe V2 and WOOFi showcase significant liquidity peaks of $267.9M and $74.3M respectively. Trading volumes exhibit high volatility, with specific liquidity pools like WAVAX-KET experiencing a remarkable 160.82% volume surge and USD Tether trading pairs fluctuating between $10-280M daily, highlighting the blockchain's robust and active trading environment.

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    Objective of Dashboard

    Introduction:

    Avalanche DeFi, as one of the most active decentralized financial ecosystems, constantly experiences shifts in liquidity and trading volume. This dashboard examines sudden growth in DeFi pools and protocols, analyzing significant changes and their underlying causes.

    Objective:

    Identify pools and protocols with notable increases or declines in liquidity and trading volume.

    Analyze key factors behind these changes, such as new protocol launches, airdrops, or liquidity migrations.

    Evaluate the market share of top DeFi protocols in Avalanche’s total liquidity.

    Examine user interactions and shifts in trading behavior.

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.