State of Dai 📊 — Our weekly roundup on how Dai has performed over the last week.
Let's go!
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1/
Dai trading activity has cooled down compared to last week.
Fewer off-peg trades. Back to normal quickly.
As always, Dai peg is strong, safe, and resilient. ⚖️
2/
Slightly less TVL this past week at $10.4 billion (~300 million less).
The Maker Protocol remains the DeFi protocol with the highest total value locked! 🏆
GUNIV3DAIUSDC1-A just appeared on the collateral pie charts 👀
Let's go deeper
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3/
📈 237 million Dai minted from GUNIV3DAIUSDC1-A vaults (+6 million over the last week)
📈 664.7 million Dai minted from GUNIV3DAIUSDC2-A vaults (+42 million over the last week)
📈 Total is 901.7 million Dai minted from G-UNI vaults (13% of all Dai).
wen 1 billion?
4/
Payoffs and borrows are fairly balanced.
469.9 million Dai repaid.
605.6 million Dai minted.
+135 million net mints. 💸
5/
Weekly vaults are trending towards the opening.
ETH-C and WBTC-C are top gainers.
WSTETH-B is picking up six new vaults! 🚀
6/
Where is Dai?
EOA 52.8% (Love for Dai holders 💚)
DEX 15.5%
Lending 10.3%
Bridges 10.7%
Other 9.6%
CeFi 1.0%
7/
Dai jumped into @StarkWareLtd's StarkNet!
99.9k Dai running on StarkNet at the time of writing — This represents +16% of its TVL!
#L222 is happening. This is just the beginning! 🌟
8/
@StarkWareLtd This chart is very interesting.
What vault holders initially spend their Dai on? 🤔
According to this calculation, so far this month, +95% of newly minted Dai is being transferred to decentralized exchanges.
Farmers LPing or traders swapping?
9/
@StarkWareLtd Want to learn more?
Find the full version in the Maker Forum and drop your comments!
👇
forum.makerdao.com/t/state-of-dai…
10/
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