TVL ON #SOLANA - CATEGORY DOMINANCE

The TVL distribution on @solana has had some major changes since the last 7D.
Let’s be with @solana_daily to look at the changes in the TVL ecosystem.

#SolanaSummer #Solanaszn Image
@solana TVL ON #SOLANA - CATEGORY DOMINANCE

The Dex Sector has reduced its ratio, from 61% to 55% this week, whereas raito the TVL of Yield sector raised 50% last week, from 21.5% to 29%.

#SolanaSummer #Solanaszn
@solana TVL ON #SOLANA - CATEGORY DOMINANCE

This phenomenon is contributed by the comeback of @SunnyAggregator. Sunny alone took up $2.36B TVL of the Sector, raising the TVL of Yield to the total of $3B.

#SolanaSummer #Solanaszn
@solana @SunnyAggregator TVL ON #SOLANA - CATEGORY DOMINANCE

In this chart, we counted @gopartyparrot as a project in the Lending Sector for better calculation. TVL of the Lending Sector showed stable growth, however, not so significant as others, contributing only 7% of the total TVL

#SolanaSummer
@solana @SunnyAggregator @gopartyparrot TVL ON #SOLANA - CATEGORY DOMINANCE

The Staking Sector and the Assets Sector remain the same growth and the same percentage since the last 7D.

#SolanaSummer #Solanaszn

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More from @solana_daily

24 Sep
STABLECOIN MAP TO #SOLANA

Lately, @Saber_HQ and @Allbridge_io have together connected @solana to many other blockchains for the flow of the stable coin. Until now, numerous stable coin appeared on Solana, mostly through the pool on Saber

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana STABLECOIN MAP TO #SOLANA

The available stable coin on @solana are USDT, USDC, and PAI of @gopartyparrot.

#SolanaSummer #Solanaszn
@Saber_HQ @Allbridge_io @solana @gopartyparrot STABLECOIN MAP TO #SOLANA

With @Allbridge_io, Solana is welcoming BUSD from BSC @BinanceChain , cUSD from CELO @CeloOrg, apUSDC, apUSDT & MAI from Polygon @0xPolygon

#SolanaSummer #Solanaszn
Read 4 tweets
23 Sep
TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

The TVL ratio in the formula is defined as Total Market Cap / TVL. In most cases, it helps determine whether a project is undervalued or overvalued.

#SolanaSummer #Solanaszn
TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

The top 5 TVL projects, their ratio and their mkt cap are
@Saber_HQ 0.02251 $69M
@RaydiumProtocol 0.49299 $756M
@SunnyAggregator 0.00916 $12M
@Solfarmio 0.03502 $25M
@ProjectSerum 0.67129 $417M

#SolanaSummer #Solanaszn
@Saber_HQ @RaydiumProtocol @SunnyAggregator @Solfarmio @ProjectSerum TVL RATIO OF PROJECTS IN #SOLANA ECOSYSTEM

As can be seen from the data, both @RaydiumProtocol and @ProjectSerum are now achieving a relatively fair value. With both TVL ratios nearly 0.5, they still have room to grow but not so fast.

#SolanaSummer #Solanaszn
Read 8 tweets

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