Synthetix Report
#12: Covering Nov 19th - Nov 26th, 2019
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This is your weekly reminder to claim your SNX and sUSD rewards.
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PROTOCOL STATS
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THIS WEEK
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LAST WEEK
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W/W
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| Exchange Volume |
$4,573,376 |
$3,457,632 |
32% |
| sUSD Supply |
$14,185,837 |
$10,571,721 |
34% |
| Market Cap Of Synths |
$23,413,251 |
$18,709,155 |
25% |
| Active Traders |
473 |
296 |
60% |
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sLINK enters top 10 by volume. Of the synths added in Arcturus, sLINK has generated the most volume. 91 accounts generated USD 133K of volume.
sDEFI close behind. The basket of DeFi tokens is ranked 11th by volume. 48 accounts generated with USD 104K of volume.
Arb pool under discussion. sETH has a soft peg to ETH that is maintained in part by an incentive mechanism. This helps give traders confidence they can exit the system when they want. Discussions are beginning around changing the mechanics of this important (and expensive) mechanism.
November's dance of the floating peg (Source: Pools.fyi)
Today's edition written by
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Caleb Sheridan
Co-founder, Blocklytics
Twitter |
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Top 10 Synths
Ranked by this week's exchange volume
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SYNTH
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VOLUME ▼
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TRADERS
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SUPPLY
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sUSD |
$3,962,449 |
462 |
$14,185,837 |
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sETH |
$2,343,138 |
251 |
$6,850,917 |
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sBTC |
$612,659 |
111 |
$1,471,532 |
| ▲ 4 |
sBNB |
$452,502 |
18 |
$51,281 |
| ▼ 2 |
sXTZ |
$448,262 |
22 |
$11,241 |
| ▲ 1 |
sMKR |
$331,686 |
35 |
$336,785 |
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iBTC |
$233,339 |
32 |
$116,826 |
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iMKR |
$216,669 |
6 |
$2,205 |
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sLINK |
$133,489 |
91 |
$58,743 |
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sXAU |
$106,256 |
18 |
$44,767 |
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