Hi everyone, thanks for checking out the State of Dai. Now separate from the Weekly Relay with the objective to scale and improve all the information you need for your Dai escapades!
The public PDF version is available here.
- Peg has been solid, with a few large ETH/DAI trades generating the majority of slippage.
- Max at 1.09 and min at 0.93. This last week, DAI had a slight premium, especially on ETH pairs.
- Blockanalytica outlines exchange stats quite well. Uniswap V2 still sources most of the hits to price.
- Total DAI liquidity on Uniswap V2 has been consistently hovering at ~50 million.
- However, total DAI liquidity on V3 has been growing month-over-month. V3 has both the lion’s share of volume and TVL.
- 1.65 billion in real volume, according to Messari. A few spikes last Tuesday and Thursday.
- We broke 10 billion in DAI supply!
- Note last year when we were excited about TVL at 10 billion.
- Don’t forget to submit your memes for a chance at the NFT commemorating the moment.
- Also, @aes calls out the real truth, next milestone is 10 billion DAI from non-stables.
- Net mints are 350 million this last week.
- Corresponding to that net minting, it was a quiet week with only 55 vaults opening.
- A few more mints on ETH-B and UNI stable LPs in the past 24 hours.
MakerBurn rundown
- PSM USDC 5.15 billion
- ETH-A 1.9 billion
- WBTC-A 959 million
- PSM USDP 499 million
- ETH-C 282 million
- GUNI DAI-USDC (0.01%) 268 million
- wstEth 118 million
- Aave D3M 116 million
- LINK 78 million
- GUNI DAI-USDC (0.05%) 67 million
- UniV2DaiUSDC 62 million
- ETH-B 51 million
- MATIC-A 19 million
- YFI 15 million
- NSDROP 13 Million
- WBTC-C 12.7 million
- UniV2UsdcEth 9.48 million
- MANA 4.7 million
- renBTC 3.8 million
- WBTC-B 3.2 million
- FFT1-DROP 2.6 million
- PSM GUSD 2.1 million
- HTC-DROP 1.79 million
- UNI 1.47 million
- 6S Capital 1.4 million
- Other vaults below 500K (UniV2WBTCEth, UniV2DaiEth, UniV2UniEth) at $1.19 million.
- Here is the top 10 vault holders’ positions shares. WBTC-B/A/C, YFI, LINK, UNI, wstETH, RENBTC, and ETH-B have the most concentrated whale dominance.
- Not too much motion on vault changes. But WBTC has been growing across each of its vault types.
- DAI deployed on L2’s, dominated by Avalanche.
- With average collateralization sitting at 167%, liquidations hit significantly at a 20% price drop.
- Breaking that drop down to the risk buckets, it is the low risk that gets tapped progressively more and more since that is where most of the debt outstanding is capitalized.
daistats.com | makerburn.com | maker.blockanalitica.com
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Disclaimer: This update is assembled by a group of contributing members in the MakerDAO community. This does not serve as financial advice or an inducement to vote in any specific way. This update is purely for information and communication purposes only.
