- This thread is planned to update monthly
- I will expand it to rest DeFi platforms (beyond top 10)
- It is purely statistics but from these you can get a picture, then connects it with Bitcoin price as well as the developments, promotions, drama of each platform
Top 10 DeFi platforms, in terms of total value locked in USD with the snapshot on 12 Jan 2021 are:
Notes
Time series plotsIn this part, I split them into 2 categories: top 1-5 and top 6-10. Reason: Combine all ten tokens in 1 chart makes it bad visually.
From 2 plots, you can see:
- During around 3 months, Uniswap, Sushiswap and Curve Finance are the most volatile DeFi platforms.
- Uniswap that has a big drop in middle of November 2020. Within almost the same period, capital switched to Sushiswap that is reflected by a take-off of total value locked in Sushiswap. The platform after that has maintained its upward trend but it is still far from Uniswap.
- Curve Finance has almost same hiccup as of Uniswap and same pattern of rally.
- The rest 7 platforms don't have much volatile changes
Box plotsIn this part, I draw 2 plots with 2 different time frames:
- Time windows
- Whole: 14 Oct 2020 to 12 Jan 2021
- Censored: 01 Dec 2020 to 12 Jan 2021
- The first box plot shows bigger boxes (widths of boxes), especially boxes for Uniswap, Sushiswap, and Curve Finance. It is logical as the aforementioned explanations. 3 platforms have some big changes in the whole period.
- The second box plot show narrower boxes for 3 platforms as they present for a period that don't include those big volatile changes. This plot reflect absolutely right the positions of top 10 platforms on DefiPulse.com
- Maker is the biggest and one of most stable platforms (see the Dark-orange box -- it is narrow) and compares it with time series plot above). Moreover, Maker stays very stably above others in interquartile range (the box), median (the vertical line inside box) and the range from lower to upper whiskers. It is right for whole or censored time window.
