Dai on Different Networks #3

Dai on Different Networks #3

If you missed last week’s update, here’s a link to Dai on Different Networks #2.

Overview

Where is my Dai (General)

Where is my Dai (L2s)

Special thanks to @SebVentures - Bookmark his site for accurate, easy-to-read tracking for Maker analytics of all kinds.

As of 07/22/2021

Solution Circulating Dai Dai Holders
Avalanche 10,000,000 unknown
Binance Smart Chain 262,340,555.49 32,165
Fantom 35,613,836.14 2,953
Klaytn 60,466,697.97 5,268
Polygon $525,205,854 25,518
xDai 14,268,437 unknown

The number of Dai on Avalanche, BSC, Fantom, and Klayton has remained steady for the past month. Polygon has experienced high volatility and currently has 42 million less Dai than last week. Roughly a million Dai has moved to xDai.

By Platform

Avalanche

Top Holders Circulating Dai Proportion
Pangolin 2,130,525 unknown

Current Events

Chainlink Price Feeds on Avalanche

  • The Chainlink Oracles are now bridged to the Avalanche Blockchain, allowing for native use by developers on-chain.

DeFi Yield Protocol Launches on Avalanche

  • DYP (DeFi Yield Protocol) offers yield farming and staking and recently announced an NFT marketplace as well as a bridge to the Avalanche Blockchain.

Binance Smart Chain

Top Holders Circulating Dai Proportion
Binance Hot Wallets 80,007,734 60.8345%
PancakeSwap 27,670,810.29 11.274%
Venus (vDAI) 27,117,120.44 10.3367%
MDEX 6,655,375.57 2.5367%
? ? 15.0181%

Current Events

Top 5 AMM and DeFi Projects on the Binance Smart Chain (By TVL)

Sonar, Tracking Platform for Ethereum, Binance Smart Chain

  • Announcing the launch of Sonar, a tracking platform that aims to give users an “all-in-one” crypto tracking experience.

Fantom

Top Holders Circulating Dai Proportion
Curve 32,407,283.28 90.9177%
SpookySwap 1,158,770.89 3.2509%
Cream 291,213.09 0.8170%
? ? 5.0144%

Current Events

Fantom surpasses $340 million TVL

  • The Fantom team recently published a press release in Business Insider promoting an 800% increase in Total Value Locked (TVL) in the network over the past three months, surpassing $340 million in July.

July 2021 AMA recap

  • A monthly update from Michael Kong (CEO), Samuel Harcourt (Director of Business Development), and John Morris (Director of US Operations).

Klaytn

Top Holders Circulating Dai Proportion
Klayswap 52,032,162.43 86.0513%
Definex 1,408,468.55 2.3293%

Current Events

Uppsala Security introduces the MCIS (Managed Crypto Incident-response Service) to Klaytn, for consumer assets protection

Bank of Korea Chooses Ground X as Supplier for CBDC Pilot: Report

  • Ground X, a blockchain subsidiary of South Korea-based internet giant Kakao and the company behind Klaytn, will be working with the Bank of Korea (BOK) on a pilot for a South Korean Central Bank Digital Currency (CBDC).

Polygon (formerly MATIC)

Top Holders Circulating Dai Proportion
Iron Finance 188,989,292.81 37.5549%
Aave 162,804,408.31 32.3516%
Quickswap 17,541,877.21 3.4858%
Uniswap 17,375,707.48 3.4528%
? ? 23.1549%


Current Events

Polygon Opens Vault On MakerDAO, Commits $50 Million Worth Of Matic Tokens

  • A look into Maker’s MATIC vault, with additional MakerDAO coverage and thanks offered from the Polygon team.

Top 5 DeFi Projects on the Ethereum-Compatible Polygon Blockchain

xDai

Top Holders Circulating Dai Proportion
HoneySwap 2,638,540 18.4921%
CHAI 554,237.49 3.884%
STAKE ? ?%
BAO ? ?%

The xDAI chain has limited tracking tools and datasets compared to competing chains, but here’s an overview of xDAI’s daily usage.

Transactions per day

  • Its Governance token (STAKE) can be swapped to through numerous chains and DEXs, which makes the tracking of Dai circulation a challenge. STAKE’s top pair on HoneySwap is STAKE-xDAI with $311,611 currently pooled.

  • BAO Finance is a farming protocol native to the xDAI and Polygon chains. On June 2, farming concluded on BAO Finance’s xDAI port.
    • 95% of earnings accrued are locked in a three-year vesting cycle.

Current Events

A Comprehensive List of xDAI Dapps

HOPR Staking Lets You Earn Rewards and NFTs While Supporting Data Privacy

  • An open, incentivized communication mixnet where users earn tokens for running nodes, is launching a gamified staking program on the xDAI network.

Thoughts?

Have anything you’d like to see added to these breakdowns? Leave a message in the comments or DM me, @seth, or @JerryAG

Thanks for reading!

Tracking Tools

DAI

Block Explorers

Bridge Metrics

DEX

Misc

9 Likes

wow, polygon far surpassed BSC in the number of DAI in its network, what excellent news.

1 Like

We are going to investigate good projects in Polygon, are you up for it? :eyes:

5 Likes

Right away bro

2 Likes

Please think about including rollups. We have almost 3M DAI locked in Optimism.

https://etherscan.io/address/0x467194771dAe2967Aef3ECbEDD3Bf9a310C76C65

8 Likes

Definitely going to be on the lookout.

Found a solid list of most of the active Dapps. A whooole lot to dig through, but probably a few gems buried in there somewhere!

2 Likes

Appreciate the link! Will 100% be looking into it for future updates.

3 Likes

Thanks for passing me the web, I didn’t know it compared to the one I use regularly, it is more updated. No doubt more and more networks are coming out and it is difficult to be aware of everything, if there are any interesting ones I will mention them.

2 Likes

Thank you very much for this page, I didn’t know that badgerdao and Frax were in polygon, I only used the same as always AAVE, Sushi, Curve and Beefy. Thank you very much it will be saved in my bookmarks.

1 Like

This topic was automatically closed 30 days after the last reply. New replies are no longer allowed.