Question:

Q87. Analyse the stablecoin landscape on Sushiswap, identifying the various tokens available and their main metrics (volume, number of swaps, TVL, and other relevant for you).

Which one is the most successful? Is it the same at Uniswap?

Answer:

The objective of this are:

Stablecoins analyzed in this work

In this work, we compare the three metrics on three stablecoins: UST, USDT, and DAI.

In order to analyze on different types of stablecoins, fiat-collateralized, crypto-collateralized, and non-collateralized, in this work, we compare these three metrics on three stablecoins: USDT (fiat-collateralized), DAI (crypto-collateralized), and UST (non-collateralized).

TVL

https://public.flourish.studio/visualisation/10243991/

https://public.flourish.studio/visualisation/10243847/

The above visualizations shows a comparison of TVL on three different stablecoins, namely, USDT, UST, and DAI for both Sushiswap and Uniswap.

We can see that from the graph, the TVL of USDT and DAI are extremely high, compared to UST on Sushiswap.