Compound 📈 Whales 🐋vs. The Average User 👥

Continuing our look at users on the Compound ecosystem with @shenron_eth and @degen_mister_y

Yesterday, we took a look at the biggest whales on the Compound ecosystem. Now, it’s time to see how those big addresses compare to the network’s average user. Thanks again to @shenron_eth and @degen_mister_y for their help on this bounty.

We can start by taking a look at the borrowing power of the typical Compound wallet. Our bounty hunters found that the average wallet has a median percentage borrowed of roughly 53% as of May 3, 2021. See below to take a closer look at how those levels have changed over time, and how they vary by market.

Source: app.flipsidecrypto.com/dashboard/compound-whales-and-users-EJoElc

Source: app.flipsidecrypto.com/dashboard/compound-whales-and-users-EJoElc

Whales, meanwhile, which we’ve defined as addresses that interact with late amounts of volume on Compound, have a median borrowing percentage of roughly 71%. You can also see how their borrowing varies by market:

Source: app.flipsidecrypto.com/dashboard/compound-whales-and-users-EJoElc

Want to learn more about users on Compound? See the rest of the data here.

Thanks to @shenron_eth and @degen_mister_y for solving this bounty and providing us with the data — make sure to join the Flipside Crypto Discord and subscribe to the Bounty Brief to make sure you don’t miss out on our daily bounties!