Summary

USDC coin on axelar have the largest transfer volume with $8.5B . But the majority of this transfer have conducted between 14-28 Agust and after that the volume dropped significantly. totallly it contains %98/74 of stablce coin transfers

In term of transfer number wapped USDC has the most number with 74,500 transfer which is involved 31,83% of stable coin transfers . However, after it USDC coin on axelar is after it with 66,800 users.

Although USDC coin on Axelar initially had the highest total volume and users, over time, Wrapped USDC took its place, and the majority of transfers have been conducted using Wrapped USDC. So, we can consider Wrapped USDC the most popular stablecoin on SEI.

Totally, there is a $3.12 million increase in liquidity and a $62,100 decrease in liquidity, resulting in a $3.06 million TVL.

There are 41 token pair pools that have at least one stablecoin. These pools have an average TVL of $74,600.

USDCar has the highest TVL volume, with approximately $1 million, which accounts for 32% of all stablecoin liquidity.

The inflow and outflow of stablecoin are nearly equal, with a difference of -$10,000. The negative value indicates that a total of -$10,000 has been purchased via SEI DEXs.

It seems stablecoins have been extensively traded with each other via DEXs. However, apart from stablecoins, SEI, SEIINO, and WETH have also been widely traded.

Stablecoins on Sei