Try Quests to earn crypto8. Trading by time
This dashboard looks at what time periods saw the highest interaction with THORChains liquidity pools throughout the month of October. THORChain's liquidity pools allow users to swap assets for their native token RUNE, which can then be swapped for assets from other blockchains. This system makes the usually convoluted process of swapping coins from one blockchain to another much easier. The first metric looked at in this dashboard is the average hourly swap volume in the top four liquidity pools by volume, BTC, ETH, XRUNE and BUSD. As you can see from this graph, the most common times for users to swap are 4, 5, 20 and 21 GMT. In addition, BTC has by far the highest swap volume at all hours of the day. The next metric looked at is average number of liquidity pool deposits by hour. The most common hour by far seems to be 8 GMT, with 9 GMT not far behind. Interestingly enough, the ETH pool seems to be very popular at 8 GMT, with about 90% of the deposits going to that pool. The final metric looked at in this dashboard is the number of withdrawals from liquidity pools by hour. The most common times to withdraw from liquidity pools by far are at 1 and 2 GMT.