On-chain activity under the microscope: Dai lending rates down, DEX volume increases

The public and transparent nature of blockchain networks provides a wealth of data for analysts to play with. By leveraging this access, industry participants can look beyond the wholly speculative market dynamics and begin to measure the performance and utility afforded to users by these emerging networks.

Compound's Dai Supply APR has dropped to 2.89%, down from 11% in December. Similarly, Borrow APR is now down to 9.71% APR, down from 15.62% last month.