The Stablecoin De-Peg Risk Monitor

The Stablecoin De-Peg Risk Monitor

This dashboard provides a comprehensive overview of the stability and liquidity of key stablecoins (USDC, USDT, DAI), alongside insights into their issuers' financial health and systemic importance within DeFi. It also includes a dedicated section for monitoring peg deviations.

Issuer Financial Health: Stablecoin Issuer Revenue

Monitoring the revenue generated by stablecoin issuers is crucial for assessing their financial health and ability to maintain reserves. This chart shows the weekly revenue trends for the top protocols in the 'Stablecoin Issuer' category.

On-Chain Liquidity: Uniswap V3 Volume on Ethereum

Daily trading volume on major DEXs like Uniswap V3 indicates the on-chain liquidity and demand for stablecoins. Significant drops in volume could signal reduced confidence or liquidity fragmentation.

Systemic Importance: Lending Protocol TVL

Major lending protocols like Aave and Compound serve as significant hubs for stablecoin deposits. Their Total Value Locked (TVL) for stablecoins reflects their systemic importance and the overall health of the stablecoin lending market.

Peg Tracker: Monitoring Stablecoin Deviations

This section tracks the daily price of key stablecoins against their $1 peg. Sustained deviations can indicate market stress, liquidity issues, or fundamental concerns about the stablecoin's backing.