Liquity Protocol

Description

Liquity is a decentralized borrowing protocol operating on the Ethereum blockchain. It allows users to borrow a stablecoin, LUSD, against their Ethereum (ETH) collateral.

It stands out from other borrowing protocols because of its unique approach to interest calculation for loans. Liquity applies a small, fixed fee for borrowing LUSD, rather than subjecting users to highly fluctuating interest rates.

Aside from the collateral, the loans are backed by a Stability Pool containing LUSD and by other borrowers collectively serving as a safety net.

Metrics related to Compound protocol:

Action metrics:

• liquity_action_deposits - Amount of deposited tokens
• liquity_action_deposits_usd - Amount of deposited tokens in USD
• liquity_action_liquidations - Amount of liquidated tokens
• liquity_action_liquidations_usd - Amount of liquidated tokens in USD
• liquity_action_new_debt - Amount of borrowed tokens
• liquity_action_new_debt_usd - Amount of borrowed tokens in USD
• liquity_action_repayments - Amount of repaid tokens
• liquity_action_repayments_usd - Amount of repaid tokens in USD

Total supplied/borrowed metrics:

• liquity_total_supplied - Total supplied tokens
• liquity_total_supplied_usd - Total supplied tokens in USD
• liquity_total_borrowed - Total borrowed tokens
• liquity_total_borrowed_usd - Total borrowed tokens in USD

APY (annual percentage yield) metrics:

• liquity_borrow_fee - Liquity borrow fee

Daily active addresses:

• liquity_active_addresses - Daily active addresses on Liquity

Access

Restricted Access.

Measuring Unit

• Amount in tokens/USD
• liquity_borrow_fee in percentages

Data Type

Timeseries Data

Frequency

Five-minute Intervals

Latency

On-Chain Latency

Available Assets

Deposit/supply metrics available for ethereum

Repayment/borrow metrics available for liquity-usd

SanAPI

Action metrics: liquity_action_deposits<_usd>, liquity_action_liquidations<_usd>, liquity_action_new_debt<_usd> and liquity_action_repayments<_usd>

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{
  getMetric(metric: "liquity_action_new_debt"){
    timeseriesData(
      slug: "liquity-usd"
      from: "2024-01-01T00:00:00Z"
      to: "2024-01-03T00:00:00Z"
      includeIncompleteData: true
      interval: "5m"){
        datetime
        value
      }
  }
}

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Total supplied/borrowed metrics: liquity_total_supplied<_usd> and liquity_total_borrowed<_usd>

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{
  getMetric(metric: "liquity_total_supplied"){
    timeseriesData(
      slug: "ethereum"
      from: "2024-01-01T00:00:00Z"
      to: "2024-01-03T00:00:00Z"
      includeIncompleteData: true
      interval: "5m"){
        datetime
        value
      }
  }
}

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Borrow fee metric: liquity_borrow_fee

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{
  getMetric(metric: "liquity_borrow_fee"){
    timeseriesData(
      slug: "liquity-usd"
      from: "2024-03-01T00:00:00Z"
      to: "2024-03-03T00:00:00Z"
      includeIncompleteData: true
      interval: "5m"){
        datetime
        value
      }
  }
}

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Daily active addresses: liquity_active_addresses

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{
  getMetric(metric: "liquity_active_addresses"){
    timeseriesData(
      slug: "liquity-usd"
      from: "2024-01-01T00:00:00Z"
      to: "2024-01-07T00:00:00Z"
      includeIncompleteData: true
      interval: "1d"){
        datetime
        value
      }
  }
}

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