What gives @EntropyAdvisors a huge edge when it comes to designing incentive programs is Data.
We have built 3 dashboards dedicated to @arbitrum's DRIP Incentive program, to enable full transparency, in-depth analysis, and smarter incentive design.
In addition, we also built 6 dashboards for each participating protocol: Aave, Morpho, Fluid, Silo, Euler, and Dolomite.
These dashboards not only provide insights on DRIP, but also boost the momentum and bring value to Arbitrum's partners.
Kudos to the talented data team: @AliTslm @0xpibs
DRIP Protocol Highlight #4 @SiloFinance :
Silo’s market size on @arbitrum nearly tripled in just over a month from $37M to $100M. 🧵👇
1/ Silo is one of DeFi’s leading lending protocols, with ~$447M in total market size across 6 chains.
Since DRIP launched, Arbitrum’s share has climbed from 9.4% to 22.5%, now accounting for nearly a quarter of Silo’s total liquidity.
2/ The DRIP campaign on Silo focuses on supplying USDC and WETH, and both have seen significant inflows.
Since launch:
🔹 USDC grew from $13.1M → $30.1M (+130%)
🔹 WETH grew from $3.4M → $25.9M (+660%)
Together, these two assets added $39.5M, driving most of Silo’s expansion on Arbitrum.
3/ Those new supplies are being actively borrowed.
Borrowed liquidity on Silo's Arbitrum instance grew from $13M to $42M, a 223% increase.
USDC and WETH account for nearly all of it, with borrowed balances up $13.2M and $15.9M respectively.
4/ Silo’s expansion on Arbitrum reflects a clear trend.
DRIP-backed markets are deepening both supply and borrowing activity.
With incentives still underway, utilization and liquidity are set to keep growing.
Track the data in our "Silo Finance: Liquidity" @Dune dashboard👇
1.83K
16
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.