Whale Watching: Activities of Professional Investors on Ethereum DeFi Protocols

This in-depth report on whales visualises investors’ activities on DEXes, their lending/borrowing protocols, preferred yield aggregators, and asset management protocols.

High yields draw more whales to DeFi. While centralised exchanges provide comprehensive functions, they are constrained by system maintenance and even compliance issues. DeFi simplifies these procedures by offering ways to generate passive yields through smart contracts without interference of centralised entities.

In this report, we use on-chain data to explore behaviours of professional investors (whales) in DeFi, and also to visualise investors’ activities in the categories of DEX, lending/borrowing protocols, yield aggregators, and asset management protocols.

To read the full version of the Whale Watching: Activities of Professional Investors on Ethereum DeFi Protocols, read the PDF version here.