[Analysis] The DeFi Series — A closer look into user community - Alethio

A graphic of the DeFi market exposes real data on not only the interactions between DeFi products, but also how users migrate between systems. The four largest markets are Compound, Maker ($MKR), Augur ($REP), and Uniswap. Maker and Compound, Maker and Uniswap, and Compound and Uniswap have between 30-40% common share users, the highest shared interactions out of the all DeFi products.

As both the largest and oldest market, Maker should ostensibly be the starting point for most DeFi users, but the data indicates users are more likely to start on Augur and later move onto Maker and other DeFi products.