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Overtime Markets – Volume

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Throughout this article, we aim to analyze the total volume on Overtime Markets over the past two weeks. Which games had the most activity, both in terms of total users and dollar volume? On a daily basis, which sports receive the most bets in terms of total dollar volume? Describe any interesting data findings.

What is Thales?How does it Works?

The Thales protocol is an Ethereum-based peer-to-peer parimutuel Market protocol, which is open to all participants. Building blocks like this are the foundation of a number of novel on-chain initiatives, including positional market platforms based on AMMs, gamified experiences, and much more. With Thales, users have access to uncensorable sUSD as collateral, immutable chainlink data feeds for market settlement, and all the benefits of an Optimism-centric network, such as speed, costs, and security.

How Do Overtime Markets Work?

Ultimately, Overtime Markets is the first permissionless AMM based on the Thales Protocol. Thales Protocol is an elegant and novel core design on which Overtime Markets is built.  On the Optimism network, Thales protocol is currently operating. As a fully on-chain sports AMM, Overtime markets offers Chainlink sport feeds that allow users to bet on Soccer, Football, MMA, and Baseball. The Thales markets have generated millions of dollars in volume through their immutable smart contracts, which are completely decentralized and  controlled.Through Overtime, communities can trade sports without relying on centralized entities for exchange of goods and services.  There are four stablecoins supported by Overtime: sUSD, USDT, USDC, and DAI.

With Overtime, you are not only bringing the game to blockchain, you are doing so with some of the best odds available across all sportsbooks, not just cryptocurrency ones. This odds are provided by Pinnacle Sportsbook, a highly regarded bookmaker that has a customer base in over 100 countries. In 1998, Pinnacle was founded and is considered one of the most reputable sportsbooks on the internet.By using Chainlink data feeds, Overtime receives these odds in real-time and uses them to price their positional tokens for each market.  There is one update for each game every six hours, except on game days when it is updated hourly.

Approach

This dashboard will explain about ,

  • The Daily Number of Users and Volume for Overtime Markets for the Past Two Weeks
  • Transactions and volume by token for the past two weeks on the Overtime Markets
  • Transactions and volume by sport in Overtime Markets for past two weeks
  • As well as showing each sport’s total volume and transaction for the past two weeks 

Overtime Markets: Users and Volume 

In this section, we can see the Overtime Markets daily number of users and total volume for the past 2 weeks . Graphs below show how Overtime Markets has performed in the last two weeks based on the number of users and total volume.  

Overtime Markets: Number Of Transactions And Volume By Token Wise

As we already known , There are four stablecoins supported by Overtime: sUSD, USDT, USDC, and DAI. Here in this section we can see the number of trasactions and the volume made by each stablecoin on Overtime Markets for the past two weeks period.

Overtime Markets: Number Of Transactions And Volume By Sport

The post Overtime Markets – Volume first appeared on Tech Dreams.


This post first appeared on Tech Dreams | A Technology Guide For Ever, please read the originial post: here

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Overtime Markets – Volume

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