Counterparties are financial intermediaries that facilitate activity on blockchains. These can include decentralized exchanges (DEXs), centralized exchanges (CEXs), lending platforms, borrowing platforms, staking platforms, and others.
Loch maintains a database of thousands of counterparties along with their corresponding smart contract addresses. We use this database to illustrate the counterparties a portfolio has interacted with. These interactions can be quantified in two ways:
The aggregate volume exchanged with the counterparty, which is calculated by adding up all sends and receives.
The total fees incurred when interacting with this counterparty.
You can filter the chart based on the time period and blockchain networks. This chart brings clarity to where a portfolio has interacted and where it has spent the most fees. It's important to view fees as a percentage of the overall volume, as the metric would otherwise be meaningless. Therefore, if you hover anywhere on the chart, you can see the fees as a percentage of the volume.