Introduction

Hop is a generic scalable token bridge that connects rollups to one another. It eliminates the need for users to wait for the challenge time that is linked with the rollup by providing them with the ability to transfer tokens from one rollup to another in an almost instantaneous fashion.

Method

I used ethereum.core.fact_event_logs to calculate the volume bridged from Ethereum trough Hop to other chains and then by use of ethereum.core.ez_token_transfers to estimate volume bridged trough their native Gateway. period time of calculations, over the past 6 month.

Analysis

• Daily volume has Hop bridged to Polygon, Optimism, and Arbitrum are shown in the above bar chart over the past 6 month.

• Total volume and percentage shares pf has Hop bridged to Polygon, Optimism, and Arbitrum are shown in the above bar chart over the past 6 month.

• Arbitrum is the most.

Discord:0xHaM☰d#8391

• Daily count of transactions has Hop bridged to Polygon, Optimism, and Arbitrum are shown in the above bar chart over the past 6 month.

• Total count of transactions and percentage shares pf has Hop bridged to Polygon, Optimism, and Arbitrum are shown in the above bar chart over the past 6 month.

• Arbitrum is the most.

• Daily volume has Hop bridged to Polygon compared to Polygon protocols’ native bridges are shown in the above chart.

• Total volume and percentage shares of has Hop bridged to Polygon compared to Polygon protocols’ native bridges are shown in the above chart.

• Daily volume has Hop bridged to Optimism compared to Optimism protocols’ native bridges are shown in the above chart.

• Total volume and percentage shares of has Hop bridged to Optimism compared to Optimism protocols’ native bridges are shown in the above chart.

• Daily volume has Hop bridged to Arbitrum compared to Arbitrum protocols’ native bridges are shown in the above chart.

• Total volume and percentage shares of has Hop bridged to Arbitrum compared to Arbitrum protocols’ native bridges are shown in the above chart.

• TVL on hop over the past 6 month shown on the above chart.

• and also total value locked are about 35m on the past 6 month as below.

Findings

• More than 40% of Total Mount of Volume that bridged assets from Hop to each chain are belong to Arbitrum that followed by Optimism by more than 33% of volume shares.

• The total volume has Hop bridged to Polygon compared to Polygon protocols’ native bridges indicate that more than 78% of bridged volume took placed by Polygon protocols’ native rather than Hop bridges.

• Total TVL on Hop protocol is about 35m TVL on the past 6 month.

• Total value locked on hop over the past 6 month shows that at the first $ETH was the most but on the Jun 12th ETH TVL dropped into below of USDC TVL because of crash on Crypto market.