0xHaM-d
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    SWELLCHAIN || LayerZero BRIDGES

    hexagon

    Flipside AI

    Layer Zero's cross-chain bridging ecosystem demonstrates remarkable growth and complexity, with Ethereum dominating the landscape. The protocol processed 272.3M USD in total inflows across 12 unique tokens, experiencing a massive transaction surge from 5 to 508 daily transactions—a 1,666% increase. Swell's liquid restaking protocol emerged as a key player, with weETH capturing 122.8M USD, representing 55% of total Layer Zero bridge deposits, while the bridge saw significant user activity with 8,333 unique transactions and over 1,000 unique users bridging assets across multiple blockchain networks.

    Intro

    Swellchain operates as a restaking-powered Layer 2 network built on the OP Stack. The network enhances Ethereum's security through EigenLayer's restaking mechanism, while leveraging Optimism's proven infrastructure for efficient transaction processing and scalability.

    Tracking Bridge Metrics:

    • TVL (Total Value Locked)

    • Inflows and Outflows via LayerZero Bridge

    • Breakdown by networks and assets

    Overview
    Transactions & Users
    Bridged Volume
    Breakdown by Assets
    Breakdown by Chain
    User Breakdown
    by Total Volume
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.