0xHaM-d
@0xham3d_eth
@0xHaM☰d#8391
SWELLCHAIN || LayerZero BRIDGES
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