Question

What is the gross bridge activity (in usd, by day) for Blocto Teleport and cBridge to and from the FLOW blockchain?

Methodology

In this dashboard, we obtained the values of the bridged assets from the Flow network and to the Flow network using the flow.core.fact_bridge_transactions table from the Flow database using the BRIDGE and DIRECTION clauses. It was a little difficult to calculate the dollar amount because only a small amount of the bridged assets in the table flow.core.fact_prices was available. To get the price, we used the Trading View site and got the average price of the assets that were not available in the Flow database. In the case of the Tether asset, we also considered the price to be $1, and calculated this asset separately for the blocto bridge transfer.

blocto in vs out

The graphs below show the in and out assets on the Flow blockchain through the Blocto bridge in dollars.

As we can see, the largest input asset to the Flow blockchain is the Flow token. The largest input amount was on April 20, and in May, the input assets to the Flow network had their highest value.

In the diagram below, we can see the input value of the TeleportedTetherToken asset to the network by the blocto bridge.

It can be seen that the largest amount of input of this asset was in May.

It seems that the amount of output by Blocto bridge also has more accumulation in May, we can see that on May 18, about $2 M of Flow tokens were transferred to other blockchains through this bridge.

In the diagram below, we can see the output value of the TeleportedTetherToken asset from the network by the blocto bridge.

cBridge in vs out

The graphs below show the input and output values of assets on a daily basis through cBridge.

The highest amount of output is on jun 29. It seems that users have used Flow Blockchain a lot to mint NFTs related to the Arbitrum network and the Odyssey project.

And again, Jun have the most form asset of flow blockchain. It is known that users have used Flow Blockchain to perform tasks related to the Odyssey project on the Arbitrum network, which included bridging to this network.

conclusion

Flow Blockchain , in addition to the many features it has in various projects such as NFT, another feature of this network is sending different tokens to different blockchains from and to this network. It seems that in May due to a sudden market price crash and in June The reason for Odyssey project, many users have used this ability to bridge this network through its two native bridges.