Bridge Transactions (Across)
Q1. Analyze bridge transactions via the Across bridge over the last two weeks. What assets are users bridging from Ethereum, and to what chains?
Daily unique users bridging using across protocol
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Starting from 20 users per day on 8th JUNE 2022, across protocol having an increase in the amount of users for most of the days afterwards.
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The highest amount of users per day has reached up to 38 per day.
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The amount of users using across protocol has been maintaining at above 25.
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However, there is a drop to 22 users in the recent days.
Destination chain Distribution (in terms of users count)
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Arbitrium One has been the most chosen chain as destination for the users who used across protocol. With a total percentage of 37%.
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While following next is Polygon Mainnet with a percentage of 12%.
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Double-A Chain Mainnet and Optimism has come close to each other with respective percentage 9.13% and 7.99%.
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The rest of the chain together has sum up the percentage of 32.9%.
Token distribution bridged using across
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Wrapped ETH and USDC are the most popular token used for bridge thru across protocol to other chain from native Ethereum chain.
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Both token add up with a total more than 85%.
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The rest of the tokens only stand up with less than 10% each.
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They are DAI, WBTC, UMA, BOBA, BADGER.
Analysis Approach
In this dashboard, we are going to analyze the bridge transactions using across protocol. The time frame for the analysis below is using the last 2 weeks data (calculate from 22th JUNE 2022 UTC). There are a few metrics illustrate below :
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amount of bridgers using across protocol
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destination chain distribution
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token distribution
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daily bridge volume
Daily bridge volume (in destination chain)
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The bridge volume is always around 2 Million to 4 Million USD over the last 2 weeks.
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Other chain has contributed to most of the bridging volume using across protocol.
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Meanwhile, Arbitrium One, Polygon Mainnet, Double-A chain Mainnet and Optimism having a bridging volume range from tens to tens to thousands and over to Million across different days.
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Each of the chain dont have a definite range of bridge volume.
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However, there is a special occasion where on 20th JUNE 2022, Double-A Chain Mainnet having a bridge volume more than 1 Million USD.