Bridger Destinations

Where do people go when they bridge to Optimism from Ethereum?

Bridged tokens

:triangular_flag_on_post: In the table and 4 graphs below, the following items have been examined

Tokens that have been bridged by users
Number of bridges per token
Bridge volume per token
The dollar volume of the bridge of each token
The share of each token in relation to the dollar volume of the bridge

Methodology

The basis for users who have newly bridged is one month ago

The following table and conditions are used to find bridged users

table-&gt; ethereum.core.fact_event_logs
   where-&gt;  ORIGIN_TO_ADDRESS='0x99c9fc46f92e8a1c0dec1b1747d010903e884be1' --Optimism: Gateway

In this review, the first actions of the users after the bridge have also been reviewed, and the following actions have been removed for a detailed review

and EVENT_NAME!='Approval'
    and EVENT_NAME!='ReserveDataUpdated'
    and EVENT_NAME!='SuppliedTokenTo'
    and EVENT_NAME!='TokenExchangeUnderlying'
    and EVENT_NAME!='ReserveUsedAsCollateralEnabled'

The ==ORIGIN_TO_ADDRESS== field from the ==optimism.core.fact_event_logs== table is used to extract the destination of bridged users.
In this study, the first destination of the users after the bridge means the first transaction after the bridge for each user and exactly after the date of the bridge.

Tokens bridged daily

:triangular_flag_on_post: In the 4 graphs below, the following items have been checked on a daily basis in the last one month→

The number of tokens that have been bridged by users
The dollar volume of the bridge of each token :heavy_dollar_sign:
Growing the number of bridges per token
Bridge dollar growth per token :heavy_dollar_sign:

The first actions of users after the bridge

:triangular_flag_on_post: In the following 5 charts, the above items are checked→

10 popular actions after bridge
10 popular actions after bridge as a percentage
10 popular post-bridge actions on a daily basis in the last month
10 popular post bridge actions on a daily basis in the last month based on the number of unique wallets
Growth of the number of 10 popular actions on a daily basis

The first destinations of users after the bridge

:triangular_flag_on_post: In the following 5 charts, the above items are checked→

10 popular destinations after bridge
10 popular destinations after the bridge as a percentage
10 popular destinations after bridge on a daily basis in the last month
10 popular post bridge destinations on a daily basis in the last month based on the number of unique wallets
Growing the number of 10 popular destinations on a daily basis

:triangular_flag_on_post: In the following chart, the 10 popular destinations of users after the bridge have been checked with a breakdown of actions

Conclusion

🟢The most bridged token in terms of dollar volume and popularity by USDC users is about 55% compared to all tokens and about 66% popularity

🟢The most bridge was on August 17

🟢The largest bridge dollar volume was on August 23

🟢The highest growth has been for the USDC token and this growth has intensified since the middle of August

🟢In terms of dollar volume, the USDT token has grown significantly on September 11

written by

`Discord ID: Sal☰h#1747`

`email : saleh.mz@gmail.com`

**twitter : **

🟢The most popular action after Bridge Transfer is about 50% of all actions

🟢The most action after the bridge was on August 17

🟢The graph of the growth of actions after the bridge, we see the decline of transfer actions after September 1

🟢The most popular destination after the bridge hop protocol has been that among the 10 most popular destinations, about 65% of the total share has been included.

🟢On September 5, we see the growth of popularity of hop protocol after bridge

🟢In the category of the most popular post-bridge destinations and by grouping the actions, we see the most actions on uniswap

What does bridging mean?

Blockchains can be likened to dreamy, super-advanced islands, each completely isolated in the ocean, but none of these islands are connected to each other. The fact that the islands do not have the ability and power to communicate with each other does not mean that there is no such desire at all. Each of these islands are very luxurious and full of attractive facilities that every traveler would like to use, but these attractive and luxurious facilities are definitely different in each island and maybe someone wants to benefit from the capabilities of another island, while which is sure that he can return to his island in any case.

Blockchains used to be like islands separated from each other, but with the help of Bridge they were able to communicate!