Try Quests to earn cryptoBentoBox TVL Analysis
In this dashboard, let us assess the total value locked in Bentobox across Polygon and Ethereum blockchains and identify which chain would bring the most activity to BentoBox, with required graphs and visualizations.
TVL which means the Total Value Locked, is one of the most popular metrics used for measuring the efficiency or performance of Decentralized Finanace applications and this parameter represents the total amount of crypto tokens (in USD) locked over the DeFi smart contracts. Now, let us analyze the Total Value locked (TVL) in Bentobox across Polygon and Ethereum over the particular time period.
Here is the visual that shows the total value locked (TVL) in Bentobox over the past 2 months on Polygon network and could see that the highest TVL has been observed on 18th Feb 2022 in the last 2 months time period.
In this below chart, we can see the total value locked in Bentobox over the Polygon network over the past 2 months captured on a weekly basis and it is clear that Week7,2022 records the maximum total value locked during the last 2 months time duration.
The below graph shows the total value locked in Bentobox over the past few weeks on Ethereum blockchain and it is observed that maximum total value locked of 836.88B has been observed on 16th March 2022. Contract address for Bentobox on Ethereum blockchain 0xb5891167796722331b7ea7824f036b3bdcb4531c
The below graph shows the Total Transaction Volume in Bentobox over the Ethereum blockchain in the past few weeks and could see the highest volume has been recorded on 16th March 2022.
Methodology:
In order to analyze the Bentobox transactions and its Total value locked on Ethereum and Polygon blockchains, we have used udm_events tables considering the time period of past 2 months and here are the contract addresses for Bentobox on
Polygon : 0xe2f736b7d1f6071124cbb5fc23e93d141cd24e12
Ethereum : 0xb5891167796722331b7ea7824f036b3bdcb4531c
Conclusion:
On seeing the above graphs and visuals, we could sense most of the Bentobox transactions or activity has been observed on Polygon chain, when compared to Ethereum as there are very few transaction activity has been noticed on Ethereum blockchain. So, we can conclude that Polygon chain brings most activity to BentoBox.