Axelar Bridge

    In previous bounties, we have tracked token flows using Satellite. Today, let's take that a step further and plot out user types and their behavior leveraging Axelar's bridge. How often are people using Satellite - one-time transfers into IBC or more consistent/steady streams? Does this vary based on wallet size? Does this vary based on the ecosystem they are bridging from/to?

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    What Is Axelar?

    Axelar delivers secure cross-chain communication for Web3. Our infrastructure enables dApp users to interact with any asset or application, on any chain, with one click.

    Axelar is an overlay network, delivering Turing-complete message passing via proof-of-stake and permissionless protocols. Developers use Axelar to go beyond bridges, creating dApps that securely integrate users, functions and assets across all of the decentralized web.

    Methodology

    In this Dashboard we will investigate Axelar Bridge statistics like Total Users, Total Transactions, etc since inception so all charts and Numbers show data about Axelar Bridge Since Inception. furthermore, We Investigate Assets data and We try to find the most popular assets among Bridgers.

    If you had any problem or you see unclear data, you could send a message.

    My Discord Handle: Berg#0013

    Key Insights

    Total Statistics

    • Total Axelar Bridge has experienced about 370K bridge transactions. in addition, this Bridge has experienced about 74.5K Users that used this protocol and bridged their assets so we call them bridgers.

    • on average each Bridger has done about 5 transactions on this protocol. also, these bridgers has bridged their assets to 89K different destination wallets.

    • Totally Axelar Bridge Has 8 Chain.

    • Axelar Bridge has experienced about 1.5B USD as Total Bridge USD Volume since inception. also, Bridgers bridged about 111K ETH via this protocol, about 141M AXL, 1.78B USDC, 400M UST, 393 BTC and finally 1.36M ATOM. it seems Axelar bridge has experienced enormous volume since inception.

      Other Data

    • 0x16c5d5ef8e8d41ad626ecb0d2f7b8179f4ae856e this user has received the highest number of bridge transactions on Axelar bridge with about 1.6K. also, this user has about 17% ratio of all bridge transactions. in addition, this user has received the highest amount of USD Volume with about 4.3M USD. furthermore, this user has about 43% ratio of all USD Volume that received to Destination wallets. also these funds bridged to Polygon Network. also, ki1hlmgqd5kav9t6ghv5dfdjvnlnzal5s7cjyegc3 this user has second place in terms of transactions number with about 1.4K this address is on Ki Network while 0x90E34f5DF30F0510D32BB5E35816A2204E241fEb this user has the highest volume of USD Volume with about 58.8M USD also these funds bridged to Ethereum.

    • axelar1pu2swc0n0trftldhz57pyqkw6d87hahn7g697c this user has the highest number of bridge transactions from Axelar network with about 2.9K.

    • in terms of Compare networks together, Axelar has the highest number of Origin Bridge with about 228.7K after it, Avalanche with about 39.3K, Polygon 39.2K and Ethereum with about 37.9K and the lowest number belongs to Aurora with 2 transactions.

    • in terms of Compare networks together, Osmosis has the highest number of Destination Bridge with about 70.8K after it, Ethereum with about 58.3K, Terra 50.4K and Polygon with about 49.8K and the lowest number belongs to Aurora with 9 transactions. but in terms of USD Volume, the highest USD Volume belongs to Ethereum with about 1.13B and after it Polygon has about 113.7M USD.

    • in terms of investigate most popular assets, AXL has the highest number of Bridge transactions with about 372K and after it USDC with about 50.3K. also, AXL has about 83.5% ratio of all bridge transactions and USDC has 11.5%. furthermore, AXL has the highest number of Bridgers with about 74.6K and after it USDC has about 50.3K. also, AXL has about 50.5% ratio of all bridgers and USDC has about 34%. moreover, AXL has the highest bridge transactions per user with about 5.

    • AXL has the highest destination wallets with about 89K and USDC has about 18.2K.

    • Luna has the highest volume of asset that bridged via Axelar Bridge with about 87B. but in terms of USD Volume USDC has the highest amount with about 1.36B USDC.