Shuttle vs. Wormhole

    In this dashboard, we will explore the users stats of Terra Shuttle and Wormhole bridges. This focused only on Terra users who bridged any assets from Terra to other blockchains through these two bridges.

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    For this dashboard, we will define those that has used at least Terra Shuttle Bridge and Wormhole at least once as overlaps. Out of the 27K total addresses that have made bridging transactions using either Terra Shuttle Bridge and/or Wormhole, only 247 of them uses both bridges.

    Bar graphs below shows the transactions count of overlap address over time.

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    First, let's take a look at the daily users and transaction count on both bridges. Most of the transactions uses Terra Bridges instead of Wormhole. Same case goes for addresses count.

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    Diagram below shows the growth of Wormhole bridge by transaction count percentage daily. Nowadays, transactions on Wormhole accounts for around ~2-4% daily.

    In conclusion, the adoption of Wormhole is quite slows but there is steady growth. Users tends to rely on Terra Bridge.