Introduction

Welcome to the On-Chain Analysis Dashboard, a comprehensive tool designed to provide insights into the bridge activity of the Squid Router, a cross-blockchain bridge powered by the Axle Network. This innovative solution enables decentralized applications (dApps) to incorporate the Squid Router into their front-end, streamlining user interactions with the app regardless of the underlying asset chain.

By integrating Squid, dApps can improve accessibility while simultaneously generating volume through the bridge. This dashboard aims to assess the impact and effectiveness of these integrated front-ends within the Squid Router ecosystem. We will accomplish this by analyzing user activity, comparing bridge activity on Arbitrum to overall Squid usage, and evaluating the influence of front-end integrations on new users and sustained activity. In this analysis, we will specifically focus on the success and activity of the Vela integration of Squid. The Vela integration serves as an excellent case study to understand the potential benefits and implications of incorporating Squid Router into a decentralized application's front-end.

Key Objectives:

• Determine the significance of integrated front-ends in the Squid Router ecosystem.
• Assess the effectiveness of these integrations in driving Squid Router usage.
• Quantify the number of new users who utilize Squid due to front-end integrations.
• Analyze user activity duration to understand the long-term impact of these integrations on the Squid Router ecosystem.

By exploring these objectives, our On-Chain Analysis Dashboard will offer valuable insights into the effectiveness of front-end integrations, their role in driving Squid Router usage, and their overall impact on the cross-blockchain bridge ecosystem. Stay tuned for in-depth analysis and data-driven conclusions.