Inflows and Outflows (redux)
Overview
In this dashboard, we check the volume of Ethereum and 4 other stablecoins that have been transferred between the Ethereum and Optimism blockchains.
And we compare the usd volume and the number of transactions and the number of users for each asset
Method
To find this data, I used the ethereum.core.ez_eth_transfers table for the volume of ethereum and the ethereum.core.ez_token_transfers table for the volume of stable coins.
And for the volume transferred from Ethereum to Optimism, I used this contract ‘0x99c9fc46f92e8a1c0dec1b1747d010903e884be1' and for the volume transferred from Optimism to Ethereum, I used this contract '0x25ace71c97b33cc4729cf772ae268934f7ab5fa1'
Chart & Analysis
First, we check the volume and number of transfer transactions in general, and then we check them more closely
(Deposit in the charts below refers to transfer transactions from Ethereum to Optimism And withdrawal also means transfer transactions from Optimism to Ethereum)
In terms of the number of transactions and users, deposit transactions are much more than withdrawals, but this difference in their usd volume is much smaller.
We will examine them in more detail below
ETH ➡️ OP
• The highest number of transactions and users is related to the end of 2021 and especially September and October
• But in terms of volume, we have grown significantly in the last three months, while the number of transactions and users is much lower than the average in 2021.This is a sign of the trust of big wallets and users in the optimism blockchain towards 2021.
•More than 90% of transactions are related to ethereum, while usdc has the first place in terms of volume.This indicates that USDC transactions are larger than Ethereum
•But the total volume of their deposits is not much different
OP ➡️ ETH
• The number of withdrawal transactions is very much less than that of deposits And this difference is so great that they cannot be compared to each other at all
• But the volume that withdrawn is half of the amount deposited to Optimism This indicates that withdrawal transactions are much larger than deposit tx
• The largest volume of withdrawals is related to usdc But the largest number of transactions and users is related to Ethereum