Bridge Analysis (Flow)
Introduction
Flow is a blockchain platform that is quick, decentralized, and user-friendly for developers. Its purpose is to facilitate the creation of a new generation of games, apps, and the digital assets that power them. It is scalable without sharding because to the incorporation of several roles into a single platform, and it nevertheless manages to maintain an ACID-compliant environment that is pleasant to developers.
Method
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In this dashboard I used
flow.core.fact_bridge_transactions
and joint it withflow.core.fact_prices
andethereum.core.fact_hourly_token_prices
to find Volume of bridged base on Price in USD on each blockchains. -
I found two types of tokens bridged from /To Flow to another Blockchains (base on Direction column on
flow.core.fact_bridge_transactions
table). Non-Natives and Natives alike make up the majority of the group. The Flow pricing table had native token prices, and the Ethereum price table included non-native token prices.
Discord:0xHaM☰d#8391
Q18. What tokens and blockchains are users interacting with when bridging to and from Flow? \n
In this dashboard I trying to look at the following questions:
- what protocols users are leveraging after bridging TO Flow from another chain?
- what chains contribute to the most bridge volume?
Or could be done the reverse,
- where are users going from Flow to another chain going?
- What were they interacting with on Flow before bridging out?
Findings
**Bridged From Flow:**
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The destination of More than 71% of the bridging volume was Solana network.
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$Blacto Token is responsible for more than 72% of the volume that is bridged from the Flow network to other network.
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More than 46% of all unique users have utilized Ethereum to connect from Flow. Solana comes in second, followed by BSC.
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More than 49% of the bridged volume was for connecting Blacto Token from the Flow network.
Bridged To Flow:\
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More than 86% of the bridging volume was generated by Ethereum.
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$RLY is responsible for more than 78% of the volume that is bridged to the Flow network.
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More than 40% of all unique users have utilized Solana to connect to Flow. BSC comes in second, followed by Ethereum.
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More than 54% of the bridged volume was for connecting Blacto Token to the Flow network.
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