Introduction

Through the utilisation of multi-token liquidity pools, the Swim Protocol makes the process of moving tokens from one blockchain to another significantly more straightforward. It is constructed on top of Wormhole, which is one of the most well-known bridges that enables users to more quickly move assets between various different blockchains. This capability is provided by the fact that Wormhole served as the foundation for its construction. Users will be able to transfer assets in a more expedient manner as a result of this construction.

Method

In this dashboard I used solana.core.fact_events table and filtered transactions by contract of SWimmSE5hgWsEruwPBLBVAFi3KyVfe8URU2pb4w7GZs to extract all transactions on swimm protocol. In addition, some token contracts on Swim and their network were discovered while researching the documents. I then proceeded to calculate all of the parameters based on these.

Analysis

Overall View

• To bridge, USDC is by far the most common token used. Bridged from USDC for close to 750 million dollars.
• After USDC, the most common token used to bridge transactions is GMT. Almost 600 million dollars were raised by this.
• I moved swim USD to the appropriate other category.
• From what I can tell, the majority of users crossed their stablecoin.

Conclusion

• In total 80k transactions was made by 21k unique user.
• The number of transactions and unique users continued to rise until the 31st of March, following which it began a steep downward trend that continues to this day.
• With a market share of 28 percent of all volume spanned, USDC is by far the most popular asset to bridge.
• Polygon has the highest cumulative growth rate compared to other chains while being the most popular chain overall.
• Users are bridging their Stablecoins at a larger rate than the other, 74.5 percent of the count of transactions rather than 25.5 percent, and 65 percent of the spanned volume in comparison to 35 percent.
• On May 28th, BNB chain added to Swim with more than 582m in bridged volume on that date.
• since June 6th, the BNB chain up to second place in cumulative tx count after polygon to date.
• After June 24th, We can see Fantom and Aurora activities.
• As of Vis 7, we can see that most of bridged volume took placed to 25 count of transactions, to 550m, and more than that the volume went below 250m.

About:

• Author: HaM☰d

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• Discord: 0xHaM☰d#8391

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• Twitter: @arjmandi_hamed

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• Email: h_arjmandi2012@yahoo.com

Swim Protocol provides a simple way to transfer tokens across chains via multi-token liquidity pools. It is built on top of one of the most infamous bridges, Wormhole, which allows users to more seamlessly transfer assets across multiple blockchains. \n

Create a dashboard for Swim on Solana including at least the following metrics (add anything else you find interesting):

• Total Volumes
• Total unique users
• Most popular destinations from Solana
• Most popular stablecoins and non-stablecoins traded over time