Distinct Wallets (Optimism Bridge)

    Q1. Many blockchain bridges exist allowing users to move assets between different blockchains. One of the blockchains currently receiving a lot of bridge volume is Optimism. There are several bridges you can use to move tokens to Optimism, but for this bounty, we are particularly interested in Optimism’s bridge. How many distinct wallets have deposited or withdrawn ETH to Optimism via the native bridge in the last 60 days? Visualize your findings.

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    Methodology

    • The purpose of this study is to determine the daily and cumulative number of unique wallets that have deposited ETH to Optimism over the native bridge during the last 60 days.
    • We also calculate the daily and cumulative number of unique wallets that have withdrawn from Optimism over the native bridge during the last 60 days.

    The graph shows the daily and cumulative number of unique wallets that have deposited ETH to Optimism over the native bridge during the past 60 days. The daily number of unique wallets that have deposited ETH to Optimism is more likely to be erratic, peaking on June 1, 2022. When we look at the cumulative number of unique wallets, we can observe that the trend is slowly growing over time, indicating that few users have deposited ETH to Optimism.

    The chart illustrates the daily and cumulative number of unique wallets that withdrawn from Optimism over the native bridge during the past 60 days. The daily number of unique wallets seems to be on an upward trend, with the peak number of wallets occurring on June 8, 2022. Observing the cumulative number of distinct wallets over time reveals an upward trend, showing that an increasing number of users have withdrew their assets from Optimism.