Inflows and Outflows (redux)

    Inflows and Outflows (redux)

    The Question

    What is the volume of ETH and three stablecoins of your choice that's moved between the Optimism network and the Ethereum network across the bridge?

    How has that changed over time?

    Note any interesting trends or outliers that you see.


    Methodology

    In the first part of this dashboard, you can find general stats about bridging assets between Optimism and Ethereum in your preferred timeframe.second part is about bridging assets from Eth to Opt and the third part is about bridging assets from Opt to Eth.

    The selected stablecoins are USDC,USDT and LUSD

    Introduction

    What is cross-chain bridging?

    A cross-chain bridge typically involves locking or burning tokens on the source chain through a smart contract and unlocking or minting tokens through another smart contract on the destination chain. Token bridges often leverage a cross-chain messaging protocol for a specific purposeā€”to move tokens between blockchains.

    total Stats

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    Eth to Opt

    Findings

    • looking at the results , weekly bridged volume $ and tx count from Eth to Opt has been more than Opt to Eth . in the last 6 months , 44.86k bridging txs (done by 34k users) has been occurred from Eth to Opt and around 2k (done by 724 users) for reverse direction. Bridged value was 1.4B $ from Eth to Opt and 583M for reverse side.
    • avg amount $ by direction : Eth to Opt 31k - Opt to Eth 239 k
    • Median amount $ by direction : Eth to Opt 117 - Opt to Eth 29 k
    • amount $ per tx by direction : Eth to Opt 31k - Opt to Eth 300 k
    • amount $ per user by direction : Eth to Opt 43k - Opt to Eth 810 k
    • usd per day by direction : Eth to Opt 7.75M - Opt to Eth 3.26M
    • #txs per day by direction : Eth to Opt 249 - Opt to Eth 10
    • #users per day by direction : Eth to Opt 176 - Opt to Eth 4
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    Opt to Eth

    **Findings **

    • looking at the results of Eth to Opt , weekly bridged volume $ and tx count for ETH and USDC have been more than others .

    • in the last 6 months

    • tot user count by symbol : ETH 28k - USDC 4k - LUSD 91 - USDT 925

    • tot usd value by symbol : ETH 530M - USDC 730M - LUSD 10M - USDT 125M

    • tot tx count by symbol : ETH 37k - USDC 6k - LUSD 125 - USDT 1.2k

    • #txs per day by symbol : ETH 207 - USDC 34 - LUSD 0.6 - USDT 6

    • #users per day by symbol : ETH 157 - USDC 22 - LUSD 0.5 - USDT 5

    • Median amount $ by symbol : ETH 20k $- USDC 3.2k$ - LUSD 77$ - USDT 2.3k$

    • usd per day by symbol : ETH 3 M - USDC 4.5M - LUSD 58k - USDT 695k

    • amount $ per user by symbol : ETH 18k $- USDC 181k$ - LUSD 115$ - USDT 135k$

    • amount $ per tx by symbol: ETH 14k $- USDC 118k$ - LUSD 84$ - USDT 103k$

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