ZK Sync - ERC20 Tokens

    Users can also deposit ERC20 tokens into ZkSync. Which ERC20 tokens have been deposited the most (in $ volume and total count) in the last 60 days? Visualize and explain both findings.

    ZkSync

    • ZkSync is a scaling solution for Ethereum that is live on mainnet. zkSync is a trustless protocol for scalable low-cost payments on Ethereum, powered by zkRollup technology. It uses zero-knowledge proofs and on-chain data availability to keep users' funds as safe as though they never left the mainnet.
    • Try out zkSync
    • zkSync for Developers

    zkSync features

    • Mainnet-level security with zero reliance on 3rd parties
    • ETH and ERC20 token transfers with instant confirmations and 10-minute finality on L1
    • Ultra-low transaction fees (~1/100th of mainnet costs for ERC20 tokens and ~1/30th for ETH transfers)
    • No registration is required to receive funds
    • Payments to existing Ethereum addresses (including smart-contracts)
    • Fees conveniently payable in the token being transferred
    • Withdrawals to mainnet in ~10 minutes

    Description of work:

    Users can also deposit ERC20 tokens into ZkSync. In this Bounties we want to review and analyze the following:

    • Which ERC20 tokens have been deposited the most volume ($) in the last 60 days
    • Which ERC20 tokens have been deposited the most (in total count) in the last 60 days

    Note

    • We use the [ethereum] schema and [ez_token_transfers] table
    • zkSync Contract Address is 0xabea9132b05a70803a4e85094fd0e1800777fbef
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    1 ---> Top 10 ERC20 tokens have been deposited the most volume

    To do this, we sum(amount) and sum(amount_usd) for each symbol, provided that:

    • origin_to_address = '0xabea9132b05a70803a4e85094fd0e1800777fbef' ---> zkSync Contract Address
    • block_timestamp::date >= current_date - 60 ---> In the last 60 days
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    According to the results, it can be seen that:

    • It can be seen that stablecoins have more volume. This could be due to market downturns as users try to convert their assets to stablecoins to save capital.
    • The USDC token with 27840152.589960 has the highest volume compared to other tokens. It accounts for approximately 41.83% of the total volume
    • In the next are WBTC with volume 18448538.2926417 (27.71% of total) and USDT with volume 12114527.9938195 (18.2% of total).
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    2 ---> Top 10 ERC20 tokens have been deposited the most count

    To do this, we count(tx_hash) for each symbol, provided that:

    • origin_to_address = '0xabea9132b05a70803a4e85094fd0e1800777fbef' ---> zkSync Contract Address
    • block_timestamp::date >= current_date - 60 ---> In the last 60 days
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    According to the results, it can be seen that:

    • The USDC token with 3374 (31.94% of total count) has the highest number of transactions compared to other tokens. In the next are STORJ with 2516 (23.82% of total count) and LDO with 1524 (14.42% of total count).
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