What is ZK Sync?

ZK Sync is a Layer 2 scaling solution that offers cheaper and faster transactions than the main Ethereum blockchain (Layer 1). Layer 2 solutions move most activity away from Layer 1, while still inheriting its security and finality.

Benefits

zkSync significantly reduces gas costs without sacrificing security or user control. zkSync gives you:

1. Low gas: up to 1/100 of L1 gas & cheaper than using optimistic rollups
2. High speeds: 2000+ transactions per second (tps) compared to 14tps on L1
3. Security: secured by the main Ethereum blockchain
4. Frictionless transfers: effortlessly move your crypto between L1 and Layer 2 without delays
5. Censorship resistance: you can move your assets back to L1 at any time

Methodology

1. Identify ZK Sync contract address (0xabea9132b05a70803a4e85094fd0e1800777fbef).
2. Filter ethereum.core.ez_token_transfers table with the contract address below to get:
   • Which ERC20 tokens have been deposited the most in $ volume in the last 60 days.
   • Which ERC20 tokens have been deposited the most in total count in the last 60 days.

Results

Deposits count

• This chart represents the daily and cumulative deposits on ZK Sync in the last 60 days.
• The chart has one clearly postive trend until May 24th. .
• However, during May 12th and 13th they registered the lowest deposits.
• From May 24th until today the trend sems to be estabilised. Not reaching higher highs neither lower lows.
• The day with more deposits on ZK Sync was May 24th with 1117 deposits.

• This chart represents the daily deposits on ZK Sync in the last 60 days by token.
• In the days with more deposits LDO is having almost all the market share.
• We can see how on other days USDC is the most predominant token.

In order to have a more clear view of the token distribution in the ZK Sync deposits let's make a normalised chart.

• This chart represents normalised daily deposits on ZK Sync in the last 60 days by token.
• In the vast majority of days USDC is the TOP 1 token deposited followed by USDT TOP 2. At the TOP 3 we can have or DAI or USDC.
• As comented on the previous chart May 24th and 22nd LDO was predominant on the market.

Finally, if we want to get a full overview of tokens deposited in the last 60 days we must have a look into the chart below.

• As expected USDC is having the highest volume on deposits (41%)
• In a 60 day overall LDO is the second token with more deposits (25,6%). However, this result does not reflect on the 60 day deposits view. In two days (May 24th, 22nd) the deposits on ZK Sync via LDO were so high and that is why LDO appears in the 2nd position.*
• TOP 3 goes for USDT with 17,9% of the deposits closely followed by DAI with 14,9 % of the deposits.

$ Volume

• This chart represents the daily and cumulative distinctamount of USD deposited on ZK Sync in the last 60 days in order to have a dollar view of the money deposited.
• The chart have 4 huge peaks of deposited USD on April 19th, May 10th, May 12th and May 29th. Looking back into the number of deposits it is curious that both peaks on May 10th and 12th happened when ZK Sync was having their one of their lowest deposit values. Therefore, the wallets depositing were adding much more USD than the average.
• Zk Sync have had $70,8 M in 60 days. Worth mentioning that we are under a bear market conditions.
• Except for this 4 days the chart has a stabilised trend
• The day with less USD deposited was April 24th with $ 388 k.
• The day with more USD deposited was May 10th with $5,4 M.
• 16 days happened between max and min amount deposited and more than $5 M of difference.

• This chart represents the daily $ amount deposits on ZK Sync in the last 60 days by token.
• In the days with more deposits UST, USDC and WBTC are having almost all the market share.
• We can see how on other days USDC is the most predominant token.

In order to have a more clear view of the token distribution in the ZK Sync deposits let's make a normalised chart.

• This chart represents normalised daily deposited $ amount on ZK Sync in the last 60 days by token.
• In the vast majority of days USDC is the TOP 1 token deposited followed by USDT TOP 2. At the TOP 3 we WBTC.

Finally, if we want to get a full overview of tokens deposited in the last 60 days we must have a look into the chart below.

• As expected USDC is having the highest volume on deposits (60%).
• In a 60 day overall UST is the second token with more deposits (19%).
• TOP2 goes for USDT with 19,6% closely followed by WBTC with 14 % of the deposits $ amount.
• Finally in the TOP4 Goes for DAI with 6% of the total $ amount.