The ethereum network is a very busy network and as you can see, it has done nearly 102 million transactions in the last month, which is a very large number, while Optimism has done 19 million transactions in this period, which is still a long way to go. reach Ethereum and in the same period of time, the Ethereum network has 16 million active users and Optimism has 460 thousand active users, but there is a point, as I said before, Optimism users are much more active than Ethereum users.

The Ethereum network has received 173,000 ETH, which is close to 270 million dollars, from users, which is an average of 0.0017 ETH, but the Optimism network has received only 1,390 ETH equivalents to perform this number of transactions. It has received 2 million dollars for fee, which is an average of 0.000089 ETH, which is a very small amount compared to Ethereum, and this can be the reason why many users are attracted to this network.

Even though Optimism receives a small fee for its transactions, it performs its transactions successfully and the average percentage of successful transactions is 0.93, which is 0.96 for Ethereum, and this is not a big difference, and if the Optimism network It can increase its successful transactions with this low amount of fees, it can attract many users because users always try to make transactions in a network that both their transactions are successful and pay less fees.

Project : Optimism

Bounty Name : User Behavior (redux)

Question: How is user behavior different on Optimism compared to L1? Specifically, create a comparison between swaps and transactions on ETH mainnet vs Optimism, looking for things like daily swap volume, daily active users, and average volume swapped (use a single DEX for your comparison, either Uniswap or Sushiswap).

Date of analysis : 2022-10-26

Sushiswap

SushiSwap is a software running on Ethereum that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto assets.

Similar to platforms like Uniswap and Balancer, SushiSwap uses a collection of liquidity pools to achieve this goal. Users first lock up assets into smart contracts, and traders then buy and sell cryptocurrencies from those pools, swapping out one token for another.

One of a growing number of decentralized finance (DeFi) platforms, SushiSwap allows users to trade cryptocurrencies without the need for a central operator administrator.

This means that decisions relating to the SushiSwap software are made by holders of its native cryptocurrency, SUSHI. Anyone holding a balance of the asset can propose changes to how it operates, and can vote on submitted proposals by other users.

Methods

Tables I used: i use optimism.core.fact_transactions for Optimism and ethereum.core.fact_transactions for Ethereum Network. I count tx_hash for number of transactions of each network and count distinct from_address for Unique users of each network. I use optimism.sushi.ez_swaps for sushiswap on Optimism and ethereum.sushi.ez_swaps for sushiswap on ethereum. I sum (amount_in_usd) for amount swap volume in each network.

All data and analysis are from Last 3 month

Metrics

• Optimism VS Ethereum Network overtime
• Optimism VS Ethereum Network Total Stats
• Sushiswap Overtime
• Dominance percentage per network
• Sushiswap Total Stats
• Sushiswap Users Activity
• Sushiswap Popular Pools

Conclusion

The Ethereum network has very active and loyal users due to its brilliant and long-term history, and for this reason, there is a lot of activity on this network, but the point is that the Optimism network successfully performs transactions with a very high accuracy. And it receives a much lower fee than Ethereum, and this can be a very good sign that many users will be attracted to this network, and if the users of this network increase, the effectiveness of platforms like SushiSwap will naturally increase and attract other platforms. and as a result, the development of this network

Thanks for reading

• All data used are from: Flipside Crypto

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• My Twitter: Sepehrmhz8

Optimism VS Ethereum Network Overtime

We all know that Ethereum is a very powerful network and a network that people trust a lot, and it is very, very difficult to compete with this network because this network has its own very active and loyal users, and for this reason, different networks must Their performance should be excellent so that it can compete with the Ethereum network.

As you can see in the chart below, the number of daily Ethereum transactions is several times that of Optimism, and the activity of users on the Ethereum network is much higher than Optimism. The percentage of dominance of optimism transactions was around 10% from the end of July to September 18, but after that it grew very suddenly, reaching 24% on September 21, which was the highest percentage of optimism dominance in the past 90 days, and from that day to Later, it was able to maintain his mastery percentage at around 15% and not less than that. Naturally, the number of active Ethereum users is much higher than Optimism, and the percentage of Optimism's dominance in the number of users is around 5%, the highest amount during the last 90 days was on October 5, which reached 13%.

The number of daily transactions is very high, and for this reason, the network speed must be high in order to be able to perform this number of transactions, because if the speed is low, it will cause users to get frustrated and they will be discouraged from the network, and as you can see, the speed of the transaction in the Ethereum network is a high and good number and the number of transactions in this network is around 13 per second and the number of Optimism transactions per second is around 2 transactions, which is much lower than Ethereum.

Active users in a network can cause new users to be attracted to this network because if users are active, the number of transactions will increase and as a result the network will improve day by day, so the presence of active users is very important for a network. and we see these active users in the Optimism network, because on average each user of this network performs close to 10 transactions, but in the Ethereum network, this number is close to 3 transactions per user, which according to the high number of transactions in Ethereum, this The number per user is not a good number.

You definitely know that every network must receive a fee from each transaction in order to continue its operation without problems, but the most important thing is that this fee should not be high and should be proportional to the services provided by the network. Because if it is more than its services, its users will not use this network due to the high cost.

Ethereum network because the number of its transactions is very high, the amount of fee received by this network is very high and it can be said that the amount of fee received by this network is almost proportional to the number of its transactions, but if there is a network that can handle this number of transactions to do and not receive much fee for it can become very popular and this is what Optimism network is doing and the amount of fee received by this network is much lower than Ethereum.

Optimism VS Ethereum Network Total Stats

Sushiswap Overtime

The ethereum network has many users, and for this reason, various platforms tend to work in a network method that has many users and the users of that network use the platform, one of those big platforms is Sushiswap, which has been on the ethereum network for a long time.

The number of SushiSwap swaps on the Ethereum network is much more than that of Optimism, and SushiSwap is much more popular on the Ethereum network than the Optimism network.

Because the number of SushiSwap swaps on the Optimism network is very low, the volume of swaps is also very low, and Ethereum has recorded very high statistics in all cases, which Optimim has not even come close to, and this is a point It is that in the last few days, the number of Optimism network transactions has grown well, but we see that the number of SushiSwap swaps has not grown significantly, so we conclude that Optimism network should encourage its users to use the platforms on its network.

Dominance percentage per network

The amount of Sushiswap activity on the Ethereum network is so high that comparing it with Optimism is not worth much, but the point is that in the last few days, the percentage of Optimism's dominance in the number of swaps has increased significantly, so that on October 15 reached the number 4, which is a good number in front of the very large ethereum network, and this shows that Optimism must try hard to attract new users to use the platforms on its network, because if the existing platforms of their users increase, it will Other platforms are attracted to this network

Sushiswap Total Stats

The total number of SushiSwap transactions on the Ethereum network was 707 thousand swaps in the last 3 months, while the total number of SushiSwap transactions in Optimism was only 9 thousand swaps during this period of time, which shows that Optimism has a long way to go. It has to reach Ethereum, but it can because the activity on this network has increased significantly in the last few days.

The total number of Optimism users who are active in SushiSwap is only 3 thousand users, and this number is 145 thousand users in the Ethereum network, so this shows that the Optimism network must attract a lot of users to grow its network.

Sushiswap Users Activity

As I mentioned before, the activeness of users is very important because the number of users of a network or platform may be large, but these users are not active at all, so that platform does not progress.

Although the number of SushiSwap users on the Optimism network is not large, the same number of users are doing a good job because they do 3 swaps on average and their transaction volume is 215 dollars on average, which means they have a long way to go.

In the Ethereum network, all these figures are high, because Ethereum users make an average of 5 swaps and 15,000 dollars in SushiSwap, which is an indication of the high popularity of this network, and that is why platforms are interested to work in this network.

Sushiswap Popular Pools

The most popular sushi swap pool on the Optimism network is WETH-USDC, where 3,000 users made 6,600 swaps with a volume of $465,000, which shows that this pool is very popular among Optimism users, as nearly 60% of their swaps are done in this pool.

In the Ethereum network, the most popular pool is USDC-WETH, in which users made 90,000 swaps with a volume of 422 million dollars, which is a very large number, and this shows that this pool is very popular among users, as it accounts for nearly 25% of the total volume of user swaps in SushiSwap is for this pool.