What is Optimism?

> Optimism is a layer 2 chain, meaning it functions on top of Ethereum mainnet (layer 1). Transactions take place on Optimism, but the data about transactions get posted to mainnet where they are validated. It’s like driving in a less crowded side street while benefiting from the security of a highway. > > Optimism is the second-largest Ethereum layer 2 with a total of $313 million locked into its smart contracts, as of this writing, according to Defi Llama. Arbitrum comes first with $1.32 billion. > > Synthetix, a derivatives liquidity protocol, is the largest protocol on Optimism, with a total value locked (TVL) of $125 million. Uniswap, a decentralized exchange (DEX), is the second most popular protocol on the chain. As of this writing, there are 35 protocols on Optimism with at least $1,000 locked into their smart contracts.

FINDINGS

From optimism to ethereum 3B$ USD volume has been reached

FINDINGS

Number of users bridging is increasing on boh sides, with more bridge transactions happens

Findings

🔴​ 72% Of the bridge volume comes from Native Bridge.

🔴​ Native Bridge made 25x more bridge transactions than Hop Protocol.

🔴​ In both sides, native bridge is in front of the Hop Protocol, there could be many reasons behind it, even if Hop Protocol offers a fast bridge, Optimism Native Bridge offers more secure and stable bridge.

Findings

🔴​ From bridges to Optimism we can see that in most of the days Native bridge had more transactions than Hop Protocol.

🔴​ In recent days bridges from Hop Protocol increased.

Methodology

Bridges : Bridge Transactions from one chain to another.

Volumes are shown in USD.

Some of the daily metrics are shown in Log scale to show small numbers bigger.