Squid router verview

👀 Observation 2

Ethereum to other chain

In this section, an overview of the transfer from the ethereum chain to other chains using the squid router is shown. These parameters include: the number of transactions performed, the number of active users, the volume of transactions performed, and the transaction fee (overall and average), which is displayed daily and overall.

• Maximum count of transaction in one day was in ==2 Feb 2023== was ==28== transaction that must of them (==13==) was for ==Ethereum to Fantom==.
• Maximum total count of transaction for ethereum to other chain was for ==Avalanch== chain with ==78== transaction.
• Maximum volume of transaction in one day was in ==2 Feb 2023== was ==over 30 K ETH== volume that must of them (==25.64 K ETH==) was for ==Ethereum to Fantom==.
• Maximum total volume of transaction for ethereum to other chain was for ==Fantom== chain with ==over 80 K== volume.
• Maximum total count of users for ethereum to other chain was for ==Avalanch== chain with ==over 60== user.
• Maximum transaction fee was for ==Ethereum to Fantom== chain with around ==0.6 ETH==.
• Maximum average transaction fee per transaction was for ==Ethereum to Fantom== chain with around ==0.0086 ETH==.

Polygon to other chain

👀 Observation 3

Polygon to other chain

In this section, an overview of the transfer from the polygon chain to other chains using the squid router is shown. These parameters include: the number of transactions performed, the number of active users, the volume of transactions performed, and the transaction fee (overall and average), which is displayed daily and overall.

• Maximum count of transaction in one day was in ==22 Dec 2022== was ==over 80== transaction that must of them (==40==) was for ==Polygon to Polygon==.
• Maximum total count of transaction for polygon to other chain was for ==Avalanch== chain around ==400== transaction.
• Maximum volume of transaction in one day was in ==9 Feb 2023== was ==over 15 K Matic== volume that must of them (==12 K Matic==) was for ==Polygon to Avalanch==.
• Maximum total volume of transaction for polygon to other chain was for ==Fantom== chain with ==over 30 K Matic== volume.
• Maximum total count of users for polygon to other chain was for ==Avalanch== chain with ==over 200== user.
• Maximum transaction fee was for ==Polygon to Avalanch== chain with around ==18.66 Matic==.
• Maximum average transaction fee per transaction was for ==Polygon to Fantom== chain with around ==0.09 Matic==.

Binance Smart chain to other chain

👀 Observation 4

Binance smart chain to other chain

In this section, an overview of the transfer from the binance smart chain to other chains using the squid router is shown. These parameters include: the number of transactions performed, the number of active users, the volume of transactions performed, and the transaction fee (overall and average), which is displayed daily and overall.

• Maximum count of transaction in one day was in ==5 Feb 2023== was ==34== transaction that must of them (==40==) was for ==Binance to Polygon==.
• Maximum total count of transaction for Binance to other chain was for ==Polygon== chain ==over 60== transaction.
• Maximum volume of transaction in one day was in ==5 Feb 2023== was around ==15 K BNB== volume that must of them (==6.48 K BNB==) was for ==Binance to Celo==.
• Maximum total volume of transaction for Binance to other chain was for ==Moonbeam== chain with ==over 15 K BNB== volume.
• Maximum total count of users for Binance to other chain was for ==Polygon== chain with ==over 60== user.
• Maximum transaction fee was for ==Binance to Moonbeam== chain with around ==around 0.178 BNB==.
• Maximum average transaction fee per transaction was for ==Binance to Celo== chain with around ==around 0.0025 BNB==.

Arbitrum to other chain

👀 Observation 5

Arbitrum to other chain

In this section, an overview of the transfer from the arbitrum chain to other chains using the squid router is shown. These parameters include: the number of transactions performed, the number of active users, the volume of transactions performed, and the transaction fee (overall and average), which is displayed daily and overall.

• Maximum count of transaction in one day was in ==5 Feb 2023== was ==16== transaction that must of them (==8==) was for ==Arbitrum to Binance==.
• Maximum total count of transaction for Arbitrum to other chain was for ==Binance== chain ==over 40== transaction.
• Maximum volume of transaction in one day was in ==2 Feb 2023== was around ==3 K ETH== volume that must of them (==2.5 K ETH==) was for ==Arbitrum to Ethereum==.
• Maximum total volume of transaction for Arbitrum to other chain was for ==Ethereum== chain with ==over 2.5 K ETH== volume.
• Maximum total count of users for Arbitrum to other chain was for ==Binance== chain with ==24== user.
• Maximum transaction fee was for ==Arbitrum to Binance== chain with around ==over 0.01 ETH==.
• Maximum average transaction fee per transaction was for ==Arbitrum to Binance== chain with around ==0.00028 ETH==.

Avalanch to other chain

👀 Observation 6

Avalanch to other chain

In this section, an overview of the transfer from the avalanch chain to other chains using the squid router is shown. These parameters include: the number of transactions performed, the number of active users, the volume of transactions performed, and the transaction fee (overall and average), which is displayed daily and overall.

• Maximum count of transaction in one day was in ==1 Feb 2023== was ==47== transaction that must of them (==28==) was for ==Avalanch to Polygon==.
• Maximum total count of transaction for Avalanch to other chain was for ==Polygon== chain ==around 400== transaction.
• Maximum volume of transaction in one day was in ==9 Feb 2023== was around ==60 K avax== volume that must of them (==40 K avax==) was for ==Avalanch to Moonbeam==.
• Maximum total volume of transaction for Avalanch to other chain was for ==Moonbeam== chain with ==around 56.3 K avax== volume.
• Maximum total count of users for Avalanch to other chain was for ==Moonbeam== chain with ==over 50 K== user.
• Maximum transaction fee was for ==Avalanch to Polygon== chain with around ==over 6.25 avax==.
• Maximum average transaction fee per transaction was for ==Avalanch to Ethereum== chain with around ==0.016 avax==.

Ethereum to other chain

👀 Observation 1

In this section, an overview of the squid router is shown. These parameters include: the number of transactions, the number of active users, and the volume of transactions that are displayed daily and overall. There is also a category for users that shows active users in each network or shared networks.

• Maximum count of transaction in one day was in 6 Feb 2023 with around ==150== transaction.
• Maximum count of transaction was for ==polygon to avalanch== chain with around ==395== (==14.4%==) transaction.
• Maximum count of users in one day was in 6 Feb 2023 with over ==100== users.
• Maximum count of users was for ==avalanch to polygon== chain with around ==208== (==11.7%==) transaction.
• Maximum volume of transaction in one day was in 9 Feb 2023 with around ==80 k== transaction volume.
• Maximum volume of transaction was for ==Ethereum to fantom== chain with around ==92.05 k== (==17.2%==) transaction.
• Most of users was ==polygon== chain users with ==303== (==41.4%== of all users)
• In the second place most of users was ==avalanch== chain users with ==189== (==25.8%== of all users)

❓Axelar - 2. Squid Launch Analysis

Using the relevant contracts found here, analyze Squid’s first week of activity. Provide analysis on the following metrics:

1. Total Unique Users
2. Average USDC transfer amount
3. Most popular source/destination chains
4. Most popular pathways
5. Total Unique Tokens swapped
6. Total Volume transferred

📝 Introduction

Axelar

An overview of the Axelar Network

​Axelar Network delivers secure cross-chain communication for Web3.

Squid is made possible via Axelar's technology, and utilises Generalised Message Passing.

Squid's payments can be executed atomically with other cross-chain logic passed via Axelar, so users only need to submit a single transaction to carry out arbitrarily complex tasks.

Squid is the go-to liquidity module for developers building on top of Axelar. Wherever cross-chain payments are needed, Squid can be easily imported with a few lines of code.​

What is the difference between Squid and Axelar?

Axelar is like internet infrastructure for blockchains. It allows you to do anything between any chain, securely. Squid is an application which uses which uses Axelar's network to send assets between chains, swap them, and use them easily on each chain. Axelar makes it possible to connect all applications and users on all chains, but Squid actually connects them, letting users access apps with a single click, no matter where their wallet is. [source]

✍🏻 Methodology

In this dashboard, the squid platform is examined on each network. In this dashboard, first an overview of Pletram is displayed, then the platform is checked on each network separately. In this review, fact_token_transfers, fact_event_logs and fact_transactions tables are used for data extraction.

Totaly filters :

topics[0] = '0x999d431b58761213cf53af96262b67a069cbd963499fd8effd1e21556217b841'

to_address LIKE lower('0xce16f69375520ab01377ce7b88f5ba8c48f8d666')

contract at each chain:

• Arbitrum = '0xEB466342C4d449BC9f53A865D5Cb90586f405215'
• Polygon = '0x750e4C4984a9e0f12978eA6742Bc1c5D248f40ed'
• Binance chain = '0x4268B8F0B87b6Eae5d897996E6b845ddbD99Adf3'
• Avalanch = '0xfaB550568C688d5D8A52C7d794cb93Edc26eC0eC'

📃Contact Data

Discord : Abolfazl#2441

Email : Abolfazl.yeganeh77@gmail.com

Twitter : profile

Twite of this analyze : Link

thanks for MetricsDao and Flipsidecrypto team

Source

Introduction

Image