• The metrics above depicts the details of daily blocks mined since 2 months before the merge.
• As can be seen, prior to the merge, there were around 6k to 6.4k blocks mined each day.
• The number of blocks mined increased since the day of the merge and have remained above 7k blocks mined each day.
• The average number of blocks mined prior to the merge is 6.29k and blocks mined after the merge is 6.76k.
• This indicates that following the merge, Ethereum blocks were mined more quickly and efficiently.

• The metrics above depicts the swapping to ETH analysis since 2 months before the merge.
• From the graph above, we can see that the number of buying ETH transactions and wallets has been steadily increasing after the merge.
• Furthermore, the USD volume appears to rise after a month of the merge and reached a high on November 9th with more than 2.18 billion USD in ETH bought.
• Since the merger, the swap to ETH metrics has undoubtedly been expanding healthily overall.

ETH Staked on Aave & Lido

Swapping to ETH

Conclusion

1. Blocks Mined:

   • Prior to the merge, around 6k to 6.4k blocks mined each day on Ethereum.

   • Since the day of the merging, more blocks have been mined, and the daily average has stayed over 7k blocks.

   • This shows that Ethereum blocks were mined more fast and effectively after the merging.

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2. Swapping to ETH:

   • In terms of buying ETH, there have been a rising number of ETH buying transactions and wallets since the merge.
   • In addition, the USD volume seems to be increasing a month following the merger, peaking on November 9th.

3. ETH Staked on Aave & Lido:

   • Number of stakers & ETH staked on Aave and Lido saw a huge increase since the day of the merge.
   • A high was reached after the merge in the number of ETH stakers and ETH staked amount on both platforms.

• The metrics above depicts the details of ETH staked on Lido & Aave since 2 months before the merge.
• On Aave, we can see that the number of unique stakers and ETH staked had spiked during the day of the merge with 457 stakers and 229.65k ETH deposited.
• Similarly, Lido shows an identical trend with a massive increase in stakers and amount of ETH staked.
• The number of unique stakers and ETH staked on both platforms peaked after the merge.

Merge Introduction

The Ethereum Merge merges Ethereum's PoS Beacon Chain and Mainnet in order to transition the blockchain away from the unscalable proof-of-work (PoW) mechanism. On the 15th September 2022, Ethereum has successfully made the transition to a PoS mechanism. Through the merging, operations have been moved from the current Ethereum Mainnet to the new Ethereum Beacon Chain. The energy use of Ethereum will be reduced by 99.95% as a result of this merge, allowing the Ethereum ecosystem to grow even further.

Dashboard Introduction

Ethereum Merge occurred on the 15th of September. Hence in this dashboard, we will be analysing the Ethereum ecosystem since 2 months before the merge, this is to determine whether there is a major transformation in the ecosystem after the merge.

Approach

1. Table Used: ethereum.core.fact_blocks, ethereum.core.ez_dex_swaps, ethereum.aave.ez_deposits, ethereum.core.ez_eth_transfers
2. Start date: July 15th, 2022 (2 Months Before Merge)

Topics

1. Blocks Mined
2. Swapping to ETH
3. ETH Staked on Aave & Lido
4. Conclusion

Blocks Mined