Bounty Brief

• The dashboard tracks the outflows of LUNA and UST to Osmosis, Secret, Axelar, and Injective.
• And attempts to arrive at some insights/conclusions!

I. Daily Outbound Amounts

II. Cumulative Value(USD) Bridged

For the 2 charts below:

• LUNA's USD value is taken as the average of it's hourly prices for the day.
• UST & USD are assumed pegged, ie 1:1.

• The 2 charts below track the daily outbound amounts of LUNA & UST to our IBC channels of interest.

• It is evident that OSMOSIS was the earliest IBC channel to be activated/released.
• Despite newer channels being added over time, so far no impact seen on OSMOSIS' dominance.

• WOW! Osmosis leads the pack by miles.

Given OSMOSIS' early start, perhaps it's worth looking at some more metrics...And during a more neutral time frame!

• Let's take the time range: Jan 20 - March 10 2022

III. Daily Transactions

IV. Average USD Value per Transaction

• Osmosis getting good competition from Axelar after it's launch!

• It's head to head between Osmosis & Axelar when it comes to transactions per day.
• The rest of the pack is lagging far behind.

• Despite Axelar's high transactions, its average USD transacted is far too low, the lowest even!
• Osmosis the leader as usual.

FINAL VERDICT:

• What's the best/most preferred/liked IBC channel to bridge to? Well, that's OSMOSIS.
• What's the second-best? There is no second-best channel to bridge to!
• (As per current trends)