Question

Where do people go when they bridge to Polygon from Ethereum? What are the 10 most popular first destinations for Polygon addresses that have just bridged from Ethereum?

Methodology

To solving this question, The first step is finding users bridged to polygon from ethereum. I found them from Ethereum schema by filterred below condition:

contract_address = '0x40ec5b33f54e0e8a33a975908c5ba1c14e5bbbdf'

above contract address belong to Polygon (Matic): ERC20 Bridge.

Then I used the address found in the Ethereum schema and looked for them in the polygon schema. I want the first transaction of each address that the time of the transaction on the polygon is after the time of the transaction on Ethereum.

in the last part, I should find the destination of these transactions and group them by to_address.

As you can see:

• more than 300 people use this contract address for bridge from ethereum to polygon.
• most of the people are unique per day.
• The maximum bridger was on Jul 29 with 718 success bridge and 645 unique user.
• The minimum bridger was on Jul 6 with 199 success bridge and 193 unique user.
• The number of bridge is almost constant over time.

The next charts show the token user used them for bridge.

As you can see:

• The popularity of token that bridged by users from Ethereum to Polygon is:

  • :1st_place_medal:USDC with 36.5%
  • :2nd_place_medal:SAND with 16.3%
  • :3rd_place_medal:DAI with 10.5%

• There is a spike for UFO token on Jul 29.

now lets to see the important part of this dashboard i.e the destination of new users come from Ethereum to Polygon in following charts.

I found above charts according to methodology I explain on the top of this dashboard.

As you can see:

• The popularity of destoination of new users comes from Ethereum to Polygon is:
  • :1st_place_medal:HOP protocol with 42.5%
  • :2nd_place_medal:Aave with 15.5%
  • :3rd_place_medal:QuickSwap with 104.2%

Conclusions

• more than 300 people use this contract address for bridge from ethereum to polygon and the number of bridge is almost constant over time.
• The maximum bridge was on Jul 29 with 718 success bridge and 645 unique user and the minimum bridge was on Jul 6 with 199 success bridge and 193 unique user.
• USDC is most popular token for bridge
• HOP protocol is most popular destination after entering user to Polygon from Ethereum.

\