Outbound Traffic
Terra Bridge one of best bridge in Blockchain, easy to use, clean UI, low fee and support lot's of Blockchain is some of advantages of Terra Bridge.
In this question We must track the outflows of LUNA and UST to other IBC blockchain that currently available in Terra Bridge ( Alexar is not available in terra bridge but actually for bridge from fantom or Avalanche token sent to Alexar then send to This network)
as start of this question I try to do some transaction with Terra birdge to see how this TX perform.
as We see in picture type of transaction is ibc application transform MSG transfer
and reciver address start with osmo1
and source port is transfer
. for other blockchains we can use
- osmo for Osmosis
- secr for Secret
- inj1 for Injective
- axel for Axelar
now we have all information about transaction so it is time to show this info
as See this chart all network have an address that most of token goes these address but there is another address that have some transaction. to remove these noise address I just select address that have max TX and remove others
such Luna, UST has same behavior and Amount of Transferred has higher Value but in some day Axelar has more Tx
As we see Amount of Terra transferred in Osmosis In more than All other blockchain and some Times Axelar beside have more Tx count than Osmosis has lower Amount. other blockchain also so much lower than these two
As we see Osmosis is target for most of Terra Bridge TX but as some period (Start of bridge for phantom and Avalanche) Axelar has gain TX but still has lower Amount
aslo we see Amount of UST Transferred vs Luna Price also Count of TX for Transferring UST with Bridge VS Luna Price