What Will You Read?

Many blockchain bridges exist, allowing users to move assets between different blockchains. One of the blockchains currently receiving a lot of bridge volume is Optimism. There are several bridges you can use to move tokens to Optimism, but for this bounty, we are particularly interested in Optimism’s bridge. We want to know How many distinct wallets have deposited or withdrawn ETH to Optimism via the native bridge in the last 60 days?

What is Optimism?

The Optimism Bridge allows you to transfer assets between L1 and Optimism. Orbiter. orbiter.finance. A decentralized cross-rollup Layer 2 bridge with a contract only on the destination side.

Method

There are two Optimism deposits address:

• 0x52ec2f3d7c5977a8e558c8d9c6000b615098e8fc

• This address includes only ETH transferred.

• 0x99c9fc46f92e8a1c0dec1b1747d010903e884be1 This address includes ETH and other ERC20 tokens. With ORIGIN_FUNCTION_SIGNATURE 0xb1a1a882, I eliminate other ERC20 Tokens and count only ETH addresses.

The below chart shows the total daily unique users that used the Optimism Native bridge to transfer their ETH from Layer 1 to Layer 2. As you can see, From May 11th, The total number of unique users started to increase until June 1st, 2022. After that, again, the total number of unique users decreased. The highest number of unique users that used Optimism Beidge happened on June 1st with more than 19K unique wallets.

This graph shows the cumulative unique users in the last 60 days. As you can see from May 30th, The slope of growth increased significantly.

The total number of unique users that used the native bridge to deposit their ETH is 54.1K unique wallets.

Thank You For Reading!

Written by Hess

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discord_id: hess#0890

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twitter_id: @hessaminanloo