Just Keep Swimming
What Will You Read?
In this analysis, You will Read about Swim Protocol. We want to know what is the total Volumes that bridged through Swim. Also:
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Total unique users
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Most popular destinations from Solana
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Most popular stablecoins and non-stablecoins traded over time.
What is Swim?
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Swim Protocol provides a simple transfer of tokens across chains via multi-token liquidity pools. It is built on top of one of the most infamous bridges, Wormhole, which allows users to more seamlessly transfer assets across multiple blockchains
\n Analyzed by Hess - Reading Time Almost 8 min.
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- First, I bridged USDC from Solana to Polygon to understand how swim works. * * *
- I used solana.core.fact_events table and looked for SWimmSE5hgWsEruwPBLBVAFi3KyVfe8URU2pb4w7GZs. Also found token contracts on Swim and their network from documents. So I handed the code. After that I calculated all parameters.
I DIDN”T FIND ANY ETHEREUM TRANSACTIONS. ALSO THERE WERE SOME UNnamE TOKEN THAT I CALLED THEM ‘Other‘.
Conclusion
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- USDC is the most popular asset to bridge.
- Polygon is the most popular chain.
- Users Bridge their Stablecoins higher than the other.
THE END
ALL CODES AND CONTENTS PROVIDED BY Hess.
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