Bridge From Eth To Solana
In this dashboard we will be looking at some metrics related to the Wormhole bridge transfers from Eth to Sol . To start with let's view the daily and cumulative transfers by amount and the average amount that has been transferred over time:
The total amount that has been transferred via Wormhole from Eth to Sol in the past year amounts to about 1B$! About 3M$ worth has been transferred on an average on a daily basis. Next, let's view the same charts but with each token in them that has been transferred:
Next, let's view which asset was transferred and by what amount (by the token symbol):
About 35% of the total value transferred was in UST alone. The other important tokens (more than %%) are HUSD, FTX , HBTC, DAI and BUSD . Next, let's view the above charts by popularity of the day and how has the popularity changed over time. Here, popularity implies that the token was among the top 3 tokens to be transferred that day:
The dominance of UST and the other top tokens have increased in this case with some of them rarely occuring. The notable change is that of UST based tokens which have increased in the times of occurence. Next, let's view the balance of the addresses which have transacted using Wormhole and how many of them have transacted over time:
There had been a linear increase in the number of transfers by users until September after which there has been a stagnant amount there. Also, there has been a decent drop in the net balance of the user's balance profile over time probably because of the net drop in the value of their holdings (or general crypto crash)