Introduction

In this dashboard we will be looking at Optimism data and try making some conclusions from it. It is known that Arbitrum, Optimism and Polygon are all layer-2's and have been very popular among the users. We would be looking into Optimism data and try making some comparisons to others as well whenever.

Methodology:

1. Use polygon, arbitrum and optimism core tables to get the transactions made from the transactions table only for the first 12 days to make a decent comparison (since transactions made initially before much user adoption makes more sense to be comparable)

2. Use polygon, arbitrum and optimism core tables to get the transaction fee made paid on an average per transaction using the transactions table only for the last 12 days to make a decent comparison (Since Optimism data is only since 15th June)

3. Use the tables from Optimism events and labels to get the dex and find out the most popular one on Optimism using them

4. Find out the most popular action across all l2s (arbitrum, polygon , optimism ). Here, action implies the type of contracts with which they interact the most - De-Fi,dapp, l2 bridges or nfts?

Action

To start with, firstly let's view the daily transactions made on the L2s:

We do see a very hefty dominance from Polygon and Arbitrum also has a very good command in the first few days. Let's view at the normalised table to get a better overview:

From the normalised view, we realise the dominance which Polygon had in it's initial days. Only on the first day does Optimism have a dominance better than that of Arbitrum otherwise even Arbitrum leads by number of transactions from the second day on-wards. Polygon towards the end has a 97% dominance while on Day 4 we find it to have the least dominance of about 75% while arbitrum has the most dominance of 16% on it's day 4 and so does Optimism have a local high there implying that it was Polygon which had a relatively lower number of transactions on Day 4 of it's launch. Only Arbitrum has increased the number of transactions after Day 2 as compared to Day 3

Next, let's view the transaction fees paid on an average daily and the average of that daily fees over the past 12 days:

Optimism has way lesser fees than even Polygon and Arbitrum showing it's readiness for being adopted by it's users. Let's view the average fee over time:

On an average, arbitrum is the costliest which is followed by Polygon and Optimism with a way lesser transaction fee. Next, let's view the most popular DEX on Optimism:

Velodrome Finance has the most swaps made followed by uniswap and rubicon with a rough ratio of 9:7:4 among these 3. 20K+ swaps have been made already on Optimism but it's less when one looks at the total transactions . Now , let's view the most popular contracts for Optimism:

80% of transactions are involved with layer2 while 13% of the total share belongs to defi while less than 5% for dex. Next, let's view the distribution for Arbitrum:

For Arbitrum, the bridge transactions account for 85% but that's followed by dapp and dex and not defi like Optimism. Next, let's view the distribution for Polygon:

For Polygon, the layer2 transactions hoots up to 88% while it's 3.5% for dapp and 3% for dex while defi is at about 1.5%

Conclusions:

1. We saw a very hefty dominance from Polygon and Arbitrum also had a very good command in the first few days.

2. From the normalised view, we realised the dominance which Polygon had in it's initial days.

3. Only on the first day does Optimism have a dominance better than that of Arbitrum otherwise even Arbitrum leads by number of transactions from the second day on-wards.

4. Polygon towards the end has a 97% dominance while on Day 4 we find it to have the least dominance of about 75% while arbitrum has the most dominance of 16% on it's day 4 and so does Optimism have a local high there implying that it was Polygon which had a relatively lower number of transactions on Day 4 of it's launch.

5. Only Arbitrum has increased the number of transactions after Day 2 as compared to Day 3

6. Optimism has way lesser fees than even Polygon and Arbitrum showing it's readiness for being adopted by it's users

7. Velodrome Finance has the most swaps made followed by uniswap and rubicon with a rough ratio of 9:7:4 among these 3.

8. 20K+ swaps have been made already on Optimism but it's less when one looks at the total transactions .

9. For Optimim, 80% of transactions are involved with layer2 while 13% of the total share belongs to defi while less than 5% for dex.

10. For Arbitrum and Polygon, the bridge transactions account for 85% or more but that's followed by dapp and dex and not defi like Optimism.

11. This implies that other layer-2's are more involved with layer-2 bridging while Optimism might be a good fit for the de-fi arena of Ethereum