A thread about the first dApp on Layer Zero 👇

1/9 🧵

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Stargate conquers the bridging trilemma! Here are the core bridge features:

1️⃣ Instant Guaranteed Finality

2️⃣ Native Assets

3️⃣ Unified Liquidity

🔗 https://stargate.finance/

2/9 🧵

~ Bridge Statistics

📈 Stargate’s monthly bridge volume is around $1.78 Billion while the daily volume is $68 million.

3/9 🧵

~ Transfer Volume

👉 Weekly transfer volume is around $670M, already up by +388.3% in the last 90 days.

🔄 Stargate has nearly $3 billion in transfer volume in the month of May.

4/9 🧵

~ Fee Overview

Stargate has collected $3.8 million in fees in the past 3 months.

🔼  Fee collection is up by ~26.2% in the last 30 days.

5/9 🧵

~ TVL Overview

📊 $403 million locked on Stargate. 

🎯 Stargate dApp is ranked 27th in terms of TVL.

6/9 🧵

~ User Overview

👨‍💻 The number of Weekly Active Users is up to  +274.2% in the past 90 days.

🔄  There are approximately 260K active users this week.

7/9 🧵

~ Recent Stargate Updates

👉 OKX Wallet web extension now supports Stargate

👉 Stargate enables bridging $USDD between Ethereum and BNB Chain.

Stargate aims to revolutionize cross-chain liquidity transfer by creating a seamlessly integrated process that requires just a single transaction.

8/ 9🧵

This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights. 

9/9🧵

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ParaSwap makes it simple, fast, and secure to exchange ERC-20 tokens in one place at the best rate.

Let’s dive in 👇

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1/10🧵

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ParaSwap pools liquidity from over 100 liquidity sources to find the best rates for your swap.🔀

🛡 Plus, they alert if there's a risk of slippage or failure!

🔗 https://www.paraswap.io/

2/10🧵

~ An Overview

👉 ParaSwap has already processed more than $47 billion in swaps from almost 7M users.🌉

👉 ParaSwap has 425,694 unique users year to date while 8,254 unique addresses actively use the platform daily.📊

3/10🧵

~ Revenue Statistics

👉 In total, ParaSwap has collected $37.7 million in fees and $7.6 million in revenue.💸

👉 ParaSwap generated around $79K in revenue on May 2023 and nearly $220K in April 2023.📈

4/10🧵

~ User Overview

📈 Cumulative user count is increasing regularly and it is close to 7 million in total.

📶 The number of unique wallet addresses has been growing month-on-month since Jan 2023 with an average growth of ~10%.

5/10🧵

~ Trading Volume

👉 With a consistent average weekly Trading Volume of $200M, volume on #ParaSwap is up by +43% for the quarter, peaking above $1B in the first week of March 2023.

6/10🧵

~ Total Volume

📌 Ethereum has the highest volume share among ParaSwap-supported blockchains. Second place is Polygon and Avalanche follows.

7/10🧵

~ Monthly Transactions

📶 Most of ParaSwap’s transactions occurred through Polygon blockchain in 2023. Additionally, Arbitrum has increased its share since March 2023.

8/10🧵

~ AVG. Trade Size Per Txn Per Chain

👉 On ParaSwap, Ethereum’s average trade size per transaction is higher than any other blockchain, followed by Avalanche and Arbitrum.

9/10🧵

This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights. 

10/10🧵

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With Celer Inter-chain Message (Celer IM) Framework, cBridge has exciting developer-oriented features such as general message bridging for cases like cross-chain DEXes and NFTs. 

A thread 👇

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1/8🧵

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Celer offers Developers:

👉White-label frontend SDK: Allows multi-chain dApps to have a built-in cross-chain experience.

👉Cross-chain messaging for NFT and more: Allowing them to build applications beyond simple cross-chain asset transfers.

🔗 https://cbridge.celer.network/

2/8🧵

~ Overview of Assets

👉 cBridge supports 163 tokens on 47 supported blockchains.

Recently, cBridge has added support for cross-chain asset bridging for #zkSyncEra mainnet, #PolygonzkEVM mainnet, and Consensys zkEVM testnet.

3/8🧵

~ Statistics

👉Total Transaction Volume is slightly above $14 Billion

👉On cBridge, more than 1.5 million transactions have been made by more than 420K unique addresses.

4/8🧵

~ TVL

cBridge has more than $212K value locked as of May 2 (with a historical TVL high of over $700K). We also have seen an increase since March 2023.

5/8🧵

~ Transaction Volume

🔀 Daily Transaction Volume is around $20 million as of 2nd of May.

👉 Daily transaction volume has surpassed $30 million six times in the past 90 days. 

6/8🧵

~ Recent & Big #CelerNetwork Updates

March 22nd

Celer released Brevis_zk: a #ZK omnichain data attestation platform, enabling dApps and smart contracts to access, compute, and utilize arbitrary data across multiple blockchains in a completely trust-free way.

🔗: https://twitter.com/CelerNetwork/status/1638330932603109379

April 28th

👉 cBridge integrated with BuildOnBase's Goerli Testnet. This integration means that cBridge can now support pool-based bridging for ETH, USDC, and USDT on the BuildOnBase's Goerli Testnet.

🔗: https://twitter.com/CelerNetwork/status/1651994695122436097

April 25th

👉cBridge by Celer Network has integrated initial bridging support for INJ, ATOM, ASTR, and DOT assets between Injective, Astar Network, Cosmos, and Polkadot ecosystems, enabling fast and secure cross-chain transfers for users.

Read more here: https://blog.celer.network/2023/04/25/celer-cbridge-supports-injective-astar-bridging-to-enable-cosmos-polkadot-interoperability/

April 21st

cBridge by CelerNetwork has integrated with @MetalSwapNet, allowing users to transfer $XMT between Ethereum, Binance Smart Chain, and Polygon securely, quickly, and with low fees using Celer’s #cBridge.

🔗: https://twitter.com/CelerNetwork/status/1649442874017337344

April 19th

Celer Network has partnered with Polygon zkEVM as an initial launch partner, supporting it with cBridge to allow users to easily transfer ETH to Polygon zkEVM from different blockchains.

🔗: https://twitter.com/CelerNetwork/status/1648733575015956482

7/8🧵

This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights. 

8/8🧵

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Let’s take a look at the platform 👇

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1/7🧵

🔁 Quickswap is an open-source DEX, prioritizing decentralization, censorship resistance, and security. Its smart contracts manage liquidity pools made up of reserves of two ERC-20 tokens.

🔗: https://quickswap.exchange/

2/7🧵

~ Platform Statistics

With a total volume of $49.8B from beginning to date, QuickSwap has collected more than $139M in fees.📊

3/7🧵

~ Trading Volume

👉 QuickSwap did more than $950M in trading volume in April 2023

👉 Trading volume is around $67M, already up by +66.8% in the last 90 days

👉 Trading volume has increased by over 40% in the previous week

4/7🧵

~ Fees

🔁 With a trading fee of 0.3% on V2, QuickSwap uses a dynamic fee structure on V3 which ranges  anywhere between 0.01% and 1.5%

🔼 Fees were up to $400K during the week when trading volume peaked.

👉 Fee collection is up by ~50% in the last 7 days

5/7🧵

~ TVL

👉 QuickSwap is ranked the 52nd largest DeFi protocol in terms of TVL

👉 With more than $152M+ TVL as of May 3, 2023

6/7🧵

~ Recent Updates

🔒QuickSwap has deployed its own interface on @safe for securing the funds on the #zkEVM chain.

QuickSwap users are able to swap, farm and provide liquidity on @DogechainFamily through a recently upgraded UI.

On April 28, QuickSwap hosted Episode 7 of the #AllRoadsLeadToPolygon Twitter Spaces series, which had 66,000+ listeners across the Polygon ecosystem.

🎧 Listen on

https://twitter.com/quickswapdex/status/1651274518571237425?s=46&t=GsvwFefn9ZDFr7QoxR0zJA

7/7🧵

Stay tuned as we bring you regular #SwingHighlights. 

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Let’s pop the lid and take a look 👇

#SwingHighlights

1/12 🧵

🔗 Across is optimized for capital efficiency with a single liquidity pool, no-slippage fees, and a competitive relayer landscape. 

👉 It's a cost-effective solution for users looking to transfer assets across different blockchain networks.

https://across.to/

2/12 🧵 

~ Daily Active Users

March 2023, a month of high footfall for the industry due to the highly anticipated $ARB airdrop & the effects can be seen everywhere.

After months of stagnation around ~1K DAU, there was a more than a 50% jump recorded last month for DAU on Across.📈

⬆️+15.5% (90 days)

3/12 🧵

~ Total Value Locked

Seeing an increase of +8.2% in the last 90 days⬆️:

👉 Across is ranked the 140th most value-locked protocol. 

👉 With more than $50M locked into the protocol as of April 7, 2023.

4/12 🧵

~ Fees

There are two types of fees associated with using Across:

👉 Destination gas fees

👉 Bridge fees

Bridge fees are up +89.35% to $321.87K for the last 30 days⬆️

Bringing its annualized fee collection to $3.92M 😲

5/12 🧵

~ Bridge Volume

⬆️ More than 800,000 txns by 100,000+ users

⬆️ More than $1.3B in total bridge volume

⬆️ Annualized transfer volume is up by +58.98% to $2.12b

⬆️ Average weekly bridge volume of $20M

The month of March had one of the best-performing weeks in the last 90 days (+38.4%) for Across. 

6/12 🧵

~ Transactions vs Fees

👉  Number of txns from launch till date ~ 871,893📊

👉  Generated fees from launch till date ~$3,320,181💰

7/12 🧵

~ Treasury

⬆️ Across treasury is up +60.8% (90 days) to $45.3M

8/12 🧵

~ Protocol Statistics

Across supports all the popular blockchains namely:

👉#Ethereum

👉#Arbitrum

👉#Boba

👉#Optimism

👉#Polygon

9/12 🧵

~What’s next for Across?

🔗  With @AcrossProtocol, we will say goodbye to cross-chain roadblocks! The Across Universal Bridge Adapter is launching soon, eliminating cross-chain roadblocks and supporting more tokens. 

🌉 The UBA combines native and incentivized rebalancing, plus a novel interest rate lending model, optimistic verification, and dynamic pricing for a seamless cross-chain experience. 

10/12 🧵

👉 The new Universal Bridge Adapter enables trustless messaging using ZK technology, broadens token support to include wstETH and MATIC, and offers dynamic pricing based on the global pool state. A game-changer for cross-chain transactions.

11/12 🧵

This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights. 

Join the conversation here.

12/12 🧵

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Let’s take a look 👇

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~What is Ethereum?

A smart contract platform for decentralized applications, Ethereum has been often copied but its network effects have never been surpassed. More users, developers, and applications call Ethereum their home than any other chain.

Website

GitHub

🧵 2/9

~#HODLers vs. Developers

With more than 150+ active developers & 400k average users per day, On December 9, the number of active Ethereum addresses hit a new high of 1.5M 👏

• An average of 7 million transactions per week are made🚀

🧵 3/9

~User Activity

The Merge has sparked a major increase in ETH trading volume, with a 16% rise in 24 hours and 32% over a week. In the last few weeks, the trading volume is around $40B with over $5 billion of ETH being traded every day 🦾

In the past weeks, Ethereum has generated $12.5M+ weekly average in revenue, 20% of which came from supply-side fees

🧵 4/9

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~TVL Overview

More than $23B is locked into Ethereum protocols including $6.3B in MakerDAO alone 🔐

While significantly less than its 2021 peak, Ethereum’s TVL is still 5x more than its closest rival BSC.

🧵 5/9

~Financial Overview

The circulating market cap of $ETH is above $150B for the last 3 months while the token incentives average around the $15M mark.

One metric that’s continued to grow is the amount of staked ETH which now stands at over 15,000 ETH

On a side note: Ethereum Foundation holds over $1.5B in crypto assets!

🧵 6/9

~What’s happening at Ethereum these days?

Ethereum recently transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a move that occurred in September. This change is expected to reduce global electricity consumption by 0.2%, making Ethereum more environmentally friendly.

As the most actively developed blockchain, there’s always something happening on Ethereum. In the past week we’ve seen:

👉 Confirmation that the Shanghai upgrade will arrive in March

👉 New non-censoring relay with MEV Boost added in Aestus

👉 Message passing added for scaling solution zkSync v2.0

…and lots more

Week in Ethereum

🧵7/9

~What’s next for Ethereum?

Ethereum's multi-phase upgrade (2023-2024), Sharding, will improve scalability and capacity. Sharding enables the secure distribution of data storage and makes nodes easier to operate. This is great news for layer 2 solutions, allowing for low transaction fees and increased security.

We’ve had The Merge which saw Ethereum move to Proof of Stake. The next major upgrade known as The Surge will increase scalability through sharding.

When’s it coming? No one knows. But in the meantime, there’s innovation galore on the application layer.

Protocols like Aave, Uniswap, and MakerDAO are continuing to push the boundaries of what can be done with web3 and the power of the Ethereum network.

🧵 8/9

This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights every week.

Join the conversation here.

🧵 9/9

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Balancer LPs allow multiple tokens w/o a token ratio limitation. 

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~What is Balancer?

Balancer is a decentralized protocol that provides #DeFi liquidity infrastructure.

It adopts powerful features to:

👉 Slash gas costs

👉 Super-charge capital efficiency

👉 Unlock arbitrage 

👉 Open the door to custom AMMs

Website

🧵 2/9

~#HODLers vs. Developers

In the past 90 days,

👉 The number of $BAL holders steadily increased–showing a growing interest.

👉 ~25k unique active wallets used Balancer.

👉 # of active developers stood around 25.

🧵 3/9

~User Activity

Trading volume on Balancer oscillates bw/ $400m and $600m on a usual day, making spikes during crash times.

The revenue growth rate for the past 30 days is +31.1%🚀

🧵 4/9

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~TVL Overview

A total of $1.34B is locked in all the LPs on Balancer Ethereum. In the last bull run, the number went as high as $3.5B💰

🧵 5/9

~Financial Overview

.@Balancer market cap correlates well with the Treasury. Circulating mcap of $BAL has been oscillating around $230m for the last 3 months.

🧵 6/9

~What’s happening at Balancer these days?

As the provider of pool infrastructure for many platforms in their ecosystem, Balancer has started a new tweet series called 25 Days of #BUIDLers.

Check it out 👇

🧵 7/9

~What’s next for @Balancer?

👉There’ll be more DeFi applications powered by Balancer pools in the future.

👉More tokens are getting approved for liquidity incentives on Balancer.

🧵 8/9

This is an edition highlighting key metrics from cross-chain bridges, blockchains, and decentralized liquidity sources from our partnered ecosystem.

Stay tuned as we bring you regular #SwingHighlights every week.

Join the conversation here.

🧵 9/9

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