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ZeroDAO Transactions: From 150 to 1200+ Transactions in 2 Months

From 150 to 200+ BTC in volume and 550 to 1200+ transactions in less than 2 months! 🥳

With another milestone reached we wanted to share a little breakdown of the transactions beyond what is readily available on our analytics page:

👇

zeroDAO - Bitcoin Bridge Analytics

zeroDAO is currently on 5 networks. Here are the totals when it comes to volume and transaction count per network:

Ethereum : 155.66 BTC w/ ~1010 tx Arbitrum : 13.62 BTC w/ ~90 tx Polygon : 34.22 BTC w/ ~75 tx Avalanche : 1.5 BTC w/ ~50 tx Optimism : 0 🫠 👇

zeroBRIDGE is for retail and whales alike. Here is a look into the size and value of transactions (at time of transaction):

Largest: 13.95 BTC ~ 300k 🐳 Smallest: 0.0015 BTC ~ 30 🦐 Average: 0.16 BTC ~ 3200 🐟 Tx >1.0 BTC: 13% 👀 👇

zeroSWAPS are multi-directional, but the vast majority of actions since beta launch (over 75%!) have been "burns", or swapping one of 10 assets into BTC.

Here is a look at the top 3 assets used in swaps:

410+ renBTC ↔️ BTC 320+ USDC ↔️ BTC 120+ WBTC ↔️ BTC 👇

We are still early and our focus remains on building on our belief in open and permissionless cross-chain communication.

Stay tuned as lending and near instant swaps of BTC into DeFi is just around the corner! 💪🚀

This post is based on this twitter thread.

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