1/ The aggregator wars!
Just finished dashboard comparing the bridge aggregators built by @SocketProtocol and @lifiprotocol
🟡 @BungeeExchange
🟣 @JumperExchange
Even by taking a smaller time frame (-8 months) for bungee (only V2), its bridging volume seems 2x that of Jumper.
2/ Socket seems to have captured more degen traction in terms of tx volume by looking at the vol to tx ratio.
3/ Another reason for this stark difference seems to be @base
For a major part of this year, bridging from Base (as origin) has consistently captured around 20% of socket volume share.
4/ Let's talk about bridges bridges bridges
Top bridge for both the aggregators seems to be @AcrossProtocol, safe to say it captures 25% in total across both.
Which is 2x that of Stargate by volume.
5/
Top bridges for Socket
@AcrossProtocol
@HopProtocol (yes, even its still alive, came as a surprise)
@circle CCTP (huge volumes again)
@StargateFinance
6/ Top bridges for LiFi
@AcrossProtocol
@StargateFinance
@CelerNetwork cBridge
@CelerNetwork routed via @circle ‘s CCTP
7/ Recently came across LiFi announcements about integrating more chains.
I would love to add them to my dashboard once the contracts are added to Dune. Happy to assist in the same…
8/
At times where people are fighting for market share, up next will be a deep dive into Across and Stargate - and how these bridge aggregators stack against them.
Stay tuned!
Here is the link to my dashboard:-
Looking forward to any feedback from the teams...dune.com/mansi_19/socke…
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