Manta Pacific 84 days in: bridged value, users and DEX TVL
Thread223 words
Data on Manta Pacific: USD 34m total value bridged (16th among L2s), over 22.5k unique bridgers and DEX TVL where QuickSwap leads, Aperture lost 37% of TVL in a month and LayerBank grew.
Key claims
TVB USD 34m, up over USD 15m MoM
QuickSwap TVL about USD 16m, up 63% in 7 days
Aperture TVL about USD 5m, down 37% in a month
84 days after launch, @MantaNetwork continues to showcase very strong ecosystem growth! 馃殌
A short data-driven analysis of Manta Pacific! 馃搳
馃У馃憞
Total Value Bridged (TVB) has increased > USD 15m MoM!
It now stands at USD 34m, putting @MantaNetwork in the 16th spot among L2s according to TVB.
TVB can be broken down into:
馃搳 Externally Bridged Value
馃搳 Canonically Bridged Value
Overall, more than 22.5k unique users have bridged funds to Manta Pacific, spending almost 45 ETH in gas on the bridge.
Amounts bridged are distributed as follows:
馃搳 >9k of 0-0.01 ETH
馃搳 >9k of 0.01-0.1 ETH
馃搳 >3k of 0.1-1 ETH
Only 20 users bridged 20 ETH or more.
With almost USD 16m in TVL, @QuickswapDEX is the undisputed leader of the DeFi ecosystem.
Over the past 7 days, Quickswap TVL grew 63%.
Second-placed @ApertureFinance boasts a TVL of slightly above USD 5m.
It has suffered heavily under the growing popularity of @QuickswapDEX, bleeding out 37% of TVL in just one month.
Better it looks for the third-ranked @LayerBankFi. While TVL remains comparably low, currently sitting at USD 1.7m, the 7D growth of 94% is impressive.
I hope you've found this short thread helpful! 馃
Make sure to follow me @zerokn0wledge_ and @MantaNetwork to stay up to date! 馃敱
Like/Repost of the below post is also highly appreciated! 馃檹馃憞
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What came next 路 since 05 Dec 2023
Since then
Zero has written 8 more pieces on Manta Network since this one.
- Liquid staking MANTA via Bifrost to farm ecosystem airdropsOn Manta Network
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- Manta Pacific as a bull-run epicentre and the launch of Manta ModularistOn Manta Network
- Manta Pacific metrics: $560M bridged, 4th largest rollup by TVLOn Manta Network