Arbitrum has a rapid development momentum. Both the volume growth and track projects are increasingly diversified, while optimization has a relatively slow growth, and synthetix ecology is the main project for the time being.
On September 1, Arbitrum, an Ethereum capacity expansion scheme, announced that the public beta version of Arbitrum one on the main network was officially launched. This version lifted the white list restrictions and was open to all users. In the past month, many Defi applications have been launched one after another, and Arbitrum ecology is taking shape day by day.
At the same time, another Ethereum capacity expansion scheme, Optimism, has already been opened for some applications — first, the soft start of the Optimism main network was started on January 16, and the SNX pledge service on the synthetic asset agreement Synthetix was started, and then Uniswap V3 was officially launched on the Optimism main network on July 14.
At present, Arbitrum and Optimism, as Ethereum’s two-tier expansion scheme based on optimal rollup, what kind of answers have they handed over at the specific data level, and what is the ecological development pattern between them?
Let’s make a simple comparison.
Number of unique addresses
According to Arbiscan.io data, as of September 21, the number of unique addresses of Arbitrum network had exceeded 155200 (155274), more than 20 times higher than 6409 on September 1.
Among them, the growth rate since September 10 has been amazing, with an average of more than 10000 unique addresses added every day. On September 12, 28930 unique addresses were added every single day, setting a new historical record.
At the same time, according to the Optimism browser data, as of September 21, the number of Optimism network unique addresses exceeded 120100 (120153), nearly three times higher than 41162 on September 1.
Among them, the speed has also increased significantly since September 10, with an average of 7000 new unique addresses per day, and 16128 new unique addresses per day on September 12, setting a new historical record in a single day.
TVL total lock volume
According to l2beat data, as of September 21, the lock volume of Arbitrum network exceeded US $2.1 billion, an increase of — 8.61% in recent 7 days, ranking first in Ethereum L2 network.
The lock volume of Optimism network as of September 21 was US $192.3 million, an increase of — 7.99% in recent 7 days, ranking third in Ethereum L2 network.
However, it should be noted that after Arbitrum was launched on September 2, the lock up volume of the main network exceeded US $20 million, and then exceeded US $100 million for the first time on September 10. It has surged more than 20 times in the last half month, while the growth rate of optimization since this month is less than 50%, and the growth momentum is obviously not as good as that of Arbitrum.
Transaction cost comparison
At present, Arbitrum and Optimism have specific defi header projects for reference at the data level ——the cost of transfer payment is about half of that of Ethereum’s main network, and other more complex transaction requirements are about one tenth to one tenth of that of Ethereum.
The cost of entering L2 network: Optimism is twice that of Arbitrum
The gas consumption of Arbitrum gateway is 91000 (about $30);
The gas consumption of Optimism gateway is 210000 (about $70);
The gas consumption of eth transfer in Ethereum main network is 21000 (about $7);
Cost of ordinary transfer: about half of L1
The cost of one transfer on Arbitrum is about 0.000716 eth ( $2.5);
The cost of one transfer on Optimism is about 0.000838 eth ( $2.9);
The transfer of Ethereum main network is 0.001995 eth ( $7);
Uniswap V3 transaction: only one tenth of L1
The cost of Arbitrum transaction is about 0.00122 eth ( $4.30);
The cost of Optimism transaction is about 0.0012648 eth ($4.4);
The transaction cost of Ethereum main network is about 0.01771 eth ($ 62);
Increase liquidity for Uniswap V3: Optimism has obvious advantages, only one thirtieth of L1
The transaction cost of providing liquidity in Arbitrum is about 0.0044796 eth ( $16);
The transaction cost of providing liquidity in Optimism is about 0.001253 eth ($4.4);
The transaction cost of providing liquidity in Ethereum main network is about 0.03456 eth ($120);
This article also mentioned that although both optimism and arbitrum can achieve some degree of EVM (Ethereum virtual machine) compatibility, they are still different from the gas calculation method on the main network, so the parameter gas used cannot be directly used when comparing the costs of these networks.
However, the author conducted an actual transaction test of “several eth exchanged for 1usdc” using optimization and arbitrum networks at similar time nodes for simple comparison and reference.
In the optimization network, the Gwei value displayed in the wallet approved transaction is 0.015, the actual gas used is 3333842, and the total transaction cost is 0.000816904065 eth, about $2.35;
In the arbitrum network, the actual Gwei value is 0.798, the actual Gas Used is 1247990, and the total transaction cost is 0.00099538548101 ETH, about $2.88;
That is, in a specific transaction, although the Gwei value of Optimism network is 0.015, which is far lower than that of Arbitrum by about 1.5 (actually about 0.8), its actual Gas consumption is much higher than that of Arbitrum network.
At the same time, the cost of Optimism in this comparison transaction is slightly lower than that of Arbitrum network, but in combination with many previous test transactions of the author, the actual transaction cost of Arbitrum is often slightly lower than that of Optimism network for most of the time.
The real-time data of l2fees website in the figure above also shows that at present, the network cost of Arbitrum is basically the same as that of Optimism, which will be slightly more expensive, but both are almost an order of magnitude lower than that of Ethereum main network.
On the whole, Arbitrum is developing rapidly. Both the volume growth and track projects are becoming more and more diversified, while Optimism is growing slowly, and Synthetix ecology is the main project for the time being.
Since the official launch of arbitrum network, in addition to head Defi applications such as Uniswap V3, Curve and Sushiswap, a series of DAPP or Defi tools such as loan agreement Wepiggy, transaction agreement Balancer, perpetual contract trading platform MCDEX V3 and derivatives platform SynFutures have also been launched or planned to be launched on Arbitrum network, and the overall ecology is becoming more and more diverse.
In addition to Uniswap and Synthetix, there are only a few applications in Optimism network, such as Synthetix based derivatives trading platform Kwenta (launched on July 30) and Synthetix ecological chain option agreement Lyra (launched on August 25), which are basically sub projects of Synthetix ecology, This is also related to Synthetix’s consistent support for Optimism (synthetix has participated in the test network of Optimism since last year and launched the SNX reward plan).
The most obvious one is the data of uniswap V3 in the Optimism network: the assets with the first lock volume are the stable currency Dai ( $13.15 million), followed by eth ($7.92 million) and SUSD ( $6.04 million, which is the Synthetic dollar stable currency in the Synthetix network, which can be generated by SNX excess mortgage).
In the liquidity pool, SUSD / DAI ranks first, with a volume of $13.82 million, which proves the importance of Synthetix ecology to Optimsm network at least up to now (of course, SUSD / Dai should also be related to Lyra’s recent opening of liquidity incentive).
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