NFTs were and still are a talk in every corner of cryptoverse. It’s something (usually a jpeg) that everybody loves to own. This newfound interest was somewhat distant to the normies as there are time when the gas price on Ethereum mainnet skyrockets during popular NFT mints. Now, Optimism as a layer 2 solved that gas issue (Unfortunately not the European gas issue :( ) and platforms like Quix seems to have picked up the NFT game on Optimism.

It was Velodrome, that became the talk in the defi space in the last week. Which is an AMM on Optimism, launched on 31st of May 2022. It was dapted from Solidly, an innovation on Fantom by the legendary Andre Cronje. However the version on Fantom wasn’t a success. Thus, the speculations on Velodrome to fail were high yet it has proven otherwise so far.

As the news of Ethereum merge is heating up the cryptoverse, the interest in both L1 and L2 is exploding. The intention of this article is to take a look at the ETH transfers on Optimism from a network analysis angle.