jakiro
Author: Sun and Moon Source: X,@作uexiaochu
Cross -chain is also known as chain abstraction, full -chain, and chain operating. There are three giants on this track, namely Wormhole, Axelar and Layerzero.Among them, Wormhole and Axlar have been launched, and Layerzero has not issued coins.Today we analyze the three giants from the perspective of data to see who is the most potential?
1 supported public chain
As a chain operating agreement, the support of the public chain is a very important indicator. According to the three official data
Axlar supports a total of 66 public chains,
Wormhole supports more than 30 public chains,
Layerzero supports more than 50 public chains.
From the perspective of the number of supported public chains, Axlar is doing more.In the specific support of the public chain, it shows their own characteristicsEssenceThe core of Axlar is the EVM series and COSMOS series. Because it is developed based on the COSMOS framework, it supports a large number of COSMOS series public chains, such as Celestia, Dymension, FETCH.AI, etc.
In addition to the EVM series and the COSMOS series supported by Wormhole, they also include Aptos/SUI, Polkadot, and Solana of the MOVE framework.
Layerzero is mainly EVM series, and began to try other departments, such as APTOS cross -chain bridge, and Merlin cross -chain bridge with the BTC ecosystem.
2 cross -chain information transfer
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The TOP3 public chain passed by Axlar information is Polygon, BNB Chain, Arbitrum
Wormhole’s top3 is Arbitrum, Solana, BNB Chain
Layerzero’s top3 is Polygon, BNB Chain, Arbitrum
In terms of cross -chain information, we found that Axlar and Layerzero’s TOP3 public chain were all rearranged, and Wormhole’s biggest feature is Solana.
From the perspective of the number of information on cross -chain
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Wormhole’s average daily cross -chain information is 4,000. Axlar provides monthly information. Calculate the daily cross -chain of 5600, and Layerzero’s daily cross -chain information is 270,000 pieces.
Although Layerzero’s cross -chain information is dozens of times of the other two, I think the main contribution comes from the interaction of the Mao Party. Layerzero is the only one who has no coin.Once it is launched, its real users are not yet known.From the perspective of changing trends, Layerzero’s cross -chain information this year has decreased compared to last year.The monthly data in March this year was less than 50%of the highest peak last year.
However, Axlar can see that its data is steadily increasing, because Axlar has been launched for a year, and there is no case of hairy airdrops.
Axlar has increased from 59,000 / month information in September last year to 170,000 / month in March.This data reflects Axlar’s more real data, and it can also reflect that the demand for cross -chain will increase simultaneously when the market is hot.
3 financing and market value
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From the perspective of financing, behind the three giants are the top investment institutions. Layerzero is led by A16Z, as well as the first -level VC such as Sequoia and Coinbase.Axelar 有 Dragonfly、Polychain、Binance Labs 的投资。Wormhole 有 coinbase、multicoin capital 等。
从融资时候的估值来看，LayerZero 估值是最高的，达到了 30 亿美金。而 Wormhole 的估值也非常高，达到了 25 亿美金，它现在的 FDV 为 107 亿美金，还有 4 倍的利润。In contrast, Axlar’s valuation is the lowest, and the current FDV is basically equivalent to financing valuation.
4 summons
From the perspective of the number of interventional public chains, Axlar is the highest in total, and there are at least more than 30 workers.The development of the three giants has its own advantages and development directions.The advantage of Axlar is in the COSMOS series. Now most of the modular chains will be developed based on COSMOS, including the CELESTIA and Dymension of infrastructure facilities, which may bring a lot of increase in the future.Wormhole focuses on Solana, and also supports the MOVE framework Aptos/Sui, Polkadot.Layerzero’s focus is on Layer2, and now he is actively trying on Aptos and BTC Layer2.
From the perspective of cross -chain information, the number of Layerzero is dozens of times the other two, but the real retention after removing the Mao Party is unknown.The remaining data of Axlar is higher than Wormhole.From the past data, only Axlar has been growing steadily from the past year.
From the perspective of currency price potential, I think it is more worthy of paying attention to Axlar.Wormhole’s various data is worse than AXLAR, but FDV is about 10 times that of Axlar.The real data of Layerzero is unknown, but the financing valuation has been high to 3B, and it may also reach 10B after it is on the place, which is also 10 times more than Axlar.
