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Orderly Network

# Orderly Network Bridge deposits Methodology

## 1. Overview

Bridge deposits measures the total USD value of tokens held in OrderlyNetwork's bridging contracts on Ethereum. This metric tracks the value locked in bridge infrastructure, indicating the scale of assets moving between Ethereum and OrderlyNetwork's Layer 2 solution. The calculation involves monitoring token balances across specific bridge contract addresses and converting these holdings to USD values using end-of-day pricing.

## 2. Data sources

- **Ethereum token transfer events**: Parsed `Transfer` events from all ERC-20 tokens to track inflows and outflows from bridge addresses
- **Ethereum transaction traces**: Transaction-level data providing context for token movements and contract interactions
- **End-of-day token price feeds**: Daily closing prices for tokens to enable USD conversion of bridge holdings
- **Token metadata**: Token contract information including decimal specifications for proper value calculations
- **Chain availability configuration**: Data quality filters ensuring consistent reporting across supported blockchain networks

## 3. Step-by-step calculation

### Component A: Bridge address identification
- **Purpose**: Define the specific contract addresses that serve as OrderlyNetwork's bridge infrastructure
- **Logic**: Two Ethereum contract addresses are hardcoded as the official bridge contracts: `0x91493a61ab83b62943e6dcaa5475dd330704cc84` and `0xe07ea0436100918f157df35d01dce5c11b16d1f1`. These addresses represent the smart contracts responsible for holding tokens during the bridging process between Ethereum and OrderlyNetwork's Layer 2
- **Key fields**: `account_addresses` containing the bridge contract addresses, `chain` set to ethereum

### Component B: Portfolio balance calculation
- **Purpose**: Calculate the current token holdings across all bridge addresses by processing historical transfer events
- **Logic**: For each bridge address, the system processes all historical `Transfer` events to determine current token balances. This involves tracking inbound transfers (where the bridge address is the recipient) as positive balance changes and outbound transfers (where the bridge address is the sender) as negative balance changes. The calculation maintains running balances for each token type held by each bridge address. Token amounts are adjusted for decimal specifications to ensure proper value representation
- **Key fields**: `balance` representing the current token holdings, `timestamp` for daily snapshots, `chain` identifying the blockchain network

### Component C: Business categorization
- **Purpose**: Apply OrderlyNetwork-specific business metadata and aggregate portfolio values
- **Logic**: Token balances from all bridge addresses are summed together to create a total bridge deposits value. The aggregated data is tagged with business-relevant categorization including market sector as `blockchains_l2` to reflect OrderlyNetwork's Layer 2 positioning and business segment as `blockchain` to categorize the core infrastructure function
- **Key fields**: `bridge_deposits` as the aggregated balance sum, `market_sector_id` and `business_segment_id` for business categorization

### Final aggregation
- **Combining components**: Portfolio balances from all bridge addresses are summed to create a single bridge deposits value representing total assets held in OrderlyNetwork's bridge infrastructure
- **Currency conversion**: Token balances are converted to USD using end-of-day price feeds, with proper decimal adjustment applied to ensure accurate value calculations across different token specifications
- **Time aggregation**: Data is aggregated to daily granularity using timestamp boundaries, with a forward-fill strategy applied to handle missing dates and ensure continuous daily reporting
- **Final calculation**: The final bridge deposits value equals the sum of USD-converted token balances across all specified bridge contract addresses, filtered to include only data from supported chain networks and filled forward to maintain daily continuity

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of assets held in a project's bridge contracts.

Orderly NetworkORDER

Bridge deposits

Bridge deposits

Competitive landscape

Chain breakdown