Evmos is Eyeing a Spot in the Top 10 Relay Chains

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POKT Network
Nov 20, 2023
Evmos is Eyeing a Spot in the Top 10 Relay Chains

Happy weekend everyone! We’re back with another Relay Recap. In the time frame covered here, Pocket Network relays bounced back after a drop in the prior week. This period brought a return to more consistent relay totals from day to day, with relays mostly staying in a tight channel between 800 and 900 million. This was in contrast to the volatility of last week, where we saw a large midweek dip and a subsequent recovery.Throughout the week, the network serviced an average of874 million daily relays, with the daily high for this time period recorded at 909 million on June 27th.

Overall, 6.1 billion relays were serviced during the week, representing an 11% increase over the 5.5 billion relays the prior week.

Chain Highlights

Evmos Surges 600%

Evmos had a quiet two-day start to this week, but that changed drastically over the course of the next 5 days. After a week of around 1 million relays per day, Evmos jumped all the way up to 8.6 million daily relays on June 26th. The chain was also able to maintain that traffic level for the rest of the week - when all was said and done, Evmos relays were up a whopping 617% week-over-week. This was good enough to vault Evmos up to just outside the Top 10 chains, taking the #11 spot for the week.Note: If you haven’t heard, the Evmos community recently passed a proposal to launch a public RPC endpoint through Pocket Network! We’re thrilled to deepen our ties with this chain.

Harmony and Polygon Make Gains

This week, we also saw growth at the top - namely, from Harmony and Polygon. After Harmony’s share of total relays gained 5% last week, the chain doubled down with another 5% gain this week, moving it all the way up to account for 31% of all relays across Pocket Network. This was thanks to a steady uptrend in relays throughout the week and a 36% jump in total relays compared to the last recap, as Harmony approached the 2 billion weekly figure. Meanwhile, Polygon also had a 21% increase in relays this week, moving it up to a 28% share of all Pocket Network relays.

Avalanche Nearly Doubles

After starting the first day of this week with about 9.7 million relays, Avalanche nearly doubled that figure with a huge spike the very next day. On top of that, the chain maintained that spike for the remainder of the week, staying in a tight range between 17 and 18 million daily relays. Overall, this surge helped Avalanche to increase relays by 94% week-over-week.

BSC Shows Steady Growth

BSC was another chain that grew its share of network relays this week, growing its slice of the Pocket Network pie from 5% to 7%. BSC posted a 39% increase in relays week-over-week, fueled in part by a large spike over 72 million daily relays on June 24th. Even after relays dipped back down from this spike, they maintained at around 50 million daily relays, whereas most days in the previous week were closer to 40 million.

Boba Spikes

Like Evmos and Avalanche, Boba also had a huge jump this week, although this one did not maintain like the other two chains. After a week of relays around 50,000 to 100,000 per day, Boba had a massive two-day spike, closing June 24th with more than 3.5 million relays. This was an increase of more than 2,300% over any daily high from last week, although relays came back down to earth the following day and for the rest of the period. Nevertheless, even after coming back down from the spike, Boba’s daily relays were mostly between 150,000 and 300,000 for the rest of the week - still a large increase over the prior period.

OEC Builds on Recent Growth

Lastly, OEC continued its strong upwards trend of late. OEC followed up last week’s 16% increase in relays with another 54% increase this week. This chain’s relays really took off the last 2 days of the period, closing out the week with about 1 million relays on June 29th (compared to 750,000 earlier in the week).Remember to visit the Pocket Portal to get set up with RPC endpoints for these and other chains that Pocket Network supports!

Node Earnings

From June 23rd through June 29th, each of the top two chains (with Harmony and Polygon swapping places compared to last week) earned upwards of 3 million POKT, while Gnosis - xDai came in a fairly distant 3rd place with less than 1.5 million in POKT earnings.

In terms of average daily POKT earned per node, the top 5 chains at the end of this time frame were:

  • Harmony
  • Polygon
  • Gnosis - xDai
  • BSC
  • Ethereum

This was nearly a complete reshuffling of last week’s top 5, with only Ethereum keeping the same spot. Compared to last week, Harmony and Polygon swapped places at the top, while Gnosis - xDai moved up a spot to fill in for Optimism dropping off the list. BSC’s strong week of relays was also good enough to earn a spot on the list, after not making it in the top 5 last week.

Node Infrastructure

As of June 30th, Pocket Network’s decentralized infrastructure included 44,468 active nodes across approximately 30 different countries, allowing the network to provide constant uptime and resiliency while supporting 50 different chains.Note: PIP-22 and PUP-19 are bringing big changes to the incentives that shape Pocket’s node infrastructure, by way of introducing stake-weighted servicer rewards and increased validator rewards. We’ll likely see a consolidation of nodes in the near future, as node runners and providers combine stakes to take advantage of the new incentive structures that reward large nodes. Be sure to catch up on the discussions in the Forum, and stay tuned for more from us on these important topics.

Wrap Up

  • Evmos sustains a 600% jump in relays, and closes in on a top 10 spot.
  • Harmony grows its share of Pocket Network relays by another 5%, with Polygon also showing growth at the top.
  • Avalanche also has a sustained jump in relays, as it nearly doubles its relays week-over-week.
  • The list of top 5 chains for average node earnings is reshuffled.

Thanks for reading, and have a great weekend!

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