Methodology

Overview

This project captures the amount spent in gas and the volume of proofs verified by different zero-knowledge (ZK) protocols on the Ethereum Mainnet. Where possible, the gas costs specifically associated with verification are separated from other transaction-related gas expenses.

By no means does this capture the full spending of a project, nor does it account for all of the spending on mainnet. The projects included represent the largest in terms of spending and volume as well as those that have requested to be represented. The metrics collected are for spending on running ZK proofs.

Data Sources

Dune is used for collecting metrics for each of the projects below. The queries used are from the Nebra ZKP Verification Cost dashboard.

Calculations

The methodology used to calculate the proof volume and the associated costs follow the same format.

  • The proof volume is the total number of verify or prove function calls

  • The cost is calculated by summing the gas spent on these function calls

Projects

The following projects are included in the metrics collection:

*A Standard Crypto portfolio company

Support

Reach out to us to update any datasets or add a new project - kevin@standardcrypto.vc

Disclaimer

This post is for general information purposes only. It does not constitute investment advice or a recommendation or solicitation to buy or sell any investment and should not be used in the evaluation of the merits of making any investment decision. It should not be relied upon for accounting, legal or tax advice or investment recommendations. Investments presented are selected based on objective, non-performance-based criteria and are not representative of all the investments invested in, purchased or sold by Standard Crypto. There is no guarantee that any Standard Crypto vehicle will find similar opportunities in the future. The opinions reflected herein are subject to change without being updated.

Last updated