Thread by @Flowslikeosmo

Data is great, but most don't know how to use it to profit.

@tokenterminal Discover Page just launched.

Making data-driven analysis easy and profitable.

Here are 5 key insights I discovered using this new feature and how you can use it to profit while the market is down.

🧵⬇️

Token Terminal is a crypto data analytics platform focused on analytics using fundamental metrics.

This allows you to value protocols and applications using metrics such as:

➜ TVL
➜ Daily Active Users
➜ Price to Sales
➜ Price to Fees
➜ Volume
➜ Revenue per user

Discovery takes this to a new level by allowing me to cross-compare across protocols, metrics, and tokens.

Here's what I've discovered and my thought process for creating an investment framework with this tool.

1️⃣ @base

Protocol metrics are up and to the right, but what does this mean, and how do you bet on continued growth?

➜ Bridge deposits
➜ USDC supply growing
➜ Contract deployers are still growing
➜ Transaction counts accelerating

Direct beneficiaries: $AERO $AAVE.

2️⃣ @aave

Established protocols have achieved a clear product market fit without the hangover of expensive incentive models to incentivize liquidity, leading to:

➜ Higher fees
➜ Organic Loan growth
➜ Increase in net deposits
➜ Meaningful increase in earnings

As a result, net expenses are at historical lows. The $AAVE token can flourish while the team can focus on expansion.

3️⃣ @avax

Avalanche's stablecoin growth is being led by @withAUSD.

➜ $AUSD has seen over $22m in deposits in less than a month
➜ It is now the 4th largest stablecoin within Avalanche

One takeaway here is that Avalanche is offering incentives on @TraderJoe_xyz.

This showcases their commitment to growing stablecoin liquidity.

4️⃣ @Celo

Celo has experienced explosive growth entirely under the radar for the past year.

➜ Transaction count almost at ATHs
➜ Active users at ATHs
➜ Monthly Fees at ATHs

The takeaway is that the number of $CELO token-holders has been in tandem with protocol growth.

5️⃣ DeFi Blue Chips

Not all Blue Chips are built the same; however, when it comes to positioning, Lido, Uniswap, Maker (now Sky), and Aave are the strongest.

➜ Lido, Aave, and Sky all lead in earnings
➜ Lido fees are exponentially higher
➜ Sky's growth has hit an inflection point

If I were to rate protocol quality based on the metrics, it would go as follows:

1. $AAVE: Strongest metrics all around
2. $LDO: Best positioning within Staking and Restaking ( Fees show this)
3. $MAKER: Expansion to RWAs & Institutional market is reflected in fees
4. $UNI: Market leadership has not translated into meaningful revenue

I encourage you to explore the Discover page, analyze the data, and draw conclusions about the featured protocols.

Go to @tokenterminal ➜ Discover

Sharing this with other chads who may find value from the data:

- @Deebs_DeFi
- @defi_mochi
- @CryptoKoryo
- @luigidemeo
- @Curious__J
- @stacy_muur
- @JiraiyaReal
- @crypto_linn
- @TheCryptoLark
- @crypthoem
- @jake_pahor
- @0xSalazar
- @rektdiomedes
- @poopmandefi
- @arndxt_xo

Thank you for reading!

I hope you've found this thread interesting.

Follow me @Flowslikeosmo for more.

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