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Jul 21, 2021 10 tweets 7 min read Read on X
1/ Introducing percentage or market share views! 🚨

With a few simple clicks, users of Token Terminal can now switch between

- 7d, 30d, 90d, 365d, max
- cumulative / daily / monthly
- absolute / percentage views

Let’s work through a few examples! 👇🧵
2/ Looking at the Protocol Revenue dashboard:

- The rise of @AxieInfinity is clearly visible
- Also the rapid emergence of @PancakeSwap
- @synthetix_io relative share has gone down (launch on Optimism might reverse this?)
3/ Looking at the Total Revenue (supply-side + protocol) dashboard:

- @ethereum's share of total fees has gone down
- Even here, @AxieInfinity's recent growth is clearly visible
- We can also see that even @binance smart chain has to charge its users meaningful tx fees 😄
4/ Looking at the Lending dashboard:

Top lending protocols based on daily GMV (borrowing volume) in the past 365 days.

- We can see how @AaveAave has gained market share relative to @compoundfinance & @MakerDAO
- The launch of @LiquityProtocol is also clearly visible
5/ Looking at the Exchange dashboard:

Top exchanges based on daily total revenue in the past 180 days.

- We can see how Uniswap still is the largest DEX in terms of total revenue (fees) paid
- It's also clear that AMMs have taken the lead in the DEX market (at least for now)
6/ Looking at the @Uniswap dashboard:

Daily trading vol. composition in the past 365 days:

- We can see that the growth of USDC/ETH pair has taken away share from the long-tail of assets (other category)
7/ Looking at the @compoundfinance dashboard:

Daily supply-side revenue and protocol revenue in the past 180 days.

- We can see the avg. revenue share % between $COMP holders & lenders and how it fluctuates over time (borrowing volumes & reserve factors change over time)
8/ Looking at the @perpprotocol dashboard:

Daily trading vol. composition in the past 180 days.

- We can see the long-tail of assets (other category) having a sizeable share of total trading volume
- $ALPHA has also gained share of total trading volume recently
9/ Looking at the @SushiSwap dashboard:

Daily supply-side revenue and protocol revenue in the past 180 days.

- We can clearly see that the protocol activated the fixed revenue share that was implemented in the Uniswap v2 contracts
fin/ What interesting insights can you find from the 📊?

Go ahead and check out the new charts on tokenterminal.com & share them with us on Twitter!

P.S. We're also launching a Token Terminal @discord next week to boost community engagement, stay tuned for that! 😎

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More from @tokenterminal

Apr 14
BlackRock is the world's largest asset manager, with $10 trillion in assets under management.

We researched the firm's crypto strategy, so you don’t have to.

Here's what we found:

1. DIGITAL ASSETS (ASSET CLASS)

The firm divides the crypto asset class into three different buckets:

1⃣ Cryptoassets (e.g. BTC)
2⃣ Stablecoins (e.g. USDC)
3⃣ Tokenized assets (e.g. BUIDL)

Strategy:

▪️ Owner of @iShares, Bitcoin Trust ($18B AUM)
▪️ Owner in @circle, the issuer of USDC ($32B supply)
▪️ Owner in @Securitize, the transfer agent for the BUIDL onchain money market fund ($300M AUM)

2. BITCOIN (ASSET)

The firm sees three unique advantages to BTC the asset:

1⃣ Internet-native (globally accessible)
2⃣ Cross-border (transactional efficiency)
3⃣ Capped supply (inflation hedge)

Strategy:

▪️ BlackRock serves customers across the globe and now, with BTC and IBIT, has a unique product to sell to its clients.
▪️ It’s likely that BlackRock will productize all major cryptoassets (ETH, SOL, etc.) in a similar manner.

3. BLOCKCHAIN (TECHNOLOGY)

The firm believes that blockchain technology can improve capital markets in several ways:

1⃣ 24/7 operational capital markets
2⃣ Improved transparency and investor access
3⃣ Lower fees and faster settlement

Strategy:

▪️ We believe that @BlackRock will eventually launch its own blockchain, and follow a similar playbook that Coinbase has used with @base.
▪️ This would allow BlackRock to concentrate the recordkeeping of its holdings across asset classes ($10T AUM) to a single, global, interoperable, and transparent ledger.Image
Great interview on the topic w/ @robbiemitchnick

More @BlackRock BUIDL data coming to the Terminal 🔜

tokenterminal.com/terminal/proje…
Image
Read 4 tweets
Mar 15, 2023
🗞️ The latest edition of the 'Weekly fundamentals' is out!

This week’s newsletter focuses on daily active users, a metric that has a designated dashboard on Token Terminal.

Let’s dig in! 👇

tokenterminal.com/weekly-fundame…
Check out the daily active users dashboard here 📊⤵️

tokenterminal.com/terminal/metri…
- 15 of the top 20 projects are either L1 or L2 blockchains. Osmosis being the only L1 ‘appchain’ that made the cut

- User activity for the top projects has been relatively consistent throughout the year

- BNB Chain has started to close the gap to Tron over the past few months
Read 11 tweets
Mar 10, 2023
There are currently six different ways to interact with on-chain data on Token Terminal:

1⃣ Metrics
2⃣ Market sectors (🆕)
3⃣ Projects
4⃣ Trending contracts
5⃣ Financial statements (🆕)
6⃣ API (🆕)

⤵️⤵️⤵️
2⃣ Market sectors (🆕)

tokenterminal.com/terminal/marke…
Read 7 tweets
Mar 8, 2023
1/ Introducing 'market sector' dashboards 🚨📊

Gm to all the crypto fundamentals enjoyoors!

In our latest product update, we’ve sought to bring even more structure to the Token Terminal web application.

🧵⤵️ Image
2/ There are currently six different ways to interact with on-chain data on Token Terminal:

1⃣ Metrics
2⃣ Market sectors
3⃣ Projects
4⃣ Trending contracts
5⃣ Financial statements
6⃣ API Image
3/ This thread provides an overview of the different market sectors currently available on Token Terminal, let’s dive in!
Read 18 tweets
Feb 11, 2023
What is an Ethereum 'L2'?

One simple inclusion criteria:

Are the economics shared with the L1?

Chain & what token transaction fees are paid in:
1⃣ Optimism --> ETH ✅
2⃣ Arbitrum --> ETH ✅
3⃣ Starknet --> ETH ✅
4⃣ Polygon --> MATIC ❌ ImageImageImageImage
Read 5 tweets
Feb 9, 2023
🎙️ A new 15-minute fundamentals is out!

In this series, we interview core protocol contributors & together dive into the details behind the charts available on Token Terminal.

For our latest episode, we had the pleasure of hosting Seb from @GainsNetwork_io.

Tune in below! ⤵️ Image
🎙️ Link to the episode:

🎙️ Link to the podcast:

podcasts.apple.com/fi/podcast/gai…
Read 4 tweets

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