Dune is great. Platform that allows users to build dashboards & make SQL queries, thereby extracting a wide variety of blockchain information. Many great dashboards freely available. Thread on my favs will follow
great tool for on-chain data analysis. Has a paid plan but offers a lot of functionality for free as well. Supports a large number of assets & has dozens of metrics to choose from
one of the most advanced on-chain data providers out there. Very useful wallet tracking features (whales, influencers, etc) as well. Unfortunately only available for free on trial
if you're a shitcoin degen you might be looking for charting tools. My fav one is DEXScreener. Basically supports every chain and lets you find the newest listings before anyone else
it's key to keep an eye on the activity on the protocols you're looking to invest in. DappRadar is the leading dApp explorer and provides user stats across multiple chains
0/ when analyzing a DEX, it's essential to look at efficiency metrics that provide an indication on how efficiently a DEX is able to generate volume & revenues on its TVL ππ
feat. $UNI, $SUSHI, $JOE, $BOO, $QUICK
𧡠investor's guide on #DEX capital efficiency (0/30)βοΈπ
1/ often people use the TVL (total value locked) metric in order to measure success of decentralized exchanges. However, this metric alone can be very misleading
2/ the goal of a #DEX is to generate volume and subsequently earn trading fees
a better DEX metric than TVL is hence capital efficiency or in different words, how well a DEX is able to maximize utilization of the available liquidity (get volume) & generate revenue on the pools
0/ like #TradFi companies, #DeFi protocols should be profitable & generate more revenue than cost (token emissions), while accruing value to token holdersπ
base your investment decisions on fundamental analysis!ππ
𧡠investor's guide on #DeFi profitability (0/45)ππ
1/ #DeFi has grown to become a multi-billion-dollar industry, consisting of a multitude of highly specialized blockchains and entire ecosystems of composable, decentralized finance protocols that are built on top of various smart contract blockchains
2/ like traditional financial services companies, these protocols provide users with a broad array of financial services. #DeFi services today range from payments and non-custodial swaps to lending & on-chain derivatives and are continuously expanding
0/ #DEXes like @Uniswap are a core piece of the decentralized financial infrastructure on $ETH & beyondβ¨
but what happens under the hood when you swap tokens on exchanges like $UNI, $SUSHI, $JOE or $BOO?π€
explainer-𧡠on the constant product #AMM model (0/46)βοΈπ
1/ automated market makers have been one of the most important innovations in DeFi and the overall crypto space. The concept was ideated by @VitalikButerin in 2016 and pioneered by @Bancor & @Uniswap in 2017 & 2018 respectively
2/ the #AMM space has quickly grown into the largest sector within #DeFi & today we find decentralized exchanges using the AMM model in various forms on basically every smart contract L1/L2 (or as app-chain implementations)
0/ stablecoin liquidity is a core element of a flourishing, decentralized financial system
let's explore the #stablecoin landscape & have a look at the largest & most innovative stablecoins out there
featuring $USDT, $DAI, $FRAX, $UXD & more
mega-𧡠on stablecoins (0/50)β¨π
1/ stablecoins are #cryptocurrencies the value of which is pegged, or tied, to that of another currency, commodity or financial instrument
2/ most #stablecoins use the the U.S. dollar as their βstableβ reserve asset. Stablecoins are designed to reduce volatility relative to unpegged #cryptocurrencies like Bitcoin and bridge the worlds of crypto & fiat currencies
0/ a fundamental look at the state of @arbitrum, the leading optimistic #rollup L2 in the #Ethereum ecosystem!β¨
π§΅with @aurumcrypto research insights (0/26)π
1/ @arbitrum has seen a 36% increase in active daily users on #arbitrum one mainnet on a month on month basis, while #ArbitrumOdyssey is still pausedπ
2/ number of active users has been steadily growing since January 2021 and growth has accelerated in recent weeks with #arbitrum one mainnet reaching >32k active daily users on September 5th