Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Token Terminal 📊 Profile picture
@tokenterminal
Dec 8, 2024 • 10 tweets • 4 min read • Read on X
Scrolly
crypto has reached escape velocity 🧑‍🚀🌕

people...
▪️ value cryptoassets
▪️ hold cryptoassets
▪️ trade cryptoassets
▪️ borrow cryptoassets
▪️ use crypto applications
▪️ transact with stablecoins
▪️ earn by building in crypto
▪️ can use crypto networks for ~free

a thread 🧵⬇️Image
People value cryptoassets

▪️ Five cryptoassets have reached a market cap of over $100 billion

▪️ The combined market cap of these 5 assets is ~$3 trillionImage
People hold cryptoassets

▪️ Close to 1 billion unique addresses hold a cryptoasset balance

▪️ The tokenholder count has gone up 10x over the past four yearsImage
People trade cryptoassets

▪️ The monthly DEX trading volume regularly surpasses $200 billion

▪️ The DEX market sector took off properly in July '20Image
People borrow cryptoassets

▪️ Over $20 billion is actively borrowed via onchain lending marketplaces

▪️ The active loans figure has been up only since January '23Image
People use crypto applications

▪️ The global daily active user count in crypto is at all-time highs of 18.7 million

▪️ The same figure was 7.7 million at the start of '24Image
People transact with stablecoins

▪️ The global stablecoin supply is at all-time highs of $190 billion

▪️ The stablecoin supply has increased by over $60 billion since the start of '24Image
People earn by building in crypto

▪️ The quarterly revenue for the crypto market is close to $3 billion

▪️ The quarterly revenue figure has been trending up since Q4 '22Image
People can use crypto networks for ~free

▪️ It is possible to transact on a blockchain for less than $0.01

▪️ Transaction fees are no longer a blocker for the mainstream adoption of crypto applicationsImage
crypto macro dashboard

tokenterminal.com/explorer/studi…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Token Terminal 📊

Token Terminal 📊 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @tokenterminal

Token Terminal 📊 Profile picture
Mar 15
📊🎨 Chart visualizations matter

All four charts below show the *exact same* data: active loans for lending projects on Base.

However, all four charts communicate a *different* message. 🧵👇 Image
Active loans on Base, grouped by none, bar chart

What is the total active loans on Base? Image
Active loans on Base, grouped by project, stacked bar chart

Which lending projects contribute (the most) to the active loans metric on Base?

on a $ basis Image
Read 6 tweets
Token Terminal 📊 Profile picture
Dec 10, 2024
📊✅ BMX enters into a Data Partnership with Token Terminal

▪️ @MorphexBMX is one of the fastest growing derivative exchange projects on @base, with a deployment also on @modenetwork.

▪️ The project has been entirely self-funded, with its core contributors bringing several years of experience from building onchain protocols.

▪️ Now, with ~$1 billion in all-time notional trading volume, BMX recognized the need for reliable, continuous, and data-driven stakeholder reporting.Image
Reliable onchain data & transparent stakeholder reporting matter

▪️ To improve its existing onchain analytics and stakeholder reporting, BMX turned to Token Terminal, a leading onchain data platform trusted by institutional partners like Bloomberg.

▪️ Token Terminal's dedicated focus on data standardization made it an ideal partner for BMX.

▪️ The decision to partner was further eased by the fact that Token Terminal already had a public track record of reporting standardized financial and usage metrics for other leading derivative exchange projects, such as GMX, dYdX, and more.Image
“By partnering with Token Terminal, we’re able to benchmark our performance against the competition in a fair and accurate way. Having a real-time dashboard on Token Terminal is not only a great tool for our team, but for all BMX stakeholders.”

@0xdaedboi, Founding Contributor to BMXImage
Read 9 tweets
Token Terminal 📊 Profile picture
Dec 7, 2024
ICYMI: Users on @base have deposited $4 billion into applications on Base.

That figure was ~$300 million at the beginning of the year.Image
chart created w/

a view from the engine room: Image
Read 4 tweets
Token Terminal 📊 Profile picture
Apr 14, 2024
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
Token Terminal 📊 Profile picture
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
Token Terminal 📊 Profile picture
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 (🆕)

⤵️⤵️⤵️
1⃣ Metrics

tokenterminal.com/terminal/metri…
2⃣ Market sectors (🆕)

tokenterminal.com/terminal/marke…
Read 7 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(