GM!
We’re settling back into the swing of things after an amazing week in Lisbon meeting up with each other and a lot of cool people in the space.
Dune Wizards never took a break though - and were pumping out amazing dashboards by the dozen. Let’s check them out…..
Fractional.art seems to be scaling
Fractional.art is an interesting synergy between NFTs and DeFi, allowing holders to fractionalize illiquid NFTs into fungible ERC20 tokens.
@mizmatcat investigated with a cool dashboard showing:
1,236 vaults created
$1.057 Billion value traded
$554m liquid market cap
Daily trading volume peaked during late Summer with some recent bumps.
Daily vault creations have shown a similar pattern, peaking in mid-August before levelling out to a reasonably consistent rate throughout the last two months.
Cumulative vault creations are showing a healthy trend though:
To go deeper, @ilemi’s Fractional dashboard has some great insights. There are currently 1,076 unique curators - the users who fractionalize NFTs through the protocol to earn fees - and 27,769 unique collectors.
With 2,275 total NFTs locked into the platform, the TLV in vaults is significant, clocking in at more than $4.2B. To dive deeper, check out the full dashboard.
Compound Breakdown by @supernova
@supernova built a nice dashboard analyzing key metrics on Compound.
Firstly, the number of borrowers is a critical metric for Compound which never recovered from the peak in DeFi Summer 2020, falling further in recent months.
On the flipside, Monthly borrow amount in USD has been steadily rising to new heights through 2021, with “new” addresses dominating throughout much of the year.
According to @supernova, this demonstrates “strong product market fit through sustainable demand”.
What about market share? After growing in 2020 and cutting into MakerDAO’s space - Compound has maintained a steady position throughout 2020 as Aave’s continues to grow.
Compound seems in a good place and well positioned to remain a crypto lending powerhouse. To dive deeper into the metrics, check out the dashboard.
Gelato Network investigated by @MARKOV
Gelato Network automates smart contract executions on “Ethereum & beyond” through a network of bots. It aims to allow users to interact with DeFi in novel ways and developers to “outsource their web3 DevOps needs”.
@Marcov put together a nice dashboard. The number of Gelato Network transactions on Ethereum peaked in Spring, before dropping significantly since - with just 179 transactions in the past 30 days.
On Polygon we see a different story, with transactions surging in the past few months to more than 26,000 in the past 30 days out of a 48,846 total.
If this platform interests you - check out Gelato’s Docs, and take a look at @Markov’s dashboard to see:
Chainport on BSC
Dune now integrates with Binance Smart Chain! @Dcentralab wasted no time creating an interesting dashboard covering ChainPort analytics on BSC.
ChainPort is a blockchain bridge for transferring tokens between chains that has seen steady growth in daily transactions over the past few months:
This is a great dashboard - check it out if you’re interested in ChainPort.
Million Token staking breakdown
Million Token is a “stablecoin” ERC-20 with a fixed supply of one million created by well-know YouTuber TechLead (as a millionaire).
Staking was recently introduced, and @milliontoken spun up a neat dashboard covering it:
211,890 $MM are staked with a value of $4,777,673. Check out this dashboard for a broader overview, and head here for more on staking.
More Cool Dashboards
SushiSwap metrics by @KARTOD
DEX product metrics by @ljd_x
MaidCoin by @hildobby
Royal Society of Players by @mr_dash_x_dot_nft
Frax Olympus Pro & Shapeshift Olympus Pro by @shadow
Party Ape Billionaire Club by @jxtr
Bushidos dashboard by @satoshibushido
Metamask by @MatteoLeibowitz
GN
That’s all for this week.
See you next Thursday for more data & dashboards. If you’d like to see more (or less) of anything in Dune Digest, we’d love to hear your feedback!
In the meantime why not build some awesome dashboards yourself, and hang out with us on Twitter & Discord.
Remember… WAGMI.