Ethereum Adoption by the Numbers
November 3, 2020
Ethereum’s growth in terms of new contracts created daily; amounts sent to DEXes vs. CEXes; amounts of BTC wrapped to enter DeFi; and addresses currently interacting with DeFi.
Deep Dives
Bitcoin Whales Just Split Up $5.5B Into Smaller Wallets
October 27, 2020
Since the price of BTC started to increase, whales have sent a total of 423,914 BTC to other addresses on the blockchain. That’s equal to 5.5 billion dollars divided up in “smaller wallets” which hold under 1,000 BTC.
On-Chain Transactions Suggest Pickle Farmers Got Spooked
October 16, 2020
On September 30th the Pickle team announced that something had gone wrong and they couldn’t retrieve people’s funds. What we see happen on chain is a clear reduction in activity starting on that date.
Is it time to take DeFi Seriously?
October 13, 2020
Bitcoin is the blockchain everyone knows. But Ethereum is the one everyone is using, mainly because of the growth in DeFi. Even Bitcoin Maximalists might change their minds after seeing these numbers.
Did SushiSwap Really “Steal” Liquidity from UniSwap?
October 1, 2020
SushiSwap, which went live on August 28th, has been called a “vampire protocol” by some due to its intention of sucking Uniswap’s liquidity and migrating it to its own ecosystem. In truth, Uniswap only benefited from SushiSwap’s enormous liquidity and riveting drama. Here’s a breakdown of what happened.
How Much Are Ethereum Whales Actually Making on DeFi?
September 23, 2020
Ethereum whales are undoubtedly driving the decentralized finance (DeFi) movement by depositing millions of dollars into decentralized liquidity pools to earn interest. But how much are they actually making?
Black Thursday Was Nothing Compared to This
September 14, 2020
What a FEEasco. Ethereum gas fees reach devastating new highs as new DeFi protocols require more complex transactions, and demand fueled by yield farming continues to increase.
The New Algorand Community Console Reveals Which Dapps are Driving Real Growth
September 10, 2020
Today we launched the Algorand Community Console, a new interactive platform for users to dive deeper into Algorand’s blockchain data. With DeFi and cryptocurrency markets moving so rapidly, we found it important for users to be able to examine what is happening on-chain, in real time. Anyone can access it for free at algorand.flipsidecrypto.com.
Yam, Spaghetti, Now Sushi – The latest food-themed DeFi project attracts over $1B in 4 days.
September 4, 2020
SushiSwap, a fork of Uniswap’s decentralized exchange, is quickly becoming a DeFi giant, with currently $1.4B total value locked. Above is a visualization of SUSHI token net asset flows from September 1-4.
USDC Serves as Major Onramp for DeFi Users
September 2, 2020
USDC stablecoin just joined the Flipside Data Cooperative, which means its on-chain data is now available for anyone to access publicly. Take a look at what happened on August 14th, 2020 when Curve launched its governance token, CRV.
An On-Chain Look at DeFi’s Most Shady Token Launch
August 27, 2020
On Thursday August 14th, an anonymous DeFi user deployed Curve Finance’s Decentralized Autonomous Organization (DAO) and token smart contracts without the team’s permission. Around 80,000 Curve Tokens were mined before the official launch several hours later.
RenBTC Quietly Gains Momentum as Users Bring Bitcoin to Ethereum Anonymously.
August 17, 2020
An increasing number of people are locking up their bitcoin with renBTC, and then trading their renBTC for wBTC to get into Ethereum anonymously.
Qtum Joins the Flipside Data Cooperative as they Prepare for Offline Staking
August 6, 2020
Qtum is the latest in a series of
The launch of YFI: What a Fair Token Distribution Looks Like
August 3, 2020
The latest incentive farm is YFI – the governance token for Yearn.Finance.
This Exchange is Likely Inflating COMP Volume to Attract Users
July 24, 2020
A preview of Flipside’s new dashboards compares 6 exchanges’ reported trading volumes to the amount of deposits and withdrawals made on-chain, in order to highlight suspicious activity.
Blockstack Joins the Flipside Data Cooperative to Bring Full Transparency to its Ecosystem
July 22, 2020
Blockstack is the latest in a series of blockchain projects to join the Flipside Data Cooperative – a transparency initiative for partner networks to showcase their on-chain activity publicly.
Are COMP Early Backers Racing for the Exits?
July 17, 2020
Take a look at the active supply of COMP tokens moving on-chain from June 14th to July 13th.
How BAT Became the Most Used Coin in DeFi – for Two Weeks
July 10, 2020
Legend: The active supply of the Basic Attention
Why Binance Swapped 300M Tether from TRON to Ethereum
July 2, 2020
On June 29th, Binance swapped 300M Tether on TRON for USDT on Ethereum. Here’s why.
Chainlink ‘Marines’ are Growing in Numbers and Here’s Why
July 2, 2020
The distribution of LINK tokens across the Chainlink network reveals an increase in “top holders” – or the accounts that hold a meaningful percentage of the active supply.