Blockchain Analytics

Blockchain Analytics

This blog provide data driven insights into blockchain projects.


Avalanche Protocols: Comparing Revenue Growth

2 Dec 2023 2 minute read 1 comment SocioCrypto

Introduction The Avalanche blockchain has recently experienced a significant surge in revenue and transaction fees. On a single day last week, Avalanche users paid +$873K as transaction fee. This raises the question of which projects contributed to t...

Kamino Lending: A Comprehensive Analysis

29 Nov 2023 2 minute read 2 comments SocioCrypto

Introduction Solana DeFi is on the rise, with users flocking to DeFi protocols and liquidity pouring into pools and vaults. Some protocols, like JitoSOL, MarginFi, and Jupiter, are frequently discussed, drawing attention due to rumors about airdrops...

ATOM Halving: The Crucial Vote on Proposal #848

23 Nov 2023 2 minute read 5 comments SocioCrypto

Introduction The most heated and perhaps crucial voting in Cosmos governance is underway. Proposal #848 has become one of the most disputed proposals, addressing the ATOM inflation rate. ATOM has one of the highest inflation rates among top cryptocur...

Drift Protocol V2: A Comprehensive Analysis

20 Nov 2023 1 minute read 0 comments SocioCrypto

Introduction DeFi on Solana has drawn a lot of attention. In my recent article, I discussed MarginFi, a lending-borrowing protocol, and explained its recent rapid growth. In this article, I will look into another DeFi protocol on Solana that focuses...

The Rise of L2s DeFi: The Case of Velodrome/Optimism

18 Nov 2023 1 minute read 1 comment SocioCrypto

Introduction  Arbitrum, Optimism, and Base are currently among the top 10 blockchains in terms of TVL. Other newly launched L2 projects like ZkSync, Mantle, Linea, and Scroll are drawing attention. In their recent L2 reports, Coin98 Analytics stated...

Death of Solana DeFi? Think Again: The Case of MarginFi

18 Nov 2023 1 minute read 1 comment SocioCrypto

Introduction In November 2021, $SOL reached its all-time high at $250. A year later, in November 2022, it traded around $10. Many marked this as the death of Solana, the chain that was called the Ethereum killer. At that time, liquidity flowed out of...