What is Dune Analytics? | Tools For Crypto

What is Dune Analytics?

Dune Analytics is a community-based open-source data provider which allows anyone to publish and access crypto trends in real-time. It is also open-source and free to use, meaning anyone can publish and access datasets without going through any formal registration process or paying for the privilege of participation.

The user base of the platform has also grown exponentially. It was merely a playing field for data geeks and enthusiasts when the company started. Today it provides a large spectrum of data to a massive consumer base encompassing established companies and start-ups.

What makes Dune Analytics unique?

At its heart, Dune Analytics is a community-driven project. Their data is open to everyone and is remixable. Unlike other companies, Dune’s employees are not the only ones that prepare data sets for specific projects. Instead, it allows everyone to query complex data using their robust editor and dashboard.

Dune’s vibrant community comprises traders, analysts, and enthusiasts who save and share their data analysis with the world. This open process allows the data to be mixed and reused to meet anyone’s needs. Many consider it the Github of the data analytics world.

How do you use Dune Analytics?

Anyone can use Dune Analytics by creating an account and using any of the popular Dashboards on the Discover tab. You see these dashboards under the “Discover” tab, and you can search for data using the search bar. You can search for the name of the protocol, token, or even the username who created the dashboard. 

Data is displayed in lists or visualized into graphs and bar charts. If you can’t find a query you want, you can create one. However, there are some limitations to what you can find.

Dashboards on Dune Analytics

To view any of the listed dashboards, you need to click on the dashboard to view it. Dune does not store any blockchain state dataIt only displays the Structured Query Language query results that were requested the last time Dune was accessed.

You can get more info by hovering over the charts. All queries automatically update when you view them. Note that refreshing can take some time, and you’ll be added to a queue. Your data may be out of date by as little as a few minutes to hours.

Using Dune Analytics for NFTs

Dune Analytics is a great platform that can be very useful for crypto companies and anyone looking for blockchain data because it allows anyone to query, extract, and visualize tons of data from the blockchain. It is a powerful tool that anyone who loves to work with data needs to perform analysis for DeFi projects and NFTs. You will find many OpenSea dashboards on the platform. 

Here are some examples of the most popular dashboards for NFTs:

  • OpenSea Top Trader Stats by @mtitus6 (Top Traders – Recent Purchases, OpenSea – Top 50 Traders)
  • NFT Sales Data OpenSea by @cryptuschrist (Volume, Sales, and Median Price, Top NFT Collections by Volume)
  • OpenSea Data @pancakephd (Active Users, NFTs Sold, Volume, OpenSea Volume Per Use)
  • NFT Market Overview by @sealaunch (OpenSea Volume and Transactions, Trending NFT Projects, NFT Market Volume per Day on Ethereum)

Dune Analytics offers a clear view into the market

The world of blockchain and everything in it is expanding at a rapid pace. That’s why we now need tools to help us better understand why and how DeFi protocols are evolving the way they are. Although on-chain data may not be able to help with trading or observing short-term trends, a tool such as Dune Analytics can be very powerful for uncovering macro trends.

It will quickly give you a feel for whether the market has gone into a bear or bull market, or give you answers regarding volumes and big shifts in trends. This could also help you to identify when things are overheating.

With so much information available, you should focus on making the most out of it. The fact that you can create SQL queries on multiple networks adds to the potency. Learn to do this, and soon you’ll have a much greater understanding of the market.

Team, Investors, Partners

Team

Investors

Dune Analytics has raised a total of $79.4M in funding over 3 rounds. Their latest funding was raised on Feb 2, 2022 from a Series B round.

Dune Analytics is funded by 21 investors. Multicoin Capital and Dragonfly Capital Partners are the most recent investors. Read more

Partners

Updating.

Verdict

Dune allows us to develop our view about blockchain data,  share it with everyone, and see other people’s perspectives. This platform has a massive quantity of data, including some that we can not discover anywhere else. Nonetheless, Dune is not perfect. We found some defects in it, such as being hard to use for people with no experience with SQL or coding, not allowing chart editing, or Poor user interface design 

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Issac

Coincu Ventures

What is Dune Analytics? | Tools For Crypto

What is Dune Analytics?

Dune Analytics is a community-based open-source data provider which allows anyone to publish and access crypto trends in real-time. It is also open-source and free to use, meaning anyone can publish and access datasets without going through any formal registration process or paying for the privilege of participation.

The user base of the platform has also grown exponentially. It was merely a playing field for data geeks and enthusiasts when the company started. Today it provides a large spectrum of data to a massive consumer base encompassing established companies and start-ups.

What makes Dune Analytics unique?

At its heart, Dune Analytics is a community-driven project. Their data is open to everyone and is remixable. Unlike other companies, Dune’s employees are not the only ones that prepare data sets for specific projects. Instead, it allows everyone to query complex data using their robust editor and dashboard.

Dune’s vibrant community comprises traders, analysts, and enthusiasts who save and share their data analysis with the world. This open process allows the data to be mixed and reused to meet anyone’s needs. Many consider it the Github of the data analytics world.

How do you use Dune Analytics?

Anyone can use Dune Analytics by creating an account and using any of the popular Dashboards on the Discover tab. You see these dashboards under the “Discover” tab, and you can search for data using the search bar. You can search for the name of the protocol, token, or even the username who created the dashboard. 

Data is displayed in lists or visualized into graphs and bar charts. If you can’t find a query you want, you can create one. However, there are some limitations to what you can find.

Dashboards on Dune Analytics

To view any of the listed dashboards, you need to click on the dashboard to view it. Dune does not store any blockchain state dataIt only displays the Structured Query Language query results that were requested the last time Dune was accessed.

You can get more info by hovering over the charts. All queries automatically update when you view them. Note that refreshing can take some time, and you’ll be added to a queue. Your data may be out of date by as little as a few minutes to hours.

Using Dune Analytics for NFTs

Dune Analytics is a great platform that can be very useful for crypto companies and anyone looking for blockchain data because it allows anyone to query, extract, and visualize tons of data from the blockchain. It is a powerful tool that anyone who loves to work with data needs to perform analysis for DeFi projects and NFTs. You will find many OpenSea dashboards on the platform. 

Here are some examples of the most popular dashboards for NFTs:

  • OpenSea Top Trader Stats by @mtitus6 (Top Traders – Recent Purchases, OpenSea – Top 50 Traders)
  • NFT Sales Data OpenSea by @cryptuschrist (Volume, Sales, and Median Price, Top NFT Collections by Volume)
  • OpenSea Data @pancakephd (Active Users, NFTs Sold, Volume, OpenSea Volume Per Use)
  • NFT Market Overview by @sealaunch (OpenSea Volume and Transactions, Trending NFT Projects, NFT Market Volume per Day on Ethereum)

Dune Analytics offers a clear view into the market

The world of blockchain and everything in it is expanding at a rapid pace. That’s why we now need tools to help us better understand why and how DeFi protocols are evolving the way they are. Although on-chain data may not be able to help with trading or observing short-term trends, a tool such as Dune Analytics can be very powerful for uncovering macro trends.

It will quickly give you a feel for whether the market has gone into a bear or bull market, or give you answers regarding volumes and big shifts in trends. This could also help you to identify when things are overheating.

With so much information available, you should focus on making the most out of it. The fact that you can create SQL queries on multiple networks adds to the potency. Learn to do this, and soon you’ll have a much greater understanding of the market.

Team, Investors, Partners

Team

Investors

Dune Analytics has raised a total of $79.4M in funding over 3 rounds. Their latest funding was raised on Feb 2, 2022 from a Series B round.

Dune Analytics is funded by 21 investors. Multicoin Capital and Dragonfly Capital Partners are the most recent investors. Read more

Partners

Updating.

Verdict

Dune allows us to develop our view about blockchain data,  share it with everyone, and see other people’s perspectives. This platform has a massive quantity of data, including some that we can not discover anywhere else. Nonetheless, Dune is not perfect. We found some defects in it, such as being hard to use for people with no experience with SQL or coding, not allowing chart editing, or Poor user interface design 

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Issac

Coincu Ventures

Visited 54 times, 1 visit(s) today