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Project Overview
Dune Analytics is a site that lets anyone publish and access crypto dashboards driven by blockchain data. It provides users with all the tools necessary to query, extract, and visualize vast amounts of data from the blockchain. Anyone can create SQL queries on blockchain data for free, and the results are visualized as charts.
Dune: 85% of DeFi Concentrated Liquidity is Underutilized, Resulting in $150 Million in Lost Fees Annually
According to a study commissioned by 1inch and conducted by on-chain analysis platform Dune, approximately 85% of concentrated liquidity on decentralized exchanges is not functioning as intended at the time of deposit, with an average of about $542 million completely outside their fee-earning range each week. Liquidity providers whose positions fall outside this fee-earning range lose approximately $150 million in fees annually, with over one-third of this idle capital remaining untouched for more than 90 days. (Theblock)
Hyperliquid ETF saw a net inflow of $25.5 million on Wednesday
Odaily Odaily According to data from SoSoValue and Dune Analytics, the newly launched Hyperliquid ETF recorded a net purchase volume of $25.5 million on Wednesday, surpassing the total net purchases of $22.35 million from the previous five days combined.Additionally, Bitwise revealed the wallet address for its Hyperliquid ETF on Wednesday and announced that 10% of the ETF's management fees will be used to hold HYPE on its balance sheet. (decrypt)
Bloomberg: Robinhood Stock Tokens Become the "New Fuel" for Meme Coins, Trading Volume Peaks at $440 Million
According to Bloomberg, Robinhood stock tokens are becoming a new liquidity asset for Meme coin trading. Since these tokens are 1:1 backed by their corresponding stocks and can circulate on open on-chain markets, they introduce a new asset class that allows traders to combine them with Meme coins in liquidity pools for direct swapping. Citing Dune data, the report notes that daily trading volume for stock token and Meme coin pairs reached approximately $440 million in early September before quickly falling back.
On the sixth day after Circle's Arc mainnet launched, transaction fees dropped to approximately $9,218, down 96.7% compared to the first day.
According to @defioasis citing Dune data, network transaction fees on Circle's Arc mainnet dropped to approximately $9,218 on its sixth day since launch (September 21), down 96.7% from the first day. During the same period, the daily transaction fees for Robinhood Chain, Base, Arbitrum, and Sui were approximately $312,000, $139,000, $22,300, and $11,500, respectively.
Arc Mainnet Goes Live: 7.76 Million Transactions on Day One, USDC Transfer Volume Nears $1 Billion
Odaily reports, according to Dune data, Arc mainnet recorded 7.76 million transactions on its first trading day, generating approximately $280,000 in fees. Meanwhile, Uniswap's single-day trading volume on Arc exceeded $410 million.Additionally, Arc uses USDC as its native gas token, with single-day USDC transfer volume approaching $1 billion and total on-chain USDC reaching $650 million. New addresses on the day exceeded 700,000, bringing the total number of addresses past 840,000.
Anchorage Digital Partners with Frgmnt to Open fUSD and sfUSD Stablecoin Infrastructure to Institutions
Odaily News: Stablecoin protocol Frgmnt has partnered with digital asset custody and infrastructure company Anchorage Digital to open fUSD and sfUSD infrastructure to institutional clients. Clients can hold, mint, stake, and redeem the related protocol assets within Anchorage Digital's existing custody environment without needing to establish separate custody arrangements.Frgmnt issues two related assets on Base, with fUSD minted from USDC and deployed to designated onchain lending markets; users can stake fUSD to receive sfUSD and earn rewards generated by the protocol's strategies. Related holdings and performance metrics can be monitored through Frgmnt's analytics tools, Dune, and DefiLlama.Anchorage Digital operates Anchorage Digital Bank, the first federally chartered crypto bank in the United States, providing custody, staking, trading, and settlement services to institutional clients. Frgmnt stated that protocol deposits will be opened in capped batches, with the next round of deposits planned for September. (Bitcoin.com News)
Pons: Paid $20.93 Million to Token Creators Over the Past 47 Days
Pons posted on X, stating that over the past 47 days, it has paid $20.93 million to token creators.Meanwhile, according to Dune data, a total of 23,080 tokens were deployed on the Robinhood Chain on August 29, of which Pons V2 deployed 15,957 tokens in a single day, accounting for approximately 69.1%, continuing to rank first.
Pons V2 deploys nearly 16,000 tokens in a single day, accounting for nearly 70% of new token deployments on Robinhood Chain
According to Odaily, data from Dune shows that on August 29, a total of 23,080 tokens were deployed on Robinhood Chain, with Pons V2 deploying 15,957 tokens in a single day, accounting for approximately 69.1%, continuing to rank first. During the same period, Flap, Long, and Bankr deployed 2,109, 1,805, and 1,534 tokens, respectively. In addition, Trenched.today deployed 833 tokens.
Related news
Bloomberg: Robinhood Stock Tokens Become the "New Fuel" for Meme Coins, Trading Volume Peaks at $440 Million
According to Bloomberg, Robinhood stock tokens are becoming a new liquidity asset for Meme coin trading. Since these tokens are 1:1 backed by their corresponding stocks and can circulate on open on-chain markets, they introduce a new asset class that allows traders to combine them with Meme coins in liquidity pools for direct swapping. Citing Dune data, the report notes that daily trading volume for stock token and Meme coin pairs reached approximately $440 million in early September before quickly falling back.
On the sixth day after Circle's Arc mainnet launched, transaction fees dropped to approximately $9,218, down 96.7% compared to the first day.
According to @defioasis citing Dune data, network transaction fees on Circle's Arc mainnet dropped to approximately $9,218 on its sixth day since launch (September 21), down 96.7% from the first day. During the same period, the daily transaction fees for Robinhood Chain, Base, Arbitrum, and Sui were approximately $312,000, $139,000, $22,300, and $11,500, respectively.
Arc Mainnet Goes Live: 7.76 Million Transactions on Day One, USDC Transfer Volume Nears $1 Billion
Odaily reports, according to Dune data, Arc mainnet recorded 7.76 million transactions on its first trading day, generating approximately $280,000 in fees. Meanwhile, Uniswap's single-day trading volume on Arc exceeded $410 million.Additionally, Arc uses USDC as its native gas token, with single-day USDC transfer volume approaching $1 billion and total on-chain USDC reaching $650 million. New addresses on the day exceeded 700,000, bringing the total number of addresses past 840,000.
Anchorage Digital Partners with Frgmnt to Open fUSD and sfUSD Stablecoin Infrastructure to Institutions
Odaily News: Stablecoin protocol Frgmnt has partnered with digital asset custody and infrastructure company Anchorage Digital to open fUSD and sfUSD infrastructure to institutional clients. Clients can hold, mint, stake, and redeem the related protocol assets within Anchorage Digital's existing custody environment without needing to establish separate custody arrangements.Frgmnt issues two related assets on Base, with fUSD minted from USDC and deployed to designated onchain lending markets; users can stake fUSD to receive sfUSD and earn rewards generated by the protocol's strategies. Related holdings and performance metrics can be monitored through Frgmnt's analytics tools, Dune, and DefiLlama.Anchorage Digital operates Anchorage Digital Bank, the first federally chartered crypto bank in the United States, providing custody, staking, trading, and settlement services to institutional clients. Frgmnt stated that protocol deposits will be opened in capped batches, with the next round of deposits planned for September. (Bitcoin.com News)
On-chain trading terminals recorded weekly trading volume of $6.35 billion, with GMGN contributing $2.07 billion
According to Dune data reported by Odaily, on-chain trading terminals recorded a weekly trading volume of $6.35 billion over the past week, the highest level since the TRUMP Meme coin craze. Among them, fomo recorded a weekly trading volume of approximately $2.38 billion, GMGN approximately $2.07 billion, Axiom approximately $714 million, while PumpApp and BasedBot reached approximately $490 million and $450 million, respectively.
Uniswap burned 178,000 UNI yesterday, with Robinhood Chain contributing over 80%.
According to Dune data, Uniswap's official burn mechanism burned a total of 178,000 UNI yesterday, worth over $1.11 million. Robinhood Chain alone accounted for 144,000 of these burns, representing over 80% of the total.