Overview
On-chain analytics is the analysis of blockchain data to understand activity and trends. It informs decisions in DeFi, NFTs, and markets. Tools like Dune power it.
How It Works
Data from blocks and transactions is indexed and queried to surface patterns, such as flows, usage, and risk. Analysts build dashboards and reports. This drives transparency.
Why It Matters
On-chain analytics provide transparency and insight into the ecosystem. They guide investment, protocol design, and research. They are essential to understanding Web3.
Related Concepts
On-chain analytics relate to Dune, Indexers, and Data. They reveal Blockchain activity.