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Homeweb3.0A Deep Dive into the Dune Analytics Blockchain Research Tool

A Deep Dive into the Dune Analytics Blockchain Research Tool

Jan 19, 2024 pm 01:39 PM
Blockchain Research Tools

One of the attractions of public blockchain finance is that all transactions are publicly recorded and anyone can verify this. In principle this works, but in practice it is quite cumbersome to retrieve millions of transactions to get information about a specific transaction. Therefore, it is very important to have a powerful blockchain analysis tool, and DuneAnalytics is such a tool. It simplifies the blockchain research process by helping users enter simple queries into existing databases. For investors who are new to the currency circle, it is necessary to learn about DuneAnalytics, a blockchain research tool. Now, let me introduce it to you in detail.

区块链研究工具Dune Analytics全面介绍

Comprehensive introduction to blockchain research tool Dune Analytics

Dune Analytics is a powerful tool for accurately tracking and obtaining information about decentralized finance information on all aspects. Founded in 2018, Dune Analytics is based in Oslo and focuses on information within the Ethereum network. Through the rich queries and dashboards provided by its platform, as well as the ability to create custom queries and dashboards, Dune Analytics can become your loyal partner in the blockchain finance field, helping you better understand this challenging field. navigation.

Dune analysis is made for the Ethereum blockchain. This is because the Ethereum blockchain is at the center of most decentralized finance initiatives; therefore, a large number of transactions across different sectors pass through it every second. In addition to transactions on the Ethereum mainnet itself, you can also track transactions for projects built on the Ethereum blockchain. Uniswap, 1inch, Curve, Compound, Optimism, xDai, 0x, BoringDAO, Aave, Balancer, dYdX, MakerDAO and other projects.

Dune Analytics Function Introduction

Dune Analytics has two most prominent functions, namely query and dashboard. These tools allow you to parse databases efficiently and create your own databases. Before we explore how to create a custom query, we first need to understand how to build on an existing query.

·Popular Pre-Built Dashboards

Dashboards are user-created groups of queries and visualizations centered on specific parts of the ETH blockchain. There are multiple optional dashboards on the Dune interface, including DeFi, DEX, Uniswap, stablecoins, Bitcoin, ERC-20, Ethereum, MakerDAO, wrapped, etc. These dashboards provide quick access and analysis of relevant data and information. Users can choose the right dashboard for their needs and personalize it to their liking.

·Popular Canned Queries

A query is a singular entry on the Dune interface that is used to ask questions about a specific topic. For example, someone might want to know information about the first ten transactions on the Ethereum blockchain. This is a query. Popular queries are categorized on the Dune Analytics page and you can find preset queries that match your request. Similar to looking at the FAQ section when browsing a website. Popular query categories include DEX, Uniswap, lending and trading, etc.

· Custom Dashboards:

In the rare case that you don’t find what you are looking for in the list of pre-made queries and dashboards, you can create a custom dashboard and Start adding queries to it.

The above content is the editor’s comprehensive introduction to the blockchain research tool Dune Analytics. DuneAnalytics’ future plans include expanding to other blockchains, introducing more tools such as API access, and launching a new data platform that allows users to compare datasets across chains. There is a public backend in the project where anyone in the world can deploy applications and create data. With Dune, anyone in the world can analyze this data, which is why the opportunity for this project is great and why the project decided to go the open route. The company has great confidence in what it is doing.

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