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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.
Kalshi and Polymarket crypto event contracts hit a record $2.7 billion in weekly trading volume, with 15-minute BTC price predictions emerging as a new hotspot
According to Dune data, nominal trading volume for crypto-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting an all-time high. Bitcoin short-term up/down contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single trades exceeding $1 million, and some traders using trading bots to capture opportunities in the final seconds before contract expiration.Cryptocurrency has now become the second-largest trading category on both platforms after sports. Crypto trading platforms including Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or partnering with prediction markets. Meanwhile, declining spot trading volume on centralized exchanges is also pushing crypto platforms to seek business diversification. However, as multiple U.S. states mount legal challenges against sports-related prediction contracts, the regulatory trajectory could also affect the industry's development. (Bloomberg)
Polymarket’s annualized revenue exceeds $1 billion, daily trading volume rises to $200 million
According to market sources: Prediction market platform Polymarket’s annualized revenue has surpassed $1 billion, with daily trading volume soaring from $50 million to $200 million. (Sina Finance)
Dune launches real-time spot and perpetual futures market data feeds covering over 200 trading venues
Odaily reports: Onchain analytics firm Dune has launched Market Data Feeds, covering spot and perpetual futures trading across various onchain venues, and standardizing fields such as instrument, venue, buy/sell direction, price, and USD value, making it easier for subscribers to compare trade execution across protocols and blockchains. Dune stated that the product's spot data covers more than 200 trading venues, with the relevant data delivered approximately 1 second after the block containing the transaction is produced; the data is not visible before transaction settlement, nor does it cover the complete records of all offchain protocols.
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)
Relay Says Its Service Covers Thousands of Developers and Roughly 100x Transaction Volume, Responding to Pump Cross-Chain Performance Controversy
Odaily reports: Relay posted on X stating that its platform serves use cases including wallets, payments, real-world assets, prediction markets, perpetual contracts, and trading, covering thousands of developers. It claims that the platform is best-in-class in terms of transaction latency, reliability, and fill rates, with data covering roughly 100x transaction volume, larger orders, more routing, and more use cases, and it publicly provides Dune data. Relay stated that performance may vary significantly across different applications depending on integration methods, and that it has recently released multiple updates.
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.
Related news
Dune launches real-time spot and perpetual futures market data feeds covering over 200 trading venues
Odaily reports: Onchain analytics firm Dune has launched Market Data Feeds, covering spot and perpetual futures trading across various onchain venues, and standardizing fields such as instrument, venue, buy/sell direction, price, and USD value, making it easier for subscribers to compare trade execution across protocols and blockchains. Dune stated that the product's spot data covers more than 200 trading venues, with the relevant data delivered approximately 1 second after the block containing the transaction is produced; the data is not visible before transaction settlement, nor does it cover the complete records of all offchain protocols.
Kalshi and Polymarket crypto event contracts hit a record $2.7 billion in weekly trading volume, with 15-minute BTC price predictions emerging as a new hotspot
According to Dune data, nominal trading volume for crypto-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting an all-time high. Bitcoin short-term up/down contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single trades exceeding $1 million, and some traders using trading bots to capture opportunities in the final seconds before contract expiration.Cryptocurrency has now become the second-largest trading category on both platforms after sports. Crypto trading platforms including Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or partnering with prediction markets. Meanwhile, declining spot trading volume on centralized exchanges is also pushing crypto platforms to seek business diversification. However, as multiple U.S. states mount legal challenges against sports-related prediction contracts, the regulatory trajectory could also affect the industry's development. (Bloomberg)
Relay Says Its Service Covers Thousands of Developers and Roughly 100x Transaction Volume, Responding to Pump Cross-Chain Performance Controversy
Odaily reports: Relay posted on X stating that its platform serves use cases including wallets, payments, real-world assets, prediction markets, perpetual contracts, and trading, covering thousands of developers. It claims that the platform is best-in-class in terms of transaction latency, reliability, and fill rates, with data covering roughly 100x transaction volume, larger orders, more routing, and more use cases, and it publicly provides Dune data. Relay stated that performance may vary significantly across different applications depending on integration methods, and that it has recently released multiple updates.
Dune Launches Real-Time On-Chain Market Data Streams, Covering 12 Networks and Over 200 On-Chain Trading Platforms
Odaily reports: Crypto data analytics platform Dune has announced the launch of real-time market data streams, with spot trading data available within approximately 1 second after a trade is executed, covering more than 200 on-chain trading platforms across 12 blockchain networks, including Solana, Ethereum, Base, BNB Chain, and X Layer; perpetual contract data streams will track trading on Hyperliquid and Lighter.Dune co-founder and CEO Fredrik Haga stated that on-chain trading currently accounts for approximately 25% of total crypto spot trading volume, and as tokenized asset trading develops, market demand for on-chain data continues to grow. Dune said the new data service will help hedge funds, asset managers, market makers, and brokers track on-chain price discovery within their existing market data systems. The company also noted that OKXICE, a joint venture between OKX and Intercontinental Exchange (ICE), has submitted an application to list 63 tokenized stocks on X Layer. (The Block)
X-Agent on-chain data grows rapidly, x402 payments surpass 680,000
the latest Dune data from X-Agent shows that, as of October 20, platform-related on-chain activity has reached 1,268,897 transactions, the number of Agentic Wallets has reached 39,649, and a cumulative total of 680,285 x402 payments and 233,188 AI Activity Syncs have been generated.According to Dune trend data, X-Agent on-chain activity showed significant growth in October, with Transactions rapidly expanding within the month, and x402 Payments also seeing notable growth recently.Compared with traditional AI products, which mainly measure user numbers, conversation volume, and model invocation volume, what is more noteworthy about this set of data is that AI Agents in the X-Agent ecosystem are gradually generating real, verifiable on-chain economic activity.Through infrastructure such as Agentic Wallet, x402 payments, and AI Activity Sync, Agents are moving beyond being mere information interaction tools and further becoming economic participants capable of executing tasks, using wallets, initiating payments, and generating on-chain records.This further validates the Agent Economy path that X-Agent is advancing:Build → Act → Pay → VerifyFrom "creating AI Agents" to "enabling Agents to truly execute and transact," X-Agent is attempting to connect Agent capabilities, on-chain execution, and payment settlement into a complete closed loop.As the scale of x402 payments and Agentic Wallets continues to grow, the Agent Economy is gradually transforming from a concept into real network activity that can be directly observed and measured through on-chain data.
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.