Boston, Massachusetts, September 12, 2024, Chainwire
New Dashboard Gives Institutional Clients Deeper Insight into the Polkadot Ecosystem
The Tie, a leading provider of market data, news and analytics for digital assets, launches the Polkadot Ecosystem Dashboard providing institutional clients with access to a comprehensive suite of analytics for Polkadot-based assets.
The Polkadot Ecosystem Dashboard provides in-depth analysis of key metrics and insights, allowing users to understand key aspects of network performance and usage. By accessing Polkadot blockchain data through The Tie Terminal, investors and traders can make more informed decisions, improve their understanding of assets and projects within the ecosystem, and gain valuable insights into one of the most dynamic ecosystems in the digital asset space.
“We are excited to launch the Polkadot Ecosystem Dashboard, which provides our institutional clients with powerful tools to analyze and understand the rapidly evolving Polkadot ecosystem,” said Joshua Frank, Co-Founder and CEO of The Tie. “This addition to The Tie Terminal reflects our commitment to providing the most comprehensive information, enabling informed institutional crypto decision-making.”
The dashboard includes account and native token metrics, allowing users to track ecosystem growth by monitoring new, active, and cumulative account metrics over time for each parachain. This feature provides a clear view of user adoption and engagement, while detailed data on total supply, staked, and circulating units of parachain tokens reflects community growth and interest. Additionally, insights into the number of native token holders and price trends across the ecosystem provide additional context for analyzing network performance.
Users can also access an overview of transaction metrics, including the volume of native tokens transferred within parachains over time. Transactions are categorized into signed and unsigned types, providing insights into network activity and user behavior. The dashboard tracks transaction fees in native tokens and USD and displays transaction counts for Ethereum Virtual Machine (EVM)-compatible parachains, such as Moonbeam and Astar. Additionally, the dashboard monitors Cross-Consensus Messaging (XCM) transactions, providing a comprehensive understanding of cross-chain interactions and interoperability within the Polkadot network.
Total Value Locked (TVL) metrics provide a detailed analysis of the value locked on parachains, updated every 12 hours. This includes categories such as staking, governance tokens, and liquid staking. A tree map component provides a visual representation of the latest TVL metrics, presenting a high-level perspective of ecosystem value and activity.
The dashboard also features the latest XCM activity metrics, including data on XCM transfers, messages, open channels, and connected parachains, providing a comprehensive overview of Polkadot’s cross-chain messaging dynamics. The filtering feature allows users to track coins and events across the ecosystem, allowing them to filter the dashboard based on specific coins, watchlists, or sectors. This feature ensures that institutional clients stay informed of critical events within the Polkadot ecosystem, helping them stay ahead of important developments.
The Polkadot Ecosystem Dashboard is designed to provide users with a holistic view of network performance, making it easier to track developments, analyze trends, and explore the various projects within the Polkadot ecosystem. With this addition, The Tie Terminal continues to be an essential tool for institutional clients seeking comprehensive and actionable data in the digital asset space.
The Polkadot Ecosystem Dashboard is now available in the “Presets” section of the Dashboard Selection screen on The Tie Terminal. For more information, readers can visit The Tie website.
About the tie
The Tie is the leading provider of digital asset information services operating in three primary verticals: Institutional, Data Redistribution, and Enterprise Access. On the institutional side, The Tie’s core offering – The Tie Terminal is the fastest and most comprehensive workstation for institutional investors in digital assets. The Tie’s institutional clients include hundreds of traditional and crypto-native hedge funds, venture capital firms, market makers, asset managers, banks, and other institutional market participants.
Tie’s Redistribution business syndicates data feeds to dozens of leading platforms, including FalconX, BitMEX, Real Vision, Broadridge and Cointelegraph. Tie’s Enterprise Access business provides direct connectivity between institutions and token issuers through a series of industry-leading conferences and events, including our flagship event, The Bridge, in 2023 with the New York Stock Exchange.
About Polkadot
Polkadot is the powerful and secure heart of Web3, providing a shared foundation that unites some of the world’s most transformative applications and blockchains. Polkadot offers an advanced modular architecture that makes it easy for developers to design and build their own specialized blockchain projects, multi-tenant security that ensures the same high level of secure block production across all connected chains and applications, and robust governance that ensures a transparent system where everyone has a say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they are co-creators with the power to shape its future.
Contact
Jonathan Duran
jonathan@distractive.xyz
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