Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
New Dashboard Provides Institutional Clients with In-Depth Insights into the Polkadot Ecosystem
The Tie, a leading provider of market data, news, and analytics for digital assets, launches the Polkadot Ecosystem Dashboard enabling institutional clients to access a comprehensive suite of analytics for Polkadot-based assets.
The Polkadot Ecosystem Dashboard offers a deep dive into essential metrics and insights, enabling users to understand key aspects of the network's performance and usage. By accessing Polkadot blockchain data via The Tie Terminal, investors and traders can make more informed decisions, enhance 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.
âWe're excited to launch the Polkadot Ecosystem Dashboard, providing our institutional clients with powerful tools to analyze and understand the rapidly evolving Polkadot ecosystem,â said Joshua Frank, Co-Founder & CEO of The Tie. âThis addition to The Tie Terminal reflects our commitment to delivering the most comprehensive insights, enabling informed decision-making in institutional crypto.â
The dashboard includes account and native token metrics, allowing users to track the growth of the ecosystem 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 the total, staked, and circulating supply units of parachain tokens reflect community growth and interest. Additionally, information on the number of native token holders and price trends across the ecosystem offers further 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 both native tokens and USD and displays transaction counts for parachains with Ethereum Virtual Machine (EVM) compatibility, such as Moonbeam and Astar. Additionally, the dashboard monitors Cross-Consensus Messaging (XCM) transactions, offering a comprehensive understanding of cross-chain interactions and interoperability within the Polkadot network.
The Total Value Locked (TVL) metrics provide a detailed analysis of the value locked across parachains, updated every 12 hours. This includes categories such as staking, governance tokens, and liquid staking. A treemap component offers a visual representation of the latest TVL metrics, presenting a high-level perspective of the ecosystem's 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 thorough overview of Polkadot's cross-chain messaging dynamics. The screener function allows users to track ecosystem coins and events, enabling them to filter the dashboard according to specific coins, watchlists, or sectors. This feature ensures that institutional clients remain updated on critical events within the Polkadot ecosystem, helping them stay ahead of significant developments.
The Polkadot Ecosystem Dashboard is designed to give users a holistic view of the network's performance, making it easier to track developments, analyze trends, and explore the diverse 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 under the "Presets" section in the Dashboard Selection screen on The Tie Terminal. For more information, readers can visit The Tieâs website.
About The Tie
The Tie is the leading provider of information services for digital assets operating across three core verticals: Institutional, Data Redistribution, and Corporate Access. On the Institutional side, The Tieâs core offering - The Tie Terminal is the fastest and most comprehensive workstation for institutional digital asset investors. The Tie's institutional clients include hundreds of the leading traditional and crypto-native hedge funds, VCs, market makers, asset managers, banks, and other institutional market participants.
The Tieâs Redistribution business syndicates data feeds to dozens of leading platforms including FalconX, BitMEX, Real Vision, Broadridge, and Cointelegraph. The Tieâs corporate 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 hosted in 2023 with The New York Stock Exchange.
About Polkadot
Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the worldâs most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just a participant, they are a co-creator with the power to shape its future.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.