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Dune expands onchain data coverage to all Polkadot parachains

Published 09/11/2024, 06:27 AM
Updated 09/11/2024, 09:00 AM
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Investing.com - Blockchain data analytics platform Dune has integrated over 50 parachains from the Polkadot ecosystem. The integration provides real-time insights and analytics for developers, investors, and data enthusiasts.

Following its initial support for Polkadot, Kusama, and six parachains earlier this year, Dune has expanded its coverage to include the entire Polkadot ecosystem. This addition allows users to analyze all onchain activities across Polkadot in real time, making it easier to access critical data and supporting data-driven decision-making.

Among the newly supported parachains are Moonbeam, a smart contract and cross-chain DeFi hub; Acala, known for decentralized finance; Phala, focusing on privacy-first DePIN and AI solutions; and Mythos, which supports decentralized gaming. 

Dune users can now track transaction flows, DeFi activity, gaming developments, and NFTs on a single platform.

Dune CEO Fredrik Haga said: “Polkadot and its Substrate-based chains form a vast and complex ecosystem. With this integration of 50+ parachains, our goal is to make that complexity easier to navigate. We want to give people a clear, accessible view of what’s happening across the network, so they can focus on innovation and building with confidence.”  

The integration was developed in collaboration with Colorful Notion and includes improved features via the Dune API, enabling users to convert queries into flexible API endpoints for smoother integration into their applications.

Although blockchain data is inherently on-chain and transparent, it can be challenging to interpret or analyze. The complexity and fragmentation of this data often pose obstacles for businesses and researchers looking to harness it for insights, innovation, or competitive advantage.

Dune is structured to allow community members to use its abstraction layer, Spellbook, to analyze raw blockchain data, which would otherwise be a complex and time-consuming task. This approach makes it easier for data scientists, analytics professionals, and businesses to access a wide range of blockchain data across different protocols and solutions, including Polkadot, Arbitrum, Base, Bitcoin, Ethereum, Optimism, Solana, and more.

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