11 On-Chain Analytics Tools You Need To Know

July 21, 2023

Know everything happening on CHAINS.

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Ever wondered what's happening inside a blockchain? With On-Chain Analytics, it's like having a map to a treasure chest.

Here is the chain analytics landscape:

How it works:

The tool operates by examining and interpreting vast amounts of data generated on blockchain networks.

They provide insights into these data by tracking, analyzing, and visualizing various on-chain activities.

1. Data Tracking

The first step involves monitoring 
and gathering data from the blockchain network. 

This data includes transaction details 
such as sender, receiver, date, time, amount, and transaction fee, along with other details like smart contract interactions and token transfers.

2. Data Analysis

Next, the platform applies various analytical techniques to this data, sorting and sifting through the raw information to identify meaningful patterns and trends.

It may use machine learning algorithms 
and statistical models to do this.

3. Insight Generation

Based on the analysis, the platform generates insights about the blockchain network's behavior, such as transaction patterns, 
the most active periods, major holders of a particular cryptocurrency, and patterns of smart contract usage.

4. Visualization

Finally, to make the data easy to understand, these insights are often presented visually.

Users can see charts, graphs, or maps that display trends and patterns in a user-friendly format.

Chain Analytics Products you should know on Smoothie:

1. Arkham (@ArkhamIntel)

Arkham is an intelligence platform that provides information on the real-world entities and individuals behind crypto market activity.

2. Nansen (@nansen_ai)

Blockchain data and research trusted by the world’s leading crypto teams and investors. By focusing on deciphering blockchain data, it helps investors and crypto teams make informed decisions. Trusted by leading crypto experts globally, Nansen offers analytical tools that can track wallet activities and uncover investment strategies, contributing to effective portfolio management.

3. Dune Analytics (@DuneAnalytics)

It’s a Crypto's Community Data Platform. The platform allows users to create, share, and explore dynamic dashboards and analytics, making it a hub for community-driven insights, fostering collaboration, and promoting transparency in the blockchain industry.

4. 0xScope (@ScopeProtocol)

0xScope is the first Web3 knowledge graph protocol. It solves the problem that Web3-data analyzes addresses instead of real users by establishing a new identity standard — the new Scope Entity from the data layer.

5. Footprint Analytics (@Footprint_Data)

Footprint Analytics provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data. They currently collects, parses and cleans data from 20 chains into structured and semantic tables.

6. Apelytics (@apelytics)

Apelytics is your comprehensive analytics platform for Web3. It provides unique insights into decentralized applications (dApps) by aggregating blockchain data and combining it with trusted off-chain sources.

7. HackerBoard (@QuillAudits)

HackerBoard: Your Ultimate Source for Web3 Hack Info & Analysis. Stay ahead of the game with real-time statistics, recent news, in-depth analysis, & a comprehensive database of all web3 hacks since 2020.

8. Dapplooker (@dapplooker)

Get free blockchain analytics for Smart Contract, Subgraph, Defi, NFT, and Gaming dApps. Analyze and query on-chain and off-chain data from Ethereum, TheGraph, Celo, Polkadot, NEAR, and Bitcoin with our no-code dashboard.

9. Tokenguard (@Tokenguard_io)

On-chain analytical platform for Substrate & EVM networks. It provides real-time monitoring and analysis of transactions and activities within these networks, enabling users to track token movements, assess market trends, and gauge project health.

10. Thirdwave (@thirdwavelabs)

The unified growth platform for blockchain gaming developers, enthusiasts, and investors. Their tools currently allow users to keep a pulse on the market, benchmark across peers & competitors, access unique wallet intelligence and much more. With a number of other data tools in development, Thirdwave aims to serve the best in blockchain gaming with everything they need to grow.

11. Cookie3 (@cookie3_co)

Cookie3 provides valuable insights into your Web3 marketing funnel, including impressions, click-through rate, conversion rate, average order value, revenue or even churn rate.


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