by Reza Ali
OKX, the leading cryptocurrency exchange, has officially launched its presence in Dune Analytics, the world’s most recognized platform for on-chain blockchain intelligence. This development offers users unrivaled access to live data from OKX’s decentralized exchange (DEX) aggregator, including daily transaction volumes and cross-chain swap activity.
OKX’s new Dune dashboard consolidates our activity from over major blockchain networks, including Solana, Ethereum, Base, BNB Chain, Arbitrum, Optimism, Avalanche-C, Polygon, Linea, Blast, and all other respective blockchains. OKX announced it would support more networks like TRON, OKC, Sui, and Ton shortly.
You can now view live data on our DEX aggregator via @Dune!
Gain insights into network transaction activity on individual chains, cross-chain swaps, and more.
Check it out: https://t.co/Qrn63KexTu pic.twitter.com/m8u695nJhH
— OKX Wallet (@wallet) December 18, 2024
‘We have a bridge aggregator for all major moveable cross chains and 20+ networks.’ Welcome to OKX. We are here to ensure you get the best prices and fulfill all your bridging needs,” OKX stated in the newly launched Dune dashboard.
On December 18, Solana became a leader in OKX’s platform regarding transaction metrics. The blockchain provides an astonishing 73.5% of trading volume, and active users confirmed 93.3%. According to the latest data available on Dune, the Solana blockchain has over $10 billion in total transaction volume, around 45 million transactions, and just over 9.2 million unique transaction addresses.
- Every day, we see robust Activity.
- The DEX dashboard has revealed significant daily activity, including:
- Transaction volume: $292 million
- Cross-chain swaps: Over 1.1 million
- Transaction addresses: 382,036
Besides that, the dashboard provides advanced filtering options to help users who want to check the data analysis concerning the blockchain type, time frame, or time zone preference (UTC or UTC + 8). This versatility allows users on each end of the spectrum (developer, data analyst, or investor wanting actionable insights) to avail themselves of it.
Token Market Domination of Solana
As traded in the past 24 hours, PENGU, the Solana native token of the Pudgy Penguins NFT collection, is now topping OKX’s most traded list. Launching just a day ago, PENGU has seen a trading volume of $1.09 million and a market cap of more than $2 billion due to the strength of Solana’s ecosystem.
Faced with this challenge, Dune Analytics has firmly cemented its reputation as the go-to platform for blockchain data analysis. Making public blockchains accessible to query, extract, and visualize gives users actionable insight to help traders and analysts.
Recently, Dune’s reach has been further expanded. Stellar integrated with Dune in time for November, providing analytics for its blockchain ecosystem. Earlier this year, Dune partnered with Worldcoin, the world’s first distributed identity blockchain, to provide it with real-time data for the blockchain, World chain. Dune said in September that it would integrate with them, supporting more than 50 parachains in the Polkadot ecosystem.
Another milestone in the platform’s mission to democratize blockchain data will be the addition of OKX to Dune. This collaboration aims to improve the transparency and usability of DeFi tools while cementing that both platforms are leaders in the crypto space.
#blockchain #crypto, #decentralized, #distributed, #ledger