In a move making waves in the crypto world, 21.co has unleashed its highly-anticipated upgraded Stablecoin Dashboard on DuneAnalytics. Notably, on-chain research analyst Tom Wan took to Twitter to share his excitement about this release, emphasizing that it provided crypto enthusiasts and investors with unmatched insights into the ever-dynamic Ethereum-based stablecoin ecosystem. The comprehensive tool is poised to usher in a new era in our understanding and navigation of the continually evolving digital currency landscape.
The Enhanced 21.co Stablecoin Dashboard offers a wealth of information about 25 popular stablecoins, such as PYUSD, FDUSD, GHO, crvUSD, sDAI, eUSD, BOB, and R. Users no longer have to visit multiple platforms to obtain this data, as it is now readily available in one place.
Encompassing critical data points, including Circulating Supply, Market Cap, Peg Deviation, Standard Deviation, and Price Low for each stablecoin, users could access a wealth of information critical for making informed decisions in the dynamic cryptocurrency landscape.
The dashboard also delves into critical Stablecoin Supply and Market Cap analyses, providing current snapshots and historical trends. Market Dominance and Historical Price Deviation are presented in an easily digestible format, allowing users to track the evolution of these stablecoins over time.
Categorizing stablecoins by type (Peg/Mechanism), the dashboard unveils insights into the approaches adopted in this ever-evolving space. Moreover, it dissects dominance by peg, offering a nuanced view of EURO versus USD-pegged stablecoins. Additionally, it breaks down dominance by type, distinguishing between Fiat Collateralised, Anchored, and Reflexive stablecoins.
The dashboard offers a deep dive into Stablecoin Transaction Volume and Active Addresses in transactions and user activity. These metrics shed light on the vibrancy and liquidity of each stablecoin, offering crucial data points for traders and investors alike.
In the ever-shifting landscape of cryptocurrency, having access to such comprehensive and meticulously curated data is a game-changer. The Enhanced 21.co Stablecoin Dashboard on DuneAnalytics promises to be an indispensable resource for crypto enthusiasts, traders, and investors looking to make informed decisions in this volatile market.
