• 15 June, 2024
News

Top 10 Smart Contracts Used by the Top 5000 Biggest Ethereum Whales

Ethereum whales are a group of individuals who own significant amounts of ether (ETH). In order to monitor their activity, Whalestats has identified the top 10 most used smart contracts amongst the top 5000 biggest Ethereum whales.These smart contracts offer the whales access to financial services, liquidity and trading opportunities.

Whalestats analysis of the top 100 ETH wallets

The list of the most used smart contracts includes USDT, USDC, ETH (Ether), WETH (Wrapped Ether), NMR (@numerai), SHIB (@Shibtoken), CHZ (@chiliz), PERP (@perpprotocol), BUSD and FORT (@FortaNetwork).

USDT (Tether) is the most used smart contract amongst the top 5000 biggest Ethereum whales. It is a stablecoin that allows users to transfer, store and trade fiat currencies such as USD, EUR, GBP and JPY on the blockchain. USDC (USD Coin) is the second most popular smart contract as it is also a stablecoin, but it is mostly used for financial services and payments.

Ether (ETH), Wrapped Ether (WETH) and FORT are used by Ethereum whales to gain access to liquidity, trading opportunities and other financial services. WETH is a tokenized version of ether that is used for trading purposes. NMR (@numerai) is a prediction market platform where users can stake their tokens to earn rewards.

SHIB (@Shibtoken) is an experimental decentralized cryptocurrency built on the Ethereum blockchain and CHZ (@chiliz) is a sports and entertainment platform that uses digital currency for fan engagement.

PERP (@perpprotocol) is a decentralized finance protocol that enables users to lend, borrow and trade digital assets on the blockchain. BUSD (Binance USD) is an ERC20 stablecoin backed 1:1 with US Dollars. Lastly, FORT (@FortaNetwork) is a trading platform that enables users to access liquidity and trade digital assets.

Whalestats provides the most up-to-date information on the top 10 smart contracts used by the top 5000 biggest Ethereum whales, helping its users stay on top of their investments and transactions.

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