The Tie Unveils Polkadot Ecosystem Dashboard for Institutions

Boston, Massachusetts, September 12th, 2024, Chainwire

New Dashboard Offers Institutional Clients Comprehensive Insights into the Polkadot Ecosystem

The Tie, a premier source of market data, news, and analytics for digital assets, has launched the Polkadot Ecosystem Dashboard, granting institutional clients access to a thorough suite of analytics for Polkadot-centric assets.

The Polkadot Ecosystem Dashboard provides an in-depth exploration of critical metrics and insights, allowing users to grasp essential aspects of the network’s performance and utilization. By utilizing Polkadot blockchain data through The Tie Terminal, investors and traders can make well-informed choices, deepen their understanding of assets and initiatives within the ecosystem, and acquire invaluable insights into one of the most vibrant ecosystems in the digital asset industry.

“We are thrilled to introduce the Polkadot Ecosystem Dashboard, equipping our institutional clients with robust tools to analyze and comprehend the swiftly evolving Polkadot ecosystem,” stated Joshua Frank, Co-Founder & CEO of The Tie. “This enhancement to The Tie Terminal underscores our dedication to providing comprehensive insights that facilitate informed decision-making in institutional cryptocurrency.”

The dashboard encompasses account and native token metrics, enabling users to monitor the ecosystem’s growth by tracking new, active, and total account metrics over time for each parachain. This functionality provides a transparent perspective on user adoption and engagement, while detailed data regarding the total, staked, and circulating supply of parachain tokens illustrates community growth and interest. Furthermore, insights on the number of native token holders and price trends across the ecosystem lend additional context for evaluating network performance.

Users can also review an overview of transaction metrics, including the volume of native tokens transferred within parachains over time. Transactions are categorized into signed and unsigned types, offering insights into network activity and user behavior. The dashboard monitors transaction fees in both native tokens and USD and displays transaction counts for parachains compatible with Ethereum Virtual Machine (EVM), such as Moonbeam and Astar. Additionally, the dashboard tracks Cross-Consensus Messaging (XCM) transactions, delivering a comprehensive understanding of cross-chain interactions and interoperability within the Polkadot network.

The Total Value Locked (TVL) metrics provide an extensive analysis of the locked value across parachains, refreshed every 12 hours. This includes categories such as staking, governance tokens, and liquid staking. A treemap component visually illustrates the latest TVL metrics, offering a high-level view of the ecosystem’s value and activity.

The dashboard further showcases the latest XCM activity metrics, including information on XCM transfers, messages, open channels, and connected parachains, yielding a detailed overview of Polkadot’s cross-chain messaging dynamics. The screener function allows users to track ecosystem coins and events, empowering them to customize the dashboard based on specific coins, watchlists, or sectors. This feature ensures that institutional clients stay informed about significant events within the Polkadot ecosystem, helping them anticipate major developments.

The Polkadot Ecosystem Dashboard is designed to provide users with a comprehensive view of the network’s performance, facilitating the tracking of developments, analysis of trends, and exploration of diverse projects within the Polkadot ecosystem. With this addition, The Tie Terminal remains a vital resource for institutional clients seeking extensive and actionable data in the digital asset landscape.

The Polkadot Ecosystem Dashboard is now accessible under the “Presets” section in the Dashboard Selection screen on The Tie Terminal. For additional information, readers can visit The Tie’s website.

About The Tie

The Tie is the foremost provider of information services for digital assets, functioning across three primary verticals: Institutional, Data Redistribution, and Corporate Access. On the Institutional front, The Tie’s core offering – The Tie Terminal is recognized as the fastest and most comprehensive workstation for institutional digital asset investors. The Tie serves a diverse clientele that includes numerous leading traditional and crypto-native hedge funds, VCs, market makers, asset managers, banks, and other institutional market players.

The Tie’s Redistribution division syndicates data feeds to numerous top platforms including FalconX, BitMEX, Real Vision, Broadridge, and Cointelegraph. The Tie’s corporate access segment facilitates direct connections between institutions and token issuers through a range of industry-leading conferences and events – featuring our flagship event, The Bridge hosted in 2023 with The New York Stock Exchange.

About Polkadot

Polkadot serves as the powerful, secure foundation of Web3, providing a shared infrastructure that integrates some of the world’s most transformative apps and blockchains. Polkadot features advanced modular architecture that enables developers to efficiently design and construct their own specialized blockchain projects, shared security mechanisms that guarantee consistent, high standards for secure block production across all connected chains and applications, and a robust governance framework that ensures a transparent system where all participants have a voice in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not merely participants; they take on the role of co-creators with the capacity to influence its future.