Artemis

Welcome Arjun Yenamandra to Artemis! Arjun joins Artemis as a Research & Data analyst intern to help out with fundamental research, product, and serving our liquid token customers. He was previously the Fund Manager at Texas Blockchain Club as part of Dorm DAO. Fun Fact: Arj has been in crypto since he was 14! Please join us in welcoming Arjun.

Our June Ship Log is here! 🚢 Wrapping up our second quarter for the year, we bring some exciting updates and enhancements to our product. Read more here: https://lnkd.in/gfjDCa5Q

Meet our Analyst of the Month for June 2024: Evan Fisher ☀️ Evan is the Founder and GP at Portal Ventures We love Evan's article on "Protocols: The Next Business Model" and his mental model: "Software ate the world, protocols are up next." Learn about Evan's journey from Goldman Sachs and Insight Partners to building one of the best early stage funds in Portal Read the full interview below👇

TRON is the #1 chain in P2P Transfer Activity P2P Transfers = wallet-to-wallet stablecoin transfers in USD Here's a deep dive into TRON DAO metrics by Andrew Van Aken 👇 1️⃣ Active Addresses TRON has the most active addresses with 2.1mn DAA per day (7 day avg) and activity has been increasing since the start of 2024. While other high-performance chains have launched, TRON has maintained its market share and continues to drive usage. 2️⃣ Stablecoins Part of the TRON's success is stablecoin activity TRON has seen consistent growth in all stablecoin metrics and recently hit an all-time high in circulating supply at $60bn. Addresses using stablecoins on TRON is ~ATH and above BSC, the second highest chain. 3️⃣ P2P Transfers TRON leads in P2P transfers. We classify P2P transfers as transfers going from an EOA to EOA. TRON consistently has 2-3x as much P2P transfer volume as Ethereum, indicating TRON is facilitating more payments and money transfers, compared to DeFi activity.  4️⃣ Average Transaction Fee TRON has consistently maintained low average transaction fees while sustaining significant activity. The average transaction cost on TRON is 90% lower than Bitcoin and over 80% lower than Ethereum. 5️⃣ BONUS: Top App on TRON Not surprisingly, given the large amount of stablecoin and P2P transfers, the #1 application on TRON is... Tether.io Tether makes up 95% of the active addresses among top 10 dapps. Thank you H.E. Justin Sun David Uhryniak Yeweon Park for working with us 🙏🏼

We've just added a new Projects page to make finding the protocols and projects currently supported on our Terminal easier. 🎉 You can now explore all covered chains and sectors, like perpetuals, bridges, DEXs, liquid staking, and dePIN in one place. You can also now filter by verified projects on our Projects Page, ensuring that the data has been reviewed and verified by both the project team and our team. ✅ Data quality is paramount to us, so if you're a project looking to get verified, please reach out! Check out the new Projects page yourself here: app.artemis.xyz/projects

Congrats to the Analyst of the Month: Evan F. Evan is a Partner & Director of Research at CoinFund, one of the world's first cryptonative investment firms. Read on to learn about: 1️⃣ Evan's story from Citadel and Point72 to CoinFund 2️⃣ What most equity investors get wrong in crypto 3️⃣ What he thinks about web3 gaming

Introducing: @SeiNetwork Projects Page 🔴 Get the key metrics that matter on Sei 👀 - Daily Active Address - Daily Transactions - Average TPS - Average Block Time - And more Check it out 👇

Sui Foundation Application Activity is live on Artemis! Key narratives: 1. Why did Sui transactions go up 10x M/M in May? 🤯 2. What apps drive usage? 🚘 3. And more! ➕ Let's dive deep into Sui with Artemis? 🧵👇 (1/n) 2/n What is Sui? 💧 Sui is a PoS L1 blockchain that implements a novel object data model, zkLogin, and secure smart contracts written in Move on Sui. In one year, Sui has clocked ~3.7B transactions submitted by ~14M total active accounts with ~$710M in TVL at the moment. 3/n SUI Tokenomics 💧 SUI has 5 use cases: 1. Native asset on Sui 🪙 2. Paying for Gas Fees ⛽ 3. Paying for Storage 🪣 4. Staking 📈 5. On-Chain Governance 🏛️ SUI has a total supply of 10,000,000,000. Only ~24% is currently in circulation. By 2030, that figure will be ~48%. 4/n Now, what are users doing on Sui, anyway? 🧑💻 We can use the newly launched Sui Activity Monitor to explore the most popular apps by gas spent from the last 24h. ⏱️ @wormhole @WaveOnSui @SPAM_SUI @DeepBookonSui @navi_protocol @MineralSupply 5/n The month of May saw meteoric growth in Sui transactions due to a dApp called Spam Sui, effectively a community-driven stress-test, users spam Sui txns to mint $SPAM tokens. ☄️ Transactions were up 5-25x compared to April peaking at 37.5M, 96% of which were from Spam Sui. 6/n Wave Wallet has also seen viral adoption since the start of May, recording >1.25M active addresses in late May, up from 7k on May 1st! 🌊 Wave Wallet is a Telegram-based Sui wallet with its own Sui-native token, $OCEAN, that users mine by playing the Ocean Game in Telegram. 7/n Zooming out, the Sui ecosystem is witnessing a massive inflow of liquidity. 🫗 We can use Ecosystem Flows on Artemis to see that, on @Wormhole, assets being bridged from Ethereum are going to Sui more than any other chain. $1.17 billion year-to-date 👀 8/n Head on over to Sui Application Activity on Artemis to get a closer look for yourself 🔍 (link in our bio!) And for a deeper dive on Sui and what is fundamentally motivating activity on-chain, check out our latest research post on our research page.

We are thrilled to welcome Alex Kan to Artemis as a Software Engineer. Alex was previously a Data Engineer at Messari where he scaled the Data Platform and ingested a variety of onchain data for its users. Prior to Messari, he fought spam and fake accounts on the Integrity team at Meta. Please join us in welcoming Alex to Artemis! 🎉

The latest Ship Log is here! 🚀 Coming back to you again with a fresh new list of product changes for the month of May. Brand new Home Page, a new LRT Sectors Dashboard, PYUSD supported on Solana, and more! Read more here: https://lnkd.in/g2JC8XMR