Invest in Dune Analytics

Dune is advancing data literacy across the crypto marketplace, opening access to insights that are otherwise only made public on a quarterly basis in legacy finance.

Dune and the Dune community are not just focused on trading and token price data. While these are surely important areas, the beauty of Dune is the ability to go far, wide, and deep. Curious about functional elements like gas costs? Wondering how much Uniswap volume has migrated from v2 to v3, or how much ETH has been burned as a result of EIP-1559, or what the breakdown of the Mirror community looks like? Answers to each of these questions, and many, many more, are being developed by the Dune community every day.

Dune's platform currently supports data queries for several blockchains: Ethereum, Solana, Polygon, Optimism, Binance Smart Chain, and xDAI, with plans to incorporate all Layer-1 and Layer-2 smart contract platforms.

Dune makes on-chain crypto data accessible and consumable through its community-powered platform. The Company provides state-of-the-art tools that allow data to be extracted, queried, dissected, and visualized in the form of real-time dashboards.

Dune users can study how people interact with top DEXs or lending protocols and build better versions. Users can evaluate the traction of new networks themselves and decide whether to invest money or resources in them. Users can get into the details of how entire crypto ecosystems function and allow users to decide on projects based on their value and utility.

The basic building blocks of Dune are: (1) Dashboards: A set of widgets containing Visualizations and text that tell a story about a particular group of blockchain data; (2) Visualizations: Charts and Graphs that turn data in harder-to-understand table form into easier-to-understand visual form; and (3) Queries: Commands that extract data from Dune's database so it can be displayed in Dune Dashboards via Tables and Visualizations.

Dune supplies data for all emerging use cases and users, andthey are rapidly expanding their scope and offerings. The Company offers Dune API, which creates a living, breathing, and performant API machine for the community and opens up a whole new world of use cases.

Dune API allows third-party developers to incorporate Dune’s tool stack into their own apps and query against its data, tools, and engine with their own creations. As a result, it empowers even more analysts to do research, trade, and develop.

Dune benefits from a self-reinforcing network effect built on community engagement: 1) the community creates queries; 2) from there, there is a rich library of queries to fork; 3) the community gets larger through attention from sharing embedded graphs; and 4) new users discover Dune.

Dune rewards community members for their participation, meaning creators of projects built within the platform that add value will be paid accordingly for their queries, templates, dashboards, education, and other open data.

Dune Analytics is a B2B2C SaaS platform that provides multiple subscription options for accounts and an API add-on option.

Account options include a Free Plan ($0/month), Thug Life Plan ($420/month), and Elite Plan ($1,337/month).

Dune’s premium plans allow users to skip the query queue and run parallel queries, meaning that analytics can be processed faster than they are for non-paid users, keep dashboards and queries private, and export data to comma-separated values (CSV) files.

API options include a Free Plan ($0/month), Starter Pack Plan ($101/month), Fix IT Plan ($404/month), and Elite Plan ($1,337/month).

Dune’s premium API plans offer different amounts of data points, number of API executions, and execution speed.

According to Sifted’s “Europe's’ Fastest Growing Tech Companies in 2022,” Dune has grown its headcount by 280% in 2022, from 16 employees in January 2022 to 57 by the end of 2022.

By the Fall of 2022, Dune was executing over 10 million SQL queries per month.

While crypto markets and products were down 70-90% in 2022, Dune continued seeing all-time high levels of query and dashboard creation.

In February 2022, Dune announced that Solana data is now on Dune. Solana has exploded onto the crypto scene since launching in early 2020. The high-speed, high-throughput, proof-of-stake chain is known for its lightning-fast transactions, scalability & low fees. The Solana DeFi, NFT & Metaverse ecosystem has been growing rapidly since launch - attracting both users and developers in droves. Dune believes that the future is multi-chain. It also believes that a multi-chain future needs powerful multi-chain analytics to thrive. It’s their mission to make crypto data accessible and transparent and to empower anybody to become a skilled on-chain analyst.

In May 2022, Dune announced the launch of the Dune Engine V2. Dune Engine V2 is a complete overhaul of their entire data architecture, a huge upgrade in performance, and represents a paradigm shift in crypto data. “While maybe not obvious to the casual observer it's hard to overstate how much of a game changer this is for blockchain data. The new engine will enable a whole new world of speed, convenient cross-chain queries, community contribution of data, flexible and performant APIs, and more,” said Dune CEO and Co-Founder Fredrik Haga.

In July 2022, Dune announced Dune Teams. A Team is a shared workspace, with its own profile and content, where users can work with each other under a single shared identity. Users who work on multiple projects will have organized, separate workspaces for each one. They’ll also keep personal work separate while being able to easily access team queries & dashboards. Now there are no limits on how users can work together on queries and dashboards, opening up a new era of collaboration and productivity on Dune.

In July 2022, Dune announced Spellbook, a new shared foundation for crypto analytics. Spellbook brings all the best practices of analytics engineering from the web2 world, for the public-by-default data of web3. With Spellbook, Dune is bringing the collaborative model of open-source software, to data science and analytics, made possible by the public-by-default data in web3.

In March 2023, Dune announced that Dune SQL will be used as the default querying experience on Dune. Dune SQL is a query engine and SQL flavor tailored to the query experience on Dune. After having launched it in Alpha in December, it quickly became the most popular option for querying on Dune, and the Company’s incredibly proud to promote Dune SQL as the default querying experience on Dune.

In April 2023, Dune ranked #4 in the data sector on Fortune's Crypto 40 list. The inaugural edition of the Fortune Crypto 40, a first-of-its-kind list that draws upon extensive research to recognize the best companies and organizations in the industry.

In August 2023, Dune announced the launch of three LLM-powered products: Create Wand, Edit Wand, and Debug. At Dune, they are committed to unleashing the full power of Language Model-based Learning (LLM) to make crypto data accessible to all. Dune's goal is to empower their users to delve into what matters most, abstracting away the tedious aspects of their work.