what's token terminal?
Token Terminal is a comprehensive analytics platform designed to evaluate blockchain networks and decentralized applications (dApps) using standardized financial metrics. It aggregates on-chain data to provide insights into key performance indicators such as fees, revenue, active users, and token incentives, enabling comparisons across projects similar to traditional financial analysis. The platform supports over 100 blockchains and thousands of protocols, offering tools for investors, analysts, and teams to assess fundamentals beyond hype. At its core, Token Terminal processes raw blockchain data—including transactions, logs, and smart contract events—into actionable metrics. Users can explore dashboards for revenue generation, vesting schedules, and developer activity, with recent expansions including SQL access to a vast data warehouse for custom queries. This allows for granular breakdowns, such as segmenting trading volume by asset or analyzing loan activity by collateral type, fostering deeper on-chain research. The platform emphasizes transparency and comparability in the crypto space, covering ecosystems from Ethereum and Solana to emerging chains like Plasma. By standardizing alternative data alongside financials, Token Terminal helps demystify protocol economics and supports informed decision-making in decentralized finance and beyond.
Token Terminal integrated onchain data into Nansen, including its AI agentic app.
Links
x.com/tokenterminalIntegrated onchain data into Nansen, including Nansen AI agentic app for portfolio trading and management.
Ethereum deployed 8.7 million new smart contracts in Q4 2025, marking a record quarter according to Token Terminal data.
Partnership with Google Cloud Web3 announced, with the first release of major upgrades to the Solana Community dataset on BigQuery following one year of collaboration to improve scalability and usability of Solana's public data.
Token Terminal reports annual stablecoin transfer volume surpasses $50 trillion based on 365-day volume data.
The platform expands its research team with one new analyst hired one month ago and actively seeks 2-3 additional research analysts, with applicants required to build dashboards in Studio platform.
Token Terminal's onchain dataset integrates into Flipside AI, the new research platform developed by Flipside Crypto.
Binance integrates Token Terminal as data partner, allowing users to explore protocol fundamentals like fees and revenue directly on Binance accounts.
Platform releases a new real-world assets dashboard to track RWA adoption in crypto.
Data partnership launches with EigenCloud for standardized metrics on verifiable cloud infrastructure.
Platform announces Celo as the #2 chain based on monthly stablecoin transfer count metric.
Token Terminal launches a data analytics board dedicated to the Avalanche ecosystem.
New integration with SEI blockchain launches, adding real-time on-chain analytics including daily active wallets, transaction counts, gas fees, and developer activity to the platform's dashboard.
GLC Research leverages the platform to produce quarterly reports on Maple Finance, showing adoption by research firms for in-depth analysis.
New data partnership launches with Linea, a Consensys-backed Ethereum L2 with over $2.3 billion in TVL, for stakeholder reporting.
New data partnership with Marinade Finance launches, a Solana liquid staking project with over $2 billion in assets staked.
Integration with CoinGecko expands to include Celo blockchain onchain financials.
Product suite expands to give teams full access to data warehouse with custom SQL query support for onchain analytics.
New dashboard launches with reported $80 million revenue run-rate.
Data integration now live on Bloomberg Terminal, reaching 350,000 institutional investors.
Trading volume on Binance exceeds major DEXs, signaling shift in market activity patterns.
Fee and revenue data integration goes live on CoinGecko, expanding accessibility of fundamental onchain metrics.
Data integration partnership with Binance will expose metrics to millions of new users in coming months.
New fundamental index launches through collaboration between Reserve Protocol, Re7 Labs, MarketVector, and Token Terminal.