On-Chain Analysis
Using a blockchain's own public data to research assets and protocols directly — reading a block explorer, interpreting wallet and exchange flow data, and knowing what on-chain analysis can and can't actually reveal.
8 guides in this category, ordered from beginner to advanced.
On-Chain Analysis guides
Introduction to On-Chain Analysis
What on-chain analysis is, why it's possible, and what kinds of questions it can help answer.
5 min read · 13 related concepts
Reading Whale Wallet Movements
What tracking large wallet activity can and can't reasonably tell you.
5 min read · 4 related concepts
Understanding Exchange Flow Metrics
How net inflows and outflows to exchange addresses are tracked, and their real limitations.
5 min read · 5 related concepts
Understanding Real-World Asset (RWA) Tokenization
How off-chain assets get represented on-chain, and the trust question this depends on.
5 min read · 8 related concepts
Privacy Coins Explained
How privacy-focused cryptocurrencies like Monero and Zcash actually obscure transaction details, and the regulatory pressure they face as a result.
7 min read · 10 related concepts
What Is Proof of Reserves?
How a Merkle-tree proof of reserves actually works, what it genuinely demonstrates, and the real limitations it doesn't resolve.
7 min read · 5 related concepts
Using On-Chain Data to Research a Protocol
Practical on-chain questions worth asking when researching a DeFi protocol's real activity.
6 min read · 4 related concepts
Decentralized Physical Infrastructure Networks (DePIN) Explained
How some crypto networks coordinate real-world physical infrastructure using token incentives.
5 min read · 3 related concepts
Key terms in this category
HODL Wave
Read the HODL Wave glossary definition
Entity Clustering
Read the Entity Clustering glossary definition
Exchange Netflow
Read the Exchange Netflow glossary definition
Real-World Asset (RWA)
Read the Real-World Asset (RWA) glossary definition
Ring Signature
Read the Ring Signature glossary definition
Stealth Address
Read the Stealth Address glossary definition
Anonymity Set
Read the Anonymity Set glossary definition
CoinJoin
Read the CoinJoin glossary definition
Confidential Transaction
Read the Confidential Transaction glossary definition
View Key
Read the View Key glossary definition
Proof of Reserves
Read the Proof of Reserves glossary definition
DePIN
Read the DePIN glossary definition