Six weeks ago, I made one of the biggest decisions of my Web3 journey. I enrolled with @AnalyticSages to become a blockchain data analyst and researcher. This isn’t one of those posts filled with glow-ups and shiny highlights. I won’t sugarcoat it. This has been the hardest thing I’ve done since leaving university in 2014. I thought English would be the only language I’d ever worry about in terms of syntax and etymology. Little did I know SQL had other plans for me — plans that almost drove me crazy 😂. But somewhere along the way, through resilience and determination, I started falling in love with the process. What felt impossible at the beginning slowly became clearer. I found myself querying blockchain databases, extracting insights, and even building dashboards. It’s been an intense but rewarding journey, and I’m grateful for the lessons along the way. Today, I reached an important milestone. For my capstone project, I published my first on-chain research report on Medium titled: “Balancer Analytics Report: Insights into On-Chain User Behavior.” In the report, I analyzed user behavior and pool preferences within @Balancer, focusing on how users interact with its multi-token liquidity pools with customizable weights. Big thanks to Analytic Sage for creating an environment with exceptional teachers who make complex things easier to understand. And if you made it this far, here’s something I want you to remember: Fear will stop you faster than failure ever will. Start the journey. Figure things out along the way. Link to the Medium Report: medium.com/@realdandy4life/b… Link to my Dune Dashboard: dune.com/cryptopanda01/balan… Data tribe: @AnalyticSages Data platform: @Dune Report Platform: @Medium

Last week broke and rebuilt me in ways I never expected. I joined a fitness/cardio challenge that celebrates every World Cup goal scored with either a run, walk, or bike ride. At first, it seemed simple: 1 goal = 1 km. Then boom, my health gave way after day 1 challenge. Thankfully, I’m feeling much better now and back to the grind. Goooodddd morning, my neighbors!! 😁 What’s the alpha for the week?

Maple is live on @tempo, bringing institutional yield opportunities to fintechs building on their network. Fintechs building payments and payouts on Tempo hold stablecoin balances that earn nothing while they sit. Maple puts that idle float to work.

Bitcoin’s Fear & Greed Index is sitting at 9%. That’s a market worth over $2T gripped by extreme fear. Nobody seems quite sure where the market goes from here. Yet beneath the uncertainty, capital continues to move. ──•❉᯽❉•── Last week, I dug into @maplefinance $SYRUP’s on-chain data to understand how traders were behaving during this period of fear. What surprised me was that buyers remained more active than sellers despite a 17% drawdown in price. Today, I ran same query to answer a simple question: When fear takes over the market, do $SYRUP traders leave, hold, or keep buying? The answer was more interesting than I expected 👇 ──•❉᯽❉•── A week ago: • 170 unique traders • 3,547 transactions • $894.6K bought • $429K sold This week: • 336 trader appearances across 7 days • 3,404 transactions • $1.01M bought • $658K sold One thing stands out immediately: Trading activity tells the same story - more traders than sellers. Buy volume increased by over $115K, crossing the $1M mark. Sell volume also rose, suggesting more traders were active on both sides of the market. Yet buyers continued to absorb the pressure. A few observations stand out: • June 4 recorded the week’s highest activity with 62 traders and 971 transactions. • June 6 saw $158K in buy volume versus $77K in sell volume. • June 9 recorded over $50K in buys and less than $3K in sells. The recent data suggests: 1.Capital is still flowing into $SYRUP despite market fear. 2.Trading activity remains resilient notwithstanding current general market fear and greed index sitting at 9% 3.Buyers continue to show up even as volatility increases. Price chart tells one story, but trader behavior is actually where the alpha is. Which do you pay more attention to when evaluating a token: PRICE ACTION or ON-CHAIN ACTIVITY? Check QT tweet for Dune Dashboard link

𝐏𝐋𝐀𝐒𝐌𝐀 𝐞𝐟𝐟𝐞𝐜𝐭 𝐨𝐧 𝐀𝐀𝐕𝐄📊 I was going through @aave borrowing data on @Dune this morning across every EVM chain and I genuinely was not expecting to find anything surprising. @ethereum doing $4 billion in borrows. Okay, normal. @base with $573 million and actually more unique borrowers than @ethereum . Makes sense, the chain is growing. @arbitrum at $117 million. All of that tracks. Then I got to @Plasma and I had to stop. 168 wallets. $308 million borrowed. Average borrow size of $254,000 per wallet. @arbitrum has 6,358 borrowers and still could not match what 168 wallets did on @Plasma . Not even close. @Plasma nearly tripled @arbitrum total borrow volume with a fraction of the users. That is not retail money. When the average person borrowing on a chain is moving $254K per transaction you already know what kind of crowd that is. Institutions. Large position managers. People who know exactly what they are doing and chose @Plasma deliberately for it. What really got me is that @Plasma holds 5.89% of ALL @aave borrowing across 12 chains. From 168 wallets. Meanwhile @Optimism , @Polygon @Avalanche each have thousands more borrowers and are nowhere near that number. CT is not talking about @Plasma yet. But the money has been there for a while now. I see it always moves before the noise starts. Let me know what you think about this, and also what you will like to see next. dune.com/queries/7569546/115… The link to the query above.📊 #Aave #OnChainAnalytics #DuneAnalytics #Plasma #DeFi #EVM #Ethereum #Base #Web3 #BlockchainAnalyst

GM legends. Locked in for the rest of the year, and next year too😎 . Thanks to @BaddassWriter for the prompt - check comment section of QT tweet for it.

Reminder ya'll! The absolute gigachads at @maplefinance are in NYC for ETHConf! So if you are there make sure to track them down! :) Am not there myself unfortunately but from everything I am seeing on the TL its looking like quite a successful conference, despite $ETH's poor price action of late! Enjoy yourselves in NYC my bros and again hit up these Mapleians if you are there! 💪🥞

gMaple and welcome to your weekly ecosystem recap In this past week i discussed the team's presence at Money 20/20 Finance Europe along side with some other updates you surely don’t want to miss Kindly check this video out for more updates that happened last week 🎥

Catch the Maple team at ETHConf in NYC, June 8-10. On the agenda: meetings with potential partners across the Ethereum ecosystem.

The market has been depressing, ngl. But we’ve seen this pattern many time to quit now; it’s all a simulation! So, this is your cue to keep moving - a moving man will always meet his luck 🫵🏽. GM and Happy New Week.

Picking the right project or token to bet on by doing proper research will save you from wasted efforts, money, time and alot more. Set your reminder and tune in for today’s space at 6pm UTC where i will be discussing about it other top researchers. twitter.com/i/spaces/1oKMvvO… Happy Friday guys💪

syrupUSDC inflows continued throughout May. It attracted $378M in deposits, with the AUM reaching $2.9B. Transparent yield, backed by overcollateralized institutional credit.

$SYRUP is down over 17% in the last 7 days. The fact is, the market generally has been bearish, but price only tells part of the story. To understand what’s happening on-chain, I pulled Ethereum and Base DEX data to see trader behavior during the selloff. Here’s what the numbers say: Over the last 7 days, • 170 unique traders traded $SYRUP on-chain • 3,547 transactions were executed • $894.6K worth of $SYRUP was bought • $429K worth of $SYRUP was sold At first glance, the price decline suggests sellers were in control. But trading activity suggests otherwise. Despite the drawdown, buy volume was more than 2x sell volume, with buyers accumulating nearly $465K more $SYRUP than sellers distributed. The busiest day saw: • 68 unique traders • 812 transactions • Nearly $200K in buy volume That’s not what a disappearing market looks like. Based on the observed trading behavior, here’s what the data suggests: 1.Traders remained engaged throughout the correction. 2.Buyers continued accumulating despite market weakness. 3.Trader participation levels suggest sustained interest in $SYRUP. Of course, one week doesn’t define a trend. But if trader participation continues to hold while buy volume consistently outpaces sell volume, it could signal growing confidence on @maplefinance’s solid fundamentals beneath the surface. Link to dashboard: dune.com/cryptopanda01/dolla…

GM legends. Happy new week, and new month. Like a tree planted by the rivers of water, may you flourish and prosper this month 🫵🏽. May your efforts, ideas, and grind produce good results. Amen. See you on the side that prints 🫱🏽‍🫲🏾

Take note ya'll! @maplefinance just hit #10 on the list of top defi protocols by TVL! Good clip below of Maple co-founder @syrupsid discussing $syrupUSDC and $syrupUSDT with @strato_net - Maple's two main yield-bearing dollar assets that make up a huge chunk of that AUM/TVL... Will include another good clip below too :)