autorenew
DefiLlama's New Chart Builder: Create Custom DeFi Charts in Seconds

DefiLlama's New Chart Builder: Create Custom DeFi Charts in Seconds

Hey there, fellow crypto explorers! If you're deep into the world of decentralized finance (DeFi) or even just dipping your toes into meme tokens, you've probably heard of DefiLlama. It's that go-to platform for tracking Total Value Locked (TVL), fees, and all sorts of DeFi metrics without the annoying ads. Well, they've just dropped something exciting that's making waves in the community.

In a recent tweet, DefiLlama showcased their brand-new Chart Builder feature, now live on the Pro Dashboard. The highlight? You can whip up a custom chart displaying the top DeFi protocols by holders' revenue in under 15 seconds. That's faster than brewing your morning coffee!

What’s Holders' Revenue Anyway?

For the uninitiated, holders' revenue refers to the portion of fees or earnings from a DeFi protocol that gets distributed back to its token holders. Think of it as a dividend in the crypto world. Protocols like Ethereum or Tron generate massive fees from transactions, and a slice of that pie goes to those holding the native tokens. This metric is crucial for understanding which projects are actually profitable for their communities, beyond just hype.

In the video attached to the tweet, DefiLlama demonstrates the ease of use: Start with an empty dashboard, click "+ Add Item," select "Chart," pick your data source (like Revenue Generating DeFi Protocols), choose the metric (Holders Revenue), and boom – a stacked bar chart appears with top players like Ethereum, Bitcoin, and Tron leading the pack. It's all intuitive, with options to filter by chains, categories, and more.

Why This Matters for Meme Token Fans

At Meme Insider, we're all about those viral meme tokens that capture the internet's imagination. But let's be real – many meme projects operate within DeFi ecosystems, especially on chains like Solana or Base, where pump-and-dump mechanics meet actual utility. Tools like DefiLlama's Chart Builder let you dive deeper. Want to see if a meme token's underlying protocol is generating real revenue for holders? Or compare it against established DeFi giants? This feature makes it effortless.

Imagine tracking revenue trends for meme-related DEXs or liquidity pools. It could reveal hidden gems where community-driven tokens are starting to accrue value, helping you make smarter plays in the volatile meme market.

Getting Started with DefiLlama Pro

The Chart Builder is part of DefiLlama's Pro Dashboard, which offers advanced features like custom charts, tables, and dashboards using their vast data sets. From TVL and volume to users and transactions, you can visualize it all. While the basic DefiLlama is free, Pro likely requires a subscription for full access – check out DefiLlama Pro for details.

This update is a boon for blockchain practitioners looking to level up their analysis. Whether you're a seasoned DeFi trader or a meme token hunter, having quick, customizable insights at your fingertips can sharpen your edge in this fast-paced space.

What do you think? Will you be building your own DeFi dashboards soon? Drop your thoughts in the comments below, and stay tuned to Meme Insider for more on how tools like this intersect with the wild world of meme tokens. 🚀

You might be interested