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Token Terminal Partners with Reserve Protocol: Enhancing Onchain Data for DeFi Asset Management

Token Terminal Partners with Reserve Protocol: Enhancing Onchain Data for DeFi Asset Management

Token Terminal, a leading platform for onchain data analytics, has just announced an exciting partnership with Reserve Protocol. This collaboration aims to bring standardized, reliable metrics to one of the fastest-growing asset management projects in the DeFi space. If you're into blockchain and want to keep tabs on real performance data, this is big news.

Reserve Protocol, built on Ethereum and Base, lets anyone create asset-backed stablecoins called RTokens. These are customizable currencies backed by baskets of assets, making it easier for users to manage value onchain without relying on centralized issuers. With backing from heavy hitters like Coinbase Ventures, Peter Thiel, and Sam Altman, Reserve has skyrocketed to nearly $500 million in total value locked (TVL)—that's the total amount of assets deposited into the protocol.

The partnership kicks off with Token Terminal providing a suite of standardized metrics for Reserve. Think of TVL as the protocol's "bank balance," showing how much value is secured within it. Then there's fees, which are the costs users pay for transactions, and revenue, the cut that goes to the protocol or its stakeholders. These metrics help investors and developers compare Reserve apples-to-apples with other DeFi giants like Pendle, Aave, and Morpho.

Reserve Protocol dashboard on Token Terminal showing key metrics like market cap, TVL, fees, and revenue

Diving into the numbers from Token Terminal's dashboard: Reserve boasts a fully diluted market cap of $503.3 million and a circulating market cap of $306.6 million. It has over 34,700 token holders and a whopping $1.03 billion in trading volume over the past 30 days. TVL sits at $457.7 million, spread across chains like Ethereum, Optimism, Arbitrum, and Base. Monthly fees are at $1.27 million, with revenue clocking in at $147.23K.

What makes this partnership stand out is the focus on data maintenance and standardization. Token Terminal handles the heavy lifting: maintaining a registry of Reserve's smart contracts, transforming raw blockchain data into usable metrics, and ensuring everything stays up-to-date as Reserve expands across chains. This means the Reserve team can focus on innovation while stakeholders get transparent, real-time insights.

As Matti Moström, CEO of ABC Labs (the team behind Reserve), put it: "Partnering with Token Terminal empowers us to benchmark our performance against the competition in a fair and accurate way and provides a real-time dashboard that’s a great tool not only for our team, but all Reserve stakeholders."

Looking ahead, there's talk of custom dashboards with even more project-specific metrics. This could give deeper dives into Reserve's unique features, like how RTokens yield returns or handle governance.

If you're tracking DeFi trends or considering investments in asset management protocols, head over to Token Terminal's Reserve dashboard to explore these metrics yourself. Partnerships like this are pushing the blockchain space toward more institutional-grade transparency, making it easier for everyone—from casual users to pro traders—to make informed decisions.

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