Consensys, the company behind the popular MetaMask wallet, today announced a partnership with leading DeFi analytics company EigenPhi. The partnership will see many of Consensys’ existing products come with “extensive research reporting, providing unparalleled depth and breadth of data-driven insights and analysis into transaction structures and trading strategies.”
According to Mars Cheng, founder and CEO of EigenPhi: “This collaboration brings together the best of both areas: EigenPhi’s expertise in near real-time on-chain data analytics and Consensys’ deep understanding of the activities and needs of web3 users and builders…Together, strive for more transparent, fair, and robust growth of the DeFi industry and the broader blockchain ecosystem. Our focus extends beyond transaction data to include the strategies that power these transactions, creating a holistic view of the DeFi landscape.”
According to a release, EigenPhi features a set of “advanced proprietary algorithms to analyze publicly available on-chain data” that will be used to support Consensys’ efforts to improve its products for its user base.
“The real power of blockchain lies in its transparency and decentralized nature. This partnership will further illuminate these aspects and shed light on the structure and strategies of DeFi transactions… Consensys will use these insights to optimize transactions and improve outcomes for both users and builders. By improving and abstracting the experience of transacting and expressing intent on public blockchain, we are further enabling the next wave of participants and mainstream adoption,” said Didier Le Floch, Engineering Leadership at Consensys.
About EigenPhi
EigenPhi, a leader in on-chain analytics and DeFi intelligence, offers a unique toolkit including EigenPhi.io, EigenTx and proprietary algorithms to explore strategies. We convert complex order flows into actionable insights for traders, enterprises and stakeholders. Our three-pronged analysis of structure, behavior and connectedness provides deep insight into the DeFi landscape, shaping transactions and future DeFi innovation. Visit https://EigenPhi.io/ and https://EigenPhi.com for our services and benefits.