on-chain analyst community in Indonesia. Also talk about anything on web3 industry. So don't worry, let's learn a new spell 🔮 Founder: @0xgulali
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Joined November 2024
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.@MeteoraAG headline numbers look incredibly stable on the surface. But when you look at the monthly breakdown, the real story looks completely different.
@MeteoraAG Jan–Aug 2026 overview:
💰 $217.5M revenue
📊 $18.2B volume
👥 6.5M active users
Headline looks stable, but January did 5x normal revenue thanks to the $MET fee-based airdrop deadline. CPAMM & DLMM dominate volume.
Filtered out heavy bot/sniper activity to find the real active user baseline.
Built in @PowerBI, queried on @Dune ☄️
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Today marks a special milestone - House of Wizard turns 2! 🎂💪🏼🥳
A huge thank you for your unwavering support and love ❤️.
We're excited to share a brand-new experience with our data family...
Every friend has their season, and every season has its friends.
House of Wizard's random gathering, where we connected with folks from other communities.
Most DEX users generate almost no revenue per user.
That’s the hidden story.
Protocols like @Uniswap , @PancakeSwap , and @Raydium dominate on user scale -> but ARPU stays minimal.
Meanwhile, smaller DEXs like @0xfluid , @CurveFinance , and @BreederDodo monetize far more efficiently with significantly fewer users.
More users ≠ better business.
In this market, monetization efficiency matters more than vanity growth.
Source @Dune dashy:
dune.com/lydiapita/chain-and…
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Apologies for used the wrong token contract for $PHAR
Correction on $PHAR!
apologies everyone! In my prev post I accidentally used the wrong token contract for $PHAR, so the data shown was incorrect.
Here's the real data straight from the P/F ratio DEX table:
@PharaohExchange
- MCap: $10.95 M
- Annualized Fess: $1.26M
- P/F ratio: 8.67x
- Rev. Yield: 11.533%
- Category: Extremely Undervalued 🔥
Sorry for the mistake, now correct with the accurate numbers!
Prev post: teapawt.net/0xgulali/status/204409…
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Valuation Metrics for DEX protocols.
What other DEX protocols should we add?
comment below 👇
Latest P/F Ratio analysis across major DEX protocols:
Extremely Undervalued
• @QuickswapDEX – 1.46x
• @MeteoraAG – 3.15x
• @orca_so – 7.83x
• @Raydium – 15.25x
• @JupiterExchange – 20.96x
Extremely Overvalued
• @PharaohExchange – 37,772x
Real on chain revenue is clearly the new valuation filter in DeFi.
Which DEX do you see as the most undervalued right now? comment below.
Source @Dune Dash: dune.com/lydiapita/chain-and…
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We've decided not to run any free classes in the near future.
However, we are planning to hold more regular discussions focused on blockchain data analysis and its ecosystem.
Stay tuned!
Happy International Women Day!
Share your story!
Happy women’s international day!
I am presenting myself 😂.
Who decided to pivot from Architect to become an Analyst.
Sometimes I miss just working on floor plans, elevations, building orientation analysis, wind direction studies, and soil strength analysis.
I miss simply calculating project cost estimates.
I miss touching only AutoCAD, SketchUp, and 3ds Max. I even miss the simplest hand sketches.
But I’ve already made my choice… it’s time to level up and stop romanticizing the past.
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It’s time for APAC 🥳
Don’t missed this!
The first APAC role at Dune is now live!
Full blank slate. Build the pipeline, close enterprise deals, shape the regional strategy. Based in Singapore.
Details + apply: jobs.ashbyhq.com/dune/edf64b…
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How’s ur weekend everyone??
Hello weekend!
We @House_of_Wizard spent our weekend learning @solana blockchain data structure with @Dune
Thank you for teaching us @rztaji
Thanks for joining!
Next week we will talk about @solana !
C U soon!
Keep grinding with @House_of_Wizard while the market bleeding, Data analysts are keep rolling 🎥
Thanks @0xgulali 🚀
Want to know more about blockchain structure?
Please join us tomorrow!
We will learn together about @Aptos blockchain structure!
Only on our TG group!
What happen with @monad momentum?
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GM, Indonesia!
Have you had breakfast yet? Or just coffee?
Must be nice, huh… chilling while we casually check the USDT inflow/outflow on @indodax 😏
USDT flow on @indodax
Total USDT movement on Indodax this month reached almost $25M.
Outflow slightly led inflow:
🔴 Outflow: $13.14M
🟢 Inflow: $11.80M
Source:
@Dune dashy
dune.com/lydiapita/indodax-f…
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