3 Pillars of DeFi: Structure, Behavior, and Network
Unlike the traditional Internet, which comprises web pages and hyperlinks, DeFi is built upon Smart Contracts and their complex transaction interactions and structures. The interplays between Smart Contracts, DeFi assets, and their callers are so diverse and flexible that they are impossible to decipher without a powerful tool, let alone decode the hidden market signal.
For example, consider the Cream Finance Flash Loan attack from last year. There were 29 tokens, 30 liquidity pools, 5 protocols, and 75 transfers involved. These transactional elements formed the behaviors, which in turn established the networks.
Structures, behaviors, and networks are the invisible pillars of the DeFi that you have to figure out if you want to be a conqueror of the new world.
As the pioneer of the new generation of DeFi data analysis platforms, EigenPhi adopts methodologies focusing on starting from a thorough inspection of transaction structures formed by Smart Contracts. With the rigorous dissection and simplified presentation of the asset transfers among liquidity pools, EOAs, and protocols in an easy-to-understand way, EigenPhi's behavior and network analysis have a solid premise to help users with means of pricing the liquidity and recognizing the risks, eventually being able to take in not only the story behind the curtain but also profits and gains from their assets.
It's a challenging path to take, but an essential one that EigenPhi has been working on since the beginning. And we are the only team in the market capable of managing to get it done.
Last updated