I just launched CryptoStats, a decentralized protocol for data metrics. And I need your help to keep building it!

medium.com4m ago

Crypto runs on data.

From ever-changing token prices, to total-value locked, to sky-high pool-2 APYs, data metrics are the lifeblood of the crypto industry.

But despite crypto’s mission to remove centralized intermediaries, most data has remained locked in the silos of a handful of companies. We believe crypto should always be striving to distribute power and provide transparency.

We believe trustworthy data is a public good, one that should be built, maintained and ultimately owned by the community that depends on it.

CryptoStats aims to achieve these goals, to become the “Wikipedia for data”, transparently providing metrics to all, allowing anyone to contribute and make updates.

The curation and normalization layer of the data stack How CryptoStats fits into the data stack

The crypto ecosystem already has great, decentralized indexing protocols like The Graph, as well as many centralized indexers. These protocols provide the crucial infrastructure needed to process the large amounts of data and extract relevant information.

CryptoStats provides an important layer on top of these indexers and other data sources.

CryptoStats pulls data from reliable data sources, processes it, and returns normalized values.

A simple environment for building adapters

In order to be the “Wikipedia for data”, it needs to be super easy for any user to add and update protocols and metrics.

We created a simple editor that enables any user to build and test simple data adapters right in the browser. Users can create adapters, sign them with their Ethereum address, and publish them to be evaluated by the community.

No more Git repos, dependencies, or pull requests.