EigenPhi and Consensys team on insights into DeFi transactions


EigenPhi, a leading player in decentralized finance (DeFi) data analysis, is thrilled to announce a strategic collaboration with Consensys, the leading blockchain and web3 software company.

EigenPhi’s cutting-edge proprietary algorithms to analyze publicly available on-chain data will support Consensys‘ efforts to benefit users by revolutionizing the experience of transacting and expressing intents on public blockchain networks. EigenPhi will regularly supply Consensys and its products and platforms, i.e., Metamask and Infura, with comprehensive research reports, offering unparalleled depth and breadth of data-driven insights and analytics into transaction structures and trading strategies.

“This partnership brings together the best of both areas—EigenPhi’s expertise in near real-time on-chain data analytics and Consensys’s deep understanding of web3 users and builders activity and need,” said Mars Cheng, Founder and CEO of EigenPhi. “Together, we aim to foster a more transparent, fair, and robust growth of the DeFi industry and the broader blockchain ecosystem. Our focus extends beyond mere transactional data to include the strategies that drive those transactions, providing a holistic view of the DeFi landscape.”

The collaboration comes at a critical time. Granular transaction analysis is essential for the DeFi space to develop into a complete financial infrastructure and see mass adoption. The insights generated by EigenPhi’s automated trade analyses will provide actionable intelligence for stakeholders, including Consensys, to optimize users’ transactions, including improving cost and inclusion.

“The real power of blockchain lies in its transparency and decentralized nature. This partnership will illuminate these aspects even further, shedding light on DeFi transactions structure and strategies,” said Didier Le Floch, Engineering Leadership at Consensys. “Consensys will leverage these insights to optimize transactions and improve outcomes for both users and builders. By enhancing and abstracting the experience of transacting and expressing intents on public blockchain, we further enable the next wave of participants and mainstream adoption.”


By on Wed, 01 Nov 2023 13:33:00 GMT
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