Parsec Finance: The Future of On-Chain Blockchain Analysis
1. What is Parsec Finance?
Parsec Finance is a platform that offers on-chain analytics tools for 13 different EVM networks, along with on-chain data for Bitcoin Ordinals. This project stands out for its ability to customize the user interface, allowing users to easily track data and combine technical analysis with on-chain indicators. Parsec is also known for its professional team, which provides weekly market reports and shares insights via podcasts.
2. Features of Parsec
Parsec offers several features, including:
- Wallet Type: Categorizes wallet addresses into EOA (standard wallet) and Contract (smart contract addresses).
- Transaction Charts: Displays transaction data by day, with color intensity indicating the frequency of transactions.
- Portfolio: Shows the wallet's total assets and their value change over the past 24 hours.
- Flows: Displays the wallet's cash flow, including inflow and netflow.
- NFT Activity: Tracks the wallet’s NFT transactions.
3. How to Customize the Parsec Interface
Parsec allows users to create a dashboard with their preferred indicators. Here are the steps to customize the interface:
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Visit Parsec.fi and sign up for an account.
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After logging in, click on the Terminal section and select Create layout.
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Choose a layout suitable for your needs.
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Add the data you want to track from the Element section.
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Customize the position of data and charts according to your preferences.
4. Parsec’s Team and Partners
- Founder: Will Sheehan, the founder of Parsec since 2020. He previously worked at Citizen Hex and has many years of experience in technology.
- Investors: Parsec successfully raised 5.25 million USD in two funding rounds, with participation from major funds like Polychain Capital, Galaxy Digital, Uniswap Labs, and Robot Ventures.
5. Similar Platforms to Parsec
- NFTScan: Provides on-chain data for the NFT market across more than 20 different networks.
- Arkham: Offers information on the activities of crypto entities, such as KOLs, organizations, and investment funds.