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Analyze Blockchain & DeFi Market Data with ChatGPT

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Analyze Blockchain & DeFi Market Data with ChatGPT

Blockchain technology is a difficult area to do your analysis and get insights unless you are an expert in the field. But now we can use ChatGPT to do the expert analysis for us, using the DeFiLlama Plugin and prompting it the right way. All the prompts are shared in this post.

  1. Make some basic analyses and get insights on any blockchain projects.
  2. Find the best projects based on TVL for the day.
  3. Identify high-yield projects at the earliest.

DeFiLlama Plugin

DeFiLlama is the go-to DeFi (Decentralized Finance) data aggregator. With the DeFiLlama ChatGPT plugin, you can easily access up-to-date and historical data related to blockchains, DeFi applications, and bridges.

Using ChatGPT Plus and enabling the DeFiLlama plugin we can basically simplify many tasks like

  • Analysing Bridge Flows
  • Learning About Unknown Protocols
  • Identifying High Yields

Let’s take a look at how to do each one of them.

Bridge Flow analysis

A bridge flow in crypto allows users to transfer digital assets between different blockchain networks, so analyzing them will help us understand where the main attention at right now.

To analyze you can start by prompting

What chain had the most bridge flows today? 

https://preview.redd.it/tgs70rqceovb1.png?885&format=png&auto=webp&s=78beaf4e2679c0e3444028a22228dc228fa12913

You can also ask

What protocols received the most TVL today on ETH? 

TVL - Total Value Locked

https://preview.redd.it/8k7v4wzheovb1.png?788&format=png&auto=webp&s=c16332470907d3f5cf2ac1f272e2aa3587668405

Identifying High Yields

Identifying the blockchain projects with high yields at the earliest will always keep you ahead if done properly and this was only possible through too much research and analysis but now we can prompt ChatGPT to do it for us.

Find the highest stable coin yield on a [specific chain] 

Let’s take Arbitrum as an example

https://preview.redd.it/5hl3w7pqeovb1.png?745&format=png&auto=webp&s=f5da62a6ef7a6ec311046c26af0a3fb94a7082ff

ο»ΏI'm just sharing my experiences and observations in the field of ai and Crypto
Link to the full article I wrote.

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