ZeroLend, a rapidly growing lending project, has recently announced a strategic data partnership with Token Terminal, aimed at enhancing stakeholder reporting through improved on-chain analytics. With a presence on multiple blockchain platforms such as Linea, ZKsync Era, Base, Manta, and Ethereum, ZeroLend has attracted attention with over $350 million in active loans.
The project, which has secured approximately $3 million in venture capital funding, understands the significance of providing reliable and standardized data to its stakeholders. Token Terminal, a reputable on-chain data platform known for delivering accurate financial and usage metrics, was the natural choice for ZeroLend to collaborate with.
Token Terminal’s expertise in providing analytics for top projects like Aave and Morpho positions them as the perfect partner to assist ZeroLend in enhancing its on-chain analytics and transparency. By leveraging Token Terminal’s platform, ZeroLend can benchmark its performance against competitors and provide real-time data that benefits all stakeholders, from investors to developers.
The Data Partnership between ZeroLend and Token Terminal encompasses four key components. Firstly, a comprehensive registry of ZeroLend’s smart contracts across multiple chains was developed, allowing Token Terminal to utilize its existing infrastructure without the need for additional node setups. This data is then transformed into standardized metrics such as net deposits, fees, active loans, and daily users.
ZeroLend’s presence on Token Terminal’s Lending market dashboard and Discover page provides users, investors, and developers with a centralized platform to evaluate its performance. Token Terminal will also be responsible for managing data updates, allowing ZeroLend to focus on scaling its lending operations as the DeFi landscape continues to expand across various chains.
In conclusion, the partnership between ZeroLend and Token Terminal signifies a commitment to providing accurate and transparent data to stakeholders. By leveraging Token Terminal’s expertise in on-chain analytics, ZeroLend aims to enhance its reporting capabilities and solidify its position as a leading lending project in the blockchain ecosystem.