Even though decentralized finance is on the right track in terms of growth and adoption, the space is still full of risks, uncertainty and volatility. One of its biggest advantages over centralized finance is the availability and accessibility of financial data. Since transactions are public, blockchain provides a unique opportunity for understanding market sentiment through data analysis..
On the other hand, the transparent nature of DeFi means there is a lot of accessible data. However, for such data to be actionable it needs to be refined, organized and transformed into comprehensible information. The crypto and DeFi spaces are highly strategic. Recently, we've seen tweets or announcements from influential public figures significantly pump specific tokens beyond their projected value, and small changes in regulations completely decimate a token's floor price. These prospects are relatively frequent in the DeFi space, which can't be predicted through on-chain analytics.