- Dune launches Sim platform, enhancing real-time blockchain access.
- Real-time data for 60+ chains.
- Immediate impact on DeFi and analytics.
Dune has launched Sim, its real-time multichain platform, significantly enhancing blockchain data access. The initiative, led by CEO Fredrik Haga and CTO Mats Julian Rindal, integrates technology from the recently acquired smlXL, which powers its real-time capabilities.
Dune’s Expansion and Impact on DeFi
Sim enables developers to access low-latency blockchain data, essential for on-chain analytics. The acquisition of smlXL supports this mission, aligning with Dune’s established reputation in cryptocurrency analytics since 2018.
Dune acquired smlXL, underpinning Sim’s development by enhancing its data infrastructure. This allows for real-time wallet APIs across more than 60 blockchains, including Ethereum, Bitcoin, and Solana, affecting decentralized finance dynamics.
Analysts and developers gain immediate access to high-frequency data, significantly impacting decision-making processes in finance and trading. This platform is aimed at boosting efficiencies in DeFi metrics, providing critical insights.
“Without using Dune your project is blind.” — Anton Bukov, Co-founder, 1inch
Despite no new funding announcement, the acquisition involving a16z-backed smlXL indicates substantial institutional interest and support. This move highlights enhancements in blockchain’s accessibility and utility, especially for DeFi and institutional purposes.
Sim’s launch marks a continued trend towards improving blockchain integration and data transparency, potentially elevating standards in on-chain analytics and financial applications. The platform’s broad support anticipates further shifts in cryptocurrency data utilization.
About the author
AI Key to Web3 Competitiveness, Says Gate CEO
Gate.io's CEO Dr. Han states AI will drive Web3's future, enhancing usability and integration.
Binance Initiates First Alpha Box Airdrop Event
Binance launches Alpha Box airdrop, starting at 18:00 UTC, requiring 242 points minimum.
Hong Kong SFC Introduces New Virtual Asset Regulations
Hong Kong's Securities and Futures Commission, led by CEO Julia Leung Fung-yee, announced new virtual asset regulations at Consensus 2026, introducing margin financing and perpetual contracts for select investors.
European Parliament Endorses Digital Euro With Dual Functionality
Pasquale Tridico and 48 EU lawmakers led the February 10, 2026 move in the European Parliament to endorse a digital euro proposal with online and offline capabilities.
Galaxy Digital CEO Predicts Decline in Cryptocurrency Speculation
Galaxy Digital's Mike Novogratz anticipates a shift from speculative to institutional investments in cryptocurrency.
Crypto.com CEO Acquires AI.com for $70 Million in Crypto
Crypto.com CEO Kris Marszalek acquired AI.com for $70 million in cryptocurrency. Unverified claims of a subsequent $500 million offer arise.
Related
CRCL stock sees 45% upside in targets as USDC nears $80B
Analysts cite USDC nearing $80B and rate-sensitive reserve income in CRCL stock, USDC stablecoin, price target; plus MiCA, U.S. bills and USDT competition.
Oil steadies as Germany outlines IEA release triggers
Energy prices and supply risks put Germany oil reserves release in focus; analysts cite IEA/G7 rules that could add barrels and temper prices in a G7 move.
Cardano tracks 2020–2021 pattern as descending wedge forms
Analysts cite a 2020–2021 analog and a descending wedge; RSI/MACD and volume frame key levels as flows, upgrades and regulation shape Cardano price prediction.
Stablecoins gain clout as GENIUS Act cements U.S. dollar
Analysts say GENIUS Act, U.S. dollar dominance, stablecoin regulation intersect: reserve mandates, legal status and CBDC ban steer issuance to Fed oversight.
Bitcoin sees court-ordered return to Bitfinex under MVRA
BTC was returned to Bitfinex as in-kind restitution under the Mandatory Victims Restitution Act, clarifying victim status and how it interacts with forfeiture.
BNB tests $656 resistance as volume thins
BNB price rallies into $650–$660 supply on declining volume, data show rejection risk at $656; confirmation is a close above $656–$660; supports at $620–$600.