As decentralised finance (DeFi) continues to grow, the demand for transparency and trust has become more critical than ever.
Despite the sector’s promise of decentralisation, bad actors exploiting opaque blockchain data and insider practices persist.
Onchain analytics tools have become vital in combating these challenges.
Bubblemaps simplifies blockchain data with a vibrant visual approach. Its platform uses colourful, easy-to-read graphics to map out token supply and wallet connections, making it easier for users to investigate blockchain activity and uncover patterns.
The role of Bubblemaps in onchain transparency & investigations
Enhancing transparency in DeFi
There have been many incidents of questionable practices, such as wallet splitting and insider activities, that have shaken confidence in token projects.
Incidents involving centralised supply control and undisclosed affiliations with tokens like $NEIRO, $SHIRO, and $GINNAN are just some of the issues that can shake investor confidence.
They threaten fairness and discourage participation across the ecosystem.
Bubblemaps’ approach
Bubblemaps addresses these challenges by making blockchain data visually intuitive and user-friendly.
Its interface allows users to detect wallet connections and clusters that signal insider behaviour and simplify the identification of token supply manipulation.
Notable investigations that used Bubblemaps include:
- Uniswap and a16z: Analysing wallet influence within the governance ecosystem.
- $HAWK and $SHIRO: Early detection of insider-controlled supply.
- Celebrity Token Scandals: Exposing questionable launches tied to public figures like Andrew Tate and Iggy Azalea.
Bubblemaps V2 – A new era in blockchain analytics
Innovative features of Bubblemaps V2
- Time Travel: Provides historical insights into token distribution, enabling users to track changes over time.
- Magic Nodes: Reveals hidden wallet clusters automatically for deeper investigations.
- Omnichain Visualisation: Expands analytics across multiple blockchains.
- Profit & Loss Computation: Tracks financial outcomes for specific addresses and clusters.
- Enhanced Tracing Tools: Empowers users to explore data further within the application.
Growth and milestones
Early days and resilience
Launched in 2022, Bubblemaps initially struggled to gain traction.
However, strategic networking and the development of its iframe API helped secure a successful seed raise during the challenging 2022 bear market.
Building through 2023-2024
From 2023 to 2024, Bubblemaps has steadily expanded its footprint in the blockchain analytics space, propelled by:
- Strategic Partnerships: Collaborations with leading blockchains like Solana, Arbitrum, and Polygon.
- Integrations: Incorporating tools such as Etherscan and DEX Screener.
- Educational Impact: Growing its influence through Twitter investigations and accessible content.
CEO Nicolas Vaiman summarised the journey: “It’s amazing to witness how much the demand for data analytics has increased since we started. Our new release allows users to understand data both faster and easier.”
The future of Bubblemaps
Upcoming Releases and Vision
Bubblemaps aims to amplify public participation with new tools, continuing to build on its mission of democratising blockchain analytics.
Vaiman envisions the platform as a cornerstone for fostering transparency and accessibility across web3.
With plans to integrate more blockchains, Bubblemaps’ omnichain capabilities are set to grow further.
$BMT token and airdrop
In January 2025, Bubblemaps launched its $BMT token airdrop campaign to reward active V2 users.
Participants can earn tokens by engaging directly with the platform, such as exploring wallet clusters, tracking token supply dynamics, and leveraging advanced tools like Magic Nodes and Time Travel.
The airdrop’s leaderboard, which already boasts over 50,000 participants, ranks users based on their activity and contributions.