BlackRock is expanding onchain

+ new project listings & product updates

March 28, 2025

Every other week, we bring you a quick update from our community, highlight new projects listed on Token Terminal, and share the latest updates on our newest product features.

Let’s dive in!

CHART OF THE WEEK
BlackRock’s BUIDL fund nears $2B AUM

  • BUIDL is BlackRock’s tokenized money market fund, launched on Ethereum Mainnet in March 2024. It later expanded to OP Mainnet, Arbitrum, Polygon, Avalanche, Aptos, and, most recently, Solana.

  • The fund earns yield through investments in U.S. Treasury bills, repurchase agreements, and cash equivalents—similar to a traditional money market fund.

  • This month alone, BUIDL’s assets under management (AUM) rose from $620M to $1.96B, with 88% of the AUM held on Ethereum Mainnet.

Access the live chart here.

DASHBOARD OF THE WEEK
BlackRock | The world's largest asset manager goes onchain

A dashboard that features key metrics for BlackRock's BUIDL onchain money market fund.

Access the dashboard here.

NEW LISTINGS
13 new projects are live Token Terminal

Standardized listings (full listing with up to 15 metrics)

  1. NEAR, an L1 blockchain with focus on sharded scaling and AI.

  2. GMX, a derivatives exchange on Arbitrum and Avalanche.

  3. Solv, a liquid staking (BTC) protocol on BNB, Ethereum and 5 other chains.

  4. SynFutures, a derivatives exchange on Base and Blast.

Basic listings (partial listing with up to 6 metrics)

  1. Linea, an L2 blockchain on Ethereum.

  2. Kinto, an L2 blockchain (with native KYC & fraud monitoring) on Ethereum.

  3. Invarch, an L2 blockchain on Polkadot.

  4. Zeitgeist, an L2 prediction market blockchain on Polkadot.

  5. Shape, an L2 blockchain on Ethereum with focus on NFTs.

  6. Shadow, a DEX on Sonic.

  7. HOT Protocol, an MPC wallet on NEAR.

  8. Meteor wallet, a DeFi wallet on NEAR.

  9. Rhea Finance, a DEX on NEAR (merger of Ref and Burrow Finance).

Our two listing categories:

A standardized listing provides a full set of metrics, including those transformed from raw blockchain data by our research team (e.g., TVL, Fees), along with basic metrics. A basic listing features only programmatically derived metrics such as gas used and active addresses.

Interested to get listed? Read more here.

PRODUCT UPDATES
Chain & market sector breakdowns in Studio

Uniswap’s trading volume by chain.

New in Token Terminal Studio

Token Terminal Studio users can now filter metrics:

  • By chain (e.g. Uniswap’s trading volume by chain)

  • By market sector (e.g. Active users on Base by market sector)

These filters help you analyze protocol performance with more precision & depth. All charts are downloadable in CSV format.

Enjoy the deeper dive!