In addition to this launch, Nansen said it has improved its system to better categorize funds. The team expects enhanced fund categorization to help users distinguish between the most successful and consistent players, labeled Smart Funds, and other market participants.
Similar to the PnL feature, the Smart Money Fund label revealed the success of entities like Kronos Research, with substantial profits and high ROIs on various tokens, said Nansen.
Alex Svanevik, CEO of Nansen, said the latest upgrades not only increase transparency in DeFi analytics but also provide actionable insights that empower experienced traders and newcomers to optimize their strategies and potentially enhance their returns.
“It brings a new level of transparency to the table,” said Svanevik. “Users can now track and understand the trading moves and performance of top players in the industry, getting key insights into their strategies. Whether you’re a big name or a savvy investor, this feature helps you stay informed and make confident decisions.”