<aside> ⚠️ The submission form is closed now. Thanks for participating - we’ll reach out soon to winners!

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Your (Re)Introduction to Dune Labels

Labels are a great way of simplifying complex on-chain interactions into easily understood “memes”. We’ve recently reorganized labels in Spellbook to make it much easier to navigate, contribute to, and utilize in analysis. While we’ve already seen the utility of manually labelled wallets such as CEX/Fund addresses, there is even more power to be had in query based labels (i.e. using some sort of model logic). We want to push for open-source labels that anyone can build upon.

Query based labels can be used in analysis to tell us more about who is performing a set of actions, as well as the hidden implied value of their actions. If you see a new NFT project with a large number of top 1% NFT trader labelled wallets minting, that’s a bigger signal than just ETH raised by the project.

Overview of Labels

You can find all the current labels and a contribution guide in the spellbook repo. It might look fancy, but it’s all just SQL files and documentation.

You can explore all existing labels with this query:

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There are three types of labels:

These labels can exist on any blockchain we support, so on EVM chains like Ethereum, Fantom, Binance (BNB), Gnosis, Optimism, Arbitrum, Polygon, Avalanche, or even the testnet Goerli. We also support other chains such as Bitcoin and Solana.

Label Categories and Prizes

<aside> 💸 There will be a total of 1500 USDC up for grabs! Winners will also get Dune beanies, in grey or orange.

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The Smart Money category will have two prizes, 500 USDC each.

These two are both pretty subjective, some things to think about are: