Dune

Dune is the onchain data platform that became the de facto standard for blockchain analytics. Founded in Oslo, Norway in 2018 by Fredrik Haga (CEO) and Mats Olsen (CTO), it began as a project to clean and normalize blockchain data for a single paying customer and has since grown into infrastructure serving analysts, data engineers, compliance teams, and application developers across the crypto industry.

The platform now manages more than 3 petabytes of indexed blockchain data, supports over 130 chains, and hosts more than 6.5 million queries and 200,000 dashboards. Between 1,000 and 1,500 organizations pay for access, from individual analysts to institutional data teams.

How It Works

Dune ingests raw blockchain data, decodes it into structured, queryable tables, and delivers that data through multiple access paths depending on the user's workflow.

The core product, Data Hub, is a browser-based SQL editor. Users write queries in Trino SQL against Dune's unified schema, visualize results as charts or tables, and publish them as interactive dashboards. This open-access layer has built a large community of independent analysts who publish research on DEX volumes, NFT activity, stablecoin flows, DeFi protocol metrics, and more.

Datashare serves enterprise customers who need blockchain data inside their existing data infrastructure. It streams normalized datasets directly into Snowflake, BigQuery, or Databricks, enabling teams to join onchain data with off-chain systems without running their own indexing.

Data API exposes query execution and result retrieval programmatically, allowing developers to integrate Dune-powered data into products and dashboards outside the Dune interface.

dbt Connector lets data engineering teams build production pipelines on top of Dune's datasets using standard dbt workflows, treating blockchain data like any other structured data source.

BI Tool Connectors support Hex, Metabase, DBeaver, and PowerBI through a Trino interface, so teams that already have a preferred visualization environment can point it at Dune data without migrating workflows.

In March 2026, Dune launched an MCP (Model Context Protocol) server, enabling AI agents to query blockchain data in natural language. This positions Dune as infrastructure for the emerging agent economy, where autonomous programs need reliable data access rather than human-readable dashboards.

Solana Support

Dune indexes Solana natively, handling the account model and program-instruction architecture that differs fundamentally from EVM chains. The available tables cover the full scope of on-chain activity: transactions, blocks, account activity, instruction calls, rewards, and vote transactions.

A key feature for Solana developers is IDL decoding, Solana's equivalent of EVM ABI decoding. Anchor programs publish Interface Definition Language files that describe their instruction schemas. Dune uses these to decode raw instruction data into human-readable, typed fields, dramatically reducing the query complexity needed to analyze specific protocols.

This makes Dune a practical tool for anyone studying Solana DeFi protocols, liquid staking products, NFT marketplaces, or validator economics—queries that would otherwise require significant manual parsing of binary instruction data.

Key Features

• 130+ supported chains with a unified query schema across EVM and non-EVM networks
• SQL-native interface using Trino SQL, no proprietary query language to learn
• Public dashboard ecosystem with over 200,000 community-published dashboards
• Enterprise data delivery via Datashare to major cloud data warehouses
• AI-native access through the Dune MCP server for agent integrations
• IDL decoding for Solana providing readable program-level data without manual parsing
• Real-time and historical data with specialty datasets for stablecoins, RWAs, prediction markets, and perpetuals

Business Model and Funding

Dune operates a freemium model with a community tier for open queries and dashboards, and paid tiers unlocking private queries, higher API limits, and enterprise Datashare access. In July 2026, Dune added stablecoin payment options via Stripe for subscriptions.

The company raised $8 million in a Series A in 2021, followed by a $69.42 million Series B in February 2022 led by Coatue, which brought total funding to approximately $79.4 million and established a $1 billion valuation. Other investors include Union Square Ventures, Multicoin Capital, and Dragonfly Capital.

In January 2026, CEO Fredrik Haga announced a strategic reorientation toward enterprise and institutional clients while maintaining the free community tier. In May 2026, the company reduced headcount by approximately 25 percent to focus resources on AI capabilities and the institutional segment.

Team and Origins

Haga and Olsen both previously worked as data and software engineers at Schibsted Media Group, a Norwegian media conglomerate, before founding Dune. The company has held DuneCon, its community conference, in Berlin (2022) and Buenos Aires (2025), reflecting a globally distributed contributor base despite the Oslo headquarters.

Solana Ecosystem Fit

Dune is not a Solana-native product—it is chain-agnostic infrastructure—but its Solana coverage is comprehensive enough to serve as a primary data tool for the ecosystem. Analysts tracking DeFi protocol growth, liquid staking adoption, stablecoin circulation on Solana, or cross-chain comparison work all have access to the same normalized query environment they would use for Ethereum or any other supported network.

For builders and researchers focused on Solana, Dune removes the infrastructure burden of running a full archival node or maintaining custom indexing pipelines. The combination of SQL familiarity, IDL-decoded program data, and the ability to publish findings as shareable dashboards makes it a practical layer for community research and institutional analysis alike.