New Dashboard: Farcaster Trending Tokens

This dashboard tracks trading activity of Farcaster connected wallets and shows trending tokens over the last 3 hours, 1 day, and 7 days 

Check out the dashboard here, and more info on the algo in the replies:

New Dashboard: Farcaster Trending Tokens

This dashboard tracks trading activity of Farcaster connected wallets and shows trending tokens over the last 3 hours, 1 day, and 7 days 

Check out the dashboard here, and more info on the algo in the replies:

https://dune.com/empty_block/farcaster-trending-tokens

The algo is weighted towards tokens that are relatively unique to Farcaster. It takes into account the total trading volume of tokens across Farcaster wallets, as well as the number of unique traders. It also weights each token by the Farcaster "DEX share" percentage (farcaster_trading_volume / total_trading_volume), aka Farcaster traders' percentage share of the total DEX trading volume for a given token.

It's important to note that this is not the exact same algo that Warpcast is using for their trending token notifications. But it's a similar idea with a few different twists.

This feature can in a sense erase the information gap after the tokens appear, but it doesn't guarantee that more people will make money