Dune has introduced a new DeFi Positions API designed to consolidate lending, liquidity, and yield vault data across multiple blockchain networks into a single access point. The release is aimed primarily at wallet developers who have long faced challenges in handling fragmented on-chain position data spread across different protocols and chains.
The company indicated that the API aggregates data from seven Ethereum Virtual Machine-compatible networks at launch, including Ethereum, Arbitrum, Base, BNB Smart Chain, Polygon, and Avalanche, along with Unichain. Additional support for HyperEVM is expected to be rolled out in the second quarter. Documentation released by the company suggested that position data updates occur in under one second, enabling near real-time insights.
Developers have traditionally encountered difficulties when attempting to present DeFi positions within wallet interfaces. Each protocol structures its data uniquely, requiring customized logic to interpret positions such as lending tokens, liquidity pool shares, or yield-bearing assets. As a result, many wallet providers have either avoided integrating DeFi position tracking or invested significant engineering resources to support individual protocols.
Transforming Raw Blockchain Data into Structured Insights
Dune’s solution focuses on converting raw blockchain information into standardized, human-readable position data. For instance, assets like liquidity positions on decentralized exchanges are represented with clear attributes such as price ranges and pending rewards, while lending tokens are displayed with associated yield metrics. This structured approach reduces the complexity developers face when integrating diverse DeFi data sources.
The API is designed to cover key DeFi categories, including lending, liquidity provision, and yield vaults. Supported protocols include major platforms such as Aave, Compound, Uniswap, as well as ecosystems like Velodrome and Aerodrome. It also integrates ERC-4626 standard vaults and specialized yield platforms.
According to the company, the API achieves more than 95 percent coverage when benchmarked against competing solutions such as DeBank, with typical performance reaching approximately 98 percent. The firm also emphasized its ability to onboard new protocols within days based on client demand, while adding support for additional blockchain networks within about a week.
Enhancing Real-Time Analytics and Developer Efficiency
Each API response includes detailed metrics such as current USD valuations, pending rewards, and protocol-specific information like collateral status or liquidity pool shares. It also aggregates portfolio values across individual chains as well as across all supported networks. Notably, pricing data is calculated dynamically at the time of each query rather than relying on cached snapshots, which improves accuracy in volatile markets.
Dune positioned the new API as an extension of its existing infrastructure, which already provides wallet balance tracking and NFT data services to enterprise users. By expanding into developer-focused tools, the company is aiming to address a critical gap in blockchain data accessibility for consumer-facing applications.
The launch places Dune in direct competition with established DeFi data aggregators, though the company appears confident that its underlying data pipelines and strong protocol integrations will offer advantages in both speed and accuracy. For wallet developers considering adoption, key considerations are expected to include pricing competitiveness and the platform’s responsiveness to protocol upgrades, which frequently disrupt data integrations in decentralized finance environments.
The API is currently available, with a free access tier offered for testing and evaluation purposes.
