Stable Seer
Stable Seer is WalletWall’s dedicated surface for monitoring stablecoin peg risk, liquidity depth, issuer concentration, and cross-chain flow movement. It provides a focused lens on the stability and utility of the fiat-equivalent ecosystem.
Stable Seer was previously named Market Radar. All identifiers, routes, and API endpoints were renamed as part of Epic #163.
Product boundary
| Product | Focus | Primary metric |
|---|
| Holder Wall | Holder analytics | Ownership concentration, retention, distribution |
| Stable Seer | Stablecoin intelligence | Peg deviation, liquidity depth, issuer/flow risk |
| Whale Watcher | Activity intelligence | Large wallet movements, inflow/outflow alerts |
holderAnalyticsSupported: false flag is present on every API response as a hard invariant.
Covered stablecoins
Stable Seer prioritizes depth and stability analysis for:
- Fiat-backed: USDC, USDT, PYUSD, FDUSD
- Crypto-backed / over-collateralized: DAI, LUSD, crvUSD
- Algorithmic / hybrid: FRAX, USDE
Data views
Peg stability and deviation
- Real-time peg check: price variance from $1.00 across major DEX and CEX pairs
- Historical volatility: frequency and depth of de-pegging events over 24h, 7d, and 30d windows
Liquidity and concentration
- DEX liquidity depth: aggregated ±% depth for stable-to-stable and stable-to-volatile pairs
- Issuer risk: concentration of supply within specific minting/redemption entities
- Chain distribution: percentage of total supply deployed across Ethereum, Base, Optimism, Arbitrum, and other EVM-compatible chains
Supply and volume trends
- Market cap momentum: 24h/7d change in circulating supply
- Velocity: ratio of volume to market cap — identifies “parked” vs. “active” stablecoin capital
Protocol and flow movement
- Inflow/outflow by protocol: stablecoin migration into and out of major DeFi protocols (Aave, Maker, Curve)
- Whale movements: source-backed tracking of large stablecoin transfers between CEXs and unlabeled wallets
UI concepts
| Concept | Description |
|---|
| Rein Check | High-confidence peg verification badge — signals when a stablecoin is trading within strict tolerance (e.g., 0.999–1.001) |
| Stable Shopper | Interface for identifying the deepest liquidity pools for large-size stablecoin swaps |
| Herd Movement | Visualization of aggregate stablecoin flows between chains or into yield-bearing protocols |
| Pasture Map | Treemap of market cap distribution across issuers and chains |
| Barn Risk | Risk score based on collateralization transparency, liquidity depth, and historical peg stability |
Risk Console
The Risk Console is a summary panel that aggregates peg deviation status, liquidity depth, issuer concentration risk, and the Barn Risk score for a selected stablecoin into a single view.
Risk scores are historical or point-in-time observations derived from scheduled Dune queries and market provider data. They are not investment advice and do not constitute a prediction of future peg stability.
Sparklines
Price sparklines display peg deviation history over selectable windows (24h, 7d, 30d). They are rendered from CoinGecko and DEX Screener market data, not from Dune scheduled queries.
Pool map
The pool map visualizes liquidity pool distribution for a selected stablecoin across DEX venues and chains. Pool data is sourced from DEX Screener.
Filters
Filters allow narrowing by chain, DEX venue, and stablecoin type (fiat-backed, crypto-backed, algorithmic). Filters operate client-side against the current result set.
Data sources
| Source | Used for | Latency |
|---|
| CoinGecko | Price, volume, market cap | Low |
| DEX Screener | Liquidity depth, pool data | Low |
| Dune Analytics | On-chain supply distribution, historical flow movement | Scheduled/cached |
All Dune Analytics data reflects the state of the last successful query execution and is not live. The UI labels Dune-sourced data as Scheduled/Cached.
API response shape
Stable Seer API endpoints return a normalized structure:
{
"asset": "USDC",
"data": {
"price": 1.0002,
"peg_deviation_bps": 2,
"market_cap_usd": 32000000000,
"liquidity_depth_2pct_usd": 450000000,
"volume_24h_usd": 1200000000,
"supply_distribution": {
"ethereum": 0.85,
"base": 0.10,
"arbitrum": 0.05
}
},
"metadata": {
"sources": [
{ "name": "CoinGecko", "type": "market", "latency": "low" },
{ "name": "DEX Screener", "type": "liquidity", "latency": "low" },
{ "name": "Dune Analytics", "type": "on-chain-scheduled", "last_updated": "<scheduled_timestamp>" }
],
"confidence_score": 0.98
}
}
Guardrails
- All Dune data is labeled as scheduled and cached — never live.
- Solana holder analytics are not supported. Aggregate market-level data (price/volume) for Solana-based stablecoins may be available via market providers only.
- No deanonymization: attribution is limited to public and source-backed labels.
- Data is for informational purposes only. Not investment advice.
