What Is Bubblemaps (BMT) and How to Use it for Blockchain Analytics?

Bubblemaps is a visual blockchain analytics tool that simplifies complex on-chain data into interactive bubble maps, helping you easily identify wallet connections and token activities. Discover how Bubblemaps (BMT) transforms complex blockchain data into interactive visuals, making on-chain analysis accessible and insightful for all users.

Navigating the intricate world of blockchain can be daunting, especially when trying to understand token distributions and wallet interactions. Enter Bubblemaps (BMT), a groundbreaking tool designed to simplify on-chain data through intuitive visual representations. By converting complex datasets into interactive bubble maps, Bubblemaps empowers you to explore and comprehend blockchain ecosystems with unprecedented clarity.

Bubblemaps is the first supply auditing tool tailored for DeFi tokens and NFTs. It transforms intricate blockchain data into colorful, interactive bubble maps, making it easier for users to grasp token distributions and wallet connections. This innovative approach enables you to investigate wallets, uncover hidden connections, and cut through the noise often associated with blockchain data.

Bubblemaps boasts extensive integration across multiple blockchain networks, enhancing its versatility and reach. The platform supports:

Ethereum: Explore ERC-20 token distributions and wallet interactions seamlessly.
Solana: Dive into SPL token analytics with ease.
BNB Chain: Analyze BEP-20 tokens and their holder connections.
Avalanche: Gain insights into AVAX token ecosystems.
Sonic (formerly Fantom): Visualize FTM token distributions and more.

These integrations allow you to access a broad spectrum of data, catering to diverse analytical needs. Additionally, Bubblemaps has partnered with platforms like Etherscan, OpenSea Pro, DexScreener, and DEXTools, further enriching your analytical experience.

Bubblemaps transforms complicated blockchain data into intuitive, interactive visuals called bubble maps. Each bubble represents a specific wallet, and its size indicates how many tokens that wallet holds—the larger the bubble, the greater its share of tokens. Lines connecting the bubbles show direct interactions, such as transfers between wallets, helping you visualize token movements clearly.

This visual approach lets you:

Explore Wallets: Click on individual bubbles to view detailed wallet information, including token holdings, transaction history, and wallet rankings.
Reveal Hidden Connections: Identify previously unnoticed relationships by seeing how wallets are interconnected through transactions, revealing potential coordinated activities or clusters.
Manage Your Map: Customize your analysis by highlighting or filtering specific wallets, interactions, or token holders to focus on what matters most to you.
Travel in Time: Use the "Time Travel" feature to track how token distributions, wallet balances, and interactions have changed over specific periods, enabling historical analysis of blockchain activities.

Bubblemaps provides real-world case studies that illustrate precisely how its interactive visuals uncover hidden blockchain activities. Here are notable examples highlighting its practical applications:

LIBRA: A $107 Million Liquidity Exit

LIBRA, a Solana memecoin endorsed by Javier Milei, seemed promising at first, but Bubblemaps quickly revealed a major red flag—82% of its total supply was concentrated in a single wallet cluster. Insiders quietly created one-sided liquidity pools, discreetly extracting over $107 million without triggering immediate market panic, severely damaging investor trust in the Solana ecosystem.

HAWK: Celebrity-Endorsed Pre-Sale Dump

Celebrity-backed memecoin HAWK, promoted by Hailey Welch, had hidden supply issues exposed by Bubblemaps: 80% of tokens were controlled by the team, with an additional 16% secretly unlocked for presale buyers. When trading began, rapid token dumps from presale buyers crashed the market, illustrating the risks of celebrity endorsements in crypto projects.

Uniswap (UNI): The Illusion of Decentralization

Uniswap, a leading decentralized exchange, faced scrutiny after Bubblemaps showed that investor Andreessen Horowitz (a16z) controlled over 4% of UNI tokens through 11 connected wallets. This cluster could independently meet Uniswap’s quorum for governance decisions, highlighting a significant centralization risk beneath the protocol’s decentralized appearance.

Shiba Inu (SHIB): Hidden Whale Cluster

Despite appearing decentralized, Shiba Inu (SHIB) concealed a significant whale cluster uncovered by Bubblemaps, holding over 10% of SHIB’s total supply. Initially purchased for just $10,000 in 2020, these tokens were spread across multiple wallets to hide ownership, suggesting hidden influence possibly linked to the project's founder.

Squiggles NFT: Wash Trading Exposed

Bubblemaps exposed wash trading in the Squiggles NFT collection by visually demonstrating three primary wallets repeatedly transferring ETH among 25 wallets. This circular pattern artificially inflated trading volumes and floor prices, validating earlier findings by blockchain detective CoffeeZilla and protecting investors from manipulation.

These detailed case studies underscore Bubblemaps' real-world value in spotting hidden risks, revealing insider manipulation, and protecting investors from potential losses—without requiring advanced blockchain expertise.

The Bubblemaps Token (BMT) is central to the Bubblemaps ecosystem. It powers premium analytics features, community governance, and incentivizes user engagement through platforms like Intel Desk.

Following a successful IDO on Binance Wallet, Bubblemaps split BMT’s total supply evenly between two blockchains: BNB Chain and Solana. This dual-chain setup strengthens community participation and liquidity on both networks.

$BMT Token Utility

Holding BMT tokens unlocks several advanced features within the Bubblemaps platform:

Intel Desk Participation: Submit and vote on investigative cases, influencing the platform's focus areas.
Access to Premium Features: Enjoy advanced analytics, such as profit and loss computations, cross-chain analytics, and AI-powered cluster interpretations.
Incentive Mechanisms: Earn rewards for contributing to investigations and platform development.

Bubblemaps Tokenomics

Source: Bubblemaps on X

BMT has a total supply of 1 billion tokens, split evenly between BNB Chain and Solana, and distributed as follows:

Allocation on Solana

Initially, the deployer wallet held 757M BMT (approximately 75.7% of total supply).
348.8M BMT deposited into the Vesting Contract Operator on Solana, ensuring controlled token distribution based on the project's vesting schedule.
408.1M BMT bridged from Solana to BNB Chain using LayerZero OFT, balancing the total supply between both networks.
After successful bridging and distribution processes, the Solana vesting contract currently holds 384M BMT, reserved for gradual community and ecosystem distribution.

Allocation on BNB Chain

Tokens bridged from Solana (408.1M BMT) joined previously allocated tokens on BNB Chain, resulting in the following locked allocations (secured via Unicrypt):

Protocol Development & R&D: 60M BMT
Team (Present & Future): 90M BMT
Ecosystem & Community: 206.7M BMT
Liquidity: 51.45M BMT

Remaining tokens on BNB Chain are held by individual holders and represent the unlocked portion of the Ecosystem & Community supply.

By strategically splitting BMT across BNB Chain (the original launch ecosystem) and Solana (home to many active users), Bubblemaps aims to maximize liquidity, community involvement, and token accessibility, creating a balanced growth environment across both blockchain networks.

Utilizing Bubblemaps is straightforward and user-friendly. Follow these steps to get started:

Visit the Bubblemaps Website: Navigate to bubblemaps.io and click on "Launch App."
Select a Blockchain: Choose the blockchain network you wish to explore (e.g., Ethereum, Solana).
Search for a Token or Wallet: Enter the token symbol or wallet address in the search bar.

Explore the Bubble Map: Interact with the visual representation to analyze token distributions and wallet connections.

Utilize Advanced Features: If you hold BMT tokens, access premium features like time-travel analysis and AI-driven insights.

Bubblemaps brings several key advantages that make blockchain analysis easier and more insightful for you:

Simple Visual Analysis: Bubblemaps replaces confusing transaction logs with intuitive bubble visuals. You instantly see wallet relationships, token distribution, and market activities without needing advanced technical knowledge.
Detect Market Manipulation: Easily identify suspicious wallet activities like coordinated token dumps or whale accumulation. This helps you spot scams or risky tokens before investing.
Cross-Chain Insights: Bubblemaps supports Ethereum, Solana, BNB Chain, Avalanche, Polygon, Arbitrum, and more. Analyze multiple blockchains from a single platform, saving you time and effort.
Community-Driven Investigations: Through Bubblemaps’ Intel Desk, you can propose and vote on investigations. This democratic approach helps tackle fraud and boosts transparency in crypto.
Enhanced Security and Trust: By clearly showing wallet interactions, Bubblemaps improves trust among investors and reduces risks in DeFi and NFT markets.
Real-Time Data Access: Track token activity live, keeping you informed about market shifts as they happen. Make quicker, better-informed decisions.

intel Desk on Bubblemaps | Source: Bubblemaps

Bubblemaps is continually evolving, with several updates on the horizon. Here’s what you can expect next:

Bubblemaps V2 Official Launch: The upcoming Bubblemaps V2 will introduce advanced analytics tools. Features like P&L computation, cross-chain analysis, and AI-powered wallet cluster interpretation will enhance your experience.
Expansion of Intel Desk: Intel Desk will grow into a fully decentralized investigation hub. Holding BMT tokens will give you governance power to propose and vote on crucial investigations.
Strategic Partnerships: Expect more integrations with top analytics platforms, decentralized exchanges, and blockchain explorers. These partnerships will make Bubblemaps a seamless part of your crypto toolkit.
Enhanced Multi-chain Support: Bubblemaps will expand support to additional blockchains, increasing coverage and usefulness for diverse crypto communities.
Mobile Application: Bubblemaps plans to release a user-friendly mobile app, enabling on-the-go access to analytics and alerts.

Bubblemaps (BMT) simplifies blockchain analytics by turning complex data into easy-to-understand visuals. It allows you to quickly explore wallet interactions, detect market manipulation, and make more informed investment decisions. With community-driven features like Intel Desk, Bubblemaps promotes transparency and encourages active participation in crypto analysis.

As Bubblemaps evolves, its tools and integrations continue to expand, enhancing its value for both beginners and experienced investors. However, like all crypto investments, using Bubblemaps does not eliminate risks. Always do your own research, stay cautious, and assess your risk tolerance before investing in cryptocurrencies.

What Is Bubblemaps (BMT) and How to Use it for Blockchain Analytics?