Corn Goes Live on Dune – Data Analytics Now Available for the First Bitcoin‑Secured Layer‑2
The Bitcoin‑focused DeFi network Corn, built on Arbitrum, is now accessible through Dune’s analytics platform, giving developers, investors and researchers a new window into the ecosystem’s activity and cross‑chain interactions.
Integration announced
Dune has added Corn to its data catalog, a move that “empowers the community to explore a unique Layer‑2 solution that leverages Bitcoin as gas,” said Fredrik Haga, co‑founder and CEO of Dune. The integration means that all on‑chain metrics generated by Corn can be queried, visualised and incorporated into custom dashboards on Dune’s platform.
What is Corn?
Corn is a network launched by Babylon that aims to bring Bitcoin‑backed liquidity to the broader DeFi landscape. Key characteristics include:
- Arbitrum‑based Layer‑2: Corn runs on the Arbitrum roll‑up, inheriting its scalability and low‑cost transaction environment.
- Bitcoin‑secured: The network is the first to be secured directly by Bitcoin, using a hybrid tokenised Bitcoin (BTCN) as its native gas token.
- Liquidity for BTC LSTs: Corn provides liquidity support for Bitcoin liquid staking tokens, enabling seamless participation in DeFi protocols.
- Bitcoin Clearing House: Inspired by MakerDAO’s Peg Stabilisation Module, the clearing house is designed to manage BTC‑price stability across the ecosystem.
- Strategic partnerships: Recent collaborations with Coinbase, LayerZero and Thorchain broaden Corn’s bridge and liquidity options.
- Phased rollout: The protocol is releasing modular components such as veStaking, an innovative Bribe Market and a suite of dApps, all intended to foster a community‑owned BTC‑Fi environment.
What Dune brings to the table
With Corn’s data now indexed on Dune, users can perform a range of analyses that were previously unavailable or required bespoke tooling:
| Capability | Example Use‑Case |
|---|---|
| Network activity monitoring | Track transaction volume, gas usage, and smart‑contract interactions to gauge overall network health. |
| Ecosystem growth tracking | Observe the onboarding rate of DeFi protocols, NFT platforms and other dApps built on Corn. |
| Cross‑chain interaction analysis | Examine how Corn’s bridges to Ethereum, LayerZero‑enabled chains and Thorchain are being utilized. |
“The availability of Corn’s data on Dune empowers our community to delve into the network’s metrics, fostering transparency and supporting the growth of a data‑driven ecosystem,” added Spadaboom, co‑founder of Corn.
Analysis
The addition of Corn to Dune’s catalog signals a broader trend: Layer‑2 solutions that anchor themselves in Bitcoin are gaining visibility on mainstream analytics platforms. By exposing granular data, Dune lowers the barrier for developers to build on Corn and for investors to assess risk and performance. The partnership also underscores Dune’s strategy of expanding beyond traditional EVM‑only chains, positioning the platform as a one‑stop shop for multi‑chain analytics.
Corn’s hybrid gas model—using tokenised Bitcoin rather than native ETH—could attract Bitcoin‑centric users who have long been hesitant to interact with DeFi due to high fees or custody concerns. The Bitcoin Clearing House further adds a stability mechanism that may appeal to institutional participants seeking predictable exposure.
From a market perspective, the Corn‑Dune integration may accelerate adoption of BTC‑secured liquidity primitives, especially as the network’s partnerships with major players like Coinbase and Thorchain mature. However, the success of the ecosystem will depend on the depth of dApp development, the robustness of the Bribe Market, and how effectively the clearing house maintains peg stability under varying market conditions.
Key Takeaways
- Corn is now searchable on Dune, enabling real‑time analytics of its Layer‑2 activity.
- The network is Arbitrum‑based and Bitcoin‑secured, using a hybrid token (BTCN) as gas.
- Liquidity support for BTC LSTs and a Bitcoin Clearing House aim to bridge Bitcoin holders to DeFi.
- Strategic partnerships with Coinbase, LayerZero and Thorchain expand cross‑chain connectivity.
- Dune users can monitor transaction metrics, dApp adoption and cross‑chain flows, facilitating data‑driven decision‑making.
- The integration reflects a growing demand for Bitcoin‑anchored DeFi analytics across multi‑chain platforms.
Next steps
Developers and data enthusiasts interested in adding other blockchains to Dune can submit proposals through the platform’s Data Request list or leverage Dune Catalyst for custom integrations. For those wanting to start building dashboards with Corn data, Dune offers documentation on creating dashboards and accessing the API.
The data must flow—now, with Corn on Dune, it does.
Source: https://dune.com/blog/corn-is-now-live-on-dune
