Stablecoin Balances Enriched (Solana)

The stablecoins_solana.balances_enriched table extends Solana stablecoin balances with address classification, whale flags, and a circulating supply flag.

Why these enriched tables matter

Stablecoin analysis comes down to two fundamental questions:

Where are stablecoins right now? (balances)
How did they get there? (activity)

This balances-enriched table answers the first question by going beyond raw balances and adding attribution for where capital sits: CEX, lending, treasury, yield, bridge, whale concentration, and more.

Table schema

Column	Type	Description
`blockchain`	`VARCHAR`	Chain name (`solana`)
`day`	`DATE`	Balance date (partition column)
`address`	`VARCHAR`	Wallet address
`token_symbol`	`VARCHAR`	Token symbol
`token_address`	`VARCHAR`	Token mint address
`token_standard`	`VARCHAR`	Token standard (`spl_token` or `token2022`)
`token_id`	`VARCHAR`	Always `NULL`
`balance_raw`	`UINT256`	Raw balance
`balance`	`DOUBLE`	Decimals-adjusted balance
`balance_usd`	`DOUBLE`	USD value
`currency`	`VARCHAR`	ISO 4217 code
`address_category`	`VARCHAR`	Address category (see below)
`address_subcategory`	`VARCHAR`	Address subcategory (nullable)
`address_project`	`VARCHAR`	Project/entity name (nullable)
`address_version`	`VARCHAR`	Project version (nullable)
`address_label`	`VARCHAR`	Label value (nullable)
`is_whale`	`BOOLEAN`	Address holds >= $10M total stablecoins that day
`is_circulating`	`BOOLEAN`	`true` when the balance contributes to circulating supply. `false` for bridge escrows (lock-and-mint, rollup-escrow, check-balance, non-minting subcategories), issuer bridge escrow, and CEX locked-token wallets. Use `WHERE is_circulating = true` to compute circulating supply.
`last_updated`	`TIMESTAMP`	Last balance update time

Address categories

Every address receives exactly one address_category — no double counting is possible by construction. When an address matches a curated label, that label wins. Unlabeled addresses fall through: >= $10M balance → unidentified_whale, otherwise → unidentified. When an address appears in multiple label sets, a fixed priority order resolves the conflict (table is ordered by priority, highest first):

`address_category`	Allowed `address_subcategory` values	Description
`bridge`	`bridge_liquidity`	Stablecoins escrowed or locked for cross-chain transfers.
`dex`	`dex_liquidity`, `dex_execution`	Stablecoins in decentralized exchange pools and routing contracts.
`lending`	`lending_liquidity`, `lending_execution`	Stablecoins deployed as credit in lending protocols.
`yield`	`yield_liquidity`, `yield_execution`	Stablecoins in strategy or wrapper contracts earning passive yield.
`issuer`	`issuer_operations`, `issuer_treasury`	Stablecoin monetary infrastructure — minting, redemption, peg management.
`treasury_or_governance`	`treasury`, `treasury_collector`, `governance`	Protocol-controlled capital for governance, reserves, or fees.
`cex`	`cex`	Known exchange-controlled wallets (hot and cold). Not user deposit addresses.
`burn`	`burn`	Irrecoverable token sinks (dead/burn addresses).
`unidentified_whale`	`unidentified_whale`	Unlabeled addresses holding >= $10M total stablecoin balance that day. Recalculated daily.
`unidentified`	`unidentified`	Addresses with no known classification.

As label coverage expands, new values may be added in backward-compatible fashion.

Methodology

Start from daily rows in stablecoins_solana.balances.
Join curated Solana address labels to assign category, subcategory, and project metadata where available.
Derive is_whale (>= $10M total stablecoin balance) and is_circulating (true unless the address is a bridge escrow / issuer bridge escrow / CEX locked-token wallet) flags per address per day.
Apply the priority waterfall for unlabeled addresses to maintain complete coverage.

Category totals should be interpreted as “where balances sit” rather than ownership or liability accounting. Labels represent the best-known economic function of an address and can evolve as coverage improves.

Sample query

SELECT
    b.address_category
    , b.token_symbol
    , SUM(b.balance_usd) AS total_usd
FROM stablecoins_solana.balances_enriched AS b
WHERE b.day = CURRENT_DATE
    AND b.balance > 0
GROUP BY b.address_category, b.token_symbol
ORDER BY total_usd DESC

Notes

For performance, filter by blockchain and day.
For circulating supply, filter WHERE is_circulating = true. For bridge exposure, filter WHERE address_category = 'bridge'. Both are intentionally retained in the table.

Curated Data

Solana

Hyperliquid

Non-EVM Networks

Protocols

EVM Networks

Partner Data

Dune Index

Stablecoin Balances Enriched (Solana)

Why these enriched tables matter

Table schema

Address categories

Methodology

Sample query

Notes

​Why these enriched tables matter

​Table schema

​Address categories

​Methodology

​Sample query

​Notes

Why these enriched tables matter

Table schema

Address categories

Methodology

Sample query

Notes