Labeling

Blockchain makes it possible for anyone to access and share data, but that accessibility can make it challenging for users to understand the context around a given transaction. As for Solscan, part of our job in making Solscan the front page of Solana is to ensure that users can intuitively gain overview information at a glance. By deploying our latest feature, Quantitative Address Labeling, we believe that our users can have a better experience scanning addresses using our explorer.

So what is "Quantitative Address Labeling”? Quantitative Address labeling is how Solscan tags and identifies wallet addresses, based on different parameters such as:

The number of NFT transactions that an account makes,
The number of NFTs that it mints
Its NFT hold duration,
Swap volume,
The number of swap transactions,
and many, many more.

From the large on-chain database, the Solscan team has categorized user’s wallets into multiple groups, each representing a different type of user according to their on-chain behaviors and activities.

Example of an account with its NFT labels:

In the case of addresses with multiple categories for labeling, Solscan displays address labels in a priority-based order:

1st: Domain Name Service,
2nd: Project Name,
3rd: Exchange Name,
4th: Exploiter/Hacker tag,
and 5th: Solscan's Quantitative Labeling.

To explain what this Quantitative Labeling is, here is the list of all labels so far and their respective descriptions:

Labeling

NFT Labeling:

Defi Labeling #1:

Defi Labeling #2

NFT Labeling:

Defi Labeling #1:

Defi Labeling #2