Defi Analytics Best Tools To Keep Track Of Defi Ecosystem

4 min read

The Explore Yields tool is another key component of the De.Fi DeFi Tool Suite. It offers users a powerful resource for navigating the yield farming landscape. The transaction tracker provides a detailed history of these activities, offering insights into the performance and activity levels of the user’s investments. This DeFi analytics tool is indispensable for those looking to analyze their DeFi strategies and optimize their portfolio performance. One of the distinguishing features of the De.Fi Portfolio Tracker is its support for a wide array of networks, including but not limited to Ethereum, Arbitrum, Solana, and Polygon.

So, explore the options, choose the one that aligns with your strategy, and let your DeFi portfolio tracker be your guiding light in the crypto universe. This not only provides valuable insights into market trends but also helps one make informed investment choices by observing the strategies of experienced investors. Securely track all your wallets & manage all your crypto, NFT & DeFi assets. As the crypto bull market heats up, more investors seek to navigate the burgeoning world of decentralized finance (DeFi).

The platform also supports viewing collectibles, which is a much-needed feature for any dashboard today. You should try DeBank that supports BSC, ETH, Polygon, xDAI, FTM, Avalanche, HECO, and Okexchain. Zerion is the easiest way to track, build and manage your entire DeFi portfolio from one place. You can connect any wallet you own or add the ETH or ENS address to track your wallet portfolio. According to last research, 15 DeFi platform defillama arbitrum hacks in 2020 caused users to lose $120 million. At this stage, the development team brings to life the UX/UI design, functionality, and back end of your platform.

Tools like CoinGecko, CoinMarketCap, and DeBank provide real-time data on token prices, market capitalization, trading volumes, and price charts. Users can track the performance of DeFi tokens, assess historical trends, and make data-driven investment decisions. You must be aware of the kind of access you're giving to your portfolio tracker. CoinStats, for instance, applies the highest standards of security, protecting users from both internal and external threats. Plus, for most of our functionality, we require read-only access to your cryptocurrency portfolio, making the risk of your data being hacked or otherwise compromised basically zero.

DeFi tracking with Dexfolio aims to change the problems in the marketplace with a sleek UX/UI design built by crypto traders for crypto traders. Extensive community consultation has allowed us to understand what traders want and what is lacking in the current market offering. Our focus has been to put people first, resulting in an application that is user-focused from top to bottom. CoinSutra does not recommend or endorse specific cryptocurrencies, projects, platforms, products, exchanges, wallets, or other offerings. Opinions shared by CoinSutra writers are their personal views only and should not be relied upon for financial choices.

The selection of top DeFi tools is essential to ensure that you can access the actual value benefits of DeFi seamlessly. Zapper is a fintech platform based in Canada that aims to simplify DeFi asset management. It allows users to monitor their holdings and perform trades through decentralized exchanges (DEXs). Zapper has garnered significant attention, raising an impressive $17 million in funding for product development. These trackers serve as a financial command centre, aggregating data from various wallets, exchanges, and blockchain networks into a single, user-friendly interface.

Just keep in mind that you can only run three queries at a time for free. And since it lets users connect with multiple DEXs, it’s the swiss-army-knife of crypto wallets, compatible across various DeFi platforms. Keep in mind — this list doesn’t include Zapper, Zerion, or DeBank, which are all powerful tools for tracking and trading your DeFi assets. DeFi services are stored on the blockchain through “smart contracts,” which first automate, then monitor the agreement terms between each party of a transaction.

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