Roo's All-In Giveaway, $300,000 in Prizes
1.5 k views

The Best Crypto Tools to Track DeFi Projects

When determining the hottest DeFi projects, you need to use every tool. The market has seen considerable growth over the last year. As a result, there are now more networks, features, and services than ever. However, sorting through these projects’ hype and technical jargon may be a bit much for those new to DeFi. 

New investors can feel overwhelmed by the sheer pace of DeFi’s growth. Luckily, today, some tools in the market allow you to judge projects purely based on technical indicators. These next-gen platforms were built from the ground up to help remove the mystery behind DeFi and strengthen your investment strategy. 

Dextools

DEXtools is a responsive trading interface that simplifies your DEX trading experience. The interactive interface provides you with all the information you need to create complex and effective DEX trading strategies on Uniswap, and soon, more DEXes will be integrated. In addition, the interface helps new investors avoid dumps by introducing features such as social trading.

Social trading features allow you to copy professional traders to understand the market better. These systems allow users to learn and earn simultaneously. As such, Social trading features are in high demand currently. DEXtools also introduces powerful market data.

For example, the Uniswap Pair Explorer feature allows you to track all pairs easily. You can monitor transactions and add new pairs with a click. Best of all, the data is displayed in customizable real-time graphics. A Pool Explorer feature also allows you to track new pools. This feature introduces a customizable filter to avoid scams and find the true value in the market. 

Unicrypt

Unicrypt is another DeFi tool that has helped secure the network in new ways. Unicrypt is a locking mechanism that allows new projects to build investor confidence in their goals and pools. This token launch and liquidity lock mechanism has seen considerable growth over the last six months because it reduces the risk of exit scams.

Unicrypt was built to work directly with Uniswap’s liquidity pools. Projects and users benefit greatly from using this network. New projects agree to a lockup period and lock their pools using Unicrypt’s protocol. Investors rest assured that there is no way for these funds to be accessed before the agreed lockup period. In most cases, this lockup is 1-2 years.

Unicrypt users also gain access to a powerful interface. This portal allows investors to sort through Uniswap pools using a new filter set to see what projects utilize Unicrypt to lock up their funds. Sticking to these pools provides investors with a reduced risk of rug pulls. Unicrypt rewards farmers for providing liquidity to Uniswap using UNCX and UNCL pairs. In this way, the platform provides services for all aspects of the DeFi sector. 

DeFi Pulse

DeFi Pulse is another advanced interface that streamlines the entire UX. This protocol tracks ETH DeFi Token Liquidity pools. You can monitor and search through the pools using value and market share filters and even set your categories.

The main draw to DeFi Pulse is its simple interface. This window removes the technical barriers associated with DeFi investing. You can execute your DeFi staking actions in seconds once this handy tool is up and tweaked to your specifications. You can also monitor interest-earning accounts from this online portal. 

One of the best features of DeFi Pulse is its DeFi list. The developers managed to gather a very comprehensive list of DeFi platforms. They are organized by category with clickable links to each one. This list is valuable to anyone trying to organize a comprehensive DeFi investment strategy. 

Whois0x

Whois0x is another tool that has helped investors stay ahead of the curve. This cloud-based interface allows you to search wallet addresses and their linked social media accounts. You can then cross-reference this data to see what projects have the moment to succeed. 

The platform shows many valuable stats in this regard. There is also a full Ethereum block explorer at your fingertips. In addition, you can track all market movements across digital assets, including NFTs, aggregated DeFi positions, pool returns, and lending rates. 

Whois0x users have links to participate in the most popular DeFi protocols, including Compound, Uniswap, and MakerDAO. You can also trade Tokensets strategies and Synthetix digital assets. Whois0x doesn’t require downloading or installing software and can be accessed from any smart device. 

Tools to Check Out DeFi Projects

Bitcoin live price
Btc
Bitcoin
$26.224
price
0.14927%
price change
TRADE NOW

Now that you have a firm grasp on the best tools to check out DeFi projects, you are ready to start earning. DeFi is just starting to take flight. The market can expect considerable growth this year as more features, and higher ROIs continue to drive investor interests to new heights. 

Stay up to date with our latest articles

More posts

Why SolidProof Stands Out in the Blockchain Security Landscape

SolidProof - a registered security company from Germany - has announced the imminent release of an updated version of its SolidProof Automated Audit Tool (SAAT). This unique blockchain industry product supports decentralized finance (DeFi) growth, enabling projects to minimize security threats. An upgraded SolidProof App is also ready to roll out with new and exciting features, cementing SolidProof’s place in the top tier of blockchain security providers. Increased Challenges for DeFi Security Decentralized finance has evolved on top of blockchain…

Top 5 Crypto Audit & KYC Providers on Arbitrum

The days of unaudited projects, suspicious developers, and unverified investors running havoc in the crypto space are over. Today, the industry’s main actors agree that only complete transparency and security can help blockchain fulfill its latent potential. That’s why audit and KYC companies are central to building a safe and reliable Web3 environment for everyone. New projects can rely on crypto auditors to build better smart contract codes. Meanwhile, development teams can pass Know-Your-Customer (KYC) verification to ensure potential investors…

What Happens When a Stablecoin Loses Its Parity (Depegging)?

Have you heard of stablecoins, the digital currencies designed to maintain a stable value? Stablecoins have become increasingly popular, and many people consider them an attractive investment option. But what happens if a stablecoin loses its parity, and how does it impact investors?   Understanding the General Concept of Stablecoins Before discussing a stablecoin losing its parity, we first need to grasp how these tokens work. Stablecoins are cryptocurrencies tied to fiat currencies like the U.S. Dollar or Euro. This means…

How to Get Your Smart Contract Audited in 2023

To ensure the security of their smart contracts, companies are increasingly turning to third-party auditors. This is not surprising, considering smart contract auditing has become vital to blockchain development.  With smart contracts playing an ever-increasing role in the digital world, ensuring they are secure and reliable is essential. Today we’ll explain what to look for when choosing an auditor, how long the process takes, and what auditors examine. We will also outline the results of an audit and how to…

DeFi Scams – Most Common Scams in the DeFi Space

Defi scams are, unfortunately, all too common. This article looks at popular Defi scams, how they operate, and how to protect yourself. We'll also provide tips on what to do if somebody scammed you and how to report a scammer. Finally, we'll discuss the implications of DeFi scamming and present examples of successful prosecutions. What Are DeFi Scams, and How Do They Work? Decentralized Finance (DeFi) is a term that has gained enormous popularity over the years. DeFi is the…

Here are the Benefits of Auditing Your Smart Contract with SolidProof

Auditing a smart contract is vital to ensure that the code functions as intended. SolidProof offers a wide range of services to help with this process. In addition, the company guarantees a sound audit process and an experienced team of auditors.  Here are the benefits of auditing a smart contract with a reputable company such as SolidProof: A wide range of services: SolidProof offers a wide range of services to help with the audit process, including code review, security analysis,…

Smart Contracts Vulnerabilities Specific to The DeFi Space

As the financial world moves increasingly online, ensuring that all transactions run securely is becoming increasingly essential. One way this is possible is through the use of smart contracts.  Smart contracts are computer programs that automatically execute the terms of a contract. They provide a secure way to conduct transactions without relying on third-party intermediaries.  While smart contracts offer many advantages, they are also vulnerable to attack. In this blog, we will explore how attackers can exploit vulnerabilities in smart…

Real Yield: The Top DeFi Tokens for Generating Actual Revenue

This year’s brutal bear market has claimed a sizable batch of crypto startups and nascent coins. To weather the volatility, the long-term believers in decentralized finance (DeFi) are in search of one thing: “Real Yield.” The term has grown in popularity among those looking for hidden gems in the market for decentralized finance applications. But, more importantly, it marks an appetite for responsible crypto investment opportunities that can outlast a turbulent market cycle.  So what exactly is “real yield” in…

Get Top Notch Smart Contract Audit and KYC Services for your Crypto Project with Solidproof

Solidproof is one of the top auditors in the crypto industry, with an increasing offer of smart contract auditing, KYC, and marketing services. The German company has developed quickly since its inception in 2021, building a vast portfolio of prestigious and successful clients. The DeFi space is a nourishing environment for crypto and decentralized finance projects. However, it is also a breeding ground for scammers, multi-million hacks, fraud, and money laundering. Protocols running on faulty codes risk exposure to cybercriminal…

How Does KYC Work in the DeFi Space?

Decentralized finance (DeFi) has the potential to reach mainstream adoption and empower people worldwide financially. However, without regulations and identity control, it can easily become a platform for scams, fraud, and money laundering. The paradox is that by introducing stricter control on who can access DeFi products, the industry loses its "decentralization" factor. After all, this is what set it apart from traditional centralized finance (CeFi) in the first place. This is where KYC (Know Your Customer) standards come in…