Hello everyone in the forum, Walk with me as I share with us my little research on this topic.
DEXTools is a platform that provides traders with a comprehensive data insights to navigate DeFi markets by collecting data from various exchanges and networks into one interface.
Identified Problems before The existence of Dextools?
Before this, Traders/investors in the DeFi space often get incomplete data about liquidity insights, & rapid price changes. So the lack of real-time market data, would hinders your ability to make informed decisions in decentralized exchange while trading.
Who is behind DEXTools?
Javier Palomino and Pablo Ojanguren, both technology and finance experts, launched DEXTools to simplify DeFi trading. Their vision was to build a reliable platform that offers real-time market insights and makes DeFi more approachable and efficient.
Solutions Brought in by Dextools?
DEXTools serves as a comprehensive data for traders by offering features designed to make your trading smooth.
Real-time analytics: Provides immediate access to crucial market data to help users make informed decisions quickly.
Pool Explorer: This feature offers insights into liquidity pools, allowing traders to assess the depth and stability of the market.
Pair Explorer: Delivers detailed information on trading pairs, including price changes, volume, and historical performance.
Wallet Tracker: This enables users to view the transaction history and holdings of any specified wallet.
Cross-blockchain support: gives you a broader market analysis by supporting on-chain analysis and data from multiple blockchains. This increases the platform’s utility for users interested in diverse cryptocurrency markets.
Here is the Goodnews For Tron Users
Recently, there is an integration of Dextools with Tron via announcement.
How to access:-
And what does this means for us Tron users?
As we see around, it the memecoin session on Tron gaining momentum. This Dextools will be your best friend
to see all what is going on.
Tracking Trading activities/whale activity:-
Meaning large transactions, often made by “whales,” can significantly impact market sentiment and price directions
On the other hand a large sell order might signal an impending drop, allowing you to adjust your holdings accordingly.
Evaluating tokens with DEXTools Score:-
Assessing the different number of tokens in the DeFi space can be difficult and time-consuming. The Score rate tokens based on various metrics, including liquidity and trading volume. This way, it helps you identify high-quality projects.
Be first to stay updated at Dextools with you favourite memecoin on TRON. Example
This is such a nice summarization to digest , as Defi trader dextool and dexscreener sure, I think most people are not conversant with dextool, I prefer Dexscreener but as it stands now dextool has added some spices which is Tron landing in their pitch, so dextool here I come
All I’d say is dextools can make or mar you, do due analysis but monitor market patterns on a dextools if you’re in to make quick bucks on memes.
Basically, get in and get out so fast.
I have been on the research for dextools ever since I see the news that Tron is now a part of them, it is to me like a very good tool to have for everything crypto update and research, thank you
You have indeed cracked the DeFi data egg wide open with this breakdown of DEXTools.
For Tron users like us in this platform this TronDAO integration with DEXTools sounds like a match made in crypto heaven.
Imagine being able to track all that juicy memecoin action on Tron with real-time analytics, pool explorer insights, and that sweet, sweet Dextools Score,
It’s like having a buffet of data to make informed decisions about our next investment adventure.
Yes, I have used Dextools before on other chains before the Tron integration.
I have also found it to be a helpful tool for tracking and analyzing data on decentralized exchanges.
As for Tron meme coins, I have come across a few that have gained popularity in the Tron ecosystem, such as $TAMAGO and $TWT.
However, it’s also important to do thorough research and due diligence before investing in any meme coin as they can be highly volatile and risky.
Nice write up, personally i use dexscreener and not dextools.
But if tron meme season would be starting form dextools that means i have to look into too.