Build your own defi company: list of the best 9 analytics tools

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.

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.

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 defillama arbitrum 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.

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.

Defi tools include decentralized oracles, dapp templates, relayers, gas tools, mev tools, web3 bridges, mev analytics tools, token price apis, analytics tools, quest-to-earn tools. Defi, often called crypto’s “wild west” of finance, is still unregulated, prone to security issues that leave you unprotected if you’re not taking proper precautions. Each cryptocurrency investor has a different strategy and owns a different portfolio, which are the two most essential aspects when deciding the right defi websites to use.