The Best 50 DeFi Tools To Find Crypto Alphas

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The-best-50-DeFi-tools-to-find-crypto-alphas

The ultimate list of the 50 most essential DeFi tools in 2023. From analytics to trading, discover platforms helping you find crypto alphas.

Navigating the DeFi ecosystem can be as complex as it is rewarding, making the right tools indispensable for anyone looking to leverage its full potential. As the landscape of decentralized finance is evolving rapidly, staying ahead means having access to the most efficient and powerful resources.

This guide is your essential toolkit, a selection of the 50 most essential DeFi tools that are indispensable for traders, investors, and DeFi enthusiasts. Let’s dive into the ultimate toolkit that will sharpen your edge in the DeFi space.

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Why use DeFi Tools?

DeFi tools harness the inherent transparency of blockchain to offer a level of accessibility and insight rarely found in traditional finance. With these tools, you can easily analyze market trends, secure transactions, and optimize your investment strategies by tracking large-volume trades, social metrics, and on-chain activities, all with the clarity and immediacy that only a decentralized system can provide.

Now, let’s explore the top 50 DeFi Tools to master your investment journey.

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Discover the top 50 DeFi tools in just 2 minutes. Source: Thuan Trang

Top 50 DeFi Tools To Master In Categories

Market Screening Tools

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  1. CoinGecko: A leading cryptocurrency aggregator providing comprehensive information on various coins, including price tracking and market capitalization.
  2. CoinMarketCap: Similar to CoinGecko, CoinMarketCap is a website that provides information and data such as prices, trade volumes, market capitalization on cryptocurrencies. 
  3. Coinglass: A cryptocurrency futures trading and information platform where you can find the liquidations, open interest, longs, and shorts ratios of top coins on various exchanges.
  4. DappRadar: A Dapps performance platform to track projects’ user statistics, number of active wallets, transactions, and more.
  5. CryptoRank: provides crowdsourced and professionally curated research, analysis, and market-moving news to help market participants make more informed trading decisions.
  6. L2BEAT: An analytics and research website about Ethereum layer 2 scaling. Here, you will find an in-depth comparison of major protocols live on Ethereum.
  7. LunarCrush: A social-listening AI-driven platform that leverages social media analytics to provide insights into market sentiment.
  8. DeFi Pulse: Keeps users updated with the latest news and trends in the DeFi space.
  9. CoinMarketCal: A reliable source for all cryptocurrency-related events and announcements.
  10. Token Unlock: A token unlocks calendar dashboard, where you’ll know which tokens and how many tokens to be unlocked in a certain period. You can subscribe for unlock notifications on-chain and intense tokenomics data analysis.
  11. Dropstab: A crypto aggregator that brings together data from multiple sources for a consolidated market view.
  12. Crypto Fundraising: Tracks the latest fundraising deals in crypto, including projects, funds, and venture firms behind the deals.

Fundamental Research

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Token Terminal Homepage.
  1. Token Terminal: A full-stack on-chain data platform focused on standardizing financial and alternative data for the most widely used blockchains and over 245 projects. You can look further into each project’s metrics, such as fees, revenues, active users, financial statements and more.
  2. Nansen.ai: Combines on-chain data with a massive database of over 300,000 wallet labels to give insights into blockchain behavior.
  3. Artemis Terminal: Serves institutional investors with data platforms tailored to their needs. You can easily compare and evaluate the performance of major blockchains across a variety of fundamental metrics and identify trends in developer activity over time. Artemis Activity Monitor segments user behavior to deeply understand behavior on major blockchains by categories, applications, and contracts.
  4. Dune Analytics: Acting as a community-owned database, Dune Analytics enables users to create and share analysis of blockchain data through customizable dashboards. At the moment, Dune only supports data crawling from some big chains such as, Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche,… etc.
  5. Santiment: Provides exclusive on-chain, social and development metrics, low-latency market signals, custom spreadsheet templates, and daily insights on the cryptocurrency, in a holistic market view.
  6. CryptoQuant: Provides on-chain and market analytics tools with top analysts’ actionable insights to help you analyze crypto markets and find data-driven opportunities.
  7. DeFilLama: If you are familiar with DeFi, DeFiLama deserves a bookmark on your browser. It is the biggest DeFi Total Value Locked aggregator, committing to providing accurate data without ads or sponsored content and transparency.
  8. Kaiko Data: Brings transparency to crypto markets with high-quality data, analytics, indices and research. Their trusted data solutions power use cases across the investment lifecycle.
  9. Footprint Analytics: Provides API and visualization tools to uncover and visualize data across the blockchain, including NFT and GameFi data.

Trading and Trading Management Tools

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Use DEXScreen to monitor and trade any tokens available on EVM-chain DEXs.
  1. Kyber Network: A trending multi-chain decentralized exchange (DEX) aggregator that connects crypto liquidity from different sources to enable trades at the best rates for traders.
  2. DexCheck: Provides traders with real-time data and analytics for DeFi and NFT markets.
  3. DEXTools: A suite of tools for DeFi traders to track pools, pair explorers, and much more.
  4. DexScreener: Offers live decentralized exchange trading data of mastered traders.
  5. De.Fi: A versatile platform that integrates various DeFi services and tools in one place. They provide dashboards to manage your assets while being aware of all their associated risks and being able to resolve them.
  6. chainEDGE: is the ultimate tool to find hidden gems. It programmatically curates the best crypto traders in the world to bring you digestible alpha. You’ll easily monitor the inflows and outflows of smart money, follow top crypto traders, dive into any wallet, and monitor their trading activity.
  7. CherryPick: a data platform that supercharges your trades with an on-chain analysis dashboard. It also spots top gainers so that you can get your moonshots with early buyers. You can create your alerts, so you won’t miss a single smart money movement.
  8. AlphaScan is a modular and decentralized alpha discovery platform with a Telegram-based trading bot. AlphaScan aggregates social data, individual transactions, wallets, and protocol data to figure out what’s happening with a token or give short-term predictions.
  9. Alphanomics: An easy-to-use intelligence platform that simplifies blockchain on-chain activities to provide fast, real-time, cleaned, and curated insights to help you track smart traders.
  10. Breadcrumbs.app: Offers tools for investigating and monitoring smart contracts and DeFi applications.
  11. CoinScan: A DeFi analytic tool that provides insights into smart contracts and token activities. You can regard this as a hub to track pending transactions, holder analytics, airdrop analytics, live developer transactions, token safety checks, and much more.
  12. Apy.Vision: Acts as a watchtower for liquidity providers, tracking your historical profit and loss across liquidity pools, farms, and vaults on 10+ chains.
  13. CryptoFees: An essential tool for understanding the fee structures across different DeFi platforms.

Security, Due Diligence, and Alert

  1. Token Sniffer: Detects scams and vulnerabilities in token contracts to protect users from fraudulent schemes.
  2. Whale Alert: Tracks large cryptocurrency transactions from and to exchanges. Simply following this bot on Twitter, you will be notified with whale money flow instantly.
  3. Crypto Miso: Ranks cryptocurrencies based on GitHub activity to gauge development progress.
  4. Honeypot.is: This page will help you detect Honeypot scams on the BSC chain with the highest accuracy.

Advanced Insights and Market Intelligence

  1. Messari Crypto: Offers in-depth research, data, and market intelligence.
  2. Delphi Digital: Provides cutting-edge insights and analysis on the digital asset market.
  3. Glassnode: Delivers in-depth on-chain market intelligence that empowers your decision-making with thousands of metrics and indicators for Bitcoin, Ethereum, DeFi, stablecoins, top cryptocurrencies, and derivatives markets.
  4. IntoTheBlock: Brings a 360 view of the crypto markets. You can explore indicators that use on-chain datasets to unveil fundamental analyses for more than 900 token, or use their AI tool to make directional price predictions when trading the top coins.
  5. Revelo: Crypto research platform with a dozen analysts producing high-grade reporting and analysis aimed at assisting you to stay ahead and generate alpha efficiently.

Portfolio Tracker and Money Flow

  1. Arkham Intelligence: This is a platform that provides information on the real-world entities behind addresses on the blockchain. It uses AI to process, classify, and display a range of on-chain data around tokens and entities to enable users to identify patterns and trace transactions while providing an overview of inflows and outflows. 
  2. DeBank: A Web3-native messenger and the best Web3 portfolio tracker that covers all your tokens, DeFi protocols, NFTs across all EVM chains.
  3. Scopescan: An entity-based blockchain analytics and investigation platform powered by 0xScope Knowledge Graph. Use Scopescan to discover opportunities by tracking market makers and funds movements.
  4. Zapper: It is a social Web3 explorer that allows users to follow the blockchain journey of other people in NFTs, DeFi and DAOs.
  5. LochChain: Aggregates wallet information to give a comprehensive view of your crypto holdings.
  6. HotContracts: Tracks trending smart contracts and provides insights into top rising tokens.
  7. Bubblemaps: the first supply auditing tool for DeFi tokens and NFTs. Their unique and colorful bubbles make on-chain data easy to understand. You can learn to investigate wallets, reveal connections, and see through the noise of blockchain data.

Conclusion

The DeFi space is a new, complex, and fast-changing ecosystem. Staying informed with the top DeFi trends and making the best decisions requires a robust set of tools. The 50 DeFi tools listed here represent the best of what’s available in 2023, providing a comprehensive suite for analytics, trading, security, and market intelligence. Whether you’re looking to enhance your trading strategy, safeguard your investments, or simply stay ahead of the curve, these tools are your gateway to mastering the DeFi universe.

Remember, the right tool can make all the difference in your DeFi journey. Equip yourself with knowledge, stay vigilant, and let these tools guide you to success in the decentralized world of finance.

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Disclaimer: This article serves informational purposes only and does not constitute financial advice. Conduct your own research before making investmendecisions.