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DEXTools is a trading analytics app designed to enhance the user experience on decentralized exchanges by providing advanced tools and analytics. DEXTools aims to simplify navigation and decision-making in the DeFi realm. [1]
DEXTools offers a suite of tools for navigating the DeFi ecosystem, including real-time pricing data to aid in informed trading decisions and avoid overpaying. The platform highlights trending tokens and trading pairs and allows users to filter search results by various criteria, such as network and trading volume. It features a pool explorer to monitor liquidity trends and provides educational resources like tutorials and guides to help users understand DeFi concepts and strategies. [2]
The DEXTBoard, the app's main landing page, displays ranking tables for tokens, pairs, and pools, allowing users to explore details by clicking on specific listings. From this page, users can switch blockchains, adjust app settings, and access the user menu, where they can upgrade their account or access additional features in the user area for paid and premium users. [3][4]
The Pair Explorer provides real-time analytics for trading pairs across decentralized exchanges. Users can track any token pair's price changes, trading volume, liquidity, and transaction history. For instance, monitoring an ETH and DAI pair allows users to identify trends or potential reversals, such as a spike in trading volume signaling possible price movement. The tool enables searches for any token and its pairs on supported DEXs, offering detailed charts and analytics for selected pools. Users can also access other users' transaction history and reliability scores and view their positions and interactions with the pool. [3][4]
The Big Swap explorer monitors real-time transactions made by crypto "whales," whose large trades can significantly impact market prices and sentiment, especially in low-liquidity tokens. By identifying these transactions, traders can better anticipate market movements, potentially capitalizing on price increases or adjusting their holdings to avoid downturns. [3][4]
The DEXTools Token Creator enables users to create their tokens quickly and securely. It offers an easy-to-use platform with customizable options for token creation, including fees and mintable features. The service provides a safe environment, supported by DEXTools' audits, to help prevent scams and enhance visibility for projects. Token creation costs vary based on the blockchain; users will see the final price during the process. Currently, tokens can be deployed on major blockchains such as Ethereum, BNB Chain, and Polygon, and more platforms can be added upon request. [5]
Multichart in DEXTools allows users to configure up to ten charts for token pairs on blockchains and exchanges. The feature includes asset search and filtering by blockchain and trading venue. Charts are adjustable with options for time parameters and types and provide tools and indicators such as volume profiles, moving averages, and Fibonacci retracements to assist in technical analysis and trend identification. [4]
Technical analysis in crypto involves examining historical price charts and trading volumes to forecast future market trends. Traders use indicators and tools, such as moving averages, relative strength index (RSI), and Bollinger Bands, to identify trends, support and resistance levels, and potential buy or sell signals. For example, a trader might buy Bitcoin when the RSI shows oversold, indicating a possible price rebound, or sell Ethereum when it reaches the upper Bollinger Band, suggesting it may be overbought. Recognizing these patterns helps traders make informed decisions and increase the likelihood of profitable trades. [6]
DEXTools functions as a trading platform, integrating with decentralized exchanges (DEXs) to enable direct token swaps within the app, reducing the need to switch between exchanges. The Multiswap feature optimizes trades by finding favorable exchange rates across DEXs. It allows users to configure the interface with up to ten tokens for quick swaps on a specific exchange and blockchain, connecting through the relevant exchange's API. [3][4]
The DEXTools Trading Simulator is designed to help traders learn and practice DeFi trading without financial risk. It provides access to a wide range of tokens and real-time information, allowing users to test strategies with live prices, market cap, and liquidity data. The simulator tracks and analyzes trades, offering insights into performance without any financial consequences. It provides a risk-free environment for mastering DeFi investments and features a user-friendly interface for quick and efficient trade execution, all at no cost to the user. [7]
DEXTools Academy is an educational initiative aimed at helping users learn about cryptocurrency and the DeFi ecosystem. Through its YouTube channel, users can access tutorials on using the DEXTools platform, stay informed with relevant news, and explore educational content on cryptocurrencies, including free Learn-To-Earn videos suitable for all skill levels. [8]
The DEXT FORCE Festival is a two-day event celebrating innovation and decentralization. It features cutting-edge technologies, inspiring speakers, and a vibrant community. Hosted at La Llotja de Mar in Barcelona, it offers networking opportunities and entertainment, including performances by renowned artists. The festival, organized in collaboration with Bitbase, is open to crypto enthusiasts and those interested in blockchain and Web3 technologies. [9][10]
DEXT is the utility token of the DEXTools platform, available on both the Ethereum network as an ERC-20 token and the Binance Smart Chain as a BEP-20 token. Holding DEXT grants access to premium features and community projects like DEXT Force Ventures, with premium members receiving additional tokens tied to subscription payments. DEXTools launched with 200 million tokens, half allocated to the team. DEXTools later burned 50% of their tokens, reducing the total supply to 150 million DEXT. The platform now follows a deflationary model, burning 10% of monthly tokens for fee-based features. [4]
DEXT has a total supply of 150M tokens and has the following distribution: [11]
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August 26, 2024
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Edited By
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August 26, 2024
$0.581936
2.46%
$45,673,219.00
2.46%
$114,279,913.43
2.46%
$87,738.82
31.66%
$0.581936
2.46%
$45,673,219.00
2.46%
$114,279,913.43
2.46%
$87,738.82
31.66%
DEXT
USD
DEXT
USD