Each area has its own guidelines, which in the world of the Internet are called news and information aggregators. A new market like DeFi cannot be an exception, services have been introduced in a matter of seconds, which are designed to simplify the lives of investors, traders and interested parties, I have now summarized these.
1. DeFi Pulse
In the name of the service, the word pulse is not a coincidence, it is really their goal to keep their hands on the market, they do it skillfully. Clean, easy-to-understand interface, practical, simple and easy-to-digest information.
In many cases, it is enough to look at the opening page of DeFi Pulse , as we can immediately see the most important corner numbers of the market, the total amount of capital in DeFi projects, and the dominance of the current market-leading project. The latter feature comes from the “general” cryptocurrency market, as the dominance of bitcoin is an important indicator that we should always be aware of.
In addition, we can see the DeFi market divided into categories, lending, trading (DEX), derivatives, assets, etc., we can see the power relations for each group, more precisely all the projects, listed by amount of capital.
But it's not over yet, whatever the category, you can choose a specific project, read its data sheet, and see your life so far on a graph.
2. DeBank
This service primarily offers wallets for various DeFi tokens, but there is more to it than that. Like the DeFi Pulse system, you can learn general information, such as the total amount of capital currently in DeFi tokens, as shown in a graph.
With the help of DeBank, we can also find out more detailed details, such as the average interest rates for DeFi projects dealing with lending, whether it is lending or borrowing. In addition, we also receive offers in the form of “projects of the week” and other highlights. However, these are not paid ads, but an editorial offer.
A separate section deals with yield farming services, ie exactly what returns we can realize by filling in the liquidity pools of each DeFi project, in the form of passive income. Of course, there are also complete lists that can be filtered by category.
3. DexIndex
A tool that can help us trade specifically on DEX services is to help us find the best possible price for a token. We need to specify exactly which token and exactly how much we want to buy, after a quick search, a short wait we can already see the best deals that are currently available in the DeFi market.
We can’t say more about this service, as it’s the only tool that’s waiting for those interested, but it could easily be that you don’t need more than that, as it has practical, practical benefits. You can save money by using DexIndex , it’s worth a try for anyone interested in the area.
4. DeFi Review
It’s a great tool for those who belong to the so-called visual type, although we have to add that the visual representation, the world of graphs, helps everyone, it’s because of the way the human brain works. That’s why its excellent side is DeFi Review , “tiles”, bar and pie charts to get a round full overview of the market.
We can see, among other things, how each type of DeFi service, lending, DEX, etc., is proportional to each other, in which how much capital there is compared to the others, which one has a weight in the market at present. In addition to all this, of course, they are waiting for the whole market, with a list covering all the projects, so that we can easily and quickly review everything we need.
5. LoanScan
This platform focuses specifically on lending, more specifically to compare the options of different lending services. If you are looking for a cryptocurrency-based loan, you should definitely use the LoanScan site. Easy to use, easy to understand, simple interface.
6. Token Terminal
Another information aggregator, however, this system focuses on deeper information than most of its competitors. At the Token Terminal , they operate mainly with bar charts, but they also allow for daily, weekly, 30-day breakdowns for the convenience of users. In addition, there is a list view, of course we can see and filter the complete list of tokens, by capital value, price per token, change in value over the last 24 hours, among other aspects.
There are other tools in the sea of the internet to help you navigate the DeFi market, I tried to gather the best, the easiest to use, of course keeping in mind that information content is most important. Hopefully, I have provided tangible help to navigate this new market.
Thank you so much for reading my article👍👍👍👍
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