Although Trend Defi has cooled down, the outstanding products of this wave are still very popular with users. Especially the Decentralized Exchange platforms, typically Uniswap, SushiSwap, 1inch Exchange, FalconSwap, … But when you have used these DEx platforms without knowing the following tools, it is truly a thing. waste. The tool I want to talk about here is Dextool , this is a tool that supports real-time data analysis, helping traders to have a reasonable strategy, see the signals from the market or also. like earning large price spreads. Based on taking data from blockchain of reputable DEX exchanges, which at the time of writing, UniSwap’s .

Then I will go into introducing the main functions of this tool, so that everyone can see the benefits that it brings.

DEXTboard

On this DEXTboard page we can see right in front of you that the Hot Pairs section is from the data that tool synthesizes and gives the hottest Pair, has the most exchanges and is most noticed by many people. It can help traders know which coins are of interest to the community, so they can find out what the internal technology of that coin is, have the opportunity to go to reputable CEX exchanges or not. … In addition, there is also information about the coins of the Hot New section is also quite useful. Currently, the new functions only focus on getting data from Uniswap and according to the display of DEXTboard, in the near future, they will be integrated from many other DEX exchanges such as SushiSwap, IDEX 2.0, MoonSwap, Kucoin.

Pool Explorer

The Pool Explorer function will display all pairs with information of that pair, when it was started, how much token amount was, how ETH amount was, how much price has changed. hundred, the current token’s USD price, … A lot of information.

From here the user can check the pair’s information or switch to the DEX exchange to trade. The search bar also incorporates pair filtering by pair types.

For example, when we filter to find recently new pairs ( New ). We found a new pair, the fDAI token that initialized 58 minutes ago

Dextool also integrates the rating and displays low score warnings for pools with low liquidity, little information about websites, email contacts, … These criteria will show for everyone later. people in the Pair Explorer section. So when there are warnings like this, everyone should pay attention before trading.

The above also has the View last 2h and the View last 4h to filter out new pairs that also provide liquidity in the above period.

In addition, each pair will also have Actions for users to manipulate such as: Filter by Symbol of pair, Buy token on UniSwap, check contract pair on Etherescan, see if the liquidity is blocked or not, or switch to Pair Explorer for a more detailed view of pairing information and real-time price charts.

Pair Explorer

Here will display the details of the pair such as pool address, website, add token to metamask, telegram group, twitter page, … And importantly the token price chart, this is integrated like TradingView can use indicators, indicator tools.

Score Pair

Well I will say more clearly the formula of Pair points, the more Dextool will analyze from the information about the token they collect, the longer the information bar will be, followed by indicators such as the number of transactions performed. shown on pair, the number of holders holding tokens, …

Along with that is the rating of the community like votes like or dislike to give some credit score indicating the reputation of the pool. This is very important because DEXs are decentralized so anyone can list their tokens on the blockchain network, which is unavoidable in many cases of mining fraud (Scam).

Share Pair

There are also additional actions such as sharing pair on social networks, adding pair to the favorites list, or you can switch to Uni to trade.

Those are the features on the upper part of Pair Exlorer , the lower part will be a list of transactions along with great features.

My Positions

This is visible to the free account so we won’t get the advanced features. For example, when calculating My Positions , you can mark that it is the transaction you bought with amount, USD price at that time, the price in ETH at that time, in addition the user can also change the value of the part. marked that. The next time you buy, the user can compare whether he has made a profit or a loss.

Price Alert

Feature to set notifications (Price Alert) , for example, you want to place information when the price is at 0.1 as the example below, the tool will shoot to let you know, helping you to check the chart continuously. But since this is a notification in the browser, to receive this notification you need to open the browser, but if it turns off it will not be able to fire the notification.

Bot / Smart Contract

Feature of detecting transacions from smart contracts or bots. Dextool can detect transactions of this type and display them to the user.

Follow Maker in Pair

The maker’s profit / loss tracking feature in that pair, then dextool will follow the address that the user pined to find out all the buy / sell trasaction of that maker in that pair and sum it up as follows. A total of 613 tx and either Price min / max with USD or ETH respectively, amount of ETH bought and sold.

Show Front Running Bot

Add Wallet Favorites

The paid features of Pair Explorer also add an address – wallet section, you can see they trade with a pretty good profit, or mark the addresses that are likely whales. By using the Add Wallet Favorites feature .

In the Wallet Info section, the user can see which tokens, amount, amount, value in ETH or USD are owned by the wallet owner.

Save a name for the wallet

When entering pairs that have the occurrence of that address, the following will be displayed

Big Swap Explorer

In this page Dextool will update the latest transaciones with a value of 10,000USD or more. These transactions can have a large impact on the price of small pairs, or it can also be a signal from a whale. Users can also filter by Symbol or the value of the transaction.

Multiswap

Usually in the browser to be able to swap many tokens at once, you will need to open multiple tabs or manually wait for the swap to complete, then switch to another token. To minimize tab switching as well as update continuous pair changes, Dextool has a MuiltiSwap feature, so that users can swap multiple pairs at the same time.

Configuration And User Account

Configuration enables notifications as well as hot pairs

Information about the wallet address as well as features of the premium plans

And here is the price list

Conclude

Dextool is a very useful tool for those who are trading, investing, making price differences on DEX platforms with the IDO projects being listed continuously today. Hope that the article can help you get a more detailed understanding of this very useful trading aid.