DexTools | CoinNav- Blockchain Trading Starts Here

DEXTools is an application and ecosystem that provides traders with all the information about decentralized markets. By integrating blockchain data into a unified user interface, DEXTools offers a comprehensive view of investment, trading, and the current state of the cryptocurrency market.

DEXT is a native utility token used for:

Holding or subscribing to the top-tier features of the DEXTools application.
Accessing advanced trading groups and community activities such as DEXT Force Ventures.

The DEXT toolkit includes:

Pool Explorer: You can track changes in liquidity and the formation of new pools on decentralized exchanges.
Pair Explorer: You can view charts and trading data for tokens, as well as assess project credibility and metrics.
Wallet Insights: You can track and follow the wallets of traders you're interested in.
Big Swap Explorer: You can track whale trades and large transactions.
Multiswap: Multiple DEX gateways are available to improve trading responsiveness.

The Current Circulating Supply of DEXT Tokens

According to the information provided, the total supply of DEXT tokens created during the public beta release of the DEXTools application in June 2020 was 200 million tokens. 50% of the team funds (50 million) have been burned, leaving a remaining total supply of 150 million DEXT. Additionally, 10% of the subscription tokens used for DEXT features are burned monthly by the DEXT team, making it a deflationary system. Currently, there are 100 million tokens in circulation.

The founders of DEXTools

The founders of DEXTools are Frederick and Javier, who are experienced traders and developers. They established DEXTools in 2020 and self-funded the project. They first met in a community of traders in 2017, and after years of friendship, they decided to launch DEXTools together.

The current Chief Technical Officer, Pablo, joined the team one month after the launch and laid the foundation for the project's development.

DEXTools has been adopted by the DeFi community to such an extent that it has become a central hub for DeFi trading today.

What makes DEXTools unique

DEXTools stands out with its robust infrastructure that enables the provision of reliable and real-time data. The development of DEXTools has been partly driven by community feedback, with initiatives such as DEXT Force and DEXT Force Ventures being supported by the company.

Thanks to the hard work of the team, DEXTools has evolved into what it is today, with six skilled team members and two advisors, serving over 5 million independent users in the past month.

DEXT can be traded on an increasing number of exchanges, including both cryptocurrency and stablecoin platforms.

What does DEXtools offer?

DEXTools allows token traders to gain better insights into different tokens. The platform ranks tokens based on various data metrics and also allows the community to contribute to the rankings. Community rankings can be viewed under the "Community Rankings" section on the website. Additionally, detailed tokenomics information such as liquidity, supply, and real-time prices can be accessed.

One of the advanced features in the Trading section of DEXTools is the display of all trades, including their size, timestamp, addresses, and prices. This information can be utilized to assess trading opportunities and learn from successful traders.

How to use DEXtools?

DEXtools.io has a "Launch App" button. You can use it to access the homepage of the DEXTools application. Please see the example below.

DEXtools overview

On the left-hand side, you can see there is a section for Uniswap tools and a section for Sushi tools. DEXTools analyzes these two DEXs on the Ethereum network. In the future, DEXTools will integrate more Ethereum DEXs. Apart from the Binance Smart Chain and Polygon mainnet, DEXTools has also expanded to the Binance Smart Chain.

Why DEXtools

Most websites that display token price listings have the issue of being several minutes behind real-time prices. However, this is not the case with DEXTools. You should check the prices here before purchasing tokens. This feature can save you a lot of money if you are dealing with highly volatile tokens and give you more confidence in your trades.

Trending coins can be found in the middle section of DEXTools. This section is useful if you want to jump on the next trend or simply want to see the current flow of funds.

Charts and tokenomics

To access the charts and tokenomics for a specific token, you can enter the token's name or contract address in the search bar of the DEX you are using. It is important to use the correct name and address as there are many fake coins and tokens in circulation.

Transaction overview

When you scroll down from the charts, you will see more information about buy and sell orders, including wallet addresses and the amounts of tokens bought and sold. The table below displays each transaction for the token, including the quantity and price (as shown below).

DEXtools provides real-time display of these transactions based on the blockchain. With some experience, you can use this tool to understand the buying and selling activities and quantities of whales. You can also review your own transactions here.

Summarize

Trading on decentralized exchanges requires understanding DEXtools. Before purchasing tokens, it is always advisable to check the real-time prices. Learning how to use the platform has many benefits and can give you an advantage needed for success.

Updated on February 23, 2023.

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