Wallet Analysis

Zerion - Wallet Analysis Translation site

Zerion is one of the top DeFi tools available for individuals to leverage.

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Zerion - Wallet Analysis

What is Zerion?

Zerion is a non-custodial DeFi dashboard that provides users with a set of DeFi tools to make everyday investing easier. It can be used for portfolio management, executing multiple transactions from one interface, and discovering new investment opportunities through the tracking tools provided by Zerion.

Zerion - Wallet Analysis

How to use Zerion?

Interacting with Zerion is fairly simple. Just go to the homepage and connect your wallet. The network you're on doesn't matter as Zerion is a multi-chain application.

Zerion - Wallet Analysis

Zerion supports multiple wallets, but if for any reason you don't want to connect it to the website, you can still manually track your portfolio by searching for your wallet address or ENS name.

Zerion - Wallet Analysis

Once your wallet is connected, you'll be able to see your complete investment portfolio or choose a specific chain to track on this dashboard.

Just like any other dashboard, Zerion may not be as precise as you'd like it to be, but it still provides a clear overview of your DeFi investment portfolio and NFT

Zerion - Wallet Analysis

Users can make the most of this DeFi dashboard by utilizing the available options on the left side of the screen.

Zerion - Wallet Analysis

Zerion provides an overview, history, and investment sections for portfolio tracking and investment purposes. It offers a wide range of categories for existing investment opportunities, organized based on their use case and category.

Zerion - Wallet Analysis

Other options allow you to view your NFT collections, track the current value of your NFTs, perform exchanges, and add items to your watchlist.

Similar to Zapper, users can directly deposit funds into savings protocols and borrow assets based on their collateral directly from the dashboard. Token aggregation is also available through a one-click solution.

One distinctive feature of Zerion is the ability to track the value of LP tokens on Uniswap and many other decentralized exchanges (DEXs). For example, if you have assets in the ETH/BTC pool but are unsure of their USD value, it is easy to find out through Zerion.

Simply search for the currency pair and multiply the price by the number of LP tokens you hold. In this case, if you have 2 LP tokens, your underlying USD value would be slightly above $8,000.

Zerion - Wallet Analysis

Finally, Zerion also serves as an on-ramp for cryptocurrencies, providing simple onboarding solutions directly within the dashboard.

Zerion - Wallet Analysis

Conclusion

DeFi dashboards still have a long way to go in terms of development and interoperability to become a reliable tool for every DeFi investor, but even in their current form, they can provide value and save time.

Having one-click solutions streamlines many processes in DeFi and allows complete beginners to participate in decentralized finance. Most importantly, simplified portfolio tracking enables better investment decision-making, and Zerion does a good job in providing this information.

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