DEXTools is the go-to platform for analyzing DEX assets and trading tokens by connecting to multiple DEXs. Read on to learn how to use the tool in 2024.
Written by: Anatol Antonovici | Updated July 2nd, 2024
Reviewed by: Mike Martin
Fact checked by: Ryan Grace
DEXTools is your ultimate tool for analyzing and trading DeFi tokens, connecting to multiple decentralized exchanges for real-time data and seamless trading.
Table of Contents
🍒 tasty takeaways
DEXTools is an analytics and trading platform for DeFi tokens.
It supports over 4 million tokens across 90+ blockchain networks.
DEXT is the platform’s utility token, used to subscribe to premium features.
Summary
| Feature | Details |
|---|---|
| Overview | DEXTools is a DeFi analytics and trading platform supporting over 4 million tokens across 90+ blockchain networks. |
| Real-Time Data | Provides real-time information on tokens and integrates with multiple DEXs for seamless trading. |
| Technical Analysis | Offers tools powered by TradingView for technical analysis, including indicators and multiple charting styles. |
| Trading Options | Enables trading via DEXTswap and Multiswap, connecting to DEX aggregators and specific DEXs like Uniswap. |
| Token Creation | Features a Token Creator studio for creating new tokens with customizable parameters. |
| Subscription Plans | Offers a standard subscription for additional features, priced at $19.9 per month or a one-time payment of 1,000 DEXT. |
What Is DEXTools?
DEXTools is a one-stop solution for decentralized finance (DeFi) token analysis and trading. The DEXTools app is available on the web and mobile (Android and iOS).
The platform provides real-time information on thousands of tokens across 90 chains and integrates with multiple decentralized exchanges (DEXs).
The platform enables users to trade any pair by connecting with multiple DEXs, such as Uniswap, PancakeSwap, or Sushiswap, acting as aggregators. Users can simply connect their non-custodial cryptocurrency wallets and explore the best deals across major DEXs from a single dashboard.
Although many promote it as a DEX analytics platform, DEXTools positions itself as a leading DeFi trading app.
Source: dextools
Its analytical and trading features are similar to that of DEX Screener, which we recently reported on.
What Can You Do on DEXTools?
DEXTools offers a vast array of analytics and trading features. Here is how you can use the tool:
Technical Analysis
You can conduct technical analysis for each token pair by analyzing DEXTools’ charts powered by TradingView. You can look for tokens in the search section and analyze the pairs’ trend patterns.
All basic TradingView tools, including technical indicators, multiple charting styles, timeframes, and drawing tools, are available.
Source: dextools
You can click the ‘multichart’ option to analyze multiple charts simultaneously. Here is an example displaying the performance of Wrapped Bitcoin (WBTC), Wrapped Ethereum (WETH), and Uniswap.
Source: dextools
Fundamental Analysis
DEXTools is also great for conducting basic fundamental analysis. On the left side of the chart, you can find key metrics like market cap, supply data, pool information, number of holders, and volume figures, among others.
Source: dextools
Below the main chart, you can also find the token’s score from DEXTools, or DEXTscore, which covers key parameters like transaction count, liquidity, audits, and number of holders. You can explore the audit reports to see if the token’s smart contract has been audited.
Source: dextools
Find Hot Pairs
On the homepage, or ‘DEXTboard,’ you can explore daily gainers and losers and hot pairs.
Explore New Pairs
DEXTools displays all new pairs listed on supported DEXs. You can see how the pairs appear in real time.
Source: dextools
Trading
Besides screening DEXs and token pairs and analyzing the price action, you can trade on DEXTools. You can connect your crypto wallet, such as tastycrypto, and choose from two main approaches to swap tokens:
- You can click on DEXTswap to easily swap tokens through an intuitive interface. You can select from OKX or KyberSwap DEX aggregators.
Source: dextools
- Alternatively, you can go to the ‘Multiswap’ section, type a token or a token pair in the search box, and choose between the supported exchanges, such as Uniswap, Sushiswap, Balancer, etc. DEXTools will connect you to the selected DEX to perform the token swaps.
Source: dextools
Price Bots
To improve your trading experience, you can access DEXTools’ price bots offered via Telegram, which are available with the free version. To access the bots, go to the left menu, click ‘Products,’ and select the type of bots you’re interested in.
Source: dextools
Create New Tokens
One cool feature of DEXTools is its Token Creator studio. With this tool, anyone can easily create a new token in 30 seconds. Have you ever thought about having your own crypto? Go to the left menu and click on “Token Creator.”
With DEXTools you can design a token by picking a name and ticker, underlying blockchain, and total supply or tokenomics model (with the advanced option). When ready, the token will be visible and tradable via DEXTools.
Source: dextools
Paid Version of DEXTools
While most features are free, DEXTools offers two subscription plans to provide extra perks, such as additional trader analytics, no ads, access to a private group, and exclusive info.
The standard subscription costs $19.9 per month, paid in DEXT. You can also buy DEXTools’ standard plan for a one-time payment of 1,000 DEXT.
Source: dextools
Why Use DEXTools?
If you are a fan of DeFi and want to access the best prices across DEXs, DEXTools is one of the best platforms for analyzing tokens, prices, and metrics and accessing multiple DEXs from a single dashboard.
DEXTools supports over 4.4 million tokens! Most are irrelevant, experimental, or outright scam tokens, but the platform is technically open to all DEX-listed crypto assets, and its DEXTscore filters out bad projects.
The platform claims to have about 20 million monthly visitors, reflecting its leading position as a DEX analytics and trading tool.
DEXTools Benefits
- Comprehensive DEX analytics and trading platform with a vast array of free-to-use features.
- Ability to analyze multiple charts powered by TradingView.
- Intuitive Token Creation tool to create tokens from scratch.
DEXTools Cons
- Advanced features are available for paid subscriptions.
- Not all features are available for all supported DEXs. For example, you can’t explore hot pairs on Solana DEXs.
- The DEXTscore may be subjective. For example, the native DEXT token always has a score of 99/99, higher than well-established pairs with greater liquidity.
DEXT Token
DEXT is the native Ethereum-based token of DEXTools. It is mainly used to pay for the subscription.
As of this writing, the token price is $0.62, and its market cap is $50 million. As of July 2024, it ranked 526th on Coinmarketcap.
The DEXTools price has gained over 7,500% since its launch in 2020. Since the beginning of 2023, it has outperformed Bitcoin (BTC) and Ethereum (ETH).
Source: TradingView
FAQs
What is DEXTools?
DEXTools is a leading decentralized finance (DeFi) analytics and trading platform that offers real-time token price data and integrates with multiple decentralized exchanges to enable token swaps.
What is DEXTools used for?
DEXTools is used for conducting technical and fundamental analysis of decentralized exchange-listed tokens, trading through connected decentralized exchanges, exploring token data, and creating new tokens.
Can you buy crypto on DEXTools?
Yes, you can buy crypto assets on DEXTools by connecting to multiple decentralized exchanges (DEXs) and DEX aggregators. However, DEXTools doesn’t work with centralized crypto exchange (CEX) platforms like Coinbase or Binance.
What is the DEXT token?
DEXT is the native Ethereum-based utility token of DEXTools, mainly used to subscribe to premium features of the platform.
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Anatol Antonovici
6+ years of experience writing for crypto brands and blockchain firms, including Coindesk, Cointelegraph, Bitcoinist, CryptoPotato, Algorand, and OTCTrade.com