DEXTools has positioned itself as the gateway to the decentralized finance (DeFi) ecosystem, emerging as an essential tool in navigating the DeFi sector.
DEXTools (ETH | BNB | USDT: $DEXT ) has successfully become the most popular service for those looking for data regarding the DeFi industry. DEXTools allows traders to track all assets in the blockchains that support Decentralized Finance applications. Additionally, the platform allows users to follow the listing of new tokens on different decentralized exchanges in real-time.
Features of DEXTools
DEXTools offers users multiple features that allow them to manage, analyze, and execute traders from a single window. It offers trading tools such as advanced trading analytics, price alerts, liquidity pool explorers, trading pair explorer, live price data charts, and trending crypto highlights.
DEXTools is also crucial for on-chain metrics. It lets users track wallets, swaps, and transactions from whales and other crypto holders. One of the only paid features of the platform is wallet info. It lets users copy the trading activity of the top traders.
DEXTools has also integrated price bots, and trading pair bots, which can help users maximize their profits. These bots are highly customizable and can be set up for free on Telegram. The bots offer real-time price alerts on price fluctuations and trading pairs.
DEXTools Trading Capabilities
DEXTools supports trading capabilities made possible by integrating Uniswap and other leading decentralized exchanges. Users can stake and perform swaps on ERC20 and BEP20 tokens via the platform.
However, DEXTools insists it is not an exchange. Instead, it offers users the ability to conduct swaps via KyberSwap integration. The platform also has a great feature called MultiSwap, which allows users to conduct multiple trades at once in one window. To start using DEXTools, users only have to connect their crypto wallet to the platform.
The DEXTools Token (DEXT)
$DEXT is the utility token of DEXTools. It enables everyone to access the various features of DEXTools. As the DEXTools platform has proven, it has great utility for the entire decentralized finance ecosystem.
$DEXT exists as a multi-chain token, which runs on Ethereum as an ERC20 token, and on the Binance Smart Chain as a BEP20 token. Users who hold a certain amount of $DEXT tokens gain access to various paid platform features. They also have priority access to certain community projects like the DEXT Force Venture, an investment group for DeFi investors.
Additionally, when a project updates its social links on its token pair page on DexTools, they have three payment options: 0.5 Ethereum, 3 BNB or 1300 DexTools tokens. Paying for the update with ETH and BNB is typically more expensive with 100% of the fees via these payment methods going towards business, mainly marketing expenses. Alternatively, paying with the $DEXT token will typically cost the least and the best part is that 100% of the fees paid in DexTools token will be burned and contribute to reducing the supply.
Thus far, $DEXT has performed quite well. It has a market cap of over $50.5 million, according to CoinGecko. The token was launched in June 2020 and achieved its all-time high of just over $90 million in August 2021. Despite the current crypto market turbulence, it has managed to hold on to most of those gains.
[Click The $DEXT Chart Above To Trade On DexTools]
Summary
As a long-term investment, $DEXT is a great token to consider. It has great utility on the DEXTools platform and is easily accessible on multiple exchanges, including Coinbase.
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