DeFi, short for decentralized finance, is transforming the traditional financial world by offering transparent, universally accessible and intermediary-free solutions based on blockchains. This article highlights five relevant tools to use when exploring DeFi. These tools have been carefully selected to help you navigate this rapidly expanding ecosystem and make the most of the opportunities it offers.
DefiLlama is the leading Total Value Locked (TVL) aggregator for the DeFi ecosystem. It brings together open data maintained by a passionate team and contributors from hundreds of protocols. The emphasis is on accurate data and transparent methodology. Llama Corp, the company behind DefiLlama, offers data analytics, infrastructure, payments, interoperability and media solutions used by over 10 million monthly users. DefiLlama data is free of charge. The platform also offers dashboards to explore DeFi protocols, yields, NFT collections, decentralized exchanges (DEX), fees, liquidations, hacks. It also offers a variety of tools such as watchlists, a daily news summary and a community encyclopedia. DefiLlama stands out for its commitment to inclusive, impartial and community-based statistics, while providing accurate and transparent data for the decentralized finance industry.
Dune Analyticsis a powerful community platform that provides free access to data on various blockchains. It offers the ability to create custom dashboards and queries to visualize and analyze the blockchain data of your choice. Whether you're looking for information on NFTs, decentralized applications or blockchains, you're likely to find a relevant dashboard on Dune Analytics. The tool uses SQL language for queries and offers predefined templates or the creation of custom queries. Results can be visualized on clear, informative dashboards. Dune Analytics can also extract and analyze data from Ethereum, Matic, Optimistic and xDai, free of charge. The free version limits users to three simultaneous queries.
Zapper.fiis a DeFi platform that simplifies your portfolio management. Founded in 2020, it tracks your assets, debts, liquidity pools,stakingand yield farming activities without requiring any personal data. Simply connect your wallet (Metamask, Phantom, Coinbase Wallet, Ledger, Trezor, etc.) or enter your wallet address. Zapper lets you invest in multiple DeFi strategies in one place, integrating well-known applications such as Yearn.finance, Uniswap, Balancer and Curve. Zapper's advantages include support for numerous DeFi protocols, simplified entry into the DeFi ecosystem, and a user-friendly interface.
Etherscanis a block explorer for the Ethereum blockchain, offering real-time access to data and transactions. It can track transactions, check balances and portfolio history, and verify smart contracts directly on the blockchain. Etherscan is also the basis for other blockchain explorers such as BscScan, PoligonScan, Arbiscan, Snowtrace (Avax) and others. Whether you want to confirm the status of a transaction or search for the smart contract of your favorite DApp, Etherscan is the place to go. To use Etherscan, simply search for a wallet address or transaction identifier. Users can explore the transactions associated with an address, view the details of each transaction and track their status. Etherscan also provides advanced features such as verification of approved tokens in a wallet and revocation of access to DApps. It is possible to use Etherscan without an account, but creating one offers additional features such as watchlist and notifications.