DeFi profit and loss metrics on Zerion
DeFi profit and loss metrics on Zerion

Total return, average cost, network fees — we’ll do the math for you.

A few months ago, we discussed just how difficult it is to accurately track your DeFi returns. The same portfolio can be evaluated entirely differently depending on the base currency, network fees, and how the cost basis is calculated.

Hundreds of users have requested an easier way to evaluate the outcome of their investment decisions, as no dapp currently supports this. We’re excited to announce that our new performance feature solves this problem.

We’ll calculate the returns for each asset you own relative to its purchase price, denominated in stablecoins or ETH. Calculations are automatically adjusted every time to you buy or sell the asset, so you’ll…


Image for post
Image for post

🚀 Here’s what we’ve been up to in the past month.

It’s been an incredibly active time here at Zerion. We’re proud to say that our execution engine now offers you cheap, trustless and commission-free trading for thousands of assets directly from our interface. Call us “the decentralized Coinbase” — your all-in-one DeFi app that puts you in control.

In case you missed it, we now support single-transaction trades for:

Highlights

Image for post
Image for post
  • Aggregating across every major DEX with DeFi SDK: We’re on a mission to stack every step of the DeFi user journey. Read about how this is possible using our newly built execution engine.
  • Social Tokens have arrived: Check out the new Explore page dedicated to the coolest kid on the DeFi block — social money. You’ll also want to read Cooper Turley’s guest post to find out why digital and creative communities are such a unique asset class. …


Zerion is the decentralized Coinbase
Zerion is the decentralized Coinbase

We just became your all-in-one DeFi shop.

Decentralized finance has come a long way. Remember your first transaction? After juggling 5+ tabs on your browser, you gazed at etherscan’s mint green block confirmation feeling like you’d just contributed to the future of finance. You felt so cool, you even told a friend about it — convinced them to finally break up with Coinbase and trade on the wild side.

Except your friend quickly got lost. And so did you. Instead of the “easy, open finance” you were both promised, you found yourselves in a world of gas prices, pending transactions, vaults, pools, AMMs, degens, and financial advice spewed out in 17-thread Tweetstorms by Chads and sushi chefs. …


Image for post
Image for post

🚀 Here’s what we’ve been up to in the past month.

Our marathon of integrations over the past month has transformed app.zerion.io from the most intuitive portfolio tracker to the easiest and cheapest portfolio builder.

You read that right. Zerion now supports buying and selling for 170+ assets; Uniswap, Curve and Balancer pools; yearn.finance vaults, and more.

Trade DeFi assets with Zerion
Trade DeFi assets with Zerion

Our execution engine searches every major liquidity provider to ensure you always get the best rates. …


Image for post
Image for post

🚀 Here’s what we’ve been up to in the past month.

Following our recent release of the Explore and Market pages, our major highlight this month is our aggregated view. If your assets are spread across different wallets, you’ll know that accurately tracking your entire DeFi portfolio can be a pain. With Zerion, you can now combine all your wallets under one view, enabling you to see your DeFi net worth, distribution of assets across wallets, top gainers/losers, and more 💸

Image for post
Image for post

Highlights this month

Image for post
Image for post
  • Upgraded mobile apps, in the dark: You asked for it, and we delivered 🕶 Dark mode has been one of the most requested features from our users. …


Top 10 DeFi concepts everyone needs to know
Top 10 DeFi concepts everyone needs to know

Decentralized finance can be a world of jargon — from liquidity pools to yield farming, here are the basic terms you need to get started

Decentralized finance, or DeFi for short, is an umbrella term for financial products built on top of decentralized, open-source blockchains. A true DeFi instrument should be programmable, permissionless, and composable — which means there isn’t always an analogous example in the banking system.

Right now, the pace of innovation in DeFi can be hard to keep up with, leaving newcomers swimming in a sea of jargon. We hope these ten core concepts will help.

📝 Smart contract

A smart contract is a computer program on the blockchain that can self-execute when certain conditions are met. In this way, agreements between a buyer and seller (or tokenholder and protocol) are written directly into lines of code. Smart contracts are the building blocks of DeFi “money lego” because they enable sophisticated interoperability between many different financial instruments without the need for third parties. In theory, once a smart contract is deployed to the blockchain, dapps (decentralized apps) can run themselves with little to no human intervention. For example, yearn.finance


Image for post
Image for post

🚀 Here’s what we’ve been up to in the past month.

Hey Zerion Community,

It’s been a special month for us. We recently released major product updates that let you track the entire DeFi market from the same place you track your portfolio. The new Explore and Market pages allow you to search trending assets and filter by performance, so you’ll never miss a high-yield opportunity again.

Explore DeFi assets with Zerion
Explore DeFi assets with Zerion

Here’s the best part: Zerion’s mobile app is now the only place where you can view every DeFi asset alongside your portfolio, straight from your phone 🔥 Shout out to our community who made it possible to access the app in English, Russian, Spanish, German, Dutch, Turkish, Korean, Croatian, Portuguese and Japanese! …


Zerion Community Update
Zerion Community Update

🚀 Here’s what we’ve been up to in the past month.

Hey Zerion Community,

What a month! If ever there was a time to put your crypto to work, it’s now 👨‍🌾 COMP made its grand debut, renBTC is bringing Bitcoin to the Ethereum club, and we’re trying our best to keep calm despite sky-high network fees.

This post covers the latest Zerion updates for the month of June 2020.

DeFi Highlight

Compound COMP token
Compound COMP token

COMP became the largest DeFi token by market cap after just one day of trading, and saw 1,000% gains in a single week 😳

Dig deeper:


TokenSets Explained
TokenSets Explained

Put your DeFi portfolio on autopilot with automated trading strategies

Automated trading strategies managed by smart contracts are one of the most exciting developments in decentralized finance. Think of these as ETFs that allow you to put your investments on “autopilot”.

TokenSets founder Inje Yoe describes the Set Protocol as “smart enough to enter and exit out of positions at the right times based on market conditions, without the emotional risk of pouring hours of time staring at charts for buy and sell signals”.

There are a number of benefits to automated trading strategies:

  1. Hedging doesn’t require technical expertise. Adequately protecting your investments against volatility risk can often be a daunting task requiring deep technical and fundamental knowledge. …


Image for post
Image for post

🚀 Here’s what we’ve been up to in the past month.

Zerion updates

Support for new assets and protocols

We added support for a number of new assets: sUSD by Synthetix, Chai, RealT tokens and Balancer. In addition, Zerion now supports USDT deposits on Compound.

View your portfolio balances in ETH

We’re the first DeFi interface to let you denominate your entire portfolio in ETH. As the price of ETH fluctuates in USD, reported performance can often be misleading, reflecting lower dollar returns even when ETH profit is up. Watch the true growth of your investment, even as the money printer goes brrr 🖨

Zerion + Portis

We’ve just added support for Portis, a non-custodial blockchain wallet that allows users to access their Web3 account via email login.

Detailed info on Synthetix

On our never-ending quest to reduce the number of tabs you have open while managing your DeFi portfolio, we’ve included a detailed view for Synthetix. …

About

Rebecca Mqamelo

Head of Growth at Zerion | Reimagining money for the 21st century | More at rebeccamqamelo.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store