Open in app

Sign in

Write

Sign in

DeFi Analytics — Top 5 Free Decentralized Finance Websites for Crypto Research in 2022

CoinLobster
Coinmonks

--

DeFi (Decentralized Finance) is a term for a group of financial tools built on a blockchain. The idea is to allow anyone with internet access to lend, borrow and bank without going through middlemen. DeFi is one of the fastest growing areas of the blockchain and decentralized web space.

You’ll need to know the tools that can help you capitalize on the DeFi trend. DeFi tools offer a wide variety of different use cases, including DeFi analytics, trading tools, screening tools, tracking tools, insights, liquidity analysis, portfolio tracking, statistics, and more.

Here are the top Free DeFi websites that will prove an important resource in your DeFi research and learning.

Best Free DeFi Research Websites

  1. CoinLobster
  2. Dune Analytics
  3. Messari
  4. DappRadar
  5. Bloxy (by Bitquery)

1. CoinLobster

CoinLobster offers casual traders’ simplicity, cleanliness, and easy to use real-time combined DeFi market data.

They provide real-time analytical data about DeFi blockchain transactions, addresses and currencies, trade volume, and total value by simply entering the pair in the search bar.

Pros:

  • Completely free
  • Combined data from multiple DeFi exchanges all on one page
  • Low-latency; see exchange activity in real-time

Cons:

  • No advanced charting functions

You can also join CoinLobster’s Discord channel to see DeFi Whales Trades and other free alerts.

2. Dune Analytics

Dune Analytics is a blockchain data analytics company that provides a global, real-time platform for on-chain data analysis. This includes charts, diagrams, tables, a place where you can visualize data.

Users can look for a specific transaction or track a certain address or choose a time range and pull up all the events of a type, all the blocks where a certain type of transaction took place or even look for ERC20 transfers.

Pros:

  • Users can create custom queries and templates to visualize data from a blockchain
  • Only data from Ethereum, Matic, Optimism and xDai is free

Cons:

  • The website is difficult to navigate
  • Users can only run 3 queries at a time for free

3. Messari

Messari is a crypto data aggregator for advanced traders that want a deeper look into the market through data analysis.

Messari’s most useful functions such as the screener, research and filter tool across more than 100 metrics and classifications costs $24.99 a month.

Pros:

  • Advanced data charting and analysis
  • Different metrics for all coins

Cons:

  • Hard to use at the first glance
  • Limited features for free users

4. DappRadar

DappRadar is known as the world’s dApp store with insights for over 3,000 Dapps. Through the platform, search, track, and trade everything in the realm of DeFi, NFTs, and crypto-based gaming applications.

The Industry Pulse page features a comprehensive dApp industry overview, updated every 24 hours for the number of smart contracts, functional dApps, and protocols available through DappRadar on the market.

Pros:

  • Check the rankings of your favorite DeFi protocols
  • Great at grasping macro-trends in DeFi
  • Completely free

Cons:

  • Limited amount of data on transactions

5. Bloxy

Bloxy reports on the blockchain real-time data and detailed token statistics.

Pros:

  • Useful data showing blockchain trades
  • Valuable information for crypto research

Cons:

  • Poor graphs and charts for visual analytics
  • Slow updates
  • Advanced API is a paid subscription

Each cryptocurrency investor has a different strategy and owns a different portfolio, which are the two most essential aspects when deciding the right DeFi websites to use.

It’s important to pay attention to rapid changes in the market, and that’s why most experienced cryptocurrency investors need to have great DeFi research tools to offer real-time insights on their assets.

Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing

Also, Read

--

--

CoinLobster
Coinmonks

Written by CoinLobster

119 Followers
Writer for

Making sense of crypto futures at coinlobster.com