CyberFi x DEXTools Partnership
CyberFi Automating DeFi with Data from DEXTools
CyberFi aims at becoming the main platform for DeFi automation, we are extremely focused on creating a strong network of partners that will allow us to provide the best possible product. Our partnership with DEXTools is an ideal example of how we are paving a way to make this goal a reality.
Automating DeFi is impossible without the best quality analytics around the DeFi markets, and DEXTools is an obvious leader in this space. In the last 6 months, they have established themselves as a to-go product for analytics and research in DeFi, specifically Uniswap. With their products — Uniswap Pool Explorer and Uniswap Pair Explorer they provide accurate data around Uniswap trading in the fastest way possible and with minimal latency. As Uniswap trading has surged and the volume continues to stay high after the end of the Liquidity Mining event — we believe DEXTools will continue as one of our most important partners.
CyberFi uses so-called “triggers” (akin to an IF scenario in IF-THEN applications) to execute automated scenarios in DeFi. As we are constantly researching and adding new Triggers we need the best providers of Data. DEXTools is an obvious choice for Uniswap Data.
Mainly price triggers are used, where a certain movement of a token indicates that the pre-automated scenario should trigger and activate. DEXTools has great live feeds on current price data of the thousands of tokens traded on Uniswap.
What we are additionally excited about is that they also provide detailed information about Liquidity Pools and Trading Volume. This information will also be used by CyberFi for Triggers. For example, sudden removal of a large portion of liquidity from a certain Liquidity Pool can be a great indicator that the price is about to drop. This is just one small example of how CyberFi can use data from DEXTools.
Through the conversations we had with DEXTools we also know that they are working on several products — such as “Token Catch” for Uniswap, that we are looking to integrate into the CyberFi platform as well.
We are very excited for this partnership between CyberFi & DEXTools and we are confident that it will bring many amazing synergies in the future.
TLDR: CyberFi partners up with DEXTools to deliver a new-gen DeFi Automation Platform leveraging accurate, low latency data from Uniswap provided by DEXTools.
CyberFi is a new-gen Intelligent DeFi Automation Platform.
CyberFi Website: https://cyberfi.tech/
CyberFi Twitter: https://twitter.com/cyberfi_tech
CyberFi TG Official Chat Group: https://t.me/cyberfi_tech
CyberFi TG Announcements Channel: https://t.me/cyberfi
CyberFi Discord: https://discord.gg/qch7QQJhJG
