DeBank Weekly Report [2020.03.23–2020.03.29]

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DeBank

4 min readMar 30, 2020

DeBank has added some new data in the analytics panel, DEXs and lending protocol sections and optimized trading pair data for some exchanges.

Latest supported data

Curve

Curve (a stable-coin trading DApp) is quite popular among users who prefer stable-coin investment. It is not only because Curve provides stable assets that are easy to hold value and avoid risks, but also that it provides low slippage and low commission fees compared with its competitors. And if you become a market maker for Curve, you can earn both commission fees and DeFi savings interests from Compound & iearn at the same time.

In the fluctuating crypto market, we suggest users who prefer low risks and stable profits convert their ERC-20 tokens into stable coins to reduce the risks. While Curve is more professional in the stable-coin investment field, it can help invest and increase assets value.

DeBank has released Curve’s data panel feature this week to meet more DeFi users’s needs. You can check it in the DeBank wallet easily. We display the trading volume(24h), trading volume change(24h), number of trades(24h) and trading users(24h) in the Spot Trading section. More info can be found in the Recent Transactions section.

Bancor (DEXs)

Bancor is a decentralized liquidity network that supports the circulation of multiple on-chain crypto tokens. Users can convert any of their ERC-20 tokens into others without trading counter parties. To some extent, Bancor speeds up the circulation of various tokens and increases the liquidity of minority tokens.

DeBank’s data panel feature now can help you get accurate analysis and make smart investment decisions.

Lendf.me

We analyze the lending & borrowing data from DAI’s protocol, and updated it in the Lending-Interest Rate section. For users who want to know how to manage “DAI”, you can now check the real-time reference rate in DeBank’s DApp, and compare it with other stable-coin rate of other DApps to help users maximize their profits.

Optimization

DeBank has improved the trading pair data for IDEX, Uniswap and Kyber Network, including all ETH, WBTC and imBTC related stable-coin trading pairs, so as to provide more organized data for our users to make better investment decisions.

IDEX provides up to 300 kinds of real-time ETH/ERC-20 trading pairs with huge daily trading volume. Users can also complete multiple TXs at the same time. That’s why DeBank provide detailed DeFi data to help users gain greater profits.

As for the Uniswap, many DeFi users are quite familiar with it as it doesn’t require entry orders. It’s easy to trade and has an automated stable pricing system which is favored by many DeFi users.

Kyber Network is a highly usable liquidity protocol that connect crypto buyers and sellers with its reservation mechanism. Likewise, Kyber wallets and APIs allow users to buy products with any token and convert them to the target token seamlessly.

DeBank is a professional wallet that focuses on DeFi ecology maintenance, helps tracking DeFi DApps, manages user’s DeFi assets, provides abundant detailed real-time data and will continue to explore and optimize DeFi application scenarios in order to provide better experience for our DeFi fans.