DEX Screener is a tool for tracking cryptocurrency prices and analyzing decentralized finance (DeFi) data on over 70 different blockchains. Discover all the features that contribute to the success of DEX Screener and the benefits of using it.
What is DEX Screener?
The DEX Screener platform responds to a growing need linked to the fragmentation of the cryptocurrency ecosystem, by offering a solution to analyze data and token prices on dozens of different blockchains.
DEX Screener provides real-time information on price fluctuations, trading volumes and other important metrics. This platform is particularly popular because it allows you to track the price of any token created on a supported blockchain, even if they are not yet listed on traditional platforms such as CoinMarketCap or CoinGecko, nor on centralized exchanges (CEX) like Binance or Coinbase. This data is presented through a user-friendly interface, making decentralized trading more accessible.
The main advantage of DEX Screener is that all the data provided is directly extracted from the blockchains it monitors, eliminating the need to use APIs or external data sources. To do this, it uses a custom indexer to examine, analyze, and store blockchain data, which is then used to generate filters, charts, and analytics, all processed automatically in real-time, without any human intervention.
However, it is crucial to remain vigilant, because many scammers take advantage of the lack of human intervention to take advantage of so-called “rug pulls”“honeypots,” and other types of scams that make profits at the expense of duped investors. That's why DEX Screener offers a comprehensive range of tools and information to guide users in their searches. By using all these tools, investors can make informed decisions and position themselves advantageously on different cryptocurrencies.
Founded in January 2021 by Andreas Diegues, creator of the online gaming portal Click Jogos, and Alexandre Bini, former CTO of Shogun, DEX Screener, headquartered in Miami and with a small team of 10 employees, has managed to raise funds from 8 investors such as Uniswap, Earl Gray Capital and Buckley Ventures, a fund specializing in technology start-ups, although the amount raised has not been revealed.
Despite its modest size, DEX Screener quickly gained notoriety in the ecosystem, recording over 100,000 concurrent users during peak usage periods.
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What are the key features of DEX Screener?
Charts for all tokens
DEX Screener integrates tools from well-known providers such as TradingView, thus providing users with a wide range of technical indicators and charting options. Additionally, users can explore cryptocurrency transactions in specific pools, encompassing decentralized exchanges (DEX), with links to blockchain explorers to access detailed information.
A user-friendly interface
The main dashboard presents all the important data of a token or blockchain at a glance. Users can easily find specific tokens using the search bar, entering the ticker, asset name or smart contract address. The results display the corresponding pairs and associated DEXs, sorted by liquidity.
All of this information is presented on a single page, providing a quick and comprehensive overview of key elements. Navigation is intuitive, ensuring that you don’t miss a thing as you explore the details of each token.
New pairs in the spotlight
DEX Screener provides options for users to to discover the trendy tokens.
The “Trending” tab provides an overview of all trading pairs based on their current price and performance. Users can refine their searches based on various parameters, such as trend type, platform, and duration. Additionally, the “New Pairs” feature helps users identify the most recent trading pairs listed on different DEXs, providing details on pair names, prices, age, volume, liquidity and diluted capitalization (FDV).
Sorting winners and losers
The “Winners and Losers” feature provides a clear overview of which cryptocurrencies have seen significant gains and losses..
The latter is particularly useful for investors looking to quickly identify the best performing or most volatile tokens of the moment, which allows them to spot potential investment opportunities or understand market trends.
The DEX Screener platform obviously offers options for sorting and filtering tokens based on criteria such as liquidity, FDV, age of the pair and trading volume.
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Multicharts functionality
DEX Screener offers further customization through the Multicharts feature, which allows the addition of up to 16 charts that can be grouped according to the user's preferences. These charts can be manipulated in the same way as those in the main dashboard.
Top traders, holders and liquidity providers
DEX Screener allows you to explore the best traders in pairs, which may be useful for monitoring their past or future activities.
Listing addresses holding the token, along with the percentage of the supply they hold, provides an indispensable tool for cryptocurrency investors, allowing them to avoid tokens where a small handful of holders own a disproportionate share of the total supply.
It is also possible to identify the number and proportion of liquidity providers.
The Watchlist
DEX Screener's Watchlist allows the creation of a list of favorite pairs, offering the possibility to classify them according to different criteria such as liquidity, age of the pair, capitalization of the token concerned, and many others.
Price alerts
Another major advantage of DEX Screener is the implementation of price alerts, allowing them to be enabled or disabled according to the user's preferences and needs.
What are the benefits of using DEX Screener?
Graphical analysis : Features such as multi charts, price alerts and access to in-depth analysis via professional chart providers like TradingView provide all the tools needed to take wise positions on cryptocurrencies from different blockchains.
Trend tracking : By leveraging and consolidating the data provided by DEX Screener across winners and losers sections, as well as new sortable pairs according to various filters, it becomes easier to identify current or upcoming emerging trends in the market.
DEX Screener API : DEX Screener offers access to a free beta version of its API, which provides price and volume data. This API allows users to collect data on one or more pairs per blockchain or address, get information about tokens, etc. At the moment, it is limited to 300 requests per second per user.
Free access : Until now, all the tools, even the most interesting, made available by DEX Screener are completely free, thus making the platform accessible to a wide audience.
Speed of listing : The data available is difficult to obtain on other platforms and it is possible with DEX Screener to position yourself among the first when launching new tokens. The platform also provides indications to minimize losses.
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