What is DEXTools (DEXT)?
DEXTools is an ecosystem that helps traders to monitor data on all decentralized markets. It brings together blockchain information into one centralized user interface, allowing the user to keep tabs on their trades, investments, and existing market conditions.
DEXTools has some interesting features which include the Pool Explorer, Pair Explorer, P&L Tracking, and Big Swaps.
Pool Explorer makes it effortless for users to discover popular pools. It also helps them identify fresh gems and the collective worth of these gems in a pair's pool. Furthermore, one can use Pool Explorer to monitor liquidity trends to understand how the chosen tokens will be impacted (negatively or positively).
Pair Explorer allows users to keep an eye on the history and real-time price movements of their favorite tokens. Additionally, it provides a score for token pairs which can be used to avoid potential scams. Standard or premium users also have access to setting up decentralized limit orders or automated trading bots.
Furthermore, the Profit & Loss Tracking tool builds a trading record that helps traders to document their trades and modify their approach as time goes by.
Lastly, the Big Swaps tool makes it possible to monitor large traders who are often referred to as crypto whales. These big players have an influence on the markets, particularly when a token has low liquidity. For example, if you get notified of a whale sale via reports from the platform then you may be able to take advantage of a dip in prices.
The DEXT token is the native token that powers the platform. The live DEXTools price chart above features the recent movements in the DEXT price.
DEXT Use Cases
The primary purpose of the DEXT coin is to provide access to various features on the platform by paying for subscriptions at different levels.
Additionally, the DEXT crypto token can be utilized to gain entrance into premium trading groups and partake in community ventures such as DEXT Force Ventures.
Planning to acquire DEXTools coins? Don't forget to make a thorough DEXT price analysis beforehand. Use the DEXTools price chart for doing that.
Who Founded DEXTools?
DEXTools was founded by Frederic Fernandez and Javier Palonimo in 2020.
Frederic is a graduate of the University of A Coruna. Besides, he worked at various organizations before starting DEXTools. Javier graduated from the Universidad De Oviedo, and he has years of software programming experience. Both founders have years of experience in trading and building software companies.
DEXT has a maximum supply of 200 million tokens. Every month, 10% of subscription fees paid using DEXT are burned, making it an ever-decreasing currency. This is done to ensure DEXT price stability.