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This article will introduce 50 tools focused on market insights, protocol analysis, and data interpretation.
Among them, tools like DefiLlama, TokenTerminal, and Dune may already be familiar to everyone, but there are still many tools designed for specific research directions that are worth exploring. Let's learn about these essential DYOR (Do Your Own Research) tools together.
Fundamentals
Fundamental research is the process of analyzing a project to understand its core value, attractiveness, and potential. It focuses on key aspects such as product attractiveness, token economics, fundraising, and community.
The goal is to determine whether a project has long-term growth potential based on these factors, rather than blindly following market trends.
01 Product Metrics
Below is a list of tools primarily used to study product metrics (such as Total Locked Value TVL, active users, token holders, cross-chain net flow, trading volume, revenue dynamics, and treasury data) and assess the competitive environment.
TokenTerminal currently tracks data for over 400 mature protocols and provides one of the most comprehensive analysis metrics.
It also provides powerful tools for identifying data trends and changes in fundamentals and market perceptions in Web3, whether in general situations or analyzed based on specific parameters or categories.
DefiLlama closely follows, tracking over 3,000 protocols. If a protocol is not found on TokenTerminal, you can turn to DeFiLlama for key TVL, trading volume, and token metric data.
It can also conveniently compare different protocols, showcasing their influence distribution in certain categories or blockchain ecosystems.
Next is Dune, which provides comprehensive dashboards for most Web3 protocols, summarizing the fundamental data of various protocols.
Tip: If you can't find the needed data on Dune, you might want to check Footprint Analytics. Its design style is similar to Dune, and it may contain some unique data.
ZKsync Era Dashboard on Footprint Analytics
When researching Ethereum Layer2, L2Beat may be the best tool, as it provides comprehensive data on Ethereum's aggregated status. For Bitcoin Layer2, Bitcoin Layers is the closest corresponding tool to L2Beat.
Nansen is another powerful on-chain analysis tool covering over 35 networks and nearly 400 protocols.
It allows users to track various aspects of networks, tokens, and NFTs, and even monitor the behavior of investors and traders. The downside is that most data requires a subscription to access.
Artemis is a blockchain data science platform that monitors key indicators of projects, including financial, economic, and social data, while also covering statistics specific to certain Web3 sectors and specifically tracking developer activity.
02 Releases and News
In addition to providing basic fundamental data, Messari's uniqueness lies in aggregating the latest developments and news, along with specialized research reports. Although it is a paid research tool, it is highly recommended.
Aptos on Messari: Latest News Dashboard
CryptoPanic is a news aggregation and portfolio tracking platform designed for traders and cryptocurrency enthusiasts.
It highlights the impact of various events on the market and prices. It helps users track news related to cryptocurrencies and related markets to assess their potential impact on asset prices and investor sentiment.
CoinMarketCal is an economic calendar for crypto assets, allowing users to track key market events. Stay updated on new coin listings, new exchange launches, NFT series releases, and significant events and conferences.
Coindar is another calendar tool used to track projects, assets, and Web3 events. Similar to CoinMarketCal, it allows users to view various important event dates related to projects or tokens.
Web3alerts is a platform designed to receive important Web3 event data and notifications. The platform enables users to track new project releases and related dynamics. Investors and venture capital firms can subscribe to the service to ensure timely direct notifications.
03 Fundraising
Many platforms provide fundraising data, with DefiLlama being the most popular. In addition, there are some other recommended platforms that can help discover more fundraising information.
CryptoRank is an analysis platform designed to track various data, including tokens, funds, and project metrics.
It enables users to monitor fundraising rounds of various projects, track top IDOs and ICOs, and discover current crypto airdrops.
Additionally, the platform provides a list of ongoing and potential airdrops, along with tasks and detailed guides, as well as data on token unlocks.
Latest fundraising round data on CryptoRank
CypherHunter is a comprehensive database similar to LinkedIn, designed for the crypto world. It collects information on blockchain projects, individuals involved in the crypto space, and recent fundraising round data.
Crunchbase is a site that tracks detailed project information, including fundraising rounds, major investors, and total funding amounts. It also provides insights about employees, events, and potential contacts to connect with founders.
Crypto Fundraising is a valuable resource that tracks the latest fundraising rounds, events, and news. It provides information on projects not yet covered by other analysis platforms. The site also offers a simple list of funding, investors, and their contact information.
04 Token Economics
Token Unlocks is a service platform specifically for tracking token unlocks and token economic data. The platform allows users to filter projects and tokens for in-depth analysis of their potential. Additionally, it monitors token economics data and upcoming supply unlock events in real-time.
CoinBrain is an analysis platform that provides on-chain and off-chain data. It offers various filtering functions to help users search for newly created tokens. The platform also includes new coin rankings, upcoming token unlock lists, and search functions across multiple categories.
Project Exploration
Many of the tools mentioned earlier are very useful for protocol discovery and narrative filtering.
In addition, there are some powerful multipurpose dashboards that can help assess the current market situation and uncover new investment opportunities.
ChainBroker is a service designed to track various financial metrics for networks and tokens. It enables users to analyze market conditions, investor activities, and platform participation.
The website also provides heat maps in certain categories, visually assessing the potential of networks and assets over time or specific periods.
Protocol dashboard on ChainBroker
DYOR is another excellent platform for tracking DeFi dynamics and providing a leaderboard dashboard based on specific on-chain metrics.
Moni Discover is a unique tool that utilizes community-followed trends to help you identify new early opportunities, covering everything from meme coins to infrastructure projects.
Trading
This category can be divided into three directions: social and copy trading, meme coin trading, and market analysis.
01 Social Trading
AlphaScan shows the market sentiment surrounding specific tokens and tracks the mentions of public chain coins and tokens on platform X, illustrating their discussion frequency on specific dates.
Additionally, it reveals the potential earnings KOLs may gain from recommending tokens. This information can help assess the trading potential of certain bloggers and communities and measure the market heat of specific assets.
Cielo is a platform designed to monitor top traders’ trades and gain market insights. It provides basic notifications and insights, allowing users to track the wallets of other traders and follow their strategies for copy trading.
Scopescan, formerly known as Watchers, is the first on-chain data analysis platform utilizing the 0xScope knowledge graph.
It can generate data on important connections in real-time, providing comprehensive wallet activity information, project and token listings ranked by activity and total locked value (TVL), and insights into fund flows and smart money signals.
Alphanomics is a multifunctional service platform that helps users track the flow of funds and transaction dynamics on DEX chains in real-time, thus grasping current market trends.
The platform provides users with real-time insights, uncovering new asymmetric investment opportunities, tracking the smartest traders and their wallet strategies, and gaining insights into their portfolio management approaches.
Smart Money DEX Flow on Alphanomics
02 Meme Coin Trading
To find meme coins and other newly created trading pairs, the two most popular platforms are DexScreener and DEXTools.
These platforms can help find the best prices, liquidity, and activity for specific trading pairs and track wallet activities among many other features.
To monitor potential malicious features of smart contracts, it is recommended to use Honeypot (supporting Ethereum, BNB chain, and Base), De.Fi, and SolidityScan.
03 Market Analysis
TradingView is the leading platform widely used by traders worldwide, known for its charts that display trading pair data for thousands of assets across major exchanges.
Users can customize chart formats based on their needs, add personal notes, and conveniently compare assets.
CoinGecko and CoinMarketCap are among the most commonly used market data tracking platforms, both providing rich research centers for users to conduct in-depth analysis.
BlockchainCenter is a platform focused on providing various visual charts and metrics to help users track and compare network data.
It enables users to assess market conditions, asset status, and the dominance of specific coins. The platform's visual charts are particularly outstanding, effectively helping novice traders grasp current market trends.
Bitcoin rainbow price chart on BlockchainCenter
Glassnode helps traders and investors predict key trends and turning points of digital assets. The platform focuses on advanced blockchain and market data, providing unique insights into fund flows, asset fundamentals, and market sentiment for Web3 blue chips.
Additionally, Glassnode provides various economic, financial, and network indicators, as well as research and reports on industry status.
Coinglass is a comprehensive platform for tracking the financial status of various markets. It monitors the crypto market and other assets, including liquidations, long and short positions, and options trading, making it very suitable for professional traders.
CryptoBubbles presents the market map in a bubble format, offering an intuitive service. Users can easily track changes in market trading volume, identify which cryptocurrencies are actively rising or falling, view the holder ratios of specific assets, and observe their dynamics.
CryptoQuant is a powerful and community-driven market data research platform that provides extensive research and insights from the CryptoQuant team and its users.
MarketCapOf allows users to estimate the price of one cryptocurrency when it reaches the market capitalization of another cryptocurrency. For example, if Ethereum had the market cap of Bitcoin, its price would be around $10,000.
Passive Income
Finding and managing the best passive investment pools can be somewhat challenging. Here are some tools that can help you discover and manage these investment opportunities more effectively.
Revert is a comprehensive exploration tool and user interface designed for AMM liquidity providers of Uniswap V2, V3, and Sushiswap. It helps investors track investment efficiency and conduct data analysis.
Other platforms specifically for discovering quality passive income opportunities include De.Fi and DefiLlama.
Airdrops
Although the attention on airdrops has decreased compared to a year ago, it remains an important source of passive income for many users. The aforementioned CryptoRank toolkit can help users discover airdrops. Here are some platforms suitable for airdrop hunters.
DropsTab is a multifunctional tool for tracking portfolios, analyzing markets, and discovering new airdrops. Its powerful features allow it to replace multiple analytical tools simultaneously.
Bankless provides services for tracking airdrops and potential projects, helping users choose which projects to participate in and allowing them to check for unclaimed airdrops associated with wallet addresses.
Alpha Drops is a convenient platform dedicated to tracking airdrops in various Web3 fields. It offers user-friendly filtering options, allowing users to select projects based on different fields.
Each project page details available tasks, funding metrics, and project stage information, whether in testnet or mainnet phases.
Potential airdrop tags on Alpha Drops
AirdropsAlert is a website dedicated to aggregating current and upcoming token airdrops, providing the detailed steps required to participate in these airdrops.
Users can sort airdrops based on different criteria (such as whether KYC is required) to easily find projects of interest.
Portfolio Tracking
In the multitude of blockchains, assets, and pools, tracking a diversified portfolio can be challenging. The following tools can help you manage your daily investments more effectively.
DeBank is a platform focused on portfolio tracking and wallet checking.
It can monitor all assets in the wallet, track transaction history, and view changes in historical net worth information.
CoinStats is a comprehensive portfolio tracking and analysis platform that allows users to monitor the asset status of the entire market and view financial data in their wallets.
It also provides access to trading history across multiple networks, capable of identifying fraudulent transactions targeting your address.
Arkham provides powerful tools that connect cryptocurrency activities with individuals and institutions in the real world.
The platform can track the operations of organizations, including large institutions and government entities.
Research
Covering companies that continuously publish valuable market research, focusing on macro trends, narratives, or specific protocols. In addition to Messari, CryptoQuant, and Glassnode, here are some other recommended research sources.
Delphi Digital is a research-driven company with a global team dedicated to accelerating and promoting the development of cryptocurrencies. It consists of three distinct entities—research department, laboratory, and venture capital—sharing the same brand and mission.
Featured report from Delphi
Chainalysis is a leading blockchain analysis company that provides compliance and investigation tools for banks, crypto companies, and government agencies. It offers a suite of tools for transaction tracking, risk analysis, and data visualization.
Snap Finger View
In the crypto market, in-depth research is key to successful investments.
By using multiple tools, investors can gain a more comprehensive market insight and analytical capability. The article lists 50 top DYOR tools covering data analysis, trend monitoring, and social intelligence.
These tools not only help users better understand market dynamics but also enhance the precision of investment decisions.
By making good use of these tools, investors can explore the crypto world more deeply and seize potential investment opportunities.
At the same time, with the continuous development of the market, maintaining a passion for learning and research is an essential quality for every crypto investor. By using these DYOR tools, investors can navigate the complex crypto market with ease and make more informed investment choices.
This article is a collaborative reprint from: Deep Tide
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