Podcast: 2022 Crypto Theses with Ryan Selkis
08 Dec 2021
The world of DeFi has opened a new way to invest in the market. Thanks to the multi-chain world, you can now invest in multiple blockchain DApps and grow your wealth. However, with this innovation comes the problem of keeping a track of your investment. It is where these DeFi Dashboards come into the picture.
The DeFi dashboard is an app that lets you track your investment on different blockchain DApps from a central dashboard. This helps you monitor your profit/loss, investments in liquidity mining programs, and lending and borrowing records. You can also track NFTs through them.
While innovations continue, these Defi Dashboards still have a long way to go. I have curated a list of some of the best DeFi dashboards that you can use to track your investments and that of others. By tracking the investment of whales, you could find out where the money is moving to make better investment decisions.
Here is the list of some of the best DeFi dashboards that you should bookmark and use.
Zapper is the best DeFi dashboard that supports multiple blockchains such as Ethereum, Binance smart chain, Polygon, Fantom, Avalanche, and Arbitrum. The UI is simple and lets you quickly find out the total Net worth of a wallet address.
You can also track your staking rewards, Uniswap pool investment, and other investments that many of us are likely to forget. You also have a choice to track an individual wallet address or bundle addresses to track the entire investment. Zapper is ideal for users who have multiple wallets, and the bundling feature would help you track all your investments.
Head over to Zapper to track your DeFi investments.
The #2 in this list is Apeboard, which is the favorite of many DeFi crypto investors. Apeboard is not as popular as Zapper but offers exceptional features. Apart from offering support for the blockchains currently supported by Zapper, the list also includes Terra ecosystem. Besides, you might find a few of your investments that are missed by Zapper.
To make most of this best list of DeFi dashboards, you should use two or more of these apps to track all your investments.
At the time of writing, Apeboard supports the following blockchains:
If you like Binance Smart Chain (BSC) DeFi ecosystem, you would also enjoy using Yieldwatch. Not only it lets you track your net worth on the BSC ecosystem but also helps monitor your impermanent loss of liquidity that you have provided.
The platform is not as advanced as other DeFi Dashboards listed here, it does the job really well. They offer a pro plan that I have not tested yet but those who are big into the BSC ecosystem might find value in it.
Zerion is the easiest way to track, build and manage your entire DeFi portfolio from one place. Getting started with Zerion is quick and easy. You can connect any wallet you own or add the ETH or ENS address to track your wallet portfolio.
Unlike others, this one seems to be limited to the ETH ecosystem that in my opinion is limiting.
Besides tracking, you can invest in Indexes through Zerion and provide liquidity with the click of a button. This platform might need a dedicated post but overall it is a useful dashboard to have in your arsenal.
Looking for a beautiful and functional DeFi dashboard? You should try DeBank that supports BSC, ETH, Polygon, xDAI, FTM, Avalanche, HECO, and Okexchain. More blockchain support is underway.
You can find the list of all supported protocols by DeBank here. The platform does not boast many features like Zapper but will surely help you discover some of the investment on protocols that may not be picked by other portfolio monitoring DeFi dashboards. DeBank is a must-have for your bookmark list.
Looking for a DeFi dashboard for the Solana ecosystem? Look no further than Sonarwatch – a go-to dashboard for Solana users. You can add your or someone else’s Solana wallet address to track the entire portfolio.
The platform also supports viewing collectibles, which is a much-needed feature for any dashboard today.
APY.vision is an all-in-one liquidity pool analytics and yield farming rewards tracking tool. This is a pretty unique tool in this entire list and the best one for DeFi farmers. At the time of compiling this list, APY.vision supports the following chain:
Bonus DeFi Dashboard
Step.finance: Position tracking for DeFi power users and native to Solana. If you are using DeFi on Solana, you should bookmark it.
Well, I believe there is a long way for these DeFi dashboards as the number of protocols is increasing. During the research, I found that many of them lacked features such as:
For now, these are the best DeFi dashboards that you should use. If you know of any new and upcoming dashboards, let me know in the comment section below.News appeared first on: Coinsutra.com