Gecko Terminal, DeFi Charting Tool
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There's a product or an application by CoinGecko which is called Gecko Terminal, a crypto charting tool which is free for everyone's use without needing to connect any wallet, logging in or signing up. It features live charts and trades, market sentiments and many more as they happen in real time.
While Coingecko features a more extensive data on cryptocurrencies, exchanges, NFTs and others, Gecko Terminal is more focused on Decentralized Finance (DeFi) with over a million tokens, 72 different networks or blockchains, 1.2+ million liquidity pools and 380 Decentralized Exchanges (DEXes).
I would never have thought there's more than a million pools out there in the crypto sphere and I believe it keeps growing! It's just amazing to see how expansive DeFi really is! And according to the data on the platform, there had been 1.595million transactions in the last 24 hours alone and a total volume of $1.20 billion dollars which goes to show that despite the economic conditions around the globe and the bear market, there's still money being made (or lost) in crypto.
Features
Filtering
Users can filter pools based on volume, percentage gained or lost and liquidity.
Search Function
This is one of the easiest and fastest way to find any network, DEX, pool, coin or token. Just type the keyword and it draws all the related items and various information about them.
Comprehensive data
Detailed information on on each pool including but not limited to the number of transactions of up to 24-hour period, buys and sells, trade volumes, the DEXes on each chain, the liquidity pools on each of them, total liquidity, live swap transactions data etc. The contract addresses of the assets are also indicated on each asset page. Some quick links on where to swap and easily sharable links to Facebook or Twitter are also available.
Customizable Charts
Charts can be customized on different timeframes (up to 5 years).
Watchlist
Users can create their own watchlists. Simply add the pools you want to monitor and that's it. As previously mentioned, there is no signing up, logging in nor connecting any wallet.Proof of Reserves
Includes the data on crypto holdings of various centralized exchanges.
Trending liquidity pools on each network
Users can enable or disable showing the trends on each chain. Additionally, the pools can also be filtered by DEX.Available in different languages
The application is not limited to English because it is available in 21 languages.
Personal Verdict
Gecko Terminal has a user-friendly UI and it being straightforward and simple, is pretty easy to navigate so it doesn't overwhelm even the first-time users.
The above-mentioned features and more make the application a very helpful tool or source of information especially for those who want to monitor their pooled assets in various farms or to those who are looking for investment opportunities in DeFi. Personally, it will become one of my to-go places from now on.
For infotainment only.
Screencaptures are from GeckoTerminal. Lead image created on Canva. No copyright infringement intended. 211222/09:50ph
Posted Using LeoFinance Beta
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