Comprehensive Analysis of 50 Top Tools in the Encryption World

In the Web3 world, whether it's trading, looking for airdrops, or investing, in-depth research is essential. This article will introduce 50 tools focused on market insights, protocol analysis, and data interpretation. Some of these may be well-known, but there are many tools designed for specific research directions worth exploring. Let's dive into these DYOR( Do Your Own Research) essential tools.

Fundamental Research

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 appeal, token economics, fundraising, and community. The goal is to assess whether the project has long-term growth potential, rather than blindly following market trends.

product specifications

The following tools are mainly used to study product indicators ( such as Total Value Locked (TVL), active users, token holders, cross-chain net flow, trading volume, revenue dynamics, and vault data ), as well as to assess the competitive environment:

• TokenTerminal: Tracks data from over 400 mature protocols and provides comprehensive analytical metrics. Offers powerful tools to identify data trends and changes in Web3 fundamentals and market perceptions.

• DefiLlama: Tracks over 3,000 protocols. Provides key TVL, trading volume, and token metric data. Facilitates comparison of different protocols, showcasing their impact distribution across various categories or blockchain ecosystems.

• Dune: Provides a comprehensive dashboard for most Web3 protocols, summarizing the fundamental data of each protocol.

• Footprint Analytics: The design style is similar to Dune and may contain some unique data.

• L2Beat: A research tool for Ethereum Layer 2, providing comprehensive data on Ethereum's aggregated status.

• Bitcoin Layers: Corresponding tools for Bitcoin Layer 2.

• Nansen: A powerful on-chain analytics tool that covers over 35 networks and nearly 400 protocols. It tracks all aspects of networks, tokens, and NFTs, monitoring the behavior of investors and traders.

• Artemis: blockchain data science platform that provides monitoring of key project indicators, including financial, economic, and social data, covering specific Web3 domain statistics, specifically tracking developer activity.

Release and News

• Messari: In addition to fundamental data, it aggregates the latest developments, news, and provides specialized research reports.

• CryptoPanic: A news aggregation and portfolio tracking platform designed for traders and cryptocurrency enthusiasts. It showcases the impact of various events on the market and prices.

• CoinMarketCal: Encryption asset economic calendar, tracking key market events. Learn about new coin listings, new exchange openings, NFT series releases, and major events and conferences.

• Coindar: A calendar tool for tracking projects, assets, and Web3 events. View important event dates related to projects or tokens.

• Web3alerts: A platform designed to receive important Web3 event data and notifications. Track new project releases and related updates.

fundraising

DefiLlama is the most popular fundraising data platform. In addition, there are:

• CryptoRank: An analysis platform used to track token, funding, and project metrics. Monitor project funding rounds, track top IDOs and ICOs, and discover current encryption airdrops.

• CypherHunter: A database similar to LinkedIn, specifically designed for the encryption world. It collects information on blockchain projects, professionals in the encryption field, and recent fundraising rounds data.

• Crunchbase: Track detailed project information, including funding rounds, major investors, and total fundraising amount. Provides insights on employees, events, and potential contacts.

• Crypto Fundraising: Track the latest fundraising rounds, events, and news. Provide project information that has not been covered by other analysis platforms.

token economics

• Token Unlocks: A service platform specifically tracking token unlocks and token economic data. Filter projects and tokens, and conduct in-depth analysis of potential. Monitor token economics data and upcoming supply unlock events in real-time.

• CoinBrain: Provides an analysis platform for on-chain and off-chain data. Various screening functions help in searching for newly created tokens. Includes new token rankings, upcoming token unlock lists, and search functions across multiple categories.

Project Exploration

In addition to the tools mentioned above, there are also some powerful multipurpose dashboards that can help assess the current market situation and uncover new investment opportunities:

• ChainBroker: A service for tracking various financial metrics of networks and tokens. It analyzes market conditions, investor activity, and platform participation. Heat maps are provided in certain categories to intuitively assess the potential of networks and assets.

• DYOR: Track DeFi trends and provide a leaderboard dashboard based on specific on-chain metrics.

• Moni Discover: Utilize community to follow trends, helping to 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.

social trading

• AlphaScan: Monitor the market sentiment of specific tokens and the number of mentions on social media, showing the frequency of discussions. Reveals the potential earnings KOLs may gain by recommending tokens.

• Cielo: A platform to monitor top traders' trades and gain market insights. It provides basic notifications and insights, tracks other traders' wallets, and allows for copy trading.

• Scopescan: On-chain data analysis platform. Real-time generation of important connection data, providing comprehensive wallet activity information, project and token rankings, as well as insights into fund flows and smart money signals.

• Alphanomics: A multifunctional service platform that tracks the flow of funds and trading dynamics on DEX in real-time. It provides real-time insights, uncovers new asymmetric investment opportunities, and tracks the strategies of the smartest traders.

Meme Coin trading

• DexScreener and DEXTools: Popular platforms for finding Meme coins and newly created trading pairs. They help identify the best prices, liquidity, and activity for specific trading pairs, and track wallet activity.

• Honeypot, De.Fi, and SolidityScan: Tools for monitoring potential malicious functions in smart contracts.

Market Analysis

• TradingView: A leading platform widely used by global traders, displaying trading pair data charts for thousands of assets across major exchanges.

• CoinGecko and CoinMarketCap: commonly used market data tracking platforms that provide a wealth of research centers.

• BlockchainCenter: Provides various visual charts and indicators to track and compare network data. Assess market conditions, asset status, and the dominance of specific cryptocurrencies.

• Glassnode: Helps predict key trends and turning points in digital assets. Provides unique insights into the capital flow, asset fundamentals, and market sentiment of Web3 blue chips.

• Coinglass: A comprehensive platform for tracking the financial status of various markets. Monitor the encryption market and other assets, including liquidation, long and short positions, and options trading.

• CryptoBubbles: Displays the market map in the form of bubbles. Tracks changes in market trading volume, identifies price fluctuations, and shows holder proportions.

• CryptoQuant: A community-driven market data research platform that provides in-depth research and insights.

• MarketCapOf: The price at which one cryptocurrency is estimated to reach the market cap of another cryptocurrency.

Passive Income

The following tools can help to more effectively discover and manage passive investment opportunities:

• Revert: A comprehensive exploration tool and user interface designed specifically for AMM liquidity providers of Uniswap V2, V3, and Sushiswap.

• De.Fi and DefiLlama: platforms specifically designed to discover high-quality passive income opportunities.

Airdrop

The following are platforms suitable for airdrop hunters:

• DropsTab: A multifunctional tool for tracking portfolios, analyzing markets, and discovering new airdrops.

• Bankless: Track airdrops and potential projects, help choose projects to participate in, check unclaimed airdrops.

• Alpha Drops: A platform specifically designed to track various Web3 airdrops. It offers user-friendly filtering features.

• AirdropsAlert: A website that aggregates current and upcoming token airdrops, providing detailed participation steps.

Portfolio Tracking

The following tools can help manage daily investments more effectively:

• DeBank: A platform focused on portfolio tracking and wallet inspection. Monitor wallet assets, track transaction history, and view historical net worth changes.

• CoinStats: A comprehensive investment portfolio tracking and analysis platform. Monitor the status of assets across the entire market and view wallet financial data. Provides access to trading history across multiple networks.

• Arkham: A tool that connects cryptocurrency activities with real-world individuals and institutions. It tracks organizational operations, including large institutions and government entities.

Research

Besides Messari, CryptoQuant, and Glassnode, here are other recommended research sources:

• Delphi Digital: A research-driven company dedicated to accelerating and promoting the development of encryption currencies. It consists of three entities: research department, laboratory, and venture capital.

• Chainalysis: A leading blockchain analysis company providing compliance and investigative tools for banks, encryption companies, and government agencies. Offers transaction tracking, risk analysis, and data visualization tools.

By making reasonable use of these tools, investors can delve deeper into the encryption world and seize potential investment opportunities. At the same time, maintaining a passion for learning and research is an essential quality for every encryption investor. Using these DYOR tools, investors can navigate the complex encryption market with ease and make more informed investment choices.