50 Top Tools to Help You Analyze the Encryption World

In the Web3 field, whether it's trading, searching for airdrops, or investing, in-depth research is indispensable. This article will introduce 50 tools focused on market insights, protocol analysis, and data interpretation. Some tools like DefiLlama, TokenTerminal, and Dune may already be familiar to everyone, but there are many tools designed for specific research directions worth exploring. Let's together learn about these DYOR( Do Your Own Research) essential tools.

Fundamentals

Fundamental analysis is the process of analyzing a project to understand its core value, appeal, and potential. It mainly focuses on key aspects such as product appeal, token economics, fundraising, and the community.

The goal is to assess whether the project has long-term growth potential based on these factors, rather than blindly following market trends.

Product Specifications

The following tools are mainly used to study product metrics ( 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 landscape:

• TokenTerminal: Track data from over 400 mature protocols and provide comprehensive analytical metrics.

• DefiLlama: Tracks over 3000 protocols, providing TVL, trading volume, and token metrics data.

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

• L2Beat: The best analytics tool for Ethereum Layer 2, providing comprehensive summary status data.

• Bitcoin Layers: The corresponding tools for Bitcoin Layer 2.

• Nansen: A powerful on-chain analytics tool that covers 35 networks and nearly 400 protocols.

• Artemis: blockchain data science platform, providing monitoring of key project metrics.

Release and News

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

• CryptoPanic: A news aggregation and portfolio tracking platform that shows the impact of events on the market and prices.

• CoinMarketCal: encryption asset economic calendar, tracking key market events.

• Coindar: A calendar tool used for tracking projects, assets, and Web3 events.

• Web3alerts: A platform for receiving important Web3 event data and notifications.

fundraising

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

• CryptoRank: An analytical platform for tracking tokens, funds, and project metrics.

• CypherHunter: A database of the encryption world similar to LinkedIn.

• Crunchbase: A website that tracks detailed project information.

• Crypto Fundraising: A resource for tracking the latest fundraising rounds, events, and news.

token economics

• Token Unlocks: A service platform for tracking token unlocks and token economic data.

• CoinBrain: Provides an analysis platform for on-chain and off-chain data.

Project Exploration

In addition to the above tools, the following multifunctional dashboard can help assess the market situation and uncover new investment opportunities:

• ChainBroker: A service for tracking various financial metrics of networks and tokens.

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

• Moni Discover: A tool that uses the community to follow trends and identify early opportunities.

Trading

This category can be divided into three directions: social and copy trading, Meme coin trading, and market analysis.

social trading

• AlphaScan: Monitor token market sentiment and track discussion frequency on social media platforms.

• Cielo: A platform that monitors top traders' transactions and provides market insights.

• Scopescan: On-chain data analysis platform that provides comprehensive wallet activity information.

• Alphanomics: A multifunctional platform that tracks on-chain fund flows and trading dynamics of DEX.

Meme Coin trading

• DexScreener and DEXTools: popular platforms for finding Meme coins and newly created trading pairs.

• Honeypot, De.Fi, and SolidityScan: used to detect potential malicious functions in smart contracts.

Market Analysis

• TradingView: A leading charting platform widely used by global traders.

• CoinGecko and CoinMarketCap: commonly used market data tracking platforms.

• BlockchainCenter: A platform that provides various visual charts and indicators.

• Glassnode: A platform that helps predict key trends and turning points in digital assets.

• Coinglass: A comprehensive platform for tracking the financial status of various markets.

• CryptoBubbles: An intuitive service that displays the market map in the form of bubbles.

• CryptoQuant: A community-driven market data research platform.

• MarketCapOf: A tool for estimating the price of a cryptocurrency when it reaches a specific market cap.

Passive Income

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

• Revert: An exploration tool designed for liquidity providers of Uniswap and Sushiswap.

• De.Fi and DefiLlama: platforms for discovering high-quality passive income opportunities.

Airdrop

The following platforms are suitable for airdrop hunters:

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

• Bankless: A service for tracking airdrops and potential projects.

• Alpha Drops: A convenient platform for tracking various airdrops in the Web3 space.

• AirdropsAlert: A website that summarizes current and upcoming token airdrops.

Portfolio Tracking

The following tools can help manage daily investments more effectively:

• DeBank: A platform focused on portfolio tracking and wallet inspection.

• CoinStats: Comprehensive investment portfolio tracking and analysis platform.

• Arkham: A tool that connects cryptocurrency activities with real-world individuals and institutions.

Research

Here are some recommended research sources:

• Delphi Digital: A research-driven company dedicated to advancing cryptocurrency development.

• Chainalysis: a leading blockchain analysis company that provides compliance and investigation tools.

In the encryption market, in-depth research is the key to successful investing. By using a variety of tools, investors can gain a more comprehensive market insight and analytical capability. 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. By employing these DYOR tools, investors can navigate the complex encryption market with ease and make more informed investment choices.