DEXTools

Halal Rating :
Comfortable
Last Price $0.51 Last updated:
Rank 752
1D Change -5.38 %
Market Cap $39.91m
Circulating supply 77,637,275
Maximum supply 200,000,000

Crypto Overview

Categories
  • Analytics

Purpose and Utility

DEXTools is a platform that provides real-time analytics, trading tools, and pair explorer capabilities for decentralized exchanges (DEXs). The DEXT token serves as the utility token of the platform, enabling access to premium features and governance rights.

Business Model and Current Usage

The platform operates as a DeFi analytics tool, offering services like price charts, trading history, wallet tracking, and liquidity analysis. Users can access different tiers of functionality based on their DEXT token holdings. The business model is transparent and focused on providing legitimate trading and analysis tools for the DeFi ecosystem.

Real-World Adoption

DEXTools has achieved significant adoption within the DeFi community, particularly among traders and investors who require detailed analytics for decentralized exchanges. The platform consistently maintains active users and has established partnerships with various blockchain projects.

Platform Development

The project maintains regular development activity with frequent updates to its platform and features. The team consistently releases new tools and improvements based on user feedback and market needs.

Token Distribution and Governance

DEXT tokens are primarily used for platform access and governance, with a transparent distribution model. The token serves a clear utility purpose within the ecosystem, providing actual value to holders through platform access rights.

Crypto Impact

To assign a comfort level investing in DEXTools from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to DEXTools.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.