DEXTools

Halal Rating :
Comfortable
Last Price $0.35 Last updated:
Rank 746
1D Change -0.37 %
Market Cap $27.16m
Circulating supply 77,578,749
Maximum supply 200,000,000

Crypto Overview

Categories
  • Ethereum Ecosystem
  • Analytics

Purpose and Utility

DEXTools is a platform that provides real-time analytics, trading tools, and data for decentralized exchanges (DEXs). The DEXT token serves as both a utility and governance token within the ecosystem. Token holders can access premium features of the platform, participate in governance decisions, and receive discounts on platform services.

Business Model

The platform generates revenue through subscription services for advanced features, with the DEXT token being used to pay for these services. The business model is transparent and focused on providing legitimate trading tools and analytics services.

Real-World Adoption

DEXTools has achieved significant adoption within the DeFi ecosystem, being widely used by traders and investors for DEX analytics. The platform consistently ranks among the most-used DeFi tools, particularly for trading pair analysis and real-time market monitoring.

Platform Development

The project maintains active development, regularly releasing updates and new features. The team consistently engages with the community through social media and their official channels, demonstrating ongoing commitment to platform improvement.

Token Distribution

The token distribution appears reasonably balanced, with mechanisms in place to prevent excessive concentration of tokens. The team's allocation includes vesting periods, showing commitment to long-term development rather than short-term gains.

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