50 Top Tools to Help You Analyze the Encryption Ecosystem

In the Web3 space, whether it’s trading, seeking airdrops, or investing, in-depth research is essential. This article will introduce 50 tools focused on market insights, protocol analysis, and data interpretation. While some tools like DefiLlama, TokenTerminal, and Dune may be well-known, there are many other tools designed specifically for particular research directions that are worth exploring. Let’s learn about these DYOR(Do Your Own Research) essential tools together.

Fundamental Analysis

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 based on these factors, rather than blindly following market trends.

Product Indicators

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 treasury data ), as well as to assess the competitive environment:

• TokenTerminal: Track data from over 400 mature protocols and provide comprehensive analytical metrics. Identify data trends in Web3 fundamentals and market perceptions.

• DefiLlama: Tracks over 3000 protocols. Provides TVL, trading volume, and token metric data. Convenient for comparing the influence of different protocols across categories or blockchain ecosystems.

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

• Footprint Analytics: Similar to Dune, it may contain some unique data.

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

• Bitcoin Layers: Bitcoin Layer 2 analysis tool.

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

• Artemis: A blockchain data science platform that provides monitoring of key metrics, including financial, economic, and social data, covering specific Web3 domain statistics, and specifically tracks 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. It focuses on showcasing the impact of various events on the market and prices.

• CoinMarketCal: encryption asset economic calendar, tracking new coin listings, new exchange openings, NFT releases, and major events and conferences.

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

• Web3alerts: A platform for receiving important Web3 event data and notifications. Track new project releases and updates.

fundraising

In addition to DefiLlama, the following platforms can help discover more fundraising information:

• CryptoRank: an analysis platform that tracks token, funding, and project metrics. Monitor the fundraising rounds of various projects, track top IDOs and ICOs, and discover current airdrops.

• CypherHunter: A blockchain database similar to LinkedIn. It collects information on blockchain projects, related individuals, and recent funding rounds.

• Crunchbase: Track detailed information about projects, including funding rounds, major investors, and total funds raised.

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

token economics

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

• CoinBrain: Provides an analysis platform for on-chain and off-chain data. Various filtering functions help in searching for newly created tokens.

Project Exploration

The following are some powerful multi-purpose dashboards that can help assess the current market situation and uncover new investment opportunities:

• ChainBroker: A service that tracks various financial metrics of networks and tokens. Analyzes market conditions, investor activities, and platform participation.

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

• Moni Discover: Use community to follow trends, helping to identify early opportunities, covering everything from meme coins to infrastructure projects.

Trading

This category is divided into social and copy trading, Meme coin trading, and market analysis.

social trading

• AlphaScan: Monitor the market sentiment of specific tokens and track the discussion frequency of public chain coins and tokens on social media.

• Cielo: A platform for monitoring top traders' trades and gaining market insights.

• Scopescan: On-chain data analysis platform that provides wallet activity information, project and token rankings, as well as capital flow and smart money signal insights.

• Alphanomics: A multifunctional service platform that tracks DEX on-chain capital flow and trading dynamics in real time.

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 platform widely used by global traders, showcasing trading pair data 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 help track and compare network data.

• Glassnode: Helps predict key trends and turning points in digital assets. Provides advanced blockchain and market data analysis.

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

• CryptoBubbles: presents the market map in the form of bubbles, providing intuitive data visualization services.

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

• MarketCapOf: Estimate the price of the cryptocurrency when it reaches a specific market cap.

Passive Income

The following tools can help discover and manage the best passive investment opportunities:

• Revert: An exploratory tool and user interface designed for AMM liquidity providers of Uniswap and Sushiswap.

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

Airdrop

Although the attention has decreased, airdrops are still an important source of passive income for many users. The following platforms are suitable for airdrop hunters:

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

• Bankless: Provides services for tracking airdrops and potential projects.

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

• AirdropsAlert: Summarizes current and upcoming token airdrops, providing detailed steps for participation.

Investment Portfolio Tracking

The following tools can help manage daily investments more effectively:

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

• CoinStats: A comprehensive portfolio tracking and analysis platform.

• Arkham: Connects cryptocurrency activities with individuals and institutions in the real world.

Research

Here are some market research sources worth noting:

• Delphi Digital: A research-driven company dedicated to accelerating and promoting the development of encryption currency.

• Chainalysis: a leading blockchain analysis company that provides compliance and investigation tools for banks, encryption companies, and government agencies.

In the encryption market, in-depth research is key to successful investing. By effectively utilizing these tools, investors can explore the encryption world more deeply and seize potential investment opportunities. At the same time, maintaining a passion for learning and research is also an essential quality that every encryption investor must possess.