Along with substantial innovation, DeFi portfolio trackers, a.k.a DeFi trackers or DeFi dashboards, have recently attracted the attention of numerous companies and developers. There are already dozens of portfolio tracking applications available in the market, and each one has its own benefits and drawbacks. But not everyone has the ability to choose wisely. By this writing, we will take a look at the top 5 DeFi portfolio trackers!
Why do you need a DeFi portfolio tracker?
Manual tracking and calculation methods such as using excel have disadvantages with a large number of wallets. As a result, tracking cryptocurrency portfolios that are available on numerous blockchains can be quite difficult because it might be difficult to coordinate information between the different wallets that are storing crypto.
A DeFi portfolio tracker, as its name suggests, is a useful tool for tracking the movement of cryptocurrencies in your financial portfolio. A DeFi tracker will allow you to compare your portfolio’s performance to market benchmarks and indices, as well as assess how your current asset allocation matches your financial goals.
A DeFi portfolio tracker has a significant number of potential advantages. For newcomers, it will consolidate all of your investment holdings into a single dashboard, making it simple to track your investment. Some DeFi dashboards will also give essential information on asset gain-loss statements as a result of processed trades. All those features allow users to reduce human forces on manual tracking and save time.
What are the key factors in choosing a DeFi tracker?
Supported blockchains and dApps
The crypto world is huge with thousands of different blockchains and countless users. Besides, a user can use multiple wallets across different blockchains. Therefore, a suitable DeFi tracker will be the one that supports as many blockchains and platforms as possible.
Features
Each user has their own financial goals. Based on that, they will have specific needs in finding a suitable DeFi portfolio tracker. Those needs may be portfolio management, swap, bridge, profit calculation, whale address monitoring, etc. A user-friendly interface is a plus.
Security
Security is considered the most important factor in using any dApps in DeFi world. According to statistics, around $71 billion in cryptocurrency was hacked in 2021. Choosing a secure application gives a hand in protecting user assets from cyberattacks. However, some DeFi dashboards currently don’t require users to connect their wallets for tracking. The least connections that users make, the best security remains.
Top 5 DeFi dashboards
- DePocket
DePocket is a DeFi portfolio tracker as a web and mobile application aiming to manage NFT and cryptocurrency assets from different blockchains in a single dashboard without any requested connection to the wallet. In fact, an individual is currently able to be active on multiple DeFi networks running on separate blockchains. As a result, managing and monitoring all the coins or tokens in the investment list becomes more and more complicated. Therefore, DePocket offers a solution: in a single DeFi dashboard, users can track the fluctuated value of their digital asset, lending or staking in real-time in a blink of an eye with no charge.
Recently, DePocket launched its next version, which supports more than 20 blockchains and 50 dApps. In addition, DePocket is also playing a role as a Dex aggregator, which will automatically choose the Dex with the least fees and best rate. However, with the slogan of “Decentralized Assets in your Pocket”, this is just the beginning.
Pros
- No fee.
- Web app and mobile app are available.
- Real-time information.
- Users are not required to connect their wallets.
- More than 20 blockchains and 50 dApps are supported.
- Dex aggregator.
- Other outstanding features: PNL, Watchlist, staking,…
Cons
- NFTs support is under development.
2. Zapper
Being at #2 on the list, Zapper, which was founded in 2020, is a pioneer in DeFi tracker that aggregates all features supporting users such as DeFi asset/portfolio management, NFT, swap, liquidity Pools, yield Farming, and saving. It can be said that Zapper is the gateway to help users access the DeFi market when integrating most DeFi activities with hundreds of different trading strategies, saving time and easy-to-use management on the same dashboard.
Pros
- No fee.
- Real-time information.
- NFTs are supported.
- 11 blockchains are supported.
- Bridge is available.
- User-friendly interface.
- Other features: PNL, swap, liquidity,…
Cons
- Users are required to connect their wallets.
- Lack of supported blockchains that are outside of Ethereum ecosystem.
- Only allow adding one token in a pair into the liquidity pool.
3. Zerion
For cryptocurrency investors, Zerion is a popular DeFi dashboard that provides an easy way to track and manage ERC-20 tokens. The organization recognized that many investors avoided cryptocurrency altogether or chose centralized platforms out of convenience because they felt intimidated by the intricacy of cryptocurrency management.
In order to address this, the developers of Zerion created a user-friendly interface that combines more than 60 DeFi protocols and is available in web and app versions. The platform is also free to use because of Zerion’s business model, which only charges for items that provide value, including advanced investing tools or exclusive DeFi content.
Pros
- No fee.
- Real-time information.
- NFTs are supported.
- 11 blockchains and 60 DeFi platforms are supported.
- Bridge is available.
- User-friendly interface.
Cons
- Other features: PNL, swap, follow other addresses,…
- Users are required to connect their wallets.
- Lack of supported blockchains that are outside of Ethereum ecosystem.
- Only support NFTs on Ethereum.
4. Debank
DeBank is a rising DeFi dashboard. It allows users to keep track of their portfolios and access statistics and analytics for DEXs, stablecoins, margin trading platforms, and decentralized lending protocols. Programmers can incorporate API endpoints containing data on users, chains, protocols, and tokens into their creations.
User assets on around 1300 protocols across 34 chains, including Fantom, Polygon, Binance Smart Chain, and Ethereum, could be tracked thanks to it. DeBank is one of the top DeFi portfolio trackers since it offers a variety of features including asset swap and web3 connectivity.
Pros
- No fee.
- Track portfolio by wallets or Ethereum ENS.
- Data analytics for DEXs, stablecoins, margin trading platforms, and decentralized lending protocols.
- Real-time information.
- NFTs on multi-chain are supported.
- 34 blockchains and around 1300 DeFi platforms are supported.
Cons
- Users are required to connect their wallets.
- No swap or bridge is available.
- No demo is available.
5. Ape Board
Being the last one on the list, Ape Board is a DeFi tracker that allows users to keep an eye on their portfolios across 42 blockchains including Ethereum, Binance Smart Chain, Terra, Solana, Binance Exchange, and Polygon. Following that, a growing number of more than 400 protocols are also integrated.
There is no login necessary, and tracking a portfolio is incredibly simple. Ape Board will track and display all of your DeFi activity across several chains after users paste their addresses. The currency net worth and total awards are displayed at the top of the DeFi dashboard, broken down by total assets and total debt. Users can switch between different blockchains or examine them all at once. Additionally, they are also able to monitor their portfolios’ exposure to different cryptocurrencies and the protocols in which their tokens are deposited.
Pros
- No fee.
- Real-time information.
- Users are not required to connect their wallets.
- Support multi-profiles
- NFTs are supported.
- 42 blockchains and around 472 DeFi platforms are supported.
- Other features: PNL, bridge, performance,…
Cons
- Swap is not available.
- Slow in adding new supported platforms.
With the provided information above, we do hope you will be able to choose a Defi portfolio tracker that meets your requirements.
