If you are into crypto, you can always use a website that will deliver realtime price charts and trading history. There are many out there, but Dexscreener is one of the better. It delivers an in-depth look at available blockchains, DEXs, trading pairs, and more.
Read on to see whether Dex Screener is the right decentralized exchange explorer for you.
What is it?
Simply put, Dex Screener is one of the best crypto screeners out there. Their job is to explore decentralized exchanges. It is free to use, and you get access to more blockchains than many of the competitive screeners.
The tool might lack some features that advanced traders use, but anyone interested in exploring the wild world of decentralized exchanges should check it.
For starters, it is free. The powerful and free cryptocurrency analysis and screening tool allows any investor to analyze assets across multiple DEXs and networks.
They provide detailed information analysis of more than 1,200 tokens and coins. The analysis includes price, market cap, 24-hour volume, circulating supply, and more.
There is an insane selection, and DEXScreener allows you to explore more than any other crypto screener.
You can also filter crypto assets by decentralized exchange, network, chain, liquidity, price, market cap, volume, and more.
And here is something you won’t find at many other places. A free charting and technical analysis, giving you access to charts and indicators that will help you identify trends. All so that you can make a better investment decision.
Last, but not least, tons of publicly available data on a tokens contract and pool data for token pairs.
What is a crypto screener?
Crypto screener is a tool that scans and analyzes publicly available data on crypto tokens and blockchains.
They work by scrapping and aggregating available information on digital assets via blockchain explorers, publicly available code, liquidity pools, company websites, and more.
In the end, they put together enough information that is useful for the users.
The Dex Screener API
The Dex Screener platform also offers a free and open API. This allows users to call 100 requests per minute for free.
As of August 2022, Dex Screener API is in beta. It is a set of programming instructions that allow software programmers to programmatically interact with the website and data set. As we said before, users are limited to 100 API requests per minute.
But because it is still in beta, you need to be careful in building applications using the data. Yet, Dex Screener API allows you to:
- Get data on one or multiple pairs
- Get data on a single token or a tokens pair
- Search pair data for a matching query
Why should you use it?
We will talk more about the features of DexScreener later on, but generally speaking, here are three main reasons you need to try the Dex Screener website.
- Free to use and no sign-up required, no KYC, no login via wallet necessary
- Free charting tools with the feature TradingView
- More blockchains and pairs than any other crypto screener
What are the downsides?
Every website has its pros and cons. In this case, the pros widely outweigh the cons. But we have to mention some downsides.
- No mobile app, but the mobile site works great
- The sheer volume of coins and pairs can get overwhelming
Best Features of Dex Screener
Now let’s talk about everything that makes the DexScreener website a worthy one for your visit. Here are some of the best features.
You can view emerging trends, including price and volume data. It helps you identify trending pairs and tokens that have had recent large prices.
The Dex index is a list of all the top traded Dex pairs, helping you identify new trading opportunities. You also keep track of the overall Dex market.
The Dex Screener Trade Explorer allows you to view all recent trades that have taken place. Using this feature you can identify patterns and opportunities.
Of course, the watchlist is a must-have. It allows you to track favorite pairs and tokens, staying up to date and organized.
DexScreener is one of the rare websites offering alerts for free. It helps you keep track of price movement or volume changes.
The Multicharts tool allows you to add multiple charts to one screen, creating a custom dashboard in the process. With this feature, you can compare price movement and identify patterns in any crypto currencies you are interested in.
Gainers and losers
The website shows a list of top gainers and losers, helping you identify which tokens are currently on the rise.
Which Blockchains does it support?
There are 43 blockchains you can choose from on Dex Screener, and more than 1,200 tokens. That also means thousands of trading pairs.
Among the many, they support:
- Binance Smart Chain
- Oasis Emerald
- Tomb Chain
All of these are aggregated from tons of different decentralized exchanges, DEXs, and from each chain, including UNiswap, Balancer, Pancake Swap, SushiSwap, and many more.
How to Use it?
As we said before, Dex Screener is a free-to-use platform. There is no need to create an account or log in. You simply go to the Dexscreener website, which is dexscreener.com, and identify the chain, DEX, or token you have an interest in analyzing.
If you want to speed up the process of finding the token, use the search bar. Once you find the token or pair, click on the desired trading pair and you will get all the charting tools and information.
The home page also offers you a few helpful options like view the index, view the trends section, new pairs section, gainer, or losers.
No, we have to mention that Dex Screener merely aggregates token data and price data from decentralized exchanges. You cannot trade there. The actual trading takes place on the DEX.
If you want to invest in cryptocurrencies, you have to get a wallet, purchase crypto from a CEX, connect your wallet to the DEX, and start trading.
Is it Safe?
Dex Screener is composed of experienced professionals from the fields of finance, marketing, and technology. The company has remote locations in several places in the United States. They also have a Linkedin Page where you can find some of their employees.
The Dex Screener platform has been live since October 2021. So far, there have been no hacks or security breaches. That makes it a safe platform to use for new and experienced traders.