Original author: Stacy Muur
Original text: https://substack.com/home/post/p-149881273
In the Web3 world, whether you are trading, looking for airdrops, or making investments, thorough research is essential.
This article will introduce 50 tools that focus on market insights, protocol analysis, and data interpretation. Among them, DefiLlama, TokenTerminal, and Dune may already be well known to everyone, but there are many tools designed for specific research directions worth exploring. Let's take a look at these DYOR (Do Your Own Research) must-have artifacts.
Fundamentals
Fundamental research is the process of analyzing a project to understand its core value, appeal, and potential. Focus on key aspects such as product attractiveness, token economics, fund raising and community.
The goal is to judge whether a project has long-term growth potential based on these factors, rather than blindly following market hotspots.
01 Product Metrics
The following is a list of tools used to study product metrics (such as total locked value TVL, active users, token holders, cross-chain net flow, transaction volume, revenue dynamics and treasury data) and evaluate the competitive environment.
TokenTerminal currently tracks data from more than 400 mature protocols and provides one of the most comprehensive analytical indicators. It also provides powerful tools for identifying data trends and changes in fundamentals and market perceptions in Web3, either generally or by specific parameters or categories.
TokenTerminal: https://x.com/tokenterminal
DefiLlama follows closely behind, tracking over 3,000 protocols. If you can't find a certain protocol in TokenTerminal, you can turn to DeFiLlama to get key TVL, volume, and token metrics data. It also makes it easy to compare different protocols and show how their influence is distributed in certain categories or blockchain ecosystems.
DefiLlama: https://x.com/DefiLlama
Next is Dune, which provides a comprehensive dashboard for most Web3 protocols, summarizing the fundamental data of each protocol.
Dune: https://x.com/DuneAnalytics
* Tip: If you can't find the data you need in Dune, you can check out Footprint Analytics. It has a similar design style to Dune and may contain some unique data.
Footprint Analytics: https://x.com/Footprint_Data
ZKsync Era dashboard on Footprint Analytics
https://www.footprint.network/
When studying Ethereum Layer2, L2Beat is probably the best tool, which provides comprehensive data on Ethereum's aggregated state. For Bitcoin Layer2, Bitcoin Layers is the closest counterpart to L2Beat.
L2Beat: https://x.com/l2beat
Bitcoin Layers: https://x.com/BitcoinLayers
Nansen is another powerful on-chain analysis tool that covers more than 35 networks and nearly 400 protocols. It allows users to track various aspects of networks, tokens, and NFTs, and even monitor the behavior of investors and traders. The downside is that most of the data requires a subscription to obtain.
Nansen: https://x.com/nansen_ai
Artemis is a blockchain data science platform that provides key indicator monitoring of projects, including financial, economic, and social data, while also covering statistics in specific Web3 fields and specifically tracking developer activity.
Artemis: https://x.com/artemis__xyz
02 Release and News
Messari In addition to providing basic fundamental data, its uniqueness lies in collecting the latest developments, news, and providing specialized research reports. Although it is a paid research tool, it is highly recommended.
Messari: https://x.com/MessariCrypto
Aptos on Messari: Latest News Dashboard
https://messari.io/project/aptos/news/curated
CryptoPanic is a news aggregation and portfolio tracking platform designed for traders and cryptocurrency enthusiasts. It highlights the impact of various events on markets and prices. Helps users track news on cryptocurrencies and related markets to assess their potential impact on asset prices and investor sentiment.
CryptoPanic: https://x.com/CryptoPanicCom
CoinMarketCal is an economic calendar for crypto assets that allows users to track key market events. Stay up to date on new coin listings, new exchanges opening for trading, NFT series releases, and major events and conferences.
CoinMarketCal: https://x.com/coinmarketcal
Coindar is another calendar tool for tracking projects, assets, and Web3 events. Similar to CoinMarketCal, it also allows users to view various important event dates related to a project or token.
Coindar: https://x.com/coindar_
Web3alerts is a platform designed for receiving data and notifications about important Web3 events. The platform allows users to track new project launches and related developments. Investors and VCs can subscribe to the service to ensure that they are directly notified in a timely manner.
Web3alerts: https://x.com/Web3Alerts
03 Fundraising
Many platforms provide fundraising data, the most popular of which is DefiLlama. In addition, there are some recommended platforms that can help discover more fundraising information.
CryptoRank is an analysis platform designed to track various data, including indicators of tokens, funds, and projects. It enables users to monitor fundraising rounds for various projects, track top IDOs and ICOs, and discover current crypto airdrops. In addition, the platform also provides a list of ongoing and potential airdrops with tasks and detailed guides, as well as data on token unlocks.
CryptoRank: https://x.com/CryptoRank_io
The latest fundraising rounds data on CryptoRank
https://cryptorank.io/funding-rounds
CypherHunter is a comprehensive database similar to LinkedIn designed specifically for the crypto world. It collects information on blockchain projects, people involved in the crypto field, and data on recent fundraising rounds.
CypherHunter: https://x.com/0xCypherHunter
Crunchbase is a website that tracks detailed project information, including funding rounds, major investors, and total funds raised. It also provides insights on employees, events, and potential contacts to connect with founders.
Crunchbase: https://x.com/crunchbase
Crypto Fundraising is a valuable resource that tracks the latest funding rounds, events, and news. It provides information on projects that are not yet covered by other analysis platforms. The website also provides a simple and convenient list of funds, investors, and their contacts.
Crypto Fundraising: https://x.com/Crypto_Dealflow
04 Token Economics
Token Unlocks is a service platform dedicated to tracking token unlocks and token economics data. The platform allows users to screen projects and tokens and conduct in-depth analysis of their potential. In addition, it monitors token economics data and upcoming supply unlock events in real time.
Token Unlocks: https://x.com/Token_Unlocks
CoinBrain is an analytics platform that provides on-chain and off-chain data. It provides multiple filters to help users search for newly created tokens. The platform also includes a list of new coins, a list of tokens that are about to be unlocked, and search functions across multiple categories.
CoinBrain: https://x.com/coinbraincom
Project Exploration
Many of the tools mentioned above are very useful for protocol discovery and narrative screening. In addition, there are some powerful multi-purpose dashboards that can help assess the current state of the market and explore new investment opportunities.
ChainBroker is a service designed to track various financial indicators of networks and tokens. It enables users to analyze market conditions, investor activity, and platform participation. The site also provides heat maps in certain categories to visually assess the potential of networks and assets over time or for a specific period.
ChainBroker: https://twitter.com/chain_broker
Protocol Dashboard on ChainBroker
https://chainbroker.io/projects/
DYOR is another excellent platform for tracking DeFi activity and provides a set of leaderboard dashboards based on specific on-chain metrics.
DYOR: https://x.com/dyorcryptoapp
Moni Discover is a unique tool that uses community-following trends to help you identify new early opportunities, from meme coins to infrastructure projects.
Moni Discover: https://x.com/getmoni_io
Trading
This category can be divided into three directions: Social & Copy Trading, Meme Coin Trading, and Market Analysis.
01 Social Trading
AlphaScan monitors the market sentiment of specific tokens and tracks the number of mentions of public chain coins and tokens on the X platform to show how often they are discussed on a specific day. In addition, it reveals the potential benefits that KOLs can earn by recommending tokens. This information can help evaluate the trading potential of certain bloggers and communities and measure the market heat of specific assets.
AlphaScan: https://x.com/alphascan_xyz
Cielo is a platform designed to monitor the transactions of top traders and gain market insights. It provides basic notifications and insights, allowing users to track other traders' wallets and copy trades based on these strategies.
Cielo: https://twitter.com/CieloFinance
Scopescan, formerly known as Watchers, is the first on-chain data analysis platform to leverage the 0xScope knowledge graph. It generates data on important connections in real time, providing comprehensive wallet activity information, a list of projects and tokens ranked by activity and total locked value (TVL), and insights on fund flows and smart money signals.
Scopescan: https://x.com/ScopeProtocol
Alphanomics is a multi-functional service platform that helps users track the flow of funds and transaction dynamics on the DEX chain in real time, so as to grasp the current market trends. The platform provides users with real-time insights, explores new asymmetric investment opportunities, tracks the strategies of the smartest traders and their wallets, and has a deep understanding of their portfolio management methods.
Alphanomics: https://x.com/Alphanomics_io
Smart Money DEX Stream on Alphanomics
https://platform.alphanomics.io/smart-dexstream
02 Meme Coin Trading
To find Meme Coins and other newly created trading pairs, two of the most popular platforms are DexScreener and DEXTools. These platforms can help find the best price, liquidity and activity for specific trading pairs, and can track wallet activity and many other functions.
DexScreenr: https://x.com/dexscreener
DEXTools: https://twitter.com/DEXToolsApp
To monitor smart contracts for potential malicious functions, it is recommended to use Honeypot (supports Ethereum, BNB chain and Base), De.Fi and SolidityScan.
Honeypot: https://www.honeypot.is/
De.Fi: https://de.fi/scanner
SolidityScan: https://solidityscan.com/
03 Market Analysis
TradingView is a leading platform used by traders worldwide and is known for its charts showing trading pairs of thousands of assets on major exchanges. Users can customize chart formats, add personal notes, and easily compare assets according to their needs.
TradingView: https://x.com/tradingview
CoinGecko and CoinMarketCap are among the most commonly used market data tracking platforms, both of which provide rich research centers for users to conduct in-depth analysis.
CoinGecko: https://twitter.com/coingecko
CoinMarketCap: https://twitter.com/CoinMarketCap
BlockchainCenter is a platform that focuses on providing a variety of visual charts and indicators to help users track and compare network data. It enables users to evaluate market conditions, asset status, and the dominance of specific currencies. The platform's visual charts are particularly prominent, which can effectively help novice traders grasp the current market trends.
BlockchainCenter: https://www.blockchaincenter.net/
BlockchainCenter's Bitcoin Rainbow Price Chart
https://www.blockchaincenter.net/en/bitcoin-rainbow-chart/
Glassnode helps traders and investors predict key trends and turning points in digital assets. The platform focuses on advanced blockchain and market data, providing unique insights into fund flows, asset fundamentals and market sentiment for Web3 blue chips. Glassnode also offers a variety of economic, financial, and cyber indicators, as well as research and reports on the state of the industry.
Glassnode: https://x.com/glassnode
Coinglass is a comprehensive platform for tracking the financial status of various markets. It monitors crypto markets and other assets, including liquidations, long and short positions, and options trading, making it ideal for professional traders.
Coinglass: https://x.com/coinglass_com
CryptoBubbles provides an intuitive service by presenting a market map in the form of bubbles. Users can easily track changes in market volume, identify which cryptocurrencies are actively rising or falling in price, view the proportion of holders of a specific asset, and observe its dynamics.
CryptoBubbles: https://x.com/bubblemaps
CryptoQuant is a powerful and community-driven market data research platform that provides a wealth of in-depth research and insights from the CryptoQuant team and its users.
CryptoQuant: https://x.com/cryptoquant_com
MarketCapOf allows users to estimate the price of a cryptocurrency if it reaches the market capitalization of another cryptocurrency. For example, if Ethereum had the market capitalization of Bitcoin, its price would be around $10,000.
MarketCapOf: https://x.com/MarketCapOf
Passive Income
Finding and managing the best passive investment pools can be challenging. Here are some tools to help you discover and manage these investment opportunities more efficiently.
Revert is a comprehensive exploration tool and UI designed for AMM liquidity providers on Uniswap V2, V3, and Sushiswap. It helps investors track investment efficiency and perform data analysis.
Revert: https://x.com/revertfinance
Other platforms that specialize in discovering high-quality passive income opportunities include De.Fi and DefiLlama.
De.Fi: https://de.fi/scanner
DefiLlama: https://x.com/DefiLlama
Airdrops
Although airdrops have received less attention than a year ago, they are still an important source of passive income for many users. As mentioned above, CryptoRank's tool suite can help users discover airdrops. Here are some platforms suitable for airdrop hunters.
DropsTab is an all-in-one tool for tracking portfolios, analyzing markets, and discovering new airdrops. Its powerful features allow it to replace multiple analysis tools at the same time.
DropsTab: https://x.com/dropstab_com
Bankless provides a service for tracking airdrops and promising projects, helping users choose projects to participate in and allowing them to check unclaimed airdrops associated with wallet addresses.
Bankless: https://x.com/BanklessHQ
Alpha Drops is a convenient platform dedicated to tracking airdrops in various Web3 fields. It provides user-friendly filtering functions, and users can select projects according to different fields. Each project page lists the available tasks, funding indicators and project stage information in detail, whether it is in the test network or main network stage.
Alpha Drops: https://x.com/MyAlphaDrops
Potential Airdrops Tab on Alpha Drops
https://www.alphadrops.net/alpha
AirdropsAlert is a website dedicated to aggregating current and upcoming token airdrops, providing detailed steps required to participate in these airdrops. Users can sort airdrops based on different criteria (such as whether KYC is required) to make it easier to find projects of interest.
AirdropsAlert: https://x.com/Airdropalertcom
Portfolio Tracking
With so many blockchains, assets, and pools, it can be challenging to track a diverse portfolio. The following tools can help you manage your day-to-day investments more efficiently.
DeBank is a platform focused on portfolio tracking and wallet checking. It is able to monitor all assets in a wallet, track transaction history, and view information such as changes in historical net worth.
DeBank: https://x.com/DebankDeFi
CoinStats is a comprehensive portfolio tracking and analysis platform that allows users to monitor asset status across the market and view financial data in their wallets. It also provides access to transaction history across multiple networks, capable of identifying fraudulent transactions against your address.
CoinStats: https://x.com/coinstats
Arkham provides powerful tools to connect cryptocurrency activity with individuals and institutions in the real world. The platform is able to track the operations of organizations, including large institutions and government entities.
Arkham: https://x.com/arkhamintel
Research
Cover companies that consistently publish valuable market research, focusing on macro trends, narratives, or specific protocols. In addition to Messari, CryptoQuant, and Glassnode, here are some other recommended research sources.
Delphi Digital is a research-driven company with a global team dedicated to accelerating and advancing cryptocurrency. It consists of three distinct entities - Research, Labs, and Ventures - that share the same brand and mission.
Delphi Digital: https://x.com/Delphi_Digital
Delphi's Featured Reports
https://members.delphidigital.io/
Chainalysis is a leading blockchain analytics company that provides compliance and investigation tools to banks, crypto companies, and government agencies. It offers a suite of tools for transaction tracing, risk analysis, and data visualization.
Chainalysis: https://x.com/chainalysis
Snap Finger Views
In the crypto market, in-depth research is the key to successful investment. By using a variety of tools, investors can gain more comprehensive market insights and analytical capabilities. The article lists 50 top DYOR tools, covering data analysis, trend monitoring, and social intelligence. These tools can not only help users better understand market dynamics, but also improve the accuracy of investment decisions.
By making rational use of these tools, investors can explore the crypto world more deeply and seize potential investment opportunities. At the same time, as the market continues to develop, maintaining a passion for learning and research is a quality that every crypto investor must possess. Using these DYOR tools, investors can navigate the complex crypto market with ease and make smarter investment choices.