Best DeFi Tools for Balancer

Track your crypto trades and see your profits. You can quickly generate the crypto tax forms and financial reports you need. ZenLedger is compatible with all major exchanges including Binance, Coinbase, crypto including Bitcoin, Ethereum, Litecoin, and fiat currencies. ZenLedger will produce P&L statements for you and your tax professional, regardless of whether you are a day trader, miner, or Hodler. ZenLedger imports all transactions and prepares your documents. This includes the Capital Gains Reports and Income Reports as well as the Donation Reports and Closing Reports. ZenLedger can also connect you with a crypto tax professional (Tax attorney, CPA, and/or Enrolled Agent) to help you get your taxes done quickly, efficiently, and with the best tax strategies. All fully prepared plans include the 1040 and all schedules. All packages are subject to time limits.

Identify the highest-yielding liquidity pools, assess their performance, evaluate impermanent losses, and monitor yield farming rewards all in a single platform. Effectively oversee your liquidity pools while accurately calculating impermanent losses for better profit assessments. Keep track of your yield farming ventures and automatically compute your earnings from farming activities. Uncover top-performing liquidity pools ahead of the competition, and compare their performance using metrics such as APY, impermanent loss, and accrued fees. We determine your financial shift by analyzing the difference between your original assets at the initial entry prices and your current holdings at prevailing prices, which includes the fees accumulated to date. This comprehensive approach ensures a clearer understanding of your investment dynamics and profitability.

Discover community-driven Ethereum analytics that empower users to explore, create, and share insights effortlessly. With a vast array of dashboards catering to numerous projects, you can monitor essential metrics across DeFi, gaming, and beyond. Utilize SQL to query user-friendly data and design custom charts and dashboards that meet your specific needs. Our platform has simplified Ethereum smart contract data interpretation, enabling users to perform in-depth analyses with straightforward SQL queries through our user-friendly interface. Instantly transform your query results into visually appealing graphs that enhance your understanding. Dive into a treasure trove of thousands of queries and dashboards available for forking and exploration right now. Dune Analytics remains accessible for free forever, with the option to upgrade to our Pro plan for enhanced features like private queries and data exports. The wealth of insightful queries and dashboards on Dune is virtually limitless, offering valuable resources for both new and experienced analysts alike. Additionally, we provide a selection of top dashboards featuring leading projects, along with essential materials to help you kickstart your own analytical journey.

Token Terminal serves as a comprehensive platform that consolidates financial information regarding prominent blockchains and decentralized applications. We assert that both blockchains and decentralized applications share fundamental similarities with traditional marketplace enterprises. These entities are inherently digital businesses that generate revenue, which is then distributed among their supply-side participants, such as liquidity providers or miners, and their owners, the tokenholders. Just like conventional companies are managed by their shareholders, these blockchain projects are governed by their tokenholders. This perspective drives our goal to assess and analyze blockchains and dapps using financial key performance indicators (KPIs) while addressing the common misconception that cryptocurrencies are solely about currency transactions. As the landscape of blockchains and dapps continues to expand, their value can increasingly be determined through metrics of usage and cash flow, highlighting the need for a more nuanced understanding of their financial implications. Ultimately, this approach allows for a clearer appreciation of the economic potential these digital ecosystems hold.

Driven by a passion for delving into the intricacies of the DAO ecosystem, we have developed a platform that aggregates and categorizes diverse quantitative and qualitative data regarding DAOs, showcasing this information through an engaging interactive dashboard for public access. Our efforts are ongoing as we broaden the range of metrics we gather and the DAO platforms we analyze. While the financial components of DAOs certainly hold intrigue and importance, governance remains at the core of any DAO's identity. Therefore, we investigate the underlying mechanisms of DAOs by examining proposals, voting behaviors, levels of decentralization, and the dynamics of member participation and growth. Our goal is to reveal every aspect of the DAO landscape, and we find joy in the process of exploration and analysis. We meticulously curate lists of DAOs from leading platforms, prioritizing those with the highest total assets under management, member counts, proposal submissions, and voting participation. As we continue to enhance our dashboard, our commitment to including more DAOs remains steadfast, ensuring that we provide comprehensive insights into this evolving ecosystem.

Evaluate returns in relation to opportunity cost. As a liquidity provider, you contribute a designated proportion of assets to enable trading within the pool. Your profits come from trading fees, while you also incur the expenses associated with maintaining that specific asset ratio. Each transaction results in fees being allocated to the pool, which accumulate in both tokens and ETH. The returns from the pool are compared to holding a set amount of both tokens and ETH without actually providing liquidity. Each liquidity provider experiences distinct returns influenced by their unique entry and exit timings. The returns illustrated in the chart above represent an investment in the pool made exactly 30 days prior. It's essential to keep your team and stakeholders informed through actionable reports and dashboards, which can help identify new avenues for growth while concentrating on your key success metrics. Regular updates will not only enhance transparency but also foster a collaborative environment focused on shared objectives.

Ocean Protocol transforms the potential of data into tangible value. Through the Ocean Market application, data providers and users can securely publish, search for, and utilize data while ensuring privacy. Additionally, liquidity holders stake their assets into data pools to enhance the ecosystem. Developers are empowered to create their own data wallets and marketplaces by utilizing Ocean's libraries. The protocol encapsulates data services within industry-standard ERC20 tokens, facilitating the development of data wallets, exchanges, and collectives by harnessing the capabilities of cryptocurrency wallets and decentralized finance (DeFi) tools. Ocean simplifies the process of both publishing (deploying and minting ERC20 data tokens) and utilizing data services (exchanging data tokens). As a result, traditional crypto wallets evolve into data wallets, crypto exchanges transform into data marketplaces, and decentralized autonomous organizations (DAOs) can function as data cooperatives. The integration of data tokens serves as a crucial link, connecting data assets with blockchain and DeFi solutions. Ultimately, this innovative approach allows for a seamless transition where crypto wallets become data wallets, exchanges evolve into data marketplaces, and DAOs are repurposed for data-related collaborations, enhancing the overall functionality through DeFi composability. This evolution signifies a revolutionary shift in how data is managed and monetized in the digital landscape.

Our goal is to democratize decentralized finance, making it easy for everyone to engage in DeFi investments. To empower our users to make informed decisions, we have developed a sophisticated risk assessment system tailored for DeFi. The Rate My Wallet feature swiftly evaluates the risk associated with users' current portfolios. Utilizing our advanced DeFi graph, our specialists can analyze a multitude of risk factors and assess each liquidity pool by correlating it with the risks of the various protocols, assets, or chains it depends on. Exponential aids investors in discovering suitable yield opportunities throughout DeFi, allowing them to make comparisons among prominent chains and protocols. Users can conveniently search for new liquidity pools by applying filters such as risk rating, annual percentage yield (APY), and total value locked (TVL). Moreover, Exponential is set to enable users to invest directly in DeFi liquidity pools across leading chains through our custodial platform, further simplifying the investment process. This commitment to accessibility ensures that all investors, regardless of experience level, can partake in the DeFi revolution.