Article Summary, Automatically Generated By AI
Summary of DEXTools
Key Points
- DEXTools is an app and ecosystem for traders, providing info on decentralized markets.
- DEXT is the native utility token, used for accessing top-tier features and premium trading groups.
- DEXTools includes features like Pool Explorer, Pair Explorer, Wallet Info, Big Swap Explorer, and Multiswap.
Numbers and Figures
- 200 Million tokens created at launch
- 50% of team funds (50M) burned, leaving a total supply of 150 Million DEXT
- 10% of subscription tokens burned each month, making it a deflationary system
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About DEXTools: Empowering Decentralized Trading Excellence
Introducing DEXTools (DEXT): A Revolutionary Decentralized Trading Ecosystem
DEXTools is a cutting-edge application and ecosystem designed specifically for traders, offering a comprehensive overview of decentralized markets. By seamlessly integrating blockchain data into a unified user interface, DEXTools empowers users to gain a crystal-clear understanding of their trading activities, investments, and the prevailing cryptomarket landscape.
DEXT is the indigenous utility token, serving as the cornerstone for:
- Unlock exclusive app features with a premium subscription or by holding a specific asset.
- Gain access to our elite trading group and participate in community-driven initiatives, including DEXT Force Ventures.
Our comprehensive DEXT toolkit encompasses:
- Pool Explorer provides real-time insights into liquidity shifts and the emergence of new pools on decentralized exchanges, empowering you to stay ahead of the curve.
- Pair Explorer offers a comprehensive overview of a token’s performance, featuring charts, transaction data, and project metrics, allowing you to make informed decisions.
- Wallet Info grants you access to track and monitor your favorite traders’ wallets, providing valuable market intelligence.
- Big Swap Explorer enables you to identify and track large transactions and whale activity, helping you navigate the market with confidence.
- Multiswap aggregates multiple DEX portals, significantly reducing your trading response time and enhancing your overall trading experience.
The Circulating Supply of DEXT Coins: A Closer Look
DEXTools debuted its application in June 2020 as a public beta, introducing an initial token supply of 200 million. Notably, 50% of the team’s allocated funds, equivalent to 50 million tokens, were subsequently burned, thereby reducing the total supply to 150 million DEXT. The tokens are utilized to facilitate subscription-based access to DEXT features. Furthermore, the DEXT Team implements a monthly token burn of 10%, effectively establishing a deflationary system. As a result, the current circulating supply stands at 100 million.
For further information, please refer to:
https://coinmarketcap.com/currencies/dextools/
The Visionaries Behind DEXTools: Meet the Founders
Meet Frederic and Javier, the visionary founders of DEXTools, a dynamic duo comprising seasoned traders and skilled developers. Their entrepreneurial journey began in 2020, when they embarked on the DEXTools project, self-funding their innovative venture. The seeds of their collaboration were sown in 2017, when they first crossed paths at a traders’ gathering, forging a lasting bond that ultimately led to the creation of DEXTools.
Pablo, the current Chief Technology Officer, came on board just a month after the launch, playing a pivotal role in nurturing the project’s early growth and establishing the groundwork for a more sophisticated and professional platform.
The widespread adoption of DEXTools by the DeFi community has catapulted DEXT to the forefront, establishing it as the epicenter of DeFi trading in its current form.
Unveiling the Unparalleled Excellence of DEXTools
DEXTools prioritizes the provision of high-quality data, leveraging its robust infrastructure to deliver reliable and real-time information. Moreover, the platform places a strong emphasis on community engagement, incorporating user feedback into its development process and actively supporting initiatives such as DEXT Force and DEXT Force Ventures.
DEXTools has evolved into its current form through the tireless efforts of its dedicated team, comprising 6 skilled members and 2 esteemed advisors, which has culminated in an impressive milestone of over 5 million unique users in the past month.
Acquiring DEXTools (DEXT): A Comprehensive Guide to Purchasing Options
DEXT is now accessible for trading on an expanding array of exchanges, boasting an increasing range of cryptocurrency and stablecoin pairing options.
As of March 1, Uniswap boasts the highest trading volume, surpassing its competitors. Notable alternatives include Bilaxy, Hoo, Hotbit, and Bkex, among others.