How To Discover DeFi Gems? A Step-by-Step Guide
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How To Discover DeFi Gems? A Step-by-Step Guide

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Created 9mo ago, last updated 9mo ago

Did you know CMC DexScan can help you find DeFi gems with just a few clicks? Let us show you how!

How To Discover DeFi Gems? A Step-by-Step Guide

Table of Contents

You can easily find reliable crypto exchanges with CMC. But did you know that CoinMarketCap also has a DexScan that can help you find DeFi gems?

Let’s look into how you can leverage DexScan for your trading research.

How To Access DexScan

Go to the Cryptocurrencies tab and click on Dex Pairs to access the CMC DexScan:

How To Navigate DexScan

On the left-hand side, you can find more than 60 chains that you can click on to access different DEXes and trading pairs:

DexScan tracks many different established and new layer-1 and layer-2 blockchains like:

You can also access trending trading pairs and filter by different blockchains to discover which coins are hot:

Or dive a level deeper and filter by different decentralized exchanges on the blockchain networks:

How To Analyze Trading Pairs in Detail

One of DexScan’s greatest advantages is that it does not require manual listings because the trading pairs are pulled straight from on-chain data. This way you always have full coverage of the latest tokens and can find trending gems as soon as they are launched.

Click on any trading pair to open the detail page:

You can analyze data like total liquidity, volume and transactions over different time frames. If you scroll down, you also see a token’s complete trading history:
And the liquidity pools the token is trading in:

With the volume and liquidity of each liquidity pool listed, you can assess its health and popularity.

Another neat feature is the Holders button, which displays the concentration of tokens among the top 10 token holders:

How To Stay on Top of Trades and Trends

To receive notifications about the latest trades of a token, click on the three buttons next to the trading pair and click on the Add Telegram Bot option to add the CoinMarketCap Telegram price bot.

You can also scroll down to receive trade alerts straight on the CMC website:

And if you want to stay updated with the latest trending tokens, click on the Trending Pairs or Gainers & Losers on the main page to pull up the latest trends and hot token pairs:

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