The Ultimate Guide to Using DEX Screener for DeFi
With the pace of decentralized finance (DeFi) moving faster than ever, it is important to stay on top of market trends and catch new tokens early in the crypto space. Whether you're a seasoned trader or just diving into the trenches for the first time, having access to real-time data, analytics, and a no-brainer interface can make your research 10x better. That’s where DEX Screener comes in.
DEX Screener is a user-friendly crypto tool that lets you dig deep into the world of DeFi across multiple chains and DEXs. With its real-time charts, alerts, trading history, and in-depth metrics, it's become a go-to for anyone looking to make smarter trading decisions. In this guide, we’ll walk you through everything you need to know to get the most out of DEX Screener—from basic features to performing detailed token analysis using both fundamental and technical.
What is DEX Screener?
DEX Screener is an online crypto analysis tool for exploring data across various decentralized exchanges (DEXs) and supporting networks like Ethereum, Solana, Hyperliquid, BNB Chain, Sonic, Arbitrum, and more.
Users can monitor the price, trading volume, and on-chain trades of various tokens (even long-tail) and use this data to make informed decisions. This easy-to-use platform is popular among beginner and advanced crypto traders because of its tools and features, most of which are free to use.
What are the benefits of using DEX Screener?
Unlike DEXs, which restrict your token browsing to a few chains, DEX screener has over 80 chains and hundreds of thousands of tokens, including the oldest Bitcoin and the newest tokens created just moments ago. All types of users including investors, traders, developers, and more can take advantage of this tool.
Let's talk about the key features of DEX Screener:
- Real-time charts and trades: DEX Screener sources all the data from DEXs and blockchains in real time, synchronizing every price movement across the web. This invaluable resource allows you to analyze real-time data and get insights into market trends to keep you updated every time.
- Unlimited watchlist: Have you ever felt frustrated searching for your favorite tokens multiple times a day and struggling to keep track of their prices? With the watchlist feature, you can add token pairs in one place to easily monitor their prices. DEX Screener enables you to create unlimited watchlists, which you can organize by name and easily access from the menu.
- Unlimited price alerts: Alerts allow you to make informed decisions by tracking the price change of a crypto asset. You can easily set price alerts for any trading pair by choosing a target price or a percentage change.
- Customizable screeners with several metrics, such as volume, cost change, liquidity, and market cap: Whether a long-tail asset or a Top 10 token, DEX Screener provides data on price changes, cash flow, and more. Search for the asset, click on the token pair, or filter tokens by network, DEX, liquidity, volume, and additional criteria to monitor easily.
- Support for 90+ chains, hundreds of DEXs, and hundreds of thousands of pairs: DEX Screener supports millions of token pairs across 90+ chains and hundreds of DEXs. This allows users to track and analyze data across multiple decentralized exchanges so they can make better decisions.
Analyze Real-Time Data
Before starting the analysis, let's understand how the data is sourced and displayed on the DEX Screener. The data comes directly from the blockchains it monitors, without relying on external APIs or data sources. A custom-built indexer parses, analyzes, and stores raw blockchain logs, which are then used to generate screeners, charts, and analytics.
This means all data is processed automatically in real time without human intervention. So make sure to use all the available tools and resources to do your own research before engaging with any tokens or smart contracts.
DEX Screener fulfills multiple roles, including performing fundamental and technical analysis. Let's see how you can use the application's functionality for token analysis.
Fundamental Analysis
Fundamental analysis is the study of finding the value of a token by examining all the available information. By using DEX Screener, you can find all the important information in one place:
- Liquidity, volume, and market cap
- Tokenomics
- Whitepaper/Website
- Wallet activity trends
- Smart contract code
- Social media handles and more
All of these factors can help to determine the credibility of the token/project.
Technical Analysis
Technical analysis is the study of price charts, trading volume, and other indicators to predict future price movements. You can use tools like candlestick patterns, moving averages, RSI, MACD, and support/resistance levels directly on the DEX Screener chart interface, powered by TradingView. Traders analyze these patterns and indicators to mark entry and exit points, shifts in momentum, and directions of trends to capitalise on the price movements.
Developers can also create their own bot with the free API from DEX Screener for instant notifications on the Discord app, Telegram channel, or any other social app.
How to buy tokens you find on DEX Screener
After doing your token research on DEX Screener, the next challenge is often getting access to it—especially if it's on a different blockchain. That’s where deBridge comes in. With support for over 20 chains and even long-tail assets, deBridge makes it simple to bridge and swap your funds across ecosystems directly to your favorite asset so you can quickly jump into new opportunities.
If you're chasing the newest meme coin or keeping up with trends on X, deBridge provides a fast and secure way to trade to any asset, wherever it is. deBridge now also displays the top trending tokens right above the app, which may also give you ideas and inspiration for research.
Simply connect your wallet, select the chain and assets, and sign the transactions, and your crypto will quickly arrive in your wallet! Explore the trenches, stay safe, and most importantly — have fun.