Dex Tracker by Gecko Terminal: Spot Liquidity Pools With Accuracy

Decentralized exchanges have significantly impacted how digital assets are traded by democratizing access to trading and providing transparency; they have played a crucial role in the explosive growth of the Defi ecosystem. However, like many other innovations in the blockchain ecosystem, user experience is still an issue.

Anyone who has tried to closely monitor liquidity pools’ performance faces the common frustration of complexity and the time-consuming nature of tracking relevant data. From monitoring liquidity levels to identifying potential risks, the process often involves sifting through raw blockchain data or relying on complex analytics tools.

Blockscout solves this with a real-time Dex tracker powered by Gecko Terminal! Leveraging CoinGecko, this tool effortlessly helps users discover liquidity pools across various exchanges. It eliminates complexity by providing detailed information about specific pools, including their contract addresses.

Start using the Dex tracker

To start using the Dex tracker, go to your block explorer. Click on the tokens section and select the Dex tracker tab.

The Dex tracker provides an interface that simplifies the key details for liquidity pools.

You can search for liquidity pools by entering the pair’s name, token symbol, or address in the search bar. This also helps filter out pools for a specific token. From the image, you can see the pool, the decentralized exchange it is on, the liquidity in USD, and a link to view it in the Gecko terminal.

Each pool contains details such as the liquidity pair name, the swap fee for traders when they trade  (e.g., WETH/USDC (0.05%), and the contract address.

View in Gecko Terminal

When you click the "view in" link, you will be taken to a Gecko Terminal dashboard for the specific liquidity pool pair.

The dashboard displays a live chart of the pool represented by candlesticks.

You can start trading with a variety of exchanges

The dashboard also provides more information about the liquidity pool.

Explore dedicated pool pages

Click on the pool pair to check out detailed information on the specific liquidity pool.

The pool page begins with the name of the liquidity pool and the associated swap fee. 

Let’s go over each detail on the WETH/USDC pool;

• Base token — This is the token that is being bought or sold in exchange for the "quote token."
• Quote token —  The base token (WETH) price is typically quoted in terms of the quote token (USDC).
• Base token FDV — FDV stands for Fully Diluted Valuation. This is the theoretical market capitalization of the base token (WETH) if the entire maximum supply of the token is circulated. It's calculated by multiplying the total supply of WETH by its current price.
• Base token market cap — This is the current market capitalization of the base token (WETH). It's calculated by multiplying the current circulating supply of WETH by its current price. In this case, the FDV and market cap are the same, suggesting a large portion of the total WETH supply is circulating.
• Quote token FDV — This is the Fully Diluted Valuation of the quote token.
• Quote token market cap — This is the current market capitalization of the quote token.
• Liquidity — This represents the total value of WETH and USDC currently locked within this specific liquidity pool. Higher liquidity generally indicates that larger trades can be executed with less price slippage.
• Dex — This is the decentralized exchange where the pool is deployed.

Spot pools on your favorite protocols

Dex tracker is currently live on some of your favorite protocols, including;

• Berachain Explorer
• Soneium Network Explorer
• Storyscan Explorer
• Unichain Explorer
• Educhain
• Arbitrum Nova Explorer
• Lisk Explorer
• Viction
• Neon Explorer

Look for additional implementations coming soon to a blockchain near you!