Details

What is DEXT

Tokens

1. What is dext?

Introduction to DEXTools (DEXT)

DEXTools is a decentralised exchange (DEX) tool designed to address common issues in the cryptocurrency market, such as low liquidity, price manipulation, and lack of transparency. Here are its main features and characteristics:

  1. Exchange Aggregator: DEXTools allows users to search for the best trading pairs and prices across different exchanges, enhancing trading efficiency and transparency.

  2. Real-time Market Data: DEXTools provides real-time market data, including trading pairs, liquidity, and trading volume, helping users make informed decisions.

  3. Addressing Market Issues: The primary goal of DEXTools is to tackle common issues in the cryptocurrency market, such as low liquidity, price manipulation, and lack of transparency, thereby improving overall market efficiency and security.

  4. Decentralised Finance (DeFi) Applications: DEXTools is part of the decentralised finance (DeFi) ecosystem, facilitating peer-to-peer trading of crypto assets without the need for a trusted third party or intermediary.

In summary, DEXTools is a tool aimed at improving the efficiency and transparency of the cryptocurrency market, helping users make better investment decisions by providing real-time market data and exchange aggregator functionalities.

2. Who founded dext?

DEXTools (DEXT) was founded by Frederic Fernandez and Javier Palonimo in 2020.

3. Which venture capital invested in dext?

According to the provided information, the following venture capitals have invested in cryptocurrency DeFi projects:

  1. Polychain Capital: Invested in Connext (June 14, 2023, strategic investment: $7.5 million).
  2. Hack VC: Invested in Tegro (June 2, 2023, seed round: $4.5 million), and other DeFi projects like Bybit, Amber, Wintermute, dYdX, and Vertex.
  3. Pantera Capital: Invested in Maverick Protocol (June 21, 2023), and Nibiru Chain (April 4, 2023, $8.5 million seed round).
  4. Coinbase Ventures: Invested in Connext (June 14, 2023, strategic investment: $7.5 million), and Tegro (June 2, 2023, seed round: $4.5 million).
  5. NGC Ventures: Invested in Connext (June 14, 2023, strategic investment: $7.5 million), and Nibiru Chain (April 4, 2023, $8.5 million seed round).
  6. SHIMA Capital: Invested in Earn Network (June 21, 2023, seed round: $2.7 million).
  7. DFG: Invested in Earn Network (June 21, 2023, seed round: $2.7 million).
  8. LD Capital: Invested in Earn Network (June 21, 2023, seed round: $2.7 million).
  9. BIXIN Ventures: Invested in Earn Network (June 21, 2023, seed round: $2.7 million).
  10. ViaBTC Capital: Invested in Earn Network (June 21, 2023, seed round: $2.7 million).

This information is sourced from the provided links.

4. How does dext operate?

Working principle of DEXTools (DEXT) cryptocurrency

DEXTools (DEXT) is a cryptocurrency project aimed at providing powerful tools and platforms for cryptocurrency exchanges to address common issues in the market, such as low liquidity, price manipulation, and lack of transparency.

Main Features

  1. Exchange Aggregator: DEXTools allows users to search for optimal trading pairs and prices across different exchanges, helping to solve the low liquidity problem.
  2. Data Analysis Tools: Provides real-time data on trading volume, price changes, and liquidity, helping users better understand market trends and price fluctuations.
  3. Decentralised and Secure: As a decentralised project, DEXTools emphasises user security and privacy, allowing users to trade and analyse data anonymously on the platform.

Using DEXTools

  1. Trading DEXT: Users can buy low and sell high on exchanges to profit from DEXT.
  2. Staking DEXT: Users can earn returns by staking DEXT or lending DEXT.
  3. Sending or Paying DEXT: Users can conveniently send DEXT to others via their recipient's address.

Conclusion

DEXTools (DEXT) is a project that provides powerful tools and data analysis for cryptocurrency traders, helping users achieve a better trading experience through exchange aggregation and rich data analytical features, while addressing some common issues in the market.

Share to