DeFi Heatmap Beta Released!
Alex Barry | Wed Feb 10 2021
The first ever community call for Quantify Crypto will take place today at 7pm Eastern Time US (11pm UTC) on Google Meets https://meet.google.com/tzi-wucm-mnk We are unveiling https://defiheatmap.com our first DeFi product that has been in stealth development since Q4 of last year. The DeFi boom this past Summer made us realize just how dominant the network effects of Ethereum are, and we have begun to pivot our existing analytics platform to include on-chain analysis of Ethereum accounts and major DeFi smart contracts in addition to our technical analysis products.
Features of Defi Heatmap:
Portfolio Analysis:
We allow users to connect their wallet and view balances, transaction history, pool deposits and stakes, along with loans and debts all from a simple, easy to understand display.
This is an Ethereum wallet overview
Quick trade interface:
When you click on any tile on the heatmap, you are taken to the corresponding pair page, and have the ability to trade directly on Uniswap, the days of copying/pasting addresses with multiple etherscan windows open are over!
Chainlink Page:
Market overview:
Our heatmap provides an overview of the entire market, making it easy to spot hot new coins and the biggest movers. You can import the address of any Ethereum account and view its holdings as a heatmap, this is especially useful when tracking large accounts that belong to exchanges and whales.
Here is an example of one of Binance's wallets (Binance 2):
Future planned improvements:
Quantify Crypto:
Many of the widgets and charts from the Quantify Crypto coin pages will be implemented on the coin pages for defi heatmap. We are very excited to improve our offering by integrating additional defi projects.
Synthetix:
Quantify Crypto was started as an analytics platform to provide an overview of the crypto market in the simplest way possible. Many of the assets we track do not trade natively on Ethereum as ERC20 tokens, so we plan to implement as many synthetic assets from the Synthetix Network as possible, specifically sADA, sDOT, sLTC, sBNB, sEOS, sTRX, sXMR, sXTZ, sDASH and sETC are what we are most interested in (maybe they will get sXLM and sAVAX soon).
Balancer:
Ethereum network fees have returned to the levels not seen since the DeFi Summer of 2020, however Ethereum was only $400 then, and is currently trading at $1750 now (more than 4x higher) so the fees in USD terms are also more than 4x higher. We are eagerly awaiting the planned release of Balancer V2 this March. Due to the high network fees on Ethereum, we view investing in a pool of assets with a single transaction will help reduce the gas costs needed to create a properly diversified portfolio of Ethereum assets.
Community requested features:
We want to hear from YOU! Our users on what features you would like to see in our product, please join us in the community call tonight, or reach out to us on Discord: https://discord.gg/KC5RbBCthS Telegram: https://t.me/Quantify_Crypto and Twitter: https://twitter.com/Quantify_Crypto
The platform Quantify Crypto provides live cryptocurrency prices, technical analysis, news, heatmaps and more. Our flagship product is the trend algorithm, designed to be on the correct side of significant cryptocurrency price moves. We are a new site, please check us out and let us know what you like and do not like about the site. None of this is meant to be financial advice and I do not have any financial expertise. Although I worked at the New York Stock Exchange for over 23 years, it was as a developer supporting computer systems, not as a stock trader. Full discloser: I do own Bitcoin and have stock positions.