Crypto tools can help you find 50x alpha in #DeFi
50x alpha can turn you into a crypto pro
Here's how to use @tokenterminal to its full potential:๐๐งต
50x alpha can turn you into a crypto pro
Here's how to use @tokenterminal to its full potential:๐๐งต
1/ Go to @tokenterminal
-Toggle through to their dashboard here you can find:
โข Fees
โข Price to fees ratio (P/F)
โข Trends
โข Revenue
โข Price to sales ratio (P/S)
โข Total value locked
-Toggle through to their dashboard here you can find:
โข Fees
โข Price to fees ratio (P/F)
โข Trends
โข Revenue
โข Price to sales ratio (P/S)
โข Total value locked
2/ Look into the 7d fees:
โข Toggle for 7d fees
โข You now have a list of blockchains and protocols with the highest fees.
โข Make a list of everything!
โข Toggle for 7d fees
โข You now have a list of blockchains and protocols with the highest fees.
โข Make a list of everything!
3/ look at the yield
Is that income derived directly from fees?
โข How is it distributed?
Is that income derived directly from fees?
โข How is it distributed?
4/ Examine the P/F ratio.
This has the potential to identify undervalued protocols.
Protocols that generate a lot of fees but have a low market cap may be undervalued based on that metric alone.
This has the potential to identify undervalued protocols.
Protocols that generate a lot of fees but have a low market cap may be undervalued based on that metric alone.
5/ Consider the 7d fee trend.
You've seen the most expensive project fees, but you came here to be first, didn't you?
โข Change the trend of 7d fees.
โข Displays the projects with the highest fee increases in the last 7 days.
โข Keep track of all of these projects!
You've seen the most expensive project fees, but you came here to be first, didn't you?
โข Change the trend of 7d fees.
โข Displays the projects with the highest fee increases in the last 7 days.
โข Keep track of all of these projects!
6/ Careful consideration:
Now that you have a list of protocols with high fees, which is a good starting point, you should look into the following:
โข Community
โข Team
โข White-paper
โข Fundamentals
โข Investors
โข Market cap/Trading history
โข Tokenomics
Now that you have a list of protocols with high fees, which is a good starting point, you should look into the following:
โข Community
โข Team
โข White-paper
โข Fundamentals
โข Investors
โข Market cap/Trading history
โข Tokenomics
A few amazing Defi legends to check out:
@Routefi
@CryptoGirlNova
@DeFiMinty
@Only1temmy
@NDIDI_GRAM
@rektdiomedes
@ViktorDefi
@alpha_pls
@Dynamo_Patrick
@TheDeFinvestor
@MariusCrypt0
@Routefi
@CryptoGirlNova
@DeFiMinty
@Only1temmy
@NDIDI_GRAM
@rektdiomedes
@ViktorDefi
@alpha_pls
@Dynamo_Patrick
@TheDeFinvestor
@MariusCrypt0
@RouteFi @CryptoGirlNova @DeFiMinty @Only1temmy @NDIDI_GRAM @rektdiomedes @ViktorDefi @alpha_pls @Dynamo_Patrick @TheDeFinvestor @MariusCrypt0 If you made it this far. Thank you for your time ๐ซก
Follow me @cyrilxbt for more threads like this.
Drop a RT/like or reply. It means a lot to me ๐๐ค
Follow me @cyrilxbt for more threads like this.
Drop a RT/like or reply. It means a lot to me ๐๐ค
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