As Uniswap continues its stellar growth, a good portfolio tracker with Uniswap compatibility has become a must for many traders. New users, in particular, have found the old tools complex and confusing, and there is a clear need for asset management tools designed for decentralized finance.
Uniswap’s popularity continues to grow
Uniswap continues to grow in popularity, partly due to its open-source decentralized finance protocol. Based on Ethereum and trading ERC-20 coins, it has many features that fans of defi love.
Traders can access liquidity pools without the need for a third party exchange or any other form of third party, meaning there is no need to pay fees to a third party.
As an open-source protocol, it is owned by the community and is resistant to censorship and control. Trading is efficient and fast, and private keys remain safe with their owners as they are never stored with third parties.
Along with its growing popularity has come the need for useful, user-friendly asset management tools that are compatible.
Portfolio technology takes the next step
With decentralized finance’s explosive growth, it’s clear that this model is not going away anytime soon. The popularity of the defi movement has outgrown the ability of developers to keep up, leaving them scrambling to fill industry needs.
But the next generation of portfolio trackers is on its way, including Dexfolio’s Uniswap-compatible tracking mobile app.
These next-generation portfolio trackers simplify asset management, making them appealing to beginners in the crypto scene. With easy wallet connections, a user-friendly dashboard, meaningful price alerts, and quick access to data, any portfolio tracker that ticks all of these boxes is a winner in the eyes of beginners and seasoned traders alike.
Answering the call
Dexfolio saw the need for a portfolio tracker that ticked all the boxes, and a few more besides. With user experience sadly lacking in many of the older offerings, Dexfolio’s developers set out to design an app that looked and felt professional. It has a clean, user-friendly dashboard that simplifies the management of a complex portfolio as well as being easy for new traders to understand.
Extensive community consultation led to an app that had everything the community needed and nothing more, reducing clutter and improving speed, performance, and the user’s experience.
Built by those that know
Dexfolio’s developers are traders themselves. They know what works, what doesn’t, and what is just plain annoying.
They saw the need for an app that already included three of the fastest-growing exchanges: Pancakeswap, Uniswap, and Quickswap. There’s no need for a complicated onboarding process; the app has inbuilt compatibility for these exchanges. Other exchanges can be easily added to suit user needs.
Every aspect of defi portfolio management needs to be easy, and the new generation of portfolio trackers is delivering in many different ways.
No third parties here, thanks
Historically, cryptocurrency has been bought and sold through third party exchanges such as Bitcoin and Binance. This means that the technology used for asset management in the past has been designed for use with centralized entities. Some have even been adapted from technology used for fiat currency, such as banking apps.
But these older style apps are no longer adequate for managing increasingly complex portfolios, if indeed they ever were. Developers are creating solutions that meet user needs and work well with defi protocols, and users are the winners.
A Uniswap portfolio tracker for the future
As industry needs change, Dexfolio will continue to consult with its community for direction for its future growth. With intuitive data delivery and a user-first approach, it is Dexfolio’s aim to deliver an app that offers the best user experience on the market. With the new generation of portfolio management apps that take tracking to the next level, the future has never looked better for defi.
Written by Ben Sash
Ben Sash is the founder and CEO of Dexfolio, the company behind the industry-leading cryptocurrency tracking app.
Ben has led the development and design of digital products for over six years in his various roles with prominent e-commerce brands.
With his experience in leadership, product design, and agile development, Ben has built an unstoppable team and compiled the vision for Dexfolio to shape the industry and become a leader in its sector.