Trading and speculation on markets is still the most popular way to get into crypto. The memecoin trend alone makes this clear. But serious traders make up a big part of the market too, thanks to global liquidity and many high-volume trading pairs to take advantage of. Despite this popularity, great trading and analytics tools are still lacking. DYOR Labs is working to bring great trading tools and an easy user interface to traders of all sizes.
Let’s take a look at what DYOR Labs is all about.
Meet DYOR Labs
The first thing I noticed when I logged into the website was a Dexscreener-like screen on the front page of the website. And many of us use Dexscreener and like it so that’s a good start. Then, when I go to connect my wallet, I see the first difference between it and other trading analytics platforms.
You see there are 2 options here. I can just connect my wallet anonymously like on any other DeFi app OR there are extra features you can get if you choose to link your wallet with a Google account and do a social login. Currently, DYOR works with Solana, Tron, and EVM networks. All the most popular EVM networks and many L2s like Linea, Blast, and Base are there.
What Makes DYOR Labs Different?
Let’s take a look at what DYOR Labs offers to traders. The example we will use is the fun memecoin $PNUT for Peanut the Squirrel (RIP).
The page for $PNUT (and all listings) is very user-friendly. It has a running ticker at the top of current prices for the most active tokens and a nice Trading View-style chart showing $PNUT’s daily and hourly price action on Raydium. The trade history quickly shows us who is buying and selling and how much, along with wallet addresses.
This is particularly good for bot traders and copy traders who are researching wallets for insider activity and new trading opportunities. DYOR Labs’ multichart feature lets us customize what we want to view on screen. For example, $PNUT trades on Raydium as we see here. That’s the biggest DEX where you can buy. But due to this meme’s popularity, it’s available on lots of CEXes, too. The most liquidity right now is on
- OKX
- Bitunix (another CEX)
- Gate.io
- And Raydium in that order.
So if you want to buy $PNUT, wouldn’t you want to compare things like price, slippage, and liquidity across all 4 exchanges if you could do it easily in one place? Here you can do that with the multichart feature.
Project Pages for Issuers
Another cool feature is that if you have a project token, you can claim your token’s page and fill it up with great info for traders to find. That includes adding articles, videos, and other content, too. I suspect memecoins and smaller, newly launched projects will get the most benefit from this. Contact the DYOR team to claim your token’s page if you have a project and it’s not showing here yet. It’s another nice way to market your project.
Other Interactive Features
If we want to follow $PNUT’s trading activity over the course of a couple of weeks, we do that easily. You can lock in charts, save searches, access real-time Telegram feeds, and more for the projects you are following. And you can keep $PNUT or any other project front of mind (and website) for easy access when you login or connect each time.
These great features are helpful for all traders from beginner to advanced levels. But if DYOR Labs did these things but sucked at executing trades, then there is only limited benefit for traders. Thankfully, they have great execution including swaps that are on average 20% lower on gas and lightning fast.
Check out DYOR Labs today. It has some of the best charting and analytics tools for crypto traders in the market.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. This post is sponsored by DYOR Labs.
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