How to Use DeBank to Track Your Crypto Assets Effectively
DeBank is a powerful yet simple Web3 tool that enables crypto investors to track their digital assets across Ethereum and EVM-compatible blockchains. Whether you’re monitoring DeFi investments, liquidity pools, or NFT holdings, DeBank provides a centralized dashboard to view and manage everything. This tutorial will walk you through how to use DeBank step by step.
Getting Started With DeBank
- Go to DeBank.com.
- Click “Connect Wallet.”
- Select your preferred Web3 wallet (MetaMask, WalletConnect, Coinbase Wallet, etc.).
- Grant read-only permissions (no private keys required).
- Explore your dashboard to see real-time asset balances.
Dashboard Overview
- Portfolio Section: Displays token balances, net worth, and asset distribution.
- DeFi Protocols: Shows investments across protocols like Aave, Compound, and Uniswap.
- Transaction History: Offers a transparent record of deposits, swaps, and transfers.
Comparison of DeBank Features
| Feature | DeBank | Other Tools |
|---|---|---|
| Real-time tracking | Yes | Yes |
| Gas fee monitoring | Yes | No |
| Cross-chain support | Yes | Limited |
| Community engagement | Yes | No |
Steps to Monitor Your DeFi Portfolio
- After connecting your wallet, review the “DeFi” tab.
- Click into each protocol for details on positions, collateral, and yield.
- Track pending rewards and claimable tokens.
- Export transaction data for recordkeeping or tax purposes.
Pros and Cons
- Pros:
- Real-time asset overview
- Strong DeFi integration
- User-friendly dashboard
- Cons:
- Limited support for Bitcoin and non-EVM assets
- No built-in tax reporting
FAQs
Does DeBank charge a fee?
No, DeBank is free to use. However, gas fees apply when interacting with DeFi protocols.
Can I track NFTs in DeBank?
Yes, DeBank includes NFT wallet tracking on supported chains.
Is DeBank only for advanced users?
No, the platform is designed for both beginners and experienced investors.
Conclusion: DeBank is a must-have tool for anyone active in DeFi. By offering a secure, free, and intuitive portfolio tracker, it simplifies crypto asset management. Get started today by visiting the DeBank platform or reading additional resources on DeFi Llama for protocol analytics.