With the development of blockchain technology and the increasing number of users, the demand for platforms that bring crypto communities together is skyrocketing. One such platform has become DeBank. It is a crypto-social network that not only allows you to track decentralised assets, but also allows you to interact with other users, participate in airdrops, quests, and share your portfolios and insights.

DeBank for Web3 is no longer just a monitoring service, but has turned into a full-fledged ecosystem where network members can communicate, analyse the market, get information about popular tokens, join groups, discuss popular requests and much more. In this article we will explore what is DeBank, its features, how you can use the platform to earn money and how to become more popular and in demand.

What is DeBank

First and foremost, DeBank is a cryptocurrency asset management and tracking platform that allows users to view their assets on various blockchains (Ethereum, Binance Smart Cash, Polygon and others) in one place. With its help, you will be able to track your wallet balance, completed transactions, return on investment, and manage your assets through the platform’s functionality.

The main functions of DeBank crypto:

  • Asset Monitoring. Clients can see all their cryptocurrencies and tokens distributed across different networks in a single interface.
  • Yield Tracking. The platform shows the total return on your assets, taking into account changes in their price over different time periods.
  • Transaction Analysis. DeBank provides users with information about all transactions made on your wallets that you have specified, including data on smart contracts and decentralised applications.
  • Support for dApps. The platform can be integrated with various decentralised applications, including services such as Uniswap, Aave, Compound and others, and it gives users the ability to manage multiple dApps through DeBank’s backend interface.
  • Wallet compatibility. Popular crypto wallets such as MetaMask, Trust Wallet, Coinbase Wallet and others are supported.

DeBank is useful for clients because it brings together asset management across various blockchain networks and decentralised applications in a single interface. This allows for more efficient asset management.

How DeBank works

DeBank for Solana and other protocols offers users a comprehensive dashboard for tracking and managing crypto assets. When you connect your crypto wallets to the platform, you get to view a detailed overview of your assets across different protocols through a single interface. These include decentralised lending platforms, stablecoins, margin trading platforms and decentralised exchanges (DEX). The platform aggregates data from nearly 800 DeFi protocols across more than 15 blockchains, providing a holistic view of your investments.

It is important to note that the user sees not just numbers on the screen, but advice. DeBank is able to analyse and provide data in real time. Such tips help clients to make informed decisions. The client can track the efficiency of the collected portfolio, find out the amount of interest received through different protocols and compare interest rates across different platforms. In addition, DeBank has an internal service to exchange tokens between users.

For developers, DeBank provides API endpoints that can be integrated into their applications. These APIs provide valuable information about users, chains, protocols and tokens, extending the functionality of DeFi applications. This makes DeBank not only a valuable tool for individual investors, but also a resource for developers looking to utilise its extensive data infrastructure.

The service strives to create the perfect interface and functionality that satisfies all users. Many investors want to see a clear picture of their portfolio returns. The Time Machine feature allows you to select an asset and two dates, then see how the price has changed over that time period. If you are interested in in-depth transaction analysis, you should select the ‘Transaction History Analysis Mode’ function. These features provide users with advanced capabilities to manage and optimise their DeFi portfolios.

Key features of the DeBank service

We have already outlined some of the important functions of DeBank testnet, but for a full acquaintance with the platform, it is necessary to outline all the features. DeBank’s functionality is aimed at improving the skills of analysing the market and choosing optimal solutions for investments.

Functionality of DeBank service:

  • Time Machine. Allows users to compare changes in assets between two dates. This gives an opportunity to evaluate the efficiency of the portfolio for certain periods of time.
  • Transaction History Analysis Mode. This feature aims at in-depth analysis of transactions at any address. You will be able to understand the flow of assets and identify trends.
  • Tracking up to 3,000 users. This is an increased subscription limit for DeBank. It is needed to increase the number of account addresses a client can receive information from.
  • View portfolio changes. This is a basic tool on the current state of your portfolio. Clients have the ability to track price fluctuations in real time, as well as check returns over the last 24 hours.
  • Portfolio Summary View. Through this feature, the user can get a summary of asset changes, getting a quick overview of investment performance.
  • Set an avatar other than NFT. Allows users to set any image as their profile avatar, personalising your DeBank profile.
  • Set cover art for profile page. Allows users to set a cover for their profile page, enhancing the visual appeal of their profile.
  • Track up to 300 official accounts. Users can increase the subscription limit for official accounts. This allows DeBank customers to follow a large number of official Web3 projects and services.

Together, these features offer users advanced capabilities to track, analyse and manage their DeFi investments, ensuring reliable information and the most efficient use of digital assets.

Getting started with the protocol

DeBank Wallet is available for use in a browser-based version on PCs and smartphones, as well as an app on iOS and Android devices. We will tell you how to work with the protocol through the browser on your device.

The first thing to start working with the service is to connect your cryptocurrency wallet. To do this, open the official website of the protocol and click ‘Log in via web3 wallet’ in the upper right corner.

Among the available connection options will be Rainbow Wallet, Trust Wallet, Zerion, Core, Coinbase Wallet and others. There is also an option to verify via Email, but with this connection you will not be able to track transactions on your portfolio.

After you have connected your wallet, you will see the main page of your profile, which will display the balance of your wallet and its dynamics. You have the option to change the name of your wallet to one that will be seen by other users of the platform.

Each client has their own avatar. The rating of your profile in the service is indicated under it. If you click on the rating number under the avatar, the ‘WEB3 Social Ranking’ page will open with a full rating of all wallets, depending on the value of assets on them (so you can find whales and look at their portfolios).

If you click on any wallet, you will see 5 sections with detailed information. The Stream and Badge sections specify information on the user’s interaction with the platform. The former will have chat and posting data, while the latter will include badges received for activity. These are not the most interesting sections from the investment point of view, they reflect the social activity of the wallet owner.

DeBank also shows other information. The Portfolio section will have a breakdown of all assets, depending on the blockchain used. The next useful section is NFT. In it, you can see all the non-replaceable tokens held by the wallet owner, and on different blockchains (you can choose manually). The Transactions block completes the section with information about the wallet. This section contains information about all the actions that were performed with the selected wallet. It is noteworthy that you can see information up to the liquidity pools the owner sends his assets to and on which platforms.

The client gets even more useful information and opportunities in DeBank when going to the More section. There are four separate blocks in it. Through Bandles, clients have the opportunity to connect several accounts at once and combine them into one group. This allows you to track information on several assets in one place. This is especially useful for those who use different protocols in the DeFi sector.

If you are interested in who owns the biggest assets in the industry, then you need to go to the Whales section. It provides a ranking of the biggest cryptocurrency wallets. Through Protocols you can watch brief analytics on popular DeFi protocols, and with Vote you can vote for meaningful changes in the development of the platform.

Pros of DeBank

  • Comprehensive portfolio management. With the service, you can track your DeFi investments across nearly 800 protocols in over 15 blockchains, including popular ones like Ethereum and Binance Smart Chain. This allows users to have a centralised view of all their DeFi assets, making it easier to manage and monitor investments.
  • Real-time data and analytics. The platform offers real-time analytics and data, allowing you to make decisions based on your current situation. This is helped by the Time Machine and Transaction History Analysis Mode features. Both services provide access to your portfolio returns, allowing you to choose your investment strategy and make optimisations to your portfolio.
  • Developer-friendly API. DeBank’s API endpoints are useful for developers who want to integrate DeFi’s detailed data into their applications. This allows the platform to be used not only by individual investors, but also by those who create full-fledged programmes and protocols dedicated to investing in the crypto industry.

Minuses of DeBank

  • Subscription cost. DeBank has great functionality, but some of the useful tools are provided on a paid basis. This may discourage users who are looking for a free tool to analyse their portfolio.
  • Difficulty for beginners. The wide range of features and data that seasoned investors appreciate can be confusing to a newcomer to DeFi. Users with little experience in finance or blockchain technology may find it difficult to navigate and fully utilise all the features the platform offers.
  • Dependence on multiple blockchains. Supporting multiple networks expands the functionality of clients as they can analyse a greater number of assets. It can also be a disadvantage, as DeBank depends on the stability and functionality of different networks. Any problems and failures with the supported networks will reflect on DeBank’s performance.

How to make money with DeBank

We will tell you about the ways you can use to earn on DeBank.

Participate in the Lucky Draw and Reward pool. You can earn your first 10-100 dollars. The main thing is to try to pump up your own profile by the number of subscribers and TVF, as well as to participate in all money giveaways. This is a very useful feature for beginners, as they have a chance to get money to participate in activities that allow you to increase your income.

Sell information through posts. DeBank’s functionality is growing and now clients have the opportunity to make an announcement of interesting news and sell its continuation for $0.1-10. For example, you can create a publication with a selection of useful crypto services you use or other useful information. In order for the post to be seen by more users you can use the Reward pool for promotion. Note that DeBank takes a commission from every sale you make.

Subscribe to other users for donations. The Hi offer price dialogue system allows a person to put a price on the first message. Some users can refer other customers who have a large Total Value to boost their own TVF. If your account has a good rating or you have a large wallet balance, you can earn extra income. You will be contacted to start chatting and get into subscribers. You can set any value you want. There are profiles that cost $100-$500 to start a dialogue with.

Sell advertising. DeBank, like other social networks, is becoming a place that big brands are looking to tap into. Do not spare money to promote your profile, increase TVF and you can become in demand with advertisers. The latter will be ready to pay a lot of money for advertising, as DeBank has a solvent audience.

To promote your profile you should be an active user. Create content and publish it regularly. Become in demand with other users, so pump up your skills. Your posts should benefit other members of the community. It’s easier to promote your profile with investment. In the Reward pool, you can send a few dollars from yourself, so that users are active under the publications. The main thing is quality content that will propel you to the top.

Just use DeBank. The platform has launched an XP points programme in 2024, which can then be exchanged for tokens from DeBank. You need to use the service and collect points. XP holders will be the first recipients of tokens as part of DeBank Airdrop.

How to raise your rating in DeBank

Rating is the main indicator of the quality, reliability and level of an account. We will share tips and recommendations that will allow you to pump up your rating. Taking into account the possible income from advertising, then these tips will not only be useful, but in the long run will bring additional income.

The main recommendations are:

  • Total Value. Increase the balance of your wallet, the more funds, the more points of the rating system the user has.
  • Number of Followers. As in other social networks, in DeBank the size of the audience remains an important indicator. To gain subscribers quickly, you should publish high-quality posts and, if possible, conduct Lucky Draw. You can do this in Stream New Post. To make a post with paid information, use Thread. At the initial stage, you can look for users who agree to mutually subscribe.
  • TVF (raise the amount of follower wallets). This doesn’t mean you have to transfer money to them. The amount of TVF is equal to the total amount of capital on your subscribers’ wallets. To increase the position in the rating you need to find a few follower with significant funds on the balance.
  • Trust. Metric shows the quality of content. It is important for publications to resonate. The higher the quality of content, the higher the Trust.
  • Increase the number of badges. If you have several accounts and some of them have been retrodropped, you should start being active on that account, because badges increase your ranking a lot. The badges that have received the least amount of users are especially valuable.
  • Increase the number of days from the first wallet transaction. The 100 and 1,000 days of wallet life give badges that have value. The age of the wallet also increases the ranking by itself.
  • Increase the number of Non-sybil badges. Sybil is a scammer’s account or multi-account. You can give Non-sybil marks to different users and then in paid messages ask them to give this mark to you.

Your profile’s position in the rating is also affected by your activity. You have to like, write comments to other users. This and the above tips will help you to rise faster in the ranking of DeBank users.

Conclusion

DeBank meaning is hard to overestimate. The platform has become a great solution for the cryptocurrency community. They can now share news, blog, analyse assets and look for new areas to invest in one portal. There is no DeBank Alternative, as the platform has a wide range of functionality available to both beginners and experienced investors.

Most of the platform’s features are available for free, but there are also paid services. Note that free functionality is enough for beginners, but those who approach investments as a main source of income will not be sorry to pay for good functionality, as it will increase the efficiency of work.ll-known authors and projects with a good reputation are more likely to be a good choice for investment.