Web3

Moralis Launches DeFi Positions

We’re thrilled to share that we’re making our Pockets API even higher – with the launch of our brand-new DeFi Positions function!

Introducing Our DeFi Positions Characteristic

At Moralis, we perceive the complexities concerned in monitoring a pockets’s DeFi positions. Many Web3 initiatives require detailed insights into the property and publicity a pockets holds throughout numerous DeFi protocols. Till now, builders needed to piece collectively information from a number of sources to know a pockets’s DeFi actions.

The Problem

Pockets holders usually have vital parts of their portfolios tied up in DeFi protocols to earn yield. We all know the difficulties concerned in getting a transparent image of those positions, which may go away customers with out important details about the worth and earnings of their staked property.

Our Answer

To unravel this, we developed our new DeFi Positions function. This addition to our Pockets API supplies complete insights into the DeFi actions of a pockets, together with interactions with protocols, the quantity of property staked, and particulars on unclaimed rewards. To revolutionize monitoring a pockets’s DeFi positions, we’re rolling out three new endpoints:

New Endpoints

  1. Abstract DeFi Protocols by Pockets: Get a abstract of all protocols a pockets interacts with, together with whole USD worth held and unclaimed rewards.
  2. Abstract DeFi Positions by Pockets: Obtain a standardized abstract of all protocol positions for a pockets.
  3. Detailed DeFi Positions by Pockets and Protocol: Entry detailed info on positions for a particular pockets and protocol.

Supported Protocols and Chains

We’re beginning with rolling out assist for 13 key protocols, together with Uniswap, Aave, Lido, and Maker, with plans so as to add many extra. Preliminary chain assist contains Arbitrum, Avalanche, Base, BSC, Ethereum, Linea, Optimism, and Polygon.

Advantages and Use Circumstances

  • Enhanced Portfolio Administration: Pockets builders can now provide higher portfolio administration options, growing person engagement.
  • Complete Insights: Portfolio trackers can present deeper insights into customers’ DeFi positions.
  • Correct Tax Reporting: Crypto tax corporations can improve their reporting accuracy with DeFi place information.
  • Knowledgeable Funding Choices: DeFi-focused funding corporations and analysts could make extra knowledgeable selections with detailed place information.

Discover the DeFi Positions Characteristic

Expertise the ability and ease of our new DeFi Positions function for your self. We’re assured it’ll make a major distinction in the way you method DeFi information in your initiatives!

Discover our DeFi Positions documentation to see how this new function can improve your growth workflow.

About Moralis

Moralis is a number one crypto information supplier that helps corporations construct nice person experiences and drive engagement, progress, and income of their purposes by Moralis’ suite of APIs and Moralis Nodes. These scalable, cross-chain information merchandise – such because the NFT API, Pockets API, Token API, Worth API, Blockchain API, Moralis Streams, and Moralis Nodes – search to bridge the event hole between Web2 and Web3.

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