Decentralized finance, or DeFi for short, is a term that covers a wide range of decentralized financial applications on the blockchain.
By Mrig P
Published on Dec 5, 2023
Last modified on Apr 22, 2025
Decentralized finance, or for short, is a term that covers a wide range of decentralized financial applications on the blockchain.
But like any emerging technology, it can be confusing for newcomers.
In this article, we look at 20+ tools that can help with your first foray into DeFi.
Metamask is a non-custodial wallet that allows you to store, send, and swap ETH and Ethereum-based crypto assets, such as NFTs. You can also buy ETH directly in your MetaMask wallet via MoonPay.
Metamask also helps you connect to blockchain-based decentralized applications and manage assets safely with a key vault, secure login, token wallet, and token exchange.
You can download MetaMask as a browser extension or a mobile application.
Key Features:
Pricing: Free.
Argent is a non-custodial smart contract wallet that enables you to buy, earn, stake and trade on Ethereum Layer-2.
It holds each user’s private keys on their mobile device and locks their funds in a smart contract. This mitigates the risks of storing private keys elsewhere.
Key Features:
Pricing: Free.
Pro tip: Check whether a wallet supports the tokens you’re transferring before you send them. If a wallet doesn’t support a token, you’ll likely lose your funds if you try sending those tokens to that wallet.
Gnosis Safe is a multiple-signature (multisig) Ethereum-based wallet that helps you securely store ERC-20 tokens and interact with decentralized applications and DeFi platforms.
It’s available as a mobile app, desktop app, and browser extension.
Key Features:
Pricing: Free.
Monolith is a non-custodial crypto wallet that comes with a Visa crypto debit card that you can use anywhere in the world where Visa is accepted.
For now, Monolith only supports ETH and ERC-20 tokens and works using GBP and Euro fiat currencies, but plans are underway to expand support to other tokens.
Key Features:
Pricing: Free to purchase but incurs other costs like ATM withdrawal fees, replacement charges, and purchase fees.
Pro tip: Keep your crypto wallet secure by following these recommendations.
Nansen Portfolio, previously called Ape Board, helps you track DeFi assets across 40+ chains and 500+ protocols in a single dashboard. You can connect multiple wallets to the application.
It’s popular for its easily understandable visual data that enables users to make informed decisions quickly.
Key Features:
Pricing: From $80/mo with an annual plan (free plans available).
DeFiLlama is a multi-chain dashboard that offers you a detailed snapshot of the entire DeFi space. You can track the total value locked (TVL) of various DeFi protocols, explore live protocols across multiple chains, check airdrops, study forks, dive into NFT collections and more.
DeFiLlama has become a highly reliable source for DeFi information thanks to its accurate and reliable data. This is primarily because the platform is open-source and maintained by dedicated teams from the respective protocols, all coordinated through DeFi Llama’s GitHub repo.
Key Features:
Pricing: Free.
Vfat Tools is a yield farming dashboard and calculator that helps you find the most popular yield farms and their annual percentage yield (APY).
This DeFi tool is a fork of yieldfarming.info, and it expanded to include many projects while maintaining the minimalistic UI of the original platform.
While the current version of the DeFi tool is basic and shows all incentivized liquidity pools (LPs), V2 is expected to have a better graphic interface and only show pools that you can access with your wallet.
It will also include information about every farm and have advanced features like adding single-sided liquidity and claiming from multiple pools simultaneously.
Key Features:
Pricing: Free.
Revert Finance is a powerful analytics tool that provides accurate data to DeFi liquidity providers who want to contribute to the Uniswap and SushiSwap decentralized exchanges (DEXs).
Decentralized exchanges like Uniswap and SushiSwap are peer-to-peer marketplaces where swap transactions occur directly between crypto traders.
Key Features:
Pricing: Quote upon request.
Dune Analytics is a DeFi analytics tool that allows you to access actionable insights across DeFi protocols, blockchains, and NFT platforms. What sets Dune Analytics apart is the way it converts data from blockchains into intuitive charts and metrics.
Since it’s a community-driven platform, anyone can query blockchain data using Dune and publish DeFi dashboards of different sets of data for others to use.
Key Features:
Pricing: Freemium; Paid plans cost $349-849 per month.
Dapp Radar is a global app store for decentralized applications that helps you track and analyze 3,000+ decentralized applications across 10+ blockchains.
Key Features:
Pricing: Free; Hold 5,000 RADAR tokens to access Dapp Radar PRO.
Dex Screener is a real-time blockchain analysis and screening app that enables investors to analyze assets across several decentralized exchanges and networks, including
The platform offers detailed information like price, market cap, 24-hour volume, circulating supply and more for 1,200 tokens and coins.
Key Features:
Pricing: Free.
Orion Protocol is the world’s first decentralized liquidity aggregator platform. Unlike its competitors, Orion aggregates asset liquidity from decentralized as well as centralized exchanges.
Orion offers the best of both worlds as it enables you to trade on a centralized exchange (CEX) with plenty of liquidity while remaining anonymous and having complete control over your assets.
Key Features:
Pricing: Free.
APY. vision is a DeFi tool for liquidity providers. It allows you to track information like liquidity pool gains, yield farming rewards, and impermanent loss.
Key Features:
Pricing: Quote upon request.
Liquidity Folio is a tool for liquidity providers to find the best liquidity pools across popular decentralized exchanges (DEXs) like Uniswap, Curve, Balancer, SushiSwap, 1inch, and more.
Key Features:
Pricing: Free.
Zapper is a lot of things in one, but primarily it’s a DeFi asset management platform that compiles all the information about your investments across blockchains into one handy dashboard.
It can also be used as a research tool. Zapper allows you to research DeFi protocols, NFT projects, crypto tokens, and even dig into portfolios of prominent DeFi investors. You can also use Zapper to swap your existing tokens, bridge them to a different blockchain, and conduct a range of DeFi activities.
Key Features:
Pricing: Free.
Zerion is a non-custodial web3 wallet with a built-in portfolio management interface that helps you track your DeFi assets across popular blockchains.
It also allows you to import existing non-custodial wallets such as MetaMask to track your portfolio, trade, and bridge assets across 10+ networks and 500+ protocols.
Key Features:
Pricing: Free.
DeFi Saver, formerly called CDP saver, is an advanced DeFi management tool that you can use to manage and track trade positions from a single organized dashboard.
It supports a range of wallets including Metamask, Ledger, and Trezor, and charges low transaction fees, which makes it attractive for users.
Key Features:
Pricing: Free.
DeFi Yield is an asset management platform containing a full suite of innovative tools that help you control your digital assets and keep them safe.
It also has an investment toolkit that provides you with insights to make more informed investment decisions.
Key Features:
Track staked amounts, balance summaries and liquidity pool assets.
Pricing: Free.
DeFi Safety is a leading technical risk analysis company that evaluates blockchain protocols based on software process, transparency, and best practices. So far, it has evaluated 260+ protocols, 20+ chains, and 25,400+ contracts.
Key Features:
Pricing: Retail: $200-540/year. Professional: $3,840/year. Enterprise: $15,600/year.
RugDoc IO is more of a DeFi safety and education community than a “tool”, but it uses certain tools as well as content and services to empower its users to have more information about their crypto investments.
RugDoc IO will review any project for its users—someone just has to fill out the review form. Once this is done, RugDoc will review and publish the project on its website within 36 hours.
Key Features:
Pricing: Free.
Multichain, formerly known as Anyswap, is a cross-chain router protocol that allows users to transfer crypto assets from one blockchain to another.
Once you initiate a transfer, Multichain will lock your tokens on one blockchain and then mint wrapped tokens of the same value on the other blockchain.
Multichain currently supports more than 63 chains and also has a governance token called MULTI, enabling token holders to participate in its governance mechanism.
Key Features:
Pricing: Free.
Nanoly (formerly Coindix) is a platform that monitors thousands of DeFi protocols across 27 chains to bring its users the best DeFi investment opportunities in one place.
Key Features:
Pricing: Free. Quote upon request for premium features.
DeFi can help you earn interest and grow your crypto portfolio. To get started, simply buy cryptocurrency via MoonPay using your credit card or any other preferred payment method.
