Discover new opportunities for managing crypto assets. Create unlimited Web3 and DeFi portfolios with fully personalized settings. Keep track of price movements and total wealth balance in a single place.
The DeFi (Decentralized Finance) market is rapidly growing, attracting more and more users who are interested in investing in this new financial ecosystem. In December 2022, the DeFi market cap was $29.9 billion, which indicated a prolonged decline in the industry. However, the market cap significantly recovered in January 2023 and reached $44.8 billion, representing a remarkable 50% increase in just one month. This staggering number is a clear indication of the growing popularity of DeFi and the investment opportunities it provides.
The DeFi market offers a range of investment opportunities, from yield farming to tokenized assets, and has become a popular alternative to traditional finance. In fact, a recent report by Binance Research showed that the DeFi sector grew by over 1500% in 2020, with the number of active DeFi users increasing by over 400%. As the DeFi market continues to grow and evolve, it’s estimated that the number of users in 2023 will only increase, making DeFi even more accessible and attractive to a wider audience.
The DeFi market is made up of a variety of blockchains, wallets, and exchanges, and understanding all the different components can be a challenge. However, the rewards of investing in DeFi can be substantial, offering returns that are often higher than those available through traditional finance. For example, data from DeFi Rate shows that the average annual percentage yield (APY) for DeFi protocols in January 2023 was over 20%, compared to the average savings account interest rate of just 0.05%.
Managing a crypto portfolio in the DeFi market is no easy feat, especially when you’re using multiple non-custodial wallets. It can be time-consuming to keep track of your assets and monitor the different pools and project updates. That’s why we’ve developed Mooli, an app for managing DeFi portfolios. Mooli provides an overview of your entire DeFi portfolio, customized boards to help you stay organized, the ability to track tokens and monitor profits and losses, and much more.
This is where Mooli comes in. Mooli is a compact tool that simplifies portfolio management by bringing all your wallets and assets into one convenient place. It provides users with the ability to monitor their crypto locally, quickly, and easily. With Mooli, you can also set up notifications to stay on top of any changes to your portfolio without constantly having to check the screen. Additionally, Mooli does not require access to your private keys, ensuring the safety of your funds while still providing valuable insights and data.
Some of the key features of Mooli include:
- Portfolio Tracking: Overview of the entire DeFi portfolio, customized boards creation, checking the location of a token, monitoring profits or losses, and the opportunity to add any public wallet for tracking.
- No Account Creation: All you need to start tracking is a public wallet address. Mooli does not require private keys, and you can use one session link on all devices. When you log out, the session is irrevocably stopped.
- Blockchains Supported: Mooli currently supports more than 20 blockchains including Algorand, Bitcoin, Ethereum, Polygon, Solana, Bitcoin Cash, Binance Smart Chain, Binance Beacon Chain, KuCoin, Celo, Dogecoin, TRON, XRP, and many more. Mooli plans to add more blockchains in the near future.
Mooli is currently in the process of launching a private beta testing to ensure that everything works seamlessly before its public release. Follow Mooli’s updates on our Discord channel or subscribe to our Twitter account to stay informed. 🤘
In conclusion, the DeFi market is growing rapidly, and with it, the need for efficient portfolio management tools. Mooli provides a solution to this problem by bringing all your wallets and assets into one place and simplifying the process of monitoring your crypto portfolio. With its advanced features and commitment to user safety, Mooli is poised to revolutionize the way users manage their crypto portfolios.
