Better than DeBank API – Moralis: The Top Free DeFi API for Monitoring DeFi Investments – A Superior Choice for Developers | Cutting-Edge Web3 APIs

Are you searching for the best DeBank API alternative? If so, look no further! In this guide, we introduce you to Moralis, the top Web3 data provider in the industry. With our comprehensive DeFi API, you can easily retrieve liquidity provider tokens, cross-chain liquidity data, DeFi positions, and much more with just a few lines of code. This allows you to streamline your development efforts without breaking a sweat!

If you’re eager to jump straight into it, here’s an example showing you how to easily get the DeFi positions of any wallet:

“`javascript
import fetch from ‘node-fetch’;

const options = {
method: ‘GET’,
headers: {
accept: ‘application/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};

fetch(‘https://deep-index.developers.moralis.com/api/v2.2/wallets/0xcB1C1FdE09f811B294172696404e88E658659905/defi/positions?chain=eth’, options)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
“`

In return for calling the endpoint above, you’ll get the DeFi positions of the specified wallet. Here’s an example of what it might look like:

“`json
[
{
“protocol_name”: “Uniswap v2”,
“protocol_id”: “uniswap-v2”,
“protocol_url”: “https://app.uniswap.org/pools/v2”,
“protocol_logo”: “https://cdn.developers.moralis.com/defi/uniswap.png”,
“position”: {
“label”: “liquidity”,
“tokens”: [
{
“token_type”: “supplied”,
“name”: “USD Coin”,
“symbol”: “USDC”,
“contract_address”: “0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48”,
“decimals”: “6”,
“logo”: “https://logo.developers.moralis.com/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d”,
“thumbnail”: “https://logo.developers.moralis.com/0x1_0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48_e6ec22e3ef954a7f9eda04f294938f4d”,
“balance”: “10201154.21838458636254664856”,
“balance_formatted”: “10.20115421838458636254664856”,
“usd_price”: 1.0005100883196762,
“usd_value”: 10.206357707998599
},
//…
],
“address”: “0xb4e16d0168e52d35cacd2c6185b44281ec28c9dc”,
“balance_usd”: 20.39728835741469,
“total_unclaimed_usd_value”: null,
“position_details”: {
“reserve0”: “10.20115421838458636254664856”,
“reserve1”: “0.00330867451530769526077552762624109457”,
“factory”: “0x5c69bee701ef814a2b6a3edd4b1652cb9cc5aa6f”,
“pair”: “0xb4e16d0168e52d35cacd2c6185b44281ec28c9dc”,
“share_of_pool”: 0.000020959018625703
}
}
},
//…
]
“`

As you can see, fetching the DeFi positions of a wallet is straightforward with Moralis!

For a deeper dive into why Moralis is the best DeBank API alternative, continue reading this guide or watch our detailed Moralis YouTube video DeFi Daily News for more trending news articles like this.

Overview

If you’re looking to build a DeFi dapp and want to track DeFi positions, you might have come across the DeBank API. But while DeBank offers a range of tools, it’s not the optimal choice for DeFi developers. That’s why we’re introducing you to Moralis, the industry’s leading Web3 infrastructure provider.

Similar to DeBank, Moralis offers a robust suite of APIs. However, our APIs provide the industry’s most comprehensive responses, unparalleled scalability, enterprise-grade data security, and much more, all available for free. Are you interested in learning more? Join us in this guide as we explore Moralis and explain why it stands out as the premier choice among the best DeFi solutions!

What is a DeFi API?

A DeFi API (application programming interface) is a collection of rules, protocols, and methods that enable seamless interaction with blockchain networks and decentralized applications (dapps), allowing for the effortless integration of DeFi data into your Web3 projects.