What Is Dexscreener? 

Dexscreener is a free, real-time analytics platform for decentralized exchanges (DEXs). It allows traders to view token charts, trading volume, liquidity data, and transactions directly from multiple blockchains. If you've ever searched for "Dexscreener what is Dexscreener" or "Dexscreener what is it," the answer is that it's one of the most widely used resources for monitoring DeFi markets across chains like Ethereum, Binance Smart Chain, Polygon, and Solana.

This article will explain what is Dexscreener used for, highlight its key features, and break down important terms like TXNs, Moonshot, Locked Liquidity, Boost, Makers, and CLMM. By the end, you'll fully understand why Dexscreener has become an essential tool for DeFi traders worldwide.

What Is Dexscreener Used For?

If you're asking "what is Dexscreener used for?", the answer is simple: it's a one-stop platform for analyzing decentralized trading activity. Unlike centralized exchanges that provide built-in analytics, decentralized exchanges (DEXs) require external tools like Dexscreener to help traders make sense of on-chain data.

Here are the main uses of Dexscreener:

Real-Time Token Charts

Dexscreener provides live charts of thousands of tokens across multiple blockchains. The traders are able to view live price movement, candlesticks, and trading signals.

Volume and Liquidity Monitoring

With the provision of liquidity pools, traders are able to determine whether a token is tradeable or not. This is necessitated by reasons of preemption by scam or illiquid projects.

Transaction Analysis

Buy and sell transactions are always traceable. Traders prefer to know what is TXNs on Dexscreener so that they have an idea of trading volumes around a token.

New Token Discovery

Dexscreener is famous for breaking news of new tokens the moment they are launched. Apps like Moonshot discovers new coins before they hit the masses.

Cross-Chain Coverage

Dexscreener is multi-chain to provide the trader with a single interface for token filtering on Ethereum, BNB Chain, Polygon, Arbitrum, Solana, and many others.

Briefly, Dexscreener what is it? A charts, liquidity, and transaction analysis data platform - the indispensable tool of every trader when purchasing and selling on DeFi markets.

What Is TXNs on Dexscreener

Most users, if they visit the site, are not aware of what "TXNs on Dexscreener" represents. TXNs stands for transactions. On Dexscreener, this figure is the volume of buy and sell orders that take place within a specific amount of time for a token.

The TXNs is required since:

• Market Activity. High TXNs may also be an indication that a token is being actively traded. It may be either high market demand or short-term bubble.

• Liquidity Check. If liquidity is good and TXNs are bad, then the token is not having a steady demand. But a token that has good TXNs and good liquidity is a good token to sell.

• Price Movements. By observing TXs in conjunction with price charts, the traders can confirm if bullish or bearish price action is being generated by real trading or not.

• Detection of Manipulation. Low TXs can be a sign that a token is unsold or spoofed. Dexscreener aids in detecting such patterns so that the trader can avoid scams or "rug pulls."

Overall, TXNs on Dexscreener provide a sense of a token's activity and volume. TXN verification is one of the quickest methods for new traders to check whether a coin actually has momentum or not, or if it's sleeping.

What Is Moonshot on Dexscreener

The second most frequent of the inquiries made by traders is "what is Moonshot on Dexscreener?" or "what is Moonshot Dexscreener?". Moonshot feature is a term for new releases or newly coming tokens with fast price action, typically shortly after release.

Here is why the Moonshot feature has been so well-liked:

• Early Discovery. It exposes investors to new tokens before they become popular. For investors who are risk- and reward-seekers, Moonshot is the way to get diamonds in the rough while there is still time.

• High Volatility Signals. Tokens listed on Moonshot have a higher likelihood of experiencing aggressive price pumps (or dumps). They tend to be fly-by-night gambles that opportunistic traders favor.

• Community Hype. A few of the Moonshot tokens are hyped on social media. Dexscreener offers real-time charts and figures to see if the hype is supported by traded volume.

• Risk Reminder. Moonshot tokens are as thrilling as they are dangerous. The majority of them are illiquid, devoid of long-term use case, or consist of untested teams. Traders are supposed to take a deep breath before they trade.

With that said, Moonshot on Dexscreener is basically a token discovery tool, i.e., high-speed and highly volatile currencies, which are risk or opportunity.

What is Locked Liquidity on Dexscreener?

Liquidity is quite possibly the most significant token security metric. The Dexscreener traders would like to know: "what is locked liquidity on Dexscreener?"

Locked liquidity is when some of the liquidity pool (the investment in trading pairs, i.e., ETH/USDT or BNB/USDC) is locked in a smart contract for a certain amount of time. This eliminates the potential for the project team to withdraw the liquidity entirely at once, something which is highly used in "rug pulls."

Why it matters:

Investor Protection

Locked liquidity safeguards investors against the developers draining the network and the traders being left with useless tokens. 

Confidence in the Market

Locked liquidity tokens are also attractive to other investors because it is a demonstration of commitment to the project's long-term success.

Transparency

Locked liquidity on Dexscreener gives buyers another piece of information to consider when making an informed estimate as to whether or not, and when, a token can be sold.

For instance, where a project locks and commits 70%-100% of liquidity in advance for more than 6 months, it is more legitimate than a project without locked liquidity.

That is, Dexscreener what's it displaying with locked liquidity? It's displaying whether a token's trading pool is safeguarded from instant withdrawal - a highly useful risk metric that every DeFi trader must be aware of.

What Is Boost on Dexscreener?

What has confused most newcomers is Boost. Most of them wonder: "what is Boost on Dexscreener?" Boost is a token that projects purchase and resell. After a project purchases Boost, it receives additional exposure of its token on Dexscreener, with trader eyes scanning more charts and new listings.

How Boost functions:

Increased Exposure

Boosted tokens are placed at the top of Dexscreener rankings and thus are more prominent.

Community Signal

If a project purchases Boost, it is a signal that the project team is open to advertising and getting noticed.

Trader Awareness

Boosts make trending or upcoming projects highly visible for traders. For the people who are wondering, Dexscreener's team, what does it display with Boost?, it is just choosing tokens which purchased more visibility.

Keep in mind, though, that Boost is not a quality seal. It does not necessarily mean that a token is solid or secure simply because it has been boosted. It is always best for traders to do their own research on liquidity, locked liquidity, and TXNs prior to investing. Briefly, Boost is where Dexscreener presents projects for sale, and the traders are exposed to tokens that require popularity in real time.

What are Makers on Dexscreener?

The other frequent question is "what are Makers on Dexscreener?". Makers are addresses or wallets that create the liquidity pool of a token. They are actually pool creators who provide the initial amount of money that is necessary so that there can be trade.

Why are Makers necessary:

Liquidity Creation

Without Makers, a token cannot be traded on a DEX. They are the ones who pair the token with another asset (ETH, USDT, or BNB) to form the pool.

Transparency

One can see the Makers and liquidity provided in Dexscreener. This allows one to determine whether to support the project or not.

Risk Assessment

If the liquidity is of great worth or one can withdraw it, then the project is riskier. Confirmation of locked liquidity with Makers' details is needed.

Project Insight

Identification of the Makers occasionally will allow one to verify whether the team is professional and trustworthy or anonymous and risky.

In brief, Dexscreener what is it showing with Makers? It is showing the liquidity pool providers so that traders can provide them with a way of checking the legitimacy and security of new coins.

What Is CLMM on Dexscreener

Most visitors of the website are wondering: "what is CLMM on Dexscreener?" CLMM stands for Concentrated Liquidity Market Maker and is a novel type of automated market maker (AMM) that introduces more efficiency to decentralized exchanges.

Here is how it actually works:

• CLMM vs. Traditional AMM. In a conventional AMM, LPs supply tokens along the price range, even areas where trades won't happen. This will inevitably cause inefficiency of capital. With CLMM, one can now concentrate liquidity on chosen price ranges, becoming more efficient and less slippage for traders.

• More beneficial to Traders. They benefit from having more liquidity at working prices, and thus less slippage and execution.

• More lucrative for LPs. LPs make more on capital since funds are being pooled where real trades are occurring.

• CLMM pool representation on Dexscreener. CLMM pools are displayed on Dexscreener so that users can make them comparable in the same way in which regular AMM pools are comparable. Knowing what is CLMM on Dexscreener tells users whether or not liquidity is thinly spread or concentrated for best effectivity.

In simple words, CLMM is a more sophisticated form of liquidity that Dexscreener monitors, which gives the LPs and traders a good sense of how good the liquidity of a token is. 

Conclusion

Dexscreener is already one of the most trustworthy DeFi trading platforms out there. It is taking the underlying technology of decentralized exchanges and making it more accessible with real-time charts, liquidity levels, and transaction tracking on multiple blockchains. To whichever person is looking for what is Dexscreener or what is Dexscreener, the answer is simple: it is a website that is giving traders transparency in a game of uncertainty.

From basics such as TXNs and Moonshot to security metrics such as locked liquidity and more advanced models such as CLMM, Dexscreener gives its users a notion of where to look for opportunity and where not to. Whether one is an amateur token watcher browsing new tokens casually or a professional trader looking for liquidity pools, Dexscreener is for anyone who would want to venture into decentralized markets.