Cryptocurrency DEXT experiences a rise of 36% over the past month, with investors showing increasing interest in utility tokens boasting practical applications.
DEXTools, a popular platform for decentralized exchange (DEX) traders, is gearing up for a redesign aimed at improving accessibility and user flow. This move comes as the platform continues to expand its utility and user base, leading to a surge in the price of its native token, DEXT.
DEXTools: Your One-Stop Shop for DEX Trading
DEXTools serves as a DeFi intelligence layer, providing real-time analytics, trade execution, token discovery, and safety tools all in one platform. With over 20 million monthly visits, DEXTools is a go-to destination for traders seeking to track market moves, assess risk, and respond quickly, all without switching tools.
DEXT: A Utility Token with Growing Demand
The native token of DEXTools, DEXT, has seen a 36% increase over the past month. DEXT acts as a functional DeFi asset integral to DEXTools’ analytical services and community features. Users holding at least 1,000 DEXT gain access to expanded community features, including raffle entry on RAFLDex and participation in community tiers.
Multi-Chain Expansion and Token Burns
In recent developments, DEXTools has integrated with growing ecosystems like Saros and Meteora on the Solana blockchain. This multi-chain expansion significantly broadens DEXT's user base and relevance. Moreover, DEXTools continues to implement deflationary mechanisms like periodic token burns to reinforce scarcity and value. In 2024, DEXTools burned 12 million DEXT, including a 7 million-token burn.
A Token Fueled by Functionality and Scarcity
The combination of expanded utility, multi-chain adoption, increased user engagement, and ongoing supply reduction through strategic token burns has fueled heightened demand for DEXT. This has contributed to significant recent price increases, including a 36% surge over a month and a 67% spike within 24 hours in August 2025.
Key points explaining DEXT's recent price rise include enhanced real-world utility embedded in platform functions, multi-chain expansion, regular deflationary token burns supporting a scarcity-driven price floor, and increased social engagement and active usage of its whale-tracking and analytics tools during volatile market phases.
Contact and Further Information
For inquiries, contact Frederic Fernandez at [email protected]. For more information about DEXTools, visit dextools.io.
[1] DEXTools Whitepaper
[2] DEXTools Blog Post: Multi-Chain Expansion
[3] DEXTools Blog Post: Token Burn Announcement
[4] DEXTools Blog Post: Community Tier Updates
[5] CoinMarketCap: DEXT Price Data and Chart
- The growth in DEXTools' platform utility and user base has led to a surge in the price of its native token, DEXT, with a 36% increase over the past month.
- DEXT, the native token of DEXTools, is not only a functional DeFi asset but also integral to the analytical services and community features provided by the platform.
- In addition to its expanding utility, DEXT has seen multi-chain integration and regular deflationary token burns, reinforcing scarcity and value, which have contributed to its growing demand in the crypto market.
