In my view, DeBank addresses a significant industry challenge: portfolio monitoring.
For those unfamiliar, DeBank stands as one of the most prominent tools for tracking asset balances across various blockchain networks. It also excels in monitoring productive asset positions, such as those in LP, lending, or strategy vaults.
However, I've given it a four-star instead of five because, despite its extensive coverage (including new protocols and chains), it falls short in depth. Specifically, in the realm of portfolio monitoring, DeBank lacks the ability to track historical P&L data. This means that the monitoring process isn't entirely automated, requiring serious investors to periodically record their position balances to calculate performances.
On the other hand, DeBank appears to be also exploring other areas that are generating buzz in the industry. Their Rabby wallet stands out as arguably one of the best EVM wallets available, boasting comprehensive functionalities. Additionally, their newly announced L2 DeBank Chain introduces a venture to enhance their DeBank Hi messaging feature. It will be interesting to see how the company and its product offerings evolve in the future. Show Less