DEXT, the native token of DEXTools, has gained 36% over the past month, drawing renewed interest amid growing demand for utility-driven assets. The rally follows an active period for the project, with new integrations, an expanding user base, and sustained deflationary pressure through token burns.
Uptick in Price Follows Steady Platform Growth
DEXTools continues to attract consistent usage across the DeFi space, with over 20 millionmonthly visits and activity on more than 124 blockchains. As traders look for tools that offer safety, transparency, and real-time data, the utility of DEXT within the platform has become increasingly relevant.
Recent integrations are also broadening the token’s footprint. DEXT is now part of growing ecosystems like Saros and Meteora, with Saros AMM and DLMM recently integrated into DEXTools’ Solana dashboard. Traders can now explore Saros markets directly on DEXTools with full access to real-time charts and on-chain data.
The token is also accepted on RAFLDex for raffle entry, and expanded community features accessible to users holding at least 1,000 DEXT. These moves have reinforced the token’s role as part of the platform’s broader infrastructure rather than a passive asset.
Burn Mechanics Driving Supply Reduction
The token’s structure is designed around regular supply reduction. In 2024, DEXTools burned 12 million DEXT, including a single 7 million-token burn, reducing available supply by roughly 9%. Burns are funded through platform activity: 100% of aggregator fees and around 40% of social update fees collected in DEXT go directly to the burn pool.
All token destruction is publicly tracked through a dedicated burn dashboard, which recorded a further 1 million tokens removed in the past month.
Token Overview
- Current Price: ~$0.41
- Circulating Supply: ~77.62M DEXT
- Total supply: 120.55M DEXT
- Key Functions: Access to raffles, community tiers, platform fee settlement
Context in a Changing Market
The recent price movement comes as market participants place higher value on tokens tied to functioning ecosystems. DEXT continues to be integrated into platform features, with further developments expected, including an upcoming redesign of the DEXTools interface aimed at improving accessibility and user flow.
As speculation slows across parts of the market, tokens with direct links to platform usage are seeing stronger engagement from long-term users and active traders alike.
About DEXTools
DEXTools is the DeFi intelligence layer for on-chain traders. It provides real-time analytics, trade execution, token discovery, and safety tools in one platform. Built to support activity across all major blockchains and DEXes, DEXTools helps users track market moves, assess risk, and respond quickly, all without switching tools. Users can learn more at dextools.io.
