DeXe Protocol
3 min readMar 26, 2021

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Parsiq partnership unlocks powerful data for DeXe Network traders

We’re thrilled to announce DeXe.Network’s integration with Parsiq.io to take advantage of their unparalleled blockchain data parsing and real-time automations.

Parsiq’s ability to find and quickly parse blockchain data is beyond impressive. The types and amount of data that Parsiq can provide is huge. What’s really amazing about Parsiq is how they turn data into not just notifications on your platform of choice (from Telegram to smart refrigerators) but also how you can set up triggers based on that information to create a number of automations limited mostly by only your imagination. If you’ve ever used ITTT (If This Then That), this is like that but for blockchain.

When used by skilled traders in the DeXe Network, Parsiq’s parsing data can form the basis of complex strategies based on the actions of specific wallets, activity on certain contracts, real-time analysis of market sentiment, and much more. Parsiq’s customizable triggers and automations can then be deployed as key drivers of complex trading strategies that maximize alpha and give our traders (and followers) even more of an edge.

According to DeXe Network’s Co-Founder, Dmitriy Kotliarov: “Parsiq’s volume, speed, and effectiveness of data parsed in real-time and linked to trigger-based automations open up a whole new level of trading capabilities for our platform’s users.”

At even the most basic level, Parsiq will help our traders execute more actions and strategies both within the Ethereum network and beyond. In this sense, it’s a tool for scalability and empowering a single trader to do what it would otherwise require an entire hedge fund staff (algo team, analysts, support staff, etc.) to do.

Even while we wait for the full DeXe Network platform to go live, you can go to Parsiq’s website and play around with their data. Let’s say, you see that there is a lot of interesting activity for the YFI token. Then, you can find active wallets trading a lot of YFI and enter the most interesting ones into our Wallet Info tool to see if and with which types of assets they are profitable. Once you’re confident that this is wallet you want to copy, you can start doing that with our Wallet-to-wallet Copying Interface.

About DeXe

Dexe.network is a decentralized social trading platform that operates via autonomous smart contracts and includes tools for virtual currency allocation and automatic rebalancing. It eliminates the risks of transferring digital wallet details such as private keys and API or any virtual currency data to a third party. Most importantly, the DeXe Network connects successful traders and followers in a transparent, verifiable way for the benefit of both groups.

About Parsiq
Parsiq allows anyone to turn blockchain data into actions. Whether you want to connect on-chain activity to off-chain apps, monitor DeFi apps, or even create custom event triggers and automations, Parsiq is your go-to tool. With instant notifications, complex workflows, and powerful data analysis, it really is a solution that grows with you.

Stay tuned for more with us!

Website: https://dexe.network

Official telegram channel: https://t.me/Dexe_network

Official telegram EN chat: https://t.me/dexe_network_official_chat

Facebook: https://www.facebook.com/dexe.network

LinkedIn: https://www.linkedin.com/company/dexe-network

Twitter: https://twitter.com/DexeNetwork

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DeXe Protocol

An innovative infrastructure for creating and governing DAOs.