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Portfolio Management

Problem Statement

Effective portfolio management in the cryptocurrency space poses several challenges for investors and traders. Some of the key challenges include:
  1. 1.
    Lack of Real-time Market Data: Cryptocurrency markets are highly volatile, and timely access to real-time market data, including price discovery and trade information, is crucial for making informed investment decisions.
  2. 2.
    Difficulty in Tracking Transactions: Tracking and monitoring transactions across multiple chains and protocols can be complex and time-consuming. It is challenging for investors to accurately track the movement of their assets and view transaction details in real-time.
  3. 3.
    Limited Historical Data Analysis: Historical data analysis is essential for understanding asset performance, identifying trends, and making data-driven investment decisions. However, accessing and analyzing comprehensive historical transaction and token transfer data is often challenging.
  4. 4.
    Fragmented Asset Tracking: Investors holding assets across various EVM and Non-EVM chains face difficulties in tracking and monitoring their portfolio balances, values, and other asset-related information. The lack of a streamlined asset tracking solution hinders effective portfolio management.

Use Case Overview

expand's API presents a powerful solution for Portfolio Management by offering a wide range of endpoints and WebSocket subscriptions. These capabilities enable businesses to provide a platform to allow users to manage and assess their crypto portfolios. By integrating expand's API into their workflows, businesses can automate monitoring and allow users to track their crypto assets, view transaction history, stay updated with real-time prices and access relevant information about their investments.

Key Features

Endpoint Capabilities

expand’s API provides the following key endpoints to support Portfolio Management capabilities:
  • Historical Transactions: The solution will provide access to historical transaction data for both fungible and non-fungible tokens, enabling users to review and analyze past transactions for specific tokens, addresses, or time periods.
  • Historical Logs (Fungible and Non-Fungible Tokens): Users can track the movement of both fungible and non-fungible tokens by accessing historical logs, which will offer visibility into token transfers, ownership changes, and transactions.
  • Asset Tracking: The solution will allow users to track and monitor their asset-based investments using customizable GET queries, providing comprehensive information on asset balances, block details, and other relevant data.
  • Portfolio Balances Retrieval: This feature enables users to access and track their portfolio balances on both Ethereum and Solana networks. It utilizes customizable GET queries to offer detailed information about the top token holdings, balances, and other relevant data, facilitating effective monitoring.

WebSocket Subscription Capabilities

expand's API offers the following WebSocket subscriptions for real-time portfolio tracking and management:
  • Real-time Price Discovery: Users will have access to websocket-enabled subscription to receive live price discovery information for different tokens and assets.
  • Stream Transactions: Users can monitor their portfolio in real-time by subscribing to a stream of transactions, which will provide details such as sender, receiver, gas, transaction amount and more.
  • Stream Trades: The solution will stream live trade data, allowing users to stay updated with buy and sell orders, trade volumes, prices, and other relevant trade information.
  • Stream Gas: Users will receive live gas-related data, including gas prices, limits, and other gas-related metrics, to help optimize their transactions.

Business Benefits

  • Centralized Portfolio Management: expand’s API adapter provides the portfolio management solution to businesses that offers a centralized platform for users to effectively manage and monitor their crypto portfolios. Users can access real-time and historical data, track asset performance, and make informed investment decisions.
  • Real-time Market Insights: By subscribing to the Price Discovery, Stream Transactions, and Stream Trades endpoints, users gain access to real-time market data, enabling them to stay updated with the latest prices, trade volumes, and transaction activities. This empowers users to make timely and informed investment decisions.
  • Historical Data Analysis: The Historical Transactions and Historical Logs endpoints enable users to review and analyze past transactions and token transfers. This historical data analysis provides valuable insights into investment trends, asset performance, and trading patterns, supporting better portfolio management strategies.
  • Asset Tracking and Valuation: The Asset Tracking endpoint allows users to track their asset-based investments using customizable queries. Users can monitor asset balances, values, and other relevant data across multiple EVM and Non-EVM chains and protocols, facilitating accurate portfolio valuation.
  • Customizable Reporting and Notifications: The portfolio management solution can offer customizable reporting features, allowing users to generate comprehensive reports on portfolio performance, transaction history, and asset allocations. Additionally, users can receive notifications or alerts for specific events, such as significant price movements or portfolio rebalancing opportunities.
  • Enhanced Security and Privacy: expand.network API ensures secure and reliable data transmission, maintaining user privacy and safeguarding sensitive portfolio information. By leveraging industry-standard security practices, the solution provides a trustworthy environment for managing and tracking crypto assets.