Deep Dive
1. API Live Trades Integration (3 August 2025)
Overview: DexCheck introduced WebSocket endpoints for live trade data, enabling developers to build real-time trading bots and alerts. This followed the API v1 launch in July, which initially offered REST endpoints.
The update allows seamless streaming of on-chain and social sentiment data across 25+ chains. Paid tiers (starting at $49/month) now include priority access to high-frequency endpoints, while a free tier offers limited calls.
What this means: This is bullish for DCK because it broadens developer adoption, creating demand for API subscriptions (payable in $DCK). Real-time data access could attract quant funds and DeFi projects, driving protocol revenue. (Source)
2. Wallet Tracker Bot Upgrade (1 August 2025)
Overview: The Telegram-based bot added filters for transaction size/type and CEX withdrawal alerts. It now tracks wallet activity across centralized exchanges, enhancing its utility for monitoring "smart money."
This update required backend optimizations to handle larger datasets and reduce latency. Users can customize thresholds (e.g., alerts for $10k+ transactions).
What this means: This is neutral for DCK as it improves existing tools but doesn’t directly tie to tokenomics. However, refined tracking tools could increase platform engagement, indirectly supporting staking demand. (Source)
3. Burn Dashboard Launch (18 July 2025)
Overview: A real-time dashboard launched to display $DCK burns and revenue from products like the API. The team plans to integrate additional revenue streams, including premium analytics tools.
The dashboard uses smart contracts to auto-update burn metrics, with historical data dating back to Q2 2025.
What this means: This is bullish for DCK because transparent burns reinforce scarcity narratives. Enhanced visibility into revenue (used for buybacks) could improve investor confidence in tokenomics. (Source)
Conclusion
DexCheck’s recent updates emphasize infrastructure scalability (API), user tooling (Wallet Tracker), and tokenomics transparency (Burn Dashboard). The API’s WebSocket integration positions it as a low-cost alternative in crowded analytics markets, while burns align with deflationary token models. With 120+ API clients onboarded by August 2025, how will rising revenue impact $DCK’s burn rate in Q4?