DEXT Surges 36% Amid Burns and Enhanced Utility Features

DEXT, the native token of DeFi analytics platform DEXTools, has surged 36% in the past month, reflecting a growing shift among traders toward utility tokens with real-world applications [1]. The price increase coincides with increased platform activity, including new integrations and ongoing token burns, which have reduced the total supply and reinforced DEXT’s role in the platform’s ecosystem [1].

DEXTools reported over 20 million monthly users across 124 blockchains, with recent additions to its Solana dashboard, including integrations with Saros and Meteora. These updates enable users to access real-time market data and on-chain analytics, further enhancing the token's utility [1]. Additionally, DEXT is now used for raffle entries on RAFLDex, and users with at least 1,000 tokens gain access to enhanced community features, signaling a move toward deeper token integration [1].

Burn mechanics have also played a critical role in the token’s recent performance. In 2024, DEXTools burned 12 million tokens, including a single 7 million-token burn, reducing the total supply by approximately 9%. A further 1 million tokens were burned in the past month, with all burn activity publicly tracked on a dedicated dashboard [1]. These burns are funded by aggregator and social update fees collected in DEXT, with 100% of aggregator fees and 40% of social update fees going directly to the burn pool [1].

The token’s recent performance aligns with a broader trend in the crypto market, where investors are increasingly favoring assets with direct utility and real-world adoption. Traders are shifting away from speculative assets, seeking instead to engage with tokens that offer tangible value, such as access to platform features or governance rights [1]. This trend is particularly pronounced in a market marked by volatility and regulatory uncertainty, where projects with clear, functional use cases are gaining traction [1].

At the same time, the broader crypto market has experienced heightened liquidation activity, with over $461 million in positions liquidated in a single 24-hour period [2]. This environment has further emphasized the importance of utility and sustainability, as investors become more discerning in their asset selection [1]. The rise of DEXT underscores the market’s evolving preference for tokens that serve as functional components of operational ecosystems, rather than speculative instruments with no intrinsic use [1].

DEXTools, as a DeFi intelligence layer, provides real-time analytics, trade execution, and safety tools, enabling users to track market movements and assess risk without switching platforms. The project is also preparing an interface redesign aimed at improving accessibility and user flow, signaling ongoing development and a commitment to enhancing the token’s utility [1].

As the market continues to mature, the performance of DEXT suggests that tokens with clear, actionable use cases will remain in focus. This trend is likely to be further amplified as more institutional players enter the space, bringing with them a preference for assets grounded in real economic value and functional infrastructure [1].

Source:

[1] Forbes, Top 10 Cryptocurrencies Of August 7, 2025, https://www.forbes.com/advisor/investing/cryptocurrency/top-10-cryptocurrencies/

[2] Instagram, In just 24 hours, crypto markets saw $351.86 million…, https://www.instagram.com/p/DNAfJkpvWJY/