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TCake Analytics tool for trading on Decentralized cryptocurrency exchanges

Learn how fast TCake was able to kick off the development of its analytical platform for traders

TCake - Pair & Pool Explorer - what is all about

TCake provides its clients with the tool enabling them to create accurate trading strategies and constantly observing and controlling the positions on decentralized exchanges. With TCake, the market analysis process is faster and easier.

TCake platform provides traders a convenient and clear access to minute-by-minute data on 400 currency pairs.

All currency pairs are displayed on Trading View charts. This allows Tcake users not only to create comprehensive analyses and have constant control over their purchases, but also to prepare investment strategies on PancakeSwap..

Industry

Cryptocurrency Trading Platform

Status

Ongoing

Country

Poland

Scope

Backend, Frontend and API Integration

Company size

Startup

Website

tcake.io

Crypto trading industry background:

Cryptocurrency trading market got its momentum and popularity due to the industry’s technological advancement, external economic factors and mainstream popularity of the main coins - Bitcoin & Etherum. According to Coinmarketcap global crypto market cap reaches 1.7 T USDwith TradingView which is equal to GDP of Canada.

Decentralized exchange (DEX) is a new concept on the crypto market. DEXes are the answer to centralized cryptocurrency exchanges and disadvantages they are known for. The most important factors that give DEXes advantages are lower counterparty risk and low transaction costs thanks to the application of Automated Market Maker model.

In recent months, new DEX projects appeared on the market. With the increasing number of services available and their limitations in aggregating data on cryptocurrency pairs, traders find it hard to analyze and benchmark data needed to develop their investment strategies.

Most decentralized exchanges do not provide aggregated data on currency pair prices, which is an essential basis for traders to create in-depth analysis and trading strategies.

TCake faces the problem of trading data fragmentation and helps crypto traders with investment analysis and strategy development in a faster and more efficient way.

Looking for FinTech & Blockchain developers for your project

Estimate Project

Why TCake selected Nextrope for its technological partner

  • Our team has an extensive experience in crypto & Blockchain projects

  • Our team had a necessary know-how and was ready to start the project within a week

Challenges

  • Efficiency and responsiveness of trading data

  • Managing input data presenting more than 400 crypto pairs

  • Scalability of servers

  • High transaction costs

The Results

Nextrope team has created a platform that allows users to monitor the prices of all the tokens listed on PancakeSwap and analyze them in detail.

Users have access to real-time data that updates every minute. This was possible thanks to the effective integration of the platform with TradingView which provides graphs and token data retrieved from the GraphQL API.

The team managed to achieve low transaction costs and plan the system architecture in an optimized way.

TCake gained extreme popularity within 24 hours of its launch; TCake token was ranked 2nd in terms of growth speed on the Binance Smart Chain.

TCake analytical tool serves as a reliable platform and ran smoothly serving more than 1500 entries at a time.

TCake Development Road Map:

Nextrope & TCake journey just begins, and our team has already started working on yet another tasks. The next feature of the platform is a Pool Explorer allowing users to keep track of selected Pools in real time. This is intended to be particularly helpful in making decisions about liquidity provision.

Technology choice:

React.js

Node.js

TradingView

Postgresql

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Case study

TCake: Analytics tool for trading on Decentralized cryptocurrency exchanges

TCake provides its clients with the tool enabling them to create accurate trading strategies and constantly observing and controlling the positions on decentralized exchanges. With TCake, the market analysis process is faster and easier.

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Case study

Scope of the project

API/Backend
Development

Web
Development

Mobile
Development

Product
Design

Blockchain
Solutions

Internet
Services

Next Enterprises has provided the bank with a technology service related to the bank’s implementation of a project using blockchain technologies. As part of the cooperation, the company made the service available in the SaaS model, maintaining a solution on its servers, ensuring its availability for the Bank and guaranteeing the quality consistent with the quality standards contained in the contract.

Tomasz Sienicki

Tomasz Sienicki

Blockchain Strategy Manager at Alior Bank

Working together with the team over at Nextrope defines a whole new level of quality, innovative solutions, and professional services. If you need any support with blockchain technology, you came to the professionals. Would definitely recommend!

Kajetan Komar-Komarowski

Kajetan Komar-Komarowski

Co-owner and lawyer at Lex Secure

November 2017 we have published a game using smart contracts as a distribution and transaction mechanism. Nextrope team supported us in the most important part of the project - creating and testing secure blockchain smart contracts on Ethereum network. I can highly recommend Mateusz and his team, as the true experts in the blockchain field.

Maciej Skrzypczak

Maciej Skrzypczak

CEO Gameset