Author: 0xNobler
Compiled by: Hardcore
99.9% of people use DEX Screener the wrong way except for the simplest line reading. In fact, it is a perfect tool platform with comprehensive and very powerful functions, too many treasures to be discovered. Using it can lead to finding 100 times more gems than others, you just need to learn how to use it correctly.
1/ Start scanning a new list
The new set of LP pairs is the perfect starting point for research.
Click “New Pairs” and set 12H/24H to view new and relatively mature tokens;
You can also set a smaller time frame (1 hour/6 hours) to check the latest LP pairs, but there are usually a lot of rugs, most of which are not worth your time.
2/ Generate special filters
To find the gems with the best chances, use the right filters. This is the setup I currently use:
Minimum liquidity pool: 10K
MCap/FDV: 20K
Building time: 12 hours - 48 hours
24-hour trading volume: 30K
3/ Conduct on-chain analysis
Find and copy the token’s contract address from DEX Screener;
Use @solanasniffer or @Rugcheckxyz to check the contract and make sure it is relatively safe. (The example here is #solana chain, #ETH also needs to find the corresponding smart contract security sniffing URL, just Google it) Depending on the filter you use, it may not be possible to determine that the token is safe, because new tokens may not have locked/destroyed liquidity, most of the supply may still be held by multiple wallets, etc. However, you can still check for other obvious red flags, such as active mint functions, suspicious deployer addresses, etc.
4/ Check the social media presence of your token
Find the “Social” section on the token page in DEX Screener;
Check their Twitter/X page using @TweetScout_io to see if you can spot any KOLs following them (other projects, influencers, or venture capitalists);
Check other socials and see if the coin has an active community. If their socials are active and the community is actively participating in social events (beta, meme contests, giveaways, etc.), that’s a good sign.
5/Save the token you found
It’s rare to find the coins with the best returns right away, and this is where the watchlist feature comes in handy.
Add already researched coins to your watchlist to save them;
Create multiple lists for different types of currencies;
Head to https://dexscreener.com/watchlist to check and modify your entire watchlist. You can also add tokens directly from there. DEX Screener allows players to use watchlists without creating an account, but it is highly recommended to log in and save your watchlist in case you want to sync and check it on other devices.
6/ Configure price alerts
Looking for a good buying opportunity? Already tempted to take profits at a certain price? DEX Screener has built-in and easy-to-use price alerts.
It is possible to set different types of price alerts and write additional notes;
Don’t forget to edit or delete a notification once it has served its purpose; you don’t want to be constantly distracted.
7/ Track multiple tokens simultaneously
DEX Screener Multicharts helps keep an eye on multiple tokens at the same time.
Click on Multicharts and add tokens directly from the watchlist or search by name/contract;
Similar to the watchlist, it is possible to add multiple tabs (categories) and adjust different parameters such as chart interval, visible elements, etc.
8/ Track your entire portfolio
You can add your Solana and EVM wallets to the DEX Screener portfolio and track your holdings;
It will automatically hide a small amount of assets, and can also hide other tokens that you don’t want to show
