Our defitact service, your trusted Web3 sidekick, is excited to announce the launch of its new "Portfolio" feature, designed to streamline the management of multiple wallet addresses. With the integration of pafin accounts, users can now easily create accounts and log in, making cryptocurrency management more accessible than ever. This update allows users to save and access their wallet information and created portfolios at any time. Future plans include deeper integration with cryptact, the cryptocurrency profit and loss calculation service operated by pafin, providing even more efficient centralized management of cryptocurrencies. Best of all, this service is completely free.

Background

Today, many DeFi users, both individuals and businesses, use various chains and DApps, often holding multiple wallets to safeguard their assets through decentralized management. According to data from cryptact, over half of users own at least one wallet, and approximately 36% manage two or more wallet addresses. Traditionally, managing these assets required separate oversight for each wallet, adding to the complexity. Since the initial release of defitact, users have consistently requested a solution for centralized management of multiple wallets. 
 

With this latest update, defitact enables users to efficiently manage multiple wallet addresses, providing a comprehensive view of their entire portfolio at a glance. Users can now also create portfolios that consolidate the wallet addresses of large investors or celebrities, enabling them to monitor trending on-chain activities or check recent asset movements in real-time. This feature significantly expands the utility of defitact.

Portfolio Feature Image 1: Consolidate multiple wallets to manage your assets more efficiently.

Portfolio Feature Image 2: Create and manage multiple portfolios, whether for your own wallets or custom collections of wallets you want to track.

Future Developments

The unique smart contract dictionary fueling defitact offers clear visibility into the types of transactions within users' wallets. Looking ahead, we plan to enhance our integration with cryptact, aiming to deliver a one-stop solution that includes both asset management and profit and loss calculations for multiple wallets, previously managed separately.

As we continue to improve the convenience of cryptocurrency asset management, the new integration with pafin accounts marks a significant step forward. Stay tuned for more updates as we expand the capabilities of defitact.