In search of the simplest method to monitor pockets revenue and loss (PnL)? You’ve come to the proper place! On this information, we’ll introduce Moralis’ crypto PnL function, offering complete insights into pockets and token profitability. With this function, you possibly can seamlessly get the general profitability of a given deal with, achieve perception into the PnL standing of particular person tokens, and fetch the highest worthwhile wallets for a given ERC-20 token!
Are you desperate to dive into the code? Right here’s our Pockets PnL Abstract endpoint in motion:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/wallets/0xd8da6bf26964af9d7eed9e03e53415d37aa96045/profitability/abstract?chain=eth’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Calling this endpoint returns the required pockets’s whole buying and selling quantity, whole PnL, PnL proportion, and different key metrics. Right here’s an instance of what it seems to be like:
{
total_count_of_trades: 12,
total_trade_volume: ‘3793782.5812942344’,
total_realized_profit_usd: ‘-20653.121064896484’,
total_realized_profit_percentage: -1.350177388165031,
total_buys: 8,
total_sells: 20,
total_sold_volume_usd: ‘1509006.703335308’,
total_bought_volume_usd: ‘2284775.8779589264’
}
That’s it; monitoring pockets revenue and loss doesn’t should be more difficult than this when utilizing Moralis. For a extra in-depth tutorial on how this works and additional data on our different endpoints, be a part of us on this article or try the Pockets API documentation web page!
Prepared to make use of our crypto PnL function? Join free with Moralis and achieve instant entry to our industry-leading improvement instruments!
Overview
Crypto PnL is an important monetary metric used to find out a portfolio’s web revenue or loss. Merchants, buyers, and analysts depend on this metric to evaluate asset efficiency over particular durations. As such, it’s elementary for creating instruments resembling cryptocurrency wallets and buying and selling platforms because it supplies customers with a transparent overview of their portfolios’ efficiency.
Historically, acquiring this data requires intensive guide information aggregation, together with monitoring trades and cryptocurrency costs. Nevertheless, this course of can now be streamlined utilizing a Web3 information supplier like Moralis.
With Moralis’ crypto PnL function, you possibly can simply decide the general profitability of a given deal with, analyze the PnL standing of ERC-20s, and establish the highest worthwhile wallets for particular tokens. To be taught extra about how this function works and the way it can profit you, comply with our complete information. Let’s dive in!
What’s PnL in Crypto?
Crypto PnL, brief for “revenue and loss,” refers back to the monetary end result of your buying and selling actions. It’s calculated based mostly on the distinction between the shopping for and promoting costs of your cryptocurrency tokens. As such, crypto PnL supplies an summary of how your belongings are performing over a given interval.
Crypto PnL is a necessary metric for merchants and analysts alike, providing a complete overview of portfolio efficiency. Merchants depend on it to evaluate the effectiveness of their methods, whereas analysts use it for numerous functions, together with tax reporting.
When you’re constructing decentralized finance (DeFi) platforms, cryptocurrency wallets, decentralized exchanges (DEXs), portfolio trackers, or different Web3 platforms, incorporating crypto PnL is essential. This function will give your customers a transparent indication of how their belongings are performing instantly inside your platform, boosting each engagement and retention.
Nevertheless, calculating crypto PnL from scratch may be complicated and time-consuming. It requires monitoring all trades a consumer makes and monitoring costs at particular occasions, a course of that may be tedious if performed manually.
Luckily, a Web3 information supplier like Moralis can streamline this course of. It eliminates the trouble of guide calculations, permitting you to deal with enhancing your platform’s options and consumer expertise!
Introducing Moralis – The Trade’s Main Crypto PnL API for Monitoring Pockets Revenue & Loss
With Moralis’ realized crypto PnL function, you possibly can seamlessly question the revenue and loss standing of any pockets. As such, this function gives complete insights into pockets and token profitability, making it simpler to trace and analyze earnings/losses throughout tokens and establish probably the most worthwhile wallets for any ERC-20 token!
The realized crypto PnL function consists of three endpoints:
Pockets PnL SummaryFetch the general profitability of a given deal with over a particular time interval, together with whole buying and selling quantity, whole revenue/loss, and different key metrics:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/wallets/0xd8da6bf26964af9d7eed9e03e53415d37aa96045/profitability/abstract?chain=eth’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Instance Response:
{
total_count_of_trades: 12,
total_trade_volume: ‘3793782.5812942344’,
total_realized_profit_usd: ‘-20653.121064896484’,
total_realized_profit_percentage: -1.350177388165031,
total_buys: 8,
total_sells: 20,
total_sold_volume_usd: ‘1509006.703335308’,
total_bought_volume_usd: ‘2284775.8779589264’
}
Pockets PnL BreakdownGet an in depth breakdown of buys, sells, and revenue/loss for every ERC-20 token traded by a pockets. This endpoint helps you perceive the efficiency of particular person tokens in a portfolio:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/wallets/0xd8da6bf26964af9d7eed9e03e53415d37aa96045/profitability?chain=eth’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Instance Response:
{
outcome: [
{
token_address: ‘0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2’,
avg_buy_price_usd: ‘1250.89117636677242138858’,
avg_sell_price_usd: ‘1217.57108487456170834445’,
total_usd_invested: ‘765334.18465647742708110434311858’,
total_tokens_bought: ‘611.831148157427433472’,
total_tokens_sold: ‘611.831148157427433472’,
total_sold_usd: ‘744947.914822087616974748507047918740485538176519383’,
avg_cost_of_quantity_sold: ‘1250.89117636677242138858’,
count_of_trades: 5,
realized_profit_usd: ‘-20386.26983438981010635958779520045817511936’,
realized_profit_percentage: -2.663708252302914,
total_buys: 3,
total_sells: 18,
name: ‘Wrapped Ether’,
symbol: ‘WETH’,
decimals: ‘WETH’,
logo: ‘https://logo.moralis.io/0x1_0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2_018112a9229b4bf1bf0d042beb7c2c55’,
logo_hash: ‘0a7fc292596820fe066ce8ce3fd6e2ad9d479c2993f905e410ef74f2062a83ec’,
thumbnail: ‘https://logo.moralis.io/0x1_0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2_018112a9229b4bf1bf0d042beb7c2c55’,
possible_spam: false
},
//…
]
}
Prime Worthwhile Wallets by TokenFetch the highest worthwhile wallets which have traded a sure token, offering insights into probably the most profitable merchants for that asset:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/erc20/0x7c9f4c87d911613fe9ca58b579f737911aad2d43/top-gainers?chain=eth’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Instance Response:
{
identify: ‘Wrapped Matic’,
image: ‘WMATIC’,
decimals: ’18’,
brand: ‘https://brand.moralis.io/0x1_0x7c9f4c87d911613fe9ca58b579f737911aad2d43_128bc82fe3d945e59c5e67b540eb7ab5’,
possible_spam: false,
outcome: [
{
address: ‘0x202bb2fab1e35d940fde99b214ba49dafbcef62a’,
avg_buy_price_usd: ‘0.9183155718922578201779330700749389942841’,
avg_sell_price_usd: ‘1.59952463158282389246’,
total_tokens_bought: ‘50.425564410689794636’,
total_usd_invested: ‘46.30658101979248190652763127006057463808’,
total_tokens_sold: ‘50.423563438810080581’,
total_sold_usd: ‘80.6537317325558427356221252383435353256’,
avg_cost_of_quantity_sold: ‘0.91831557189225782928’,
count_of_trades: 2,
realized_profit_usd: ‘34.34898823639942076774324344951973710758’,
realized_profit_percentage: 74.18027969262069
},
//…
]
}
This overview covers our crypto PnL function. Subsequent, we’ll stroll you thru a tutorial on tips on how to use these endpoints to trace pockets revenue and loss!
3-Step Tutorial: Easy methods to Monitor Pockets Revenue & Loss
We’ll now present you tips on how to monitor the revenue and loss standing of any pockets. And due to the accessibility of our premier API, you will get the information you want in three easy steps:
Get a Moralis API Key
Write a Script Calling the Pockets PnL Abstract Endpoint
Run the Code
Nevertheless, earlier than we get going, you’ll must deal with a few stipulations!
Stipulations
Earlier than transferring on, ensure you have the next put in and arrange:
Step 1: Get a Moralis API Key
Click on the “Begin for Free” button on the high proper to join an account with Moralis:
From there, you’ll discover your API key instantly beneath the “Residence” tab:
Copy and hold the important thing for the second, as you’ll want it through the subsequent step!
Step 2: Write a Script Calling the Pockets PnL Abstract Endpoint
Open your most popular IDE, arrange a folder, launch a terminal, and initialize a venture with this command:
npm init
Set up the wanted dependencies with this terminal command:
npm set up node-fetch –save
npm set up moralis @moralisweb3/common-evm-utils
From right here, open your “package deal.json” file and add “kind”: “module” to the listing:
Create a brand new “index.js” file and add the next code:
import fetch from ‘node-fetch’;
const choices = {
methodology: ‘GET’,
headers: {
settle for: ‘utility/json’,
‘X-API-Key’: ‘YOUR_API_KEY’
},
};
fetch(‘https://deep-index.moralis.io/api/v2.2/wallets/0xd8da6bf26964af9d7eed9e03e53415d37aa96045/profitability/abstract?chain=eth’, choices)
.then(response => response.json())
.then(response => console.log(response))
.catch(err => console.error(err));
Subsequent, you have to configure the code barely. Firstly, add your Moralis API key by changing YOUR_API_KEY. Secondly, configure the deal with and chain parameters to suit your question:
That’s it for the code. All that continues to be now’s to execute the script!
Step 3: Run the Code
Open your terminal, go to the basis folder of your venture, and run this command:
node index.js
In return, you’ll obtain a response showcasing the pockets’s whole buying and selling quantity, whole realized revenue/loss, realized revenue/loss proportion, and extra. Right here’s an instance of what it’d seem like:
{
total_count_of_trades: 12,
total_trade_volume: ‘3793782.5812942344’,
total_realized_profit_usd: ‘-20653.121064896484’,
total_realized_profit_percentage: -1.350177388165031,
total_buys: 8,
total_sells: 20,
total_sold_volume_usd: ‘1509006.703335308’,
total_bought_volume_usd: ‘2284775.8779589264’
}
That’s it! Monitoring pockets revenue and loss doesn’t should be more difficult than this when utilizing Moralis!
Use Case – Construct a Crypto PnL Tracker
Now that you understand how to trace pockets revenue and loss, you possibly can leverage this information to construct instruments like a crypto PnL tracker. A crypto PnL tracker is a platform or software that helps customers monitor their portfolio efficiency successfully!
Key options of a crypto PnL tracker embody:
Actual-Time Portfolio Monitoring: Monitor the efficiency of a portfolio in real-time, together with the revenue/loss standing for particular person ERC-20 tokens.
Historic Information Evaluation: Entry historic efficiency information to investigate how investments have carried out over particular durations.
Tax Calculations: Make the most of PnL information to help customers with their cryptocurrency taxes.
A crypto PnL tracker may be built-in into numerous platforms, resembling portfolio trackers, cryptocurrency wallets, DEXs, and extra, to enhance the general consumer expertise of your dapps!
Past Crypto PnL & Monitoring Pockets Revenue & Loss – Diving Deeper Into Moralis
Moralis stands because the {industry}’s main Web3 information supplier, providing an intensive suite of Web3 APIs and RPC nodes past the crypto PnL function. With Moralis, you possibly can entry all crypto information in a single place, making it simple to develop refined platforms like cryptocurrency wallets, portfolio trackers, and extra.
However why select Moralis’ Web3 APIs and RPC nodes?
Complete: Moralis delivers probably the most detailed API responses within the {industry}, offering extra information with fewer calls. This effectivity allows you to construct dapps sooner and extra successfully.
Cross-Chain Compatibility: Moralis helps over 30 chains, together with Ethereum, Polygon, BSC, and Optimism, providing full function parity throughout all networks. This implies you solely want one supplier for all of your crypto wants.
Safe: Profit from enterprise-grade information safety as Moralis is Web3’s first SOC 2 Sort 2 licensed information supplier.
To totally grasp the capabilities of Moralis, let’s delve deeper into our suite of improvement instruments, beginning with our Web3 APIs!
Web3 APIs
In our suite of Web3 APIs, you’ll discover ten use-case-specific interfaces. Under, we’ll introduce three outstanding examples:
Pockets API: With the Pockets API, you possibly can effortlessly retrieve any pockets’s crypto PnL, token balances, transaction historical past, web value, and rather more. By leveraging this software, you possibly can seamlessly combine pockets performance into your dapps.
Token API: The Token API lets you entry token balances, metadata, costs, and extra with just some strains of code. This makes the Token API a superb software for dapps requiring ERC-20 information, together with DEXs, portfolio trackers, and extra.
NFT API: With the NFT API, you possibly can effortlessly question NFT balances, metadata, costs, and extra. When you’re seeking to construct NFT marketplaces, Web3 video games, or comparable platforms, be sure you try the NFT API.
Streams API: With the Streams API, you possibly can effortlessly arrange Web3 information pipelines on the click on of some buttons to stream information instantly into your initiatives. As such, this highly effective software is good for establishing real-time alerts, populating databases, or enhancing dapps with up-to-date insights on tokens, wallets, and sensible contracts.
Value API: The Value API allows seamless retrieval of costs for any ERC-20 token or NFT. This superior software helps batch requests, permitting you to question the costs of a number of tokens concurrently. It’s excellent for constructing DEXs, token trackers, or any platform requiring correct pricing information.
Go to our official Web3 API web page to be taught extra in regards to the examples above and our different interfaces!
RPC Nodes
Moralis supplies RPC nodes for over 30 blockchains, together with Ethereum, Polygon, BSC, and plenty of others. And our user-friendly, point-and-click interface makes establishing nodes a breeze!
However what units our RPC nodes aside?
Velocity: Take pleasure in lightning-fast response occasions beginning at simply 70 ms, making certain you obtain the information you want at once.
Reliability: Our nodes are designed for optimum dependability, with a powerful 99.9% uptime.
Safety: Profit from top-notch information safety because the {industry}’s first SOC 2 Sort 2 licensed information supplier.
To be taught extra, please go to our official RPC nodes web page or try one of many following guides, the place we discover Fantom RPC nodes and Blast RPC nodes!
Abstract: Crypto PnL API – Easy methods to Monitor Pockets Revenue & Loss
Crypto PnL is a important monetary metric used to find out the online revenue or lack of a cryptocurrency portfolio. Merchants, analysts, and buyers depend on this metric to trace asset efficiency over particular time durations, making it important for constructing all the things from wallets to portfolio trackers.
Nevertheless, calculating the revenue and lack of a pockets from scratch is usually a tedious and sophisticated activity, requiring fixed monitoring of consumer transactions, token costs, and extra. Fortunately, now you can seamlessly question the crypto PnL of any portfolio with a single line of code utilizing a Web3 information supplier like Moralis.
Moralis’ crypto PnL function consists of three core endpoints:
Pockets PnL Abstract: Get hold of the general profitability of a given pockets over a specified interval. This consists of whole buying and selling quantity, whole revenue/loss, revenue/loss proportion, and different key metrics.
Pockets PnL Breakdown: Fetch an in depth breakdown of buys, sells, and revenue/loss for every token traded by a pockets. This endpoint supplies an in-depth understanding of the efficiency of particular person tokens in a portfolio.
Prime Worthwhile Wallets by Token: Determine the highest worthwhile wallets which have traded a particular token, providing insights into probably the most profitable merchants for that individual asset.
As such, when utilizing Moralis, you possibly can seamlessly monitor pockets revenue and loss with out breaking a sweat!
When you discovered this crypto PnL tutorial useful, think about exploring extra content material on our weblog. For instance, try our article on the DeBank API for data on our DeFi positions function, or examine our Alchemy Webhooks information for extra data on streams.
Moreover, if you happen to want to monitor pockets revenue and loss your self, enroll with Moralis. You’ll be able to create an account freed from cost and achieve instant entry to our suite of industry-leading instruments.