HomeRisk Management

Risk Management

Risk management is the difference between staying in the game and going bust. Use these tools to size your positions correctly.

Crypto Tax Calculator

Calculate your capital gains and tax liabilities across trades.

Best for:

Preparing annual tax returns for crypto traders.

Not for:

Non-taxable events or simple hodlers.

Liquidation Price Calculator

Determine your liquidation point for leveraged positions.

Best for:

Managing risk in leveraged futures trading.

Not for:

Spot trading without leverage.

Position Size Calculator

Calculate how much to risk per trade based on your portfolio.

Best for:

Ensuring consistent risk management across trades.

Not for:

Random gambling or "all-in" strategies.

Hardware Wallet Selector

Find the best cold storage for your crypto assets.

Best for:

Long-term holders looking to secure their funds.

Not for:

Active day traders (unless used with DEXs).

Portfolio Rebalancer

Maintain your target asset allocation automatically.

Best for:

Long-term index-style investors.

Not for:

Day traders or swing traders.

Arkham Intelligence

De-anonymize on-chain entities and track whales.

Best for:

Tracking exchange holdings and whale movements.

Not for:

Privacy-first users (this tool is built to de-anonymize).

Revoke.cash

Manage and revoke your token approvals to stay safe.

Best for:

Preventing wallet drains after interacting with dApps.

Not for:

Executing trades or tracking prices.

L2BEAT

Analytics and risk assessment for Ethereum Layer 2s.

Best for:

Evaluating the security of L2 networks like Arbitrum or Optimism.

Not for:

Checking Layer 1 chains (e.g., Solana, Avalanche).

Rabby Wallet

The best browser wallet for DeFi power users.

Best for:

Safely interacting with DeFi protocols.

Not for:

Mobile-only users (primarily a desktop extension).

Bubblemaps

Visualize token supply distribution and wallet clusters.

Best for:

Vetting new tokens and identifying fake decentralization.

Not for:

Tracking large CEX movements (best for DEX tokens).

Nansen

High-end on-chain analytics with "Smart Money" labels.

Best for:

Institutional-grade research and following the smart money.

Not for:

Retail traders on a budget (very expensive).

dYdX vs GMX

Orderbook vs Liquidity Pool for Perp trading.

Best for:

Leveraged traders moving away from CEXs.

Not for:

Spot-only holders.

Hyperliquid vs dYdX

The next generation of Perp DEXs on L1/L2.

Best for:

HFT (High Frequency Trading) and points farming.

Not for:

Long-term holders not using leverage.

Aevo vs Hyperliquid

The new age of Option & Perp L2s.

Best for:

Options traders and pre-launch market fans.

Not for:

Simple buy-and-hold users.

Common Mistakes to Avoid

  • Over-leveraging during high volatility.
  • Not using stop-loss orders.