How Crypto.com is Revolutionizing DeFi: Wallet Evolution Powered by ZettaBlock

Crypto.com
is
a
leading
global
cryptocurrency
platform
with
more
than
80
million
customers
worldwide.
Its
product
suite
includes
the
Crypto.com
App,
the
prepaid
Crypto.com
Visa
card,
a
mobile
DeFi
wallet
for
asset
management,
and
much
more.
Recently,
Crypto.com
added


Degen
Arcade
to
its
DeFi
wallet,
enhancing
user
experience
with
easy
trading
of
memecoins
and
insights
into
asset
balances
and
on-chain
interactions.
This
feature,
aimed
at
simplifying
trading
and
discovery
of
trending
memecoins,
further
demonstrates
Crypto.com’s
commitment
to
user-centric
innovation,
as
well
as
the
challenge
of
real-time
data
processing
faced
by
wallet
providers.

This
article
provides
an
in-depth
analysis
of
the
infrastructure
requirements
essential
for
maintaining
robust
wallet
systems
and
meeting
real-time
demands
for
user
balance
and
holdings
queries,
powered
by
ZettaBlock.

“ZettaBlock’s
prebuilt
APIs
have
been
instrumental
for
Crypto.com
in
streamlining
real-time
balance
and
price
data
access,
significantly
cutting
costs
and
reducing
our
infrastructure
overhead.
This
solution
has
not
only
helped
us
avoid
the
challenges
of
data
silos
but
also
enhanced
our
user
experience
with
its
low-latency
performance,
leading
to
improved
retention
and
satisfaction.”
–
Terence
Chen,
Product,
DeFi
Wallet
@
Crypto.com

Degen
Arcade
–
Revolutionizing
Memecoin
Trading

Serving
more
than
80
million
customers
worldwide,
Crypto.com’s
emphasis
on
high-quality
UX
hinges
on
advanced
and
reliable
data
infrastructure.
The
platform
faces
the
critical
task
of
providing
real-time
data
updates
and
accurate
visualizations,
both
essential
in
supporting
accurate
decision-making
for
users.
The
Degen
Arcade,
a
hub
for
memecoin
trading,
offers
a
seamless,
intuitive
experience
with
fast,
reliable
data
processing.
Users
can
easily
monitor
portfolios,
execute
quick
transactions,
and
earn
rewards
through
the
DegenScore
points
system.

The
Challenge:
Developing
an
Intuitive,
Real-Time
Trading
Feature

Developing
the
DeFi
wallet’s
Degen
Arcade
feature
presented
Crypto.com
with
extensive
challenges.
The
key
was
to
ensure
data
from
multiple
blockchains
was
accurately
decoded
and
accessible
in
real-time.
Overcoming
the
high
latency
of
existing
data
indexing
solutions
was
crucial
to
provide
users
with
immediate
access
to
their
wallet
information.
Additionally,
integrating
data
from
over
38
chains
and
more
than
4000
tokens,
while
avoiding
data
silos
and
isolation
in
the
Web3
space,
proved
complex.
Creating
a
scalable,
low-latency
public-facing
API
that
could
grow
with
the
platform’s
user
base
and
still
provide
comprehensive,
easily
understandable
metrics
was
another
significant
hurdle,
involving
substantial
development
and
maintenance
resources.

The
costs
of
building
an
in-house
solution
that
would
solve
the
above
challenges
would
be
enormous
(with
an
estimate
of
over
$1M)
and
would
require
hundreds,
if
not
thousands
of
development
and
maintenance
hours. 

Solution:
ZettaBlock’s
Robust
Infrastructure

ZettaBlock’s
infrastructure
solution
plays
a
pivotal
role
in
enhancing
the
Crypto.com
DeFi
wallet,
particularly
the
Degen
Arcade.
Our
scalable
and
versatile
infrastructure
ensures
easy
access
to
high-quality,
reliable
data:

• 
  High
  quality
  on-chain
  data
  for
  a
  multiplicity
  of
  chains,
  as
  well
  as
  crucial
  off-chain
  data,
  such
  as
  pricing,
  with
  the
  ability
  to
  join
  different
  data
  sources.
• 
  Automated
  data
  pipelines,
  meaning
  there
  is
  a
  zero
  management
  effort
  required
  to
  create
  any
  pipelines,
  whilst
  users
  still
  have
  the
  flexibility
  to
  display
  various
  different
  metrics
  within
  the
  DeFi
  wallet.
• 
  Out-of-the-box
  scalable
  database
  for
  storing
  various
  generated
  tables.
• The
  
  public-facing
  API
  is
  super-low-latency
  and
  
  can
  handle
  high
  QPS
  (multiple
  simultaneous
  queries
  ran
  do
  not
  negatively
  affect
  the
  platform),
  making
  it
  very
  reliable
  with
  a
  high
  uptime.

Altogether,
this
solution
further
enables
Crypto.com
to
grow
its
ecosystem
and
assures
that
users
have
the
best
Web3
platform
experience.

Conclusion:
A
New
Era
in
DeFi
Trading

The
synergy
between
Crypto.com
and
ZettaBlock
represents
a
groundbreaking
advancement
in
DeFi
trading.
By
incorporating
ZettaBlock’s
innovative
real-time
data
solutions,
Crypto.com
has
elevated
the
trading
experience
with
new
features
like
the
Degen
Arcade,
offering
improved
efficiency
and
user
engagement. 

Prebuilt
APIs
to
10x
Speed-Up
Your
Time
to
Market

ZettaBlock’s
suite
of
Prebuilt
APIs,
particularly
the
Price
API,
plays
a
crucial
role
in
streamlining
the
development
process
for
wallet
features
like
Degen
Arcade.
This
API
provides
developers
with
instant
access
to
the
latest
price
data
for
any
token,
eliminating
the
need
for
extensive
backend
data
processing.

By
integrating
this
powerful
tool,
Crypto.com
was
able
to
significantly
expedite
the
development
and
launch
of
new
features,
ensuring
that
users
always
have
access
to
the
most
current
and
accurate
pricing
information.

Like
what
you
see?
Developers
looking
to
build
new
wallet
applications
or
streamline
their
current
development
processes
can
leverage
our
PreBuilt
Wallet
and
Price
APIs.


Explore
how
to
build
your
own
wallet
from
scratch
with
our
prebuilt
APIs
sign
up
for


free
access
to
ZettaBlock
here.

Join
us
in
shaping
the
future
of
DeFi!