Calculating the net worth of a wallet is a tedious and time-consuming task. It typically involves manually collecting data across multiple blockchain networks, resulting in separate calls to ERC20 token balances, local balances, and prices, not to mention NFT. The result is a complex workflow that requires significant development time and can result in thousands of best blockchain API calls.
Since you can take advantage of the wallet net worth endpoint to avoid the tedious and time-consuming task of manually calculating any wallet net worth, it offers a lot of benefits to Web3 developers. Below, we'll briefly explore three outstanding examples:
Effortless Net worth calculation: You can now effortlessly get the net worth of any wallet without manual data aggregation.
Accurate price data: Moralis provides up-to-date real-time price data to ensure accurate portfolio evaluation.
Reduce complexity: With a wallet net worth endpoint, you don't have to manually get and calculate the total value of your wallet. As a result, this endpoint helps provide a more accessible developer experience, resulting in fewer of the best blockchain API calls and a simpler workflow.
ERC20 Wallet chart net worth
By launching this endpoint, we enable developers around the world to call the best blockchain API faster and with fewer calls. As a result, wallet net worth endpoints free up a lot of time, allowing you and your team to focus on what matters: building compelling user experiences and increasing customer value.
In-depth tutorial: How to get the net worth of any ERC20 wallet in 3 steps
With an overview of our premier endpoints, we will now show you how to get your wallet's ERC20 net worth in three simple steps:
Step 1: Get your Moralis best blockchain API key
Step 2: Write a script that calls the wallet net value endpoint
Step 3: Run the code
However, before we proceed, you need to note a few basic prerequisites!