Context

Our Switzerland client had an idea of building a software tool that could find new token-pairs quickly, as soon as they appear on DEXs and report to specific Telegram channel. In this Case study InnovateWire show the solution we've built and technologies we've used for this.

The cryptocurrency market is a rapidly evolving and fast-changing landscape, even seconds could play a huge role here, with new tokens being launched on decentralized exchanges (DEXs) daily. For traders and investors, identifying promising new tokens at the earliest stage is critical for securing favorable positions before the market adjusts. However, manually monitoring multiple DEXs and liquidity pools is an inefficient and time-consuming process. The need for an automated, real-time notification system for new token launches led to the creation of a solid crypto scanner designed to filter and alert users about new trading pairs.

Solution

InnovateWire Team is created an automated crypto scanner that monitors new token pairs across various decentralized exchanges and markets. The platform uses API integrations with leading crypto data aggregators, such as DexTools.io and DexScreener.com, to detect and notify users of new token listings in real-time. In this blog post we covered the difference between the tools to use in a software automation to get best results at the end.

Through a customizable filter system, it allows users to specify parameters such as liquidity, trading volume, and contract age, ensuring that only relevant tokens are highlighted. The scanner delivers instant notifications to a dedicated Telegram channel, enabling traders to react quickly to market changes and make informed investment decisions.

Discovery

The development of the solution was driven by the limitations of existing token discovery tools, which often lacked real-time alerts, were cluttered with low-quality data, or required extensive manual oversight. It is also difficult to protect yourself without knowing the back-end of an application. Many traders relied on platforms that provided delayed or incomplete information, making it difficult to capitalize on newly launched tokens.

Utilizing such tools like RugCheck and TokenSniffer solution automatically in real-time checked all the new tokens for security. User can set the level needed.

Market research indicated that a solution with real-time, user-configurable alerts would significantly improve the trading experience. The initial concept was to create a lightweight yet powerful scanner that could operate seamlessly with widely used crypto API's while ensuring minimal latency in notifications.

Technologies & Tools

The platform is built using a robust tech stack, ensuring high performance and reliability:

• Programming Language: Python – selected for its versatility and efficiency in handling API requests and data processing. And here is why python is the best choice for a software automation.

• APIs:

  • DexTools.io API – provides real-time market data on new token pairs.
  • DexScreener.com API – offers additional insights into token liquidity and trading volume.
  • RugCheck.xyz API - offers a security checks for solana tokens
  • TokenSniffer - offers a security checks for etherium tokens

• Notification System: Telegram Bot API – integrates with a Telegram channel to push instant notifications.

• Data Filtering: Custom Python algorithms – allow users to set specific filters to refine token discovery based on predefined parameters.

• Deployment & Hosting: The backend runs on cloud-based infrastructure to ensure uptime and scalability, leveraging Docker containers for efficient resource management.

Results

Since its launch, Solution has proven to be a valuable tool for crypto traders, offering several key benefits:

• Real-Time Alerts: The system detects and notifies users of new token pairs within seconds of their launch, providing a significant advantage in fast-moving markets.
• Customizable Filters: Users can set personalized filters to focus on tokens that meet specific investment criteria, reducing noise and improving decision-making.
• Seamless Telegram Integration: Instant notifications allow traders to act quickly without needing to manually monitor DEX platforms.
• Scalability & Reliability: The system is designed to handle large volumes of API requests efficiently, ensuring stable performance even during peak trading hours.

InnovateWire Team has successfully enhanced the way client can discover and analyze new crypto tokens, bridging the gap between raw market data and actionable insights. By leveraging powerful APIs, automation, and real-time notifications, the platform has positioned itself as an essential tool for those navigating the dynamic world of decentralized trading.