Honest Comparison
DeBank vs UpdraftFi
DeBank tracks DeFi positions on EVM chains. UpdraftFi is a crypto net worth tracker that covers EVM, Bitcoin, Solana, exchanges, and traditional assets.
| Feature | UpdraftFi | DeBank |
|---|---|---|
| Primary focus | Net worth tracking | On-chain DeFi tracker |
| Best for | Complete financial picture | EVM DeFi users |
| Pricing | Free / $19 / $49 per month | Free (some features paywalled) |
| Chain support | EVM + Bitcoin + Solana | EVM chains |
| DeFi tracking | Yes | Yes |
| Traditional assets | Yes | No |
| Exchange tracking | Yes | No |
| Manual entries | Yes | No |
| In-app token swaps | Yes | No |
| Balance encryption | Zero-knowledge | Not specified |
| Social / wallet explorer | No | Yes |
| Mobile app | Mobile-responsive web app | iOS (1.9★) + Android |
Looking for a DeBank alternative? Here's how the two crypto portfolio trackers compare on features, privacy, and asset coverage.
What DeBank does well
DeBank is the go-to DeFi tracker for EVM chains. Paste any wallet address and it automatically discovers tokens, DeFi positions (staking, lending, LPs), and NFTs across Ethereum, Arbitrum, Optimism, Base, Polygon, BSC, and dozens of other EVM networks. No setup, no API keys. It just works.
The social layer is genuinely useful. You can explore any wallet, follow addresses, and see what other portfolios hold. For DeFi power users who want to track whales or research protocols, that's a feature most portfolio trackers don't offer.
Core tracking is free, and the interface is clean for what it does. If your portfolio is entirely on EVM chains and you just want a quick read on your DeFi positions, DeBank handles that well.
That said, Reddit users note it's limited to EVM chains (no Bitcoin, no Solana), doesn't support exchange tracking or manual entries, and has moved some features behind a paywall. The iOS app has a 1.9-star rating. If your portfolio extends beyond EVM DeFi, you'll need additional tools.
Where UpdraftFi is different
Built for net worth tracking
We show you your complete financial picture: EVM wallets, Bitcoin, Solana, exchange balances, plus traditional assets like bank accounts and real estate. If you want one private crypto portfolio tracker that shows everything you own, that's us.
Multi-chain from the start
UpdraftFi supports EVM chains, native Bitcoin, and Solana in one dashboard. You don't need separate tools for each ecosystem. Exchanges like Binance, Kraken, and Coinbase are supported too.
Historical net worth snapshots
UpdraftFi takes daily snapshots and builds a historical timeline of your net worth. You can see how your portfolio has changed over weeks, months, or years, not just what it's worth right now.
Active crypto features
UpdraftFi tracks DeFi yield and APY on your positions, and lets you swap tokens directly in the app. It's a portfolio you can act on, not just look at.
Privacy architecture
These two tools have very different approaches to your data:
| Data | UpdraftFi | DeBank |
|---|---|---|
| Balance snapshots | Zero-knowledge (we cannot decrypt) | On-chain (public by nature) |
| Encryption claims | Zero-knowledge for balances | Not specified in public docs |
| Data selling | No | Not clearly stated |
| Third-party sharing | Minimal (infrastructure only) | Service providers, affiliates |
DeBank reads on-chain data, which is public by nature. Anyone can look up any wallet address. Their privacy policy (shared with Rabby wallet) mentions data sharing with third-party service providers and affiliates, but doesn't clearly specify encryption standards or make a "no data sales" commitment in their public documentation.
UpdraftFi takes a different approach: your balance snapshots are encrypted with keys derived from your passphrase. We can't see your net worth even if we wanted to. The trade-off is that we need to decrypt API keys to auto-fetch crypto data.
Which tool is right for you?
Use DeBank if…
Your portfolio is entirely on EVM chains
You want to explore other wallets (social layer)
You need free, instant DeFi position tracking
You don't need exchange or traditional asset tracking
Use UpdraftFi if…
You want a complete net worth view (crypto + traditional)
You care about zero-knowledge balance encryption
You hold assets across EVM, Bitcoin, Solana, and exchanges
You want historical net worth tracking over time
The bottom line
DeBank is a strong EVM DeFi tracker with a useful social layer for exploring wallets. UpdraftFi is a crypto net worth tracker built for people who want privacy and a complete financial picture across chains and asset types.
If your portfolio lives entirely on EVM chains and you want free, instant position tracking, DeBank does that well. If you want one private dashboard for your complete net worth across crypto, exchanges, and traditional assets, that's what we built.
Frequently Asked Questions
Sources: debank.com, rabby.io/docs/privacy, Google Play, App Store, user discussions on Reddit. Last updated February 2026.
