# Overview

The Dexwhales Wallet Tracker is the most sophisticated wallet tracking and analysis tool in the Solana ecosystem. It was developed to address the lack of precise analytics and sufficient metrics needed to evaluate wallets for copy trading.

### **Why Dexwhales Wallet Tracker Was Created**

&#x20;The Dexwhales Wallet Tracker was developed to address the shortcomings of existing Solana wallet trackers, which often provide limited and inaccurate analytics.

**Accuracy:**

Existing Solana wallet trackers offer limited analytics, such as PNL (Profit and Loss) or ROI (Return on Investment), and their calculation methods are often inaccurate. For example:

* **Accurate Trades Detection:**\
  Accurately detecting swaps across all Solana platforms requires precise data parsing. Dexwhales leverages Solscan, the top Solana explorer, to ensure the most reliable data for analytics calculations.
* **Precise PNL Calculations:**\
  To calculate PNL accurately, each trade's entry and exit prices, as well as exact amounts, must be analyzed individually. Many tools fail to combine this granular approach with proper methods, leading to incorrect results.
* **Removing non-traded Tokens:**\
  All existing trackers fail to exclude non-traded tokens—such as airdrops, self-created tokens, or others—from their metrics. This oversight can falsely portray unprofitable traders as highly profitable due to inflated PNL or ROI metrics. Dexwhales implements a unique method to identify and exclude these unbought tokens, ensuring calculations reflect only real trading activity.

**Unique Analytics:**\
Beyond accuracy, Dexwhales provides advanced analytics essential for identifying profitable wallets, such as:

* **Profit Factor**
* **Reward-to-Risk Ratio**
* A**dditional proprietary metrics unavailable in other trackers.**

**Ranking System:**

By implementing a ranking system, Dexwhales makes it easy to detect wallet profitability, even for beginners unfamiliar with different metrics. Learn more in the [Wallet Stats ](../wallet-stats)section.
