Decentralized Finance Market Cap grows day by day and many investors look for exact projects.
China restrictions and bans, SEC regulation signals and unknown pandemic conditions aware investors where allocate the assets about medium and long term projects.
As you know that CEX and DEX have had a smooth battle from the beginning of 2020 after the DeFi projects get popular among many others. Especially, Uniswap, Compound, Maker DAO and Lend (now AAVE) were the first major projects among them. For now, the DeFi market cap reached a 50 Billion USD market cap and will entirely enhance soon.
Today, I merged the top 15 DeFi projects according to the market cap for you. However, I shared some of the my tips & tricks too.
Note For Professionals: If you are a crypto investor and/or trader, you have to use these 3 social media weapons well. Medium, Twitter, and Discord.
Do you know that Blockchain, Cryptocurrency, Bitcoin, Ethereum, DeFi, and Crypto tags are on the top list understories and story/writer (follower) rates? So, you can find out many original pieces of information on Medium about your favourite projects. However, almost all the major projects have official Medium accounts.
You can use my referral link for sign up Medium and support my channel saleswallet.medium.com
Top on the list is Uniswap by covering 30% dominance of the DeFi market cap, $12.4B
As you can see that many DeFi projects are carbon copy of Uniswap like PancakeSwap.
Uniswap was in a big race AAVE during last year but almost increased 4x of AAVE for now.
Binance backed DeFi protocol PancakeSwap is one of the top staking protocol among DeFi space. Especially, high APY farming and pools. However, many unveiled new projects launched on PancakeSwap farming pools.
Uniswap or PancakeSwap: Battle of the DEXsBig battle on DEXs. Which one will win this hot war? Uniswap or PancakeSwap? Deep diving into together.medium.com
3. Aave (AAVE)
In DeFi space, AAVE is my favorite project and too adaptive the many protocols to make bridges, EVM and other tools to use on different networks.
4. Maker (MKR)
Categories: CRYPTO 101 GUIDE, CRYPTO NEWS, CRYPTO PROJECTS, DEFI - DECENTRALIZED EXCHANGE