What is DeFi?
DeFi is the abbreviation of Decentralized Finance. DeFi is a financial service based on blockchain technology. It does not rely on traditional financial institutions, but provides financial services through smart contracts and decentralized applications. The goal of DeFi is to provide financial services in a decentralized manner, thereby eliminating middlemen and centralized institutions in the traditional financial system.
Track Trend
In the past few days, the performance of various tracks has fluctuated greatly. On September 25, DePIN and AI tracks performed outstandingly. On September 26, DePIN continued to lead, but the Meme track also performed strongly. On September 27, the Meme track rose sharply and became the highlight of the day. On September 28, the Meme track continued to lead. On September 29, the Meme and Solana tracks performed best. On September 30, the Meme track still performed well, but the overall market fell back. On October 1 and 2, the Solana track performed relatively well. On October 3, the overall market fell, and the Solana track fell the least. On the latest date (October 3), despite the overall market falling, the Solana track performed relatively best and fell the least. Overall, the Meme and Solana tracks have performed relatively well during this period, showing strong growth potential.
DeFi Token Trends
Over the past period of time, multiple tokens in the DeFi track have performed well, especially tokens such as SUSHI and UNI, which have experienced significant gains on multiple dates. SUSHI's performance was particularly outstanding, rising 29.87% and 22.76% respectively on September 28 and September 29. UNI also rose by 12.39% and 12.19% on September 27 and September 28, respectively. Although some tokens such as DODO and AAVE performed poorly on certain dates, overall, the DeFi track is still full of vitality, and multiple tokens have shown strong growth potential. Keep paying attention to these tokens, there may be more investment opportunities in the future.
