1. Uniswap (UNI)
Uniswap is the largest decentralized exchange, allowing the trading of ERC-20 tokens without intermediaries. The platform operates on an automated market-making (AMM) protocol, enhancing liquidity and transparency in DeFi transactions.
2. Aave (AAVE)
Aave is a decentralized lending platform that provides collateral-free loans through smart contracts. Users can deposit idle assets to earn interest or borrow with flexible interest rates. It is one of the most popular DeFi platforms today.
3. Maker (MKR)
Maker DAO is the project behind DAI, a stablecoin backed by assets on Ethereum. This system helps DAI maintain stable value and provides effective tools for decentralized lending and investing.
4. Chainlink (LINK)
Chainlink provides "oracles" to connect off-chain data to smart contracts, enabling them to operate based on real-time data. Its high applicability makes Chainlink one of the core platforms of DeFi.
5. Compound (COMP)
Compound is a lending protocol that allows users to deposit assets and earn interest or borrow with collateralized assets. Its standout feature is the automatic adjustment of interest rates based on supply and demand, optimizing benefits for users.
6. Curve (CRV)
Curve Finance is a decentralized stablecoin trading platform with low transaction costs, ideal for those looking to trade stablecoins with high liquidity and stable pricing.
7. PancakeSwap (CAKE)
As a popular decentralized exchange on the BNB Chain, PancakeSwap offers flexibility and low costs in token trading, while also supporting staking and other DeFi tools.
8. Synthetix (SNX)
Synthetix allows users to create and trade derivative assets on the blockchain, opening up opportunities to trade traditional and digital assets, expanding the DeFi ecosystem.
9. Yearn.Finance (YFI)
Yearn.Finance is a yield aggregator platform in DeFi, helping users optimize assets to achieve the best interest rates through automated investment strategies, saving time and effort.
10. Kava (KAVA)
Kava is a cross-chain DeFi platform that provides lending and savings services with stable interest rates. Supporting various types of assets, Kava is a suitable choice for investors looking to diversify their assets in DeFi.
