DeFi tokens are a collection of cryptocurrencies that are native to automated, decentralized platforms that use smart contracts. Decentralized finance is the term used to describe initiatives that seek to offer conventional financial services—like loans, savings accounts, and asset exchanges without the aid of a middleman.
Here are 5 Best Defi Tokens To Watch Out This Week
Uniswap
Chainlink
Tezos
Avalanche
Curve DAO Token
1. Uniswap
One of the most widely used decentralized trading protocols, Uniswap (UNI), is a market leader in the area thanks to its total-value-locked (TVL). It gained enormous traction in the cryptocurrency community for developing the automated market maker (AMM) system to enable automated trading of Defi tokens without a centralized middleman. The Uniswap ecosystem was created with the goal of keeping token trading fully automated and accessible to anyone who owns tokens.
Source: Coinmarketcap
Uniswap’s price at the time of writing is $6.56, with a market capit
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