13 Best DeFi Coins to Invest In 2023

Best DeFi Coins to Invest – DeFi projects are among the most invested coins recently. The fact that it has a strong project and infrastructure and the DeFi system is seen as the financial system of the future has increased the popularity of the coins. 

On the other hand, the transparent and open financial system provided by the DeFi system should not be ignored. With the best DeFi projects, you can learn about coins and take a look at the coins that are expected to rise.

“What is DeFi?” with you a few days ago. I shared its content. I wanted to talk about the best DeFi projects as a result of your feedback. But before we start, I should remind you that cryptocurrencies carry a lot of risk and every investor should invest according to their own analysis

Best DeFi Coins to Invest

The DeFi system is considered the most important alternative to the traditional financial system. Borrowing/lending, use of credit, etc. in every area where there is an internet connection. 

The freedom offered in services enables DeFi projects to be preferred. You can also manage risk by taking a look at the market value and long-term growth values ​​in choosing the best DeFi project. Here are the best DeFi projects that have come to the fore recently!

Avalanche (AVAX)

Developed by Ava Labs and shown with the symbol AVAX, Avalanche is one of the coins that crypto investors are familiar with. Avax, which has an important place among the best DeFi projects, defines itself as the biggest competitor of Ethereum. 

In addition, it is possible to say that it satisfies the users with the advantage of fast processing and low cost. Another remarkable detail about AVAX is that Emin Gün Sirer of Turkish origin is among the founders of Ava Labs.

Lucky Block (LBLOCK)

Lucky Block (LBLOCK), which is on the list of promising and best DeFi projects, managed to attract the attention of the players. Lucky Block can be compared to a system of lottery and games of chance. 

However, it differs from traditional systems with blockchain technology. Located in the BNB Chain ecosystem, LBLOCK appeals to investors with its emphasis on security, speed and fairness. 

While LBLOCK attracts attention with the slogan “Crypto Lottery Where Everyone Wins”, it seems that it will be mentioned frequently in the coming days.

DAI

When it comes to the best DeFi projects, I think it is impossible not to mention the DAI coin. DAI is a stablecoin pegged to $1. DAI, which is among the DeFi coins with the highest market value, was launched in 2017. 

I should also mention that MakerDAO, one of the most important platforms of d’App, is a stable cryptocurrency. The DAI price should always be fixed at $1. MKR tokens can be burned or created if they are below or above $1. In this way, users always see the DAI coin equal to 1 dollar.

Uniswap (UNI)

The Uniswap platform, built on the Ethereum network, is considered among the best DEX platforms. The platform’s native token UNI has been one of the best DeFi projects for a long time. Uniswap allows users to exchange ERC-20 tokens without the need for any middleman.

Chainlink (LINK)

Chainlink was introduced to act as a bridge between blockchain and non-blockchain systems. LINK, which has managed to progress by increasing its value since 2017, has consolidated its place among the best DeFi projects. 

Security or tampering of API and other data streams is reduced through smart contracts. Therefore, it is possible to say that it has proven its security for API developers and investors.

AAVE (AAVE)

While talking about the best DeFi coin and projects, Aave should be given an important place. Many people who are interested in crypto money must have heard of the Aave coin, even if they have not heard of the DeFi projects and system. Developed as open source, Aave has a limited supply. 

This may indicate that the value of the coin will increase further in the future. Also, investors can borrow money, swap, interest, etc. can also use the features.

yearn.finance (YFI)

YFI, the local token of the yearn.finance protocol, which stands out with Yield farming, takes its place among the best DEFI projects. Yearn Finance also has a number of features that allow investors to earn additional income. 

At the same time, high interest rates or lending without intermediaries, etc. It has also been among the most important names with its features. However, with the strengthening of the protocol and gaining additional features, it is an important name for promising coins.

Ocean Protocol (OCEAN)

One of the biggest problems of today’s world is the protection, storage and sharing of personal data. OCEAN, on the other hand, is considered one of the largest alternatives that offers a solution to this problem. 

Accordingly, users can control who their data is shared with over the Ocean protocol, and a completely transparent management is provided. 

In addition, those who wish can sell their personal data over the Ocean protocol. The maximum supply of Ocean token, which is among the best DeFi projects, is 1,410,000,000.

Cosmos (ATOM)

I think it is not surprising to see the Cosmos (ATOM) token among the top DeFi coins. Proving its reliability for a long time, Cosmos was introduced to ensure security between blockchain networks.

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Although the establishment of the Cosmos protocol was 2014, ATOM was launched in 2017. Especially in the future, developers are expected to experience an easy, fast and practical process with Cosmos.

Polygon (MATIC)

Among the top DeFi projects on the Ethereum network is Polygon. Introduced to produce an effective and powerful solution to scaling problems, Polygon was launched in 2017. 

It is also possible to say that it solves basic problems such as speeding up the block approval period and strengthening the network. Finally, I should mention that MATIC tokens are distributed monthly.

Phantom (FTM)

Fantom (FTM), which has been adopted by investors in a short time, is on the list of the best DeFi coins. Fantom, a DAG-based smart contract platform, is one of the few DeFi coins that can be mined. 

However, it should be noted that it is different from the usual mining. On the other hand, it also aims to be an alternative to Ethereum.

Synthetix (SNX)

Another prominent name for the most popular and best DeFi projects is Synthetix (SNX). Synthetix provides liquidity for cryptocurrencies and other digital assets. 

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In the protocol, transactions are made with digital assets called Synt. It is preferred to collateralize synthetic assets, but investors can also use the platform to earn passive income.

Solana

The native token of the Solana platform, SOL, is one of the most sought-after units by crypto investors. On the other hand, Solana can be a good choice for those who are looking for the best DeFi projects, thanks to the features it offers. 

It was also mentioned in a report by Bloomberg as ‘Ethereum’s biggest long-term competitor’. With this mention, Sol coin also experienced a rapid rise globally. On the other hand, it offers a faster transaction advantage compared to Ethereum with its high speed.