Top 3 Ethereum DeFi Platforms (March Edition)

By S1mple Finance | S1mple Finance | 12 Mar 2022

What is DeFi?

DeFi stands for decentralized finance. The first decentralized finance platforms have launched on Ethereum blockchain few years ago. Now, DeFi platforms are built and operate on more than 10 blockchain networks. Today, we are going to take a look at the top performers, built or operating on Ethereum network.

#3 Sushi

Sushi is a DeFi platform, where users can:

Trade - buy and sell crypto tokens
Provide liquidity - users can get LP tokens and earn percent of the trading fees. Also, those LP tokens can be staked, in order to earn SUSHI rewards
Lend/Borrow - users can lend their crypto assets and earn rewards. Also, users can eventually borrow percent of their lended balance

Supported blockchains: Ethereum, Polygon, Arbitrum, Avalanche, Moonbeam, Moonriver, Fantom, BSC, Gnosis, Harmony, Telos EVM, Celo, Fuse, OKEx, Heco and Palm

#2 Polygon POS Bridge

Most secure DeFi solution, where users can:

Bridge - users can bridge their assets between Ethereum and Polygon networks
Stake - users can stake MATIC and earn commissions

Supported blockchains: Ethereum

#1 MetaMask Swap

Most trusted crypto swap extension, where users can:

Trade - buy and sell crypto tokens

Supported blockchains: Ethereum

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Cryptocurrency Crypto Blockchain Ethereum (ETH) DeFi

How do you rate this article?

S1mple Finance

S1mple Finance is a next generation DeFi project, which will allow web3 users to access all the DeFi features in one place (trading, liquidity farming, staking, nft and much more)

S1mple Finance

S1mple Finance is a next generation DeFi project, which will allow web3 users to access all the DeFi features in one place (trading, liquidity farming, staking, nft and much more).