Top 3 Solana DeFi Platforms (April Edition)

By S1mple Finance | S1mple Finance | 8 Apr 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 Solana network.

#3 MeanFi

A self-custody, permissionless and trustless bank, where users can:

  • Trade - buy and sell crypto tokens
  • Stake - users can stake MEAN, SOL or LP tokens and earn rewards

Supported blockchains: Solana

#2 Raydium

An on-chain order book AMM, where users can:

  • Trade - buy and sell crypto tokens
  • Provide liquidity - users can provide liquidity and earn percentage of trading fees as rewards
  • Stake - users can stake RAY tokens and earn RAY rewards

Supported blockchains: Solana

#1 Orca

A user-friendly DEX, where users can:

  • Trade - buy and sell crypto tokens
  • Provide liquidity - users can provide liquidity and earn percentage of trading fees as rewards

Supported blockchains: Solana

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S1mple Finance
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

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).

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