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Top 10 DeFi stories of 2020

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The decentralized finance sector has exploded in popularity in 2020, as new DeFi tokens like Wcres, Comp, and Bal, Yam, Pols introduce the concept of an ‘Initial Dex Offering (IDO)’ – and move traders onto Uniswap, Dodo Exchange, Balancer and so on. Here are 2020’s top 10 stories of the DeFi world (by DeFi.cx):

1) The best crypto debit cards of 2020

Although initially both MasterCard and VISA were a bit strict towards crypto debit cards, over the last 2 years both companies have decided to grant several licenses to crypto companies to provide debit cards to their customers… Continue

2) Five reasons why derivatives are the most promising opportunity in DeFi today

But which subsection of the DeFi space will see the most explosive growth? We believe decentralized derivatives is currently the single most promising investment opportunity in DeFi today, and here are five reasons why: Continue

3) 8 DeFi wallets to try in 2020

If you are a fan of decentralized finance you certainly use various DeFi wallets. There are a lot of them in the world and almost all of them are characterized by a very simple and modern design so as not to complicate the life of newcomers.. Continue

4) What is DeFi?

The term refers to those financial services that are provided through decentralized platforms, i.e. not controlled or managed by any single entity, but by a public and open IT protocol. When the decentralized Bitcoin protocol was put forward in 2008, it was created to make bitcoin an inviolable currency not controlled by anyone, but managed only by a public and open IT protocol, so as to avoid manipulation… Continue

5) 1inch.exchange – The Best DEX Aggregator

But besides that, 1Inch Exchange is best known for being a great aggregator of decentralized exchanges (DEX), i.e. a website that manages to pool the liquidity of all major DEXs to simplify the use of DeFi to the general public… Continue

6) 15 DeFi projects that could launch their token in 2021

During 2021 in fact, many other crypto and DeFi projects might also release their own tokens, maybe airdropping them to their users, so we recommend to start using the tools we are going to list in this article… Continue

7) pTokens: the ERC-20 token version of other, non-Ethereum blockchain currencies

In our past articles we have often talked about how to bring Bitcoin on the Ethereum network to enjoy the advantages of the latter (such as the speed of transfers and the various DEXs). Among the projects we have often mentioned there is one that we want to talk about today: pTokensContinue

8) From Kyber to Uniswap via Bancor, when everything works onchain

These are decentralized exchanges (DEX) that allow users to trade tokens with each other without having to use an intermediary, and without having to hand over their funds to a third-party custodian… Continue

9) DEXTools: Boost your Exchange experience

If you are eager to improve your exchange experience, then you are in the right place. DEXTools offer you all that has been elusive in one click. It empowers you to create your unique strategies, anticipate market dumps, look out for big spreads, follow and copy from the best gainer wallets… Continue

10) SNX Token – Why to stake SNX

Today SNX is a very strong token in the top 100 of CoinMarketCap, currently trading at around $1.44 (June 22nd, 2020). This price places it at number 36 on the CMC list with a total market cap of about $270 million. The supply at the moment is about 187M of SNX. The volumes of the last 24 hours are high, we are talking about figures above 7M USD. Let’s see why it is better to hold SNX and have faith in this project… Continue

chainlink
Chainlink (LINK) $ 21.59
yearn-finance
yearn.finance (YFI) $ 31,658.00
ethlend
Aave [OLD] (LEND) $ 1.89
uniswap
Uniswap (UNI) $ 8.51
havven
Synthetix Network Token (SNX) $ 14.15
uma
UMA (UMA) $ 12.33
compound-governance-token
Compound (COMP) $ 202.16
maker
Maker (MKR) $ 1,316.29
wrapped-nxm
Wrapped NXM (WNXM) $ 44.15
0x
0x (ZRX) $ 0.513274
loopring
Loopring (LRC) $ 0.409825
republic-protocol
REN (REN) $ 0.668666
kyber-network
Kyber Network (KNC) $ 1.41
numeraire
Numeraire (NMR) $ 27.49
band-protocol
Band Protocol (BAND) $ 8.85
terra-luna
Terra (LUNA) $ 0.854679
yfii-finance
DFI.money (YFII) $ 1,807.39
sushi
Sushi (SUSHI) $ 6.63
balancer
Balancer (BAL) $ 20.11
thorchain
THORChain (RUNE) $ 2.14
reserve-rights-token
Reserve Rights Token (RSR) $ 0.039322
ampleforth
Ampleforth (AMPL) $ 0.946479
nest
Nest Protocol (NEST) $ 0.029688
serum
Serum (SRM) $ 1.68
keep-network
Keep Network (KEEP) $ 0.288103
augur
Augur (REP) $ 19.21
curve-dao-token
Curve DAO Token (CRV) $ 1.93
kava
Kava.io (KAVA) $ 2.06
bancor
Bancor Network Token (BNT) $ 1.68
just
JUST (JST) $ 0.026779
gnosis
Gnosis (GNO) $ 106.84
force-protocol
ForTube (FOR) $ 0.016453
cream-2
Cream (CREAM) $ 158.49
melon
Melon (MLN) $ 44.28
tellor
Tellor (TRB) $ 26.82
akropolis
Akropolis (AKRO) $ 0.015044
aurora-dao
IDEX (IDEX) $ 0.035082
nectar-token
Nectar (NEC) $ 0.109492
bzx-protocol
bZx Protocol (BZRX) $ 0.271538
airswap
AirSwap (AST) $ 0.114087
switcheo
Switcheo (SWTH) $ 0.023037
orion-protocol
Orion Protocol (ORN) $ 2.74
dforce-token
dForce Token (DF) $ 0.142951
meta
Meta (MTA) $ 2.34
pnetwork
pNetwork (PNT) $ 0.431010