- Decentralized Finance (DeFi) is one of the trending topics in the crypto space today.
- Top DeFi tokens by 24-hours trading volume includes LINK, IDEX, AVAX, FTM, SRM.
Decentralized Finance (DeFi) is one of the trending topics in the crypto space today. Now let us look into some top DeFi tokens by 24-hours trading volume.
1. Chainlink (LINK)
The Chainlink network is a large open-source ecosystem of data providers, smart contract developers, node operators, researchers, security auditors and many more. The company aims to ensure that decentralized participation is guaranteed for all node operators.
According to CoinMarketCap, the LINK price trades at $32.73 with a 24-hour trading volume of $2,736,639,939, at the press time.
2. IDEX (IDEX)
IDEX (IDEX) is a cryptocurrency that works on the Ethereum platform. This platform holds the second place in the decentralized finance token list. As per the CoinMarketCap data, the IDEX price is trading at $0.6304, at the time of writing.
3. Avalanche (AVAX)
Avalanche is an umbrella platform for launching decentralized finance (DeFi) applications, financial assets, trading and other services. According to data from CoinMarketCap, the AVAX price is trading at $43.38, at the press time.
4. Fantom (FTM)
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. According to CoinMarketCap, the FTM price is trading at $1.78 with a 24-hour trading volume of $1,995,919,356, at the time of writing.
5. Serum (SRM)
Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). As per CoinMarketCap data, the price of Serum is trading at $9.63 at the time of writing.
Disclaimer: The opinion expressed in this article solely author’s. It is not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.