Defi is making a return. Part of this return is the transition to DEFI 3.0. This offers a better user experience. For example, with card payment options. The addition of Fiat options is a great improvement for DEFI. DEFI parts also have all, by definition, usefulness.
Currently, the memecoin casino is under control. As a result, the Buzz Altcoin team and I, let’s see a return to utility tokens. This rotation of the memecoin casino with utility tokens is imminent. Mark my words. This is why today I look at some of the best dexes.
Aave ($ aave)
Aave ($ aave) is a loan and loan protocol. It is also one of the OG dexes. Its current Aave V3 is a first-rate platform. For example, Trump’s DEFI platform, World Liberty Financial, plans to use Aave V3. WLFI invested $ 6.71 million in Aave $ tokens. Other platforms can use Aave V3 because it is open source.
DEFI Renaissance.
– Aave (@Aave) February 20, 2025
Aave is also one of the largest DEFI protocols. It ranks second for TVL of all platforms. Its TVL represents no less than $ 20 billion. Only Lido, the liquid ignition platform, has more TVL.
He was launched in 2019 on Ethereum. However, currently, it is available on 14 channels. This includes arbitrum, optimism, base, avalanche, etc. He has his own $ GHO Stablecoin. As a user, you can hit it and you have to get around it too much. He stings 1: 1 at $ USD.
Currently, the easiest to participate in Aave is to lend assets. The highest current APY is 6.67% for the GHO $ loan on arbitrum. However, Aave also offers three implementation options.
- $ Aave with a 4.55% apy
- $ GHO with 6.92% APY
- $ APP on aave v2 with a 19.58% apr. This token represents a part in a balancer pool. These are pools designed to maximize the yields of the liquidity supplier (LP).
The current Aave price is $ 261 with a market capitalization of $ 3.9 billion. Of the 16 million supply in maximum tokens, 15 million circulate.
Uniswap ($ uni)
UNISWAP ($ uni) is another of the best dexes. He also started on Ethereum. It was in 2018. However, it is currently available on 31 EVM compatible channels. It is also a Top 10 platform, measured by TVL, which amounts to $ 4.88 billion. Uniswap is an AMM or an automated market. AMMS uses liquidity pools instead of command books, as on a CEX.
Interoperability occurs
Then Crosschain UX
pic.twitter.com/qn2s0yyz0s
– Labs Uniswaps
(@Uniswap) So, on Uniswap, you can exchange ERC-20 tokens. He also has his own UNISWAP portfolio. This is available on Chrome, iOS and Android. Thus, in addition to exchanging, you can also win rewards by adding assets to its liquidity pools.
The safest and easiest way is to provide tokens to a stable pool. However, the APR is low for these swimming pools, below 1%. The big advantage is now that you will not have to face the IL (impermanent loss). The impermanent loss is when you add liquidity to a pool of equal amounts in 2 assets, and the price of one of the assets changes. Learn more about it in our article of the dedicated article.
Currently, the best APR is in the Pool $ Move / $ ETH, with 67.63%. Uniswap offers other swimming pools with a good APR, between 10% and 20%. For example,
- $ Aave / $ eTh 12.04%
- $ ETH / $ soil 10.59%
- $ Ldo / $ eTH 20.33%
And a few others. However, with all these swimming pools, you are lucky enough.
The current $ price is $ 9.32 with a market capitalization of $ 5.58 billion. Of the 1 billion plain tokens, 600 million circulate.
If you are looking to buy one of the pieces today, look no further. Bydfi is one of the easiest places to find these pieces. You can exchange punctual markets without kyc. Try bydfi today and get bonuses to open an account.
Hyperliquid ($ hype)
Hyperliquid ($ Hype) put the world distributed on his head with his recent air table at the end of November 2024. These varied from $ 300 to $ 30,000. He has really established a new standard for Airdrops. Since its TGE, the token has only increased and now goes laterally in the $ 20 to $ 25 range. Very few air receivers have sold their allowance. It’s impressive.
One million dollars in the cold of the United States for 1 airy hyperliquidal@chameleon_jeff,, @KingjuaniamAnd the rest of the hyperliquid team has changed my life forever:
Eternal bliss – always grateful pic.twitter.com/gdubcbuput
– CC2 (@ cc2ventures) November 29, 2024
Hyperliquid has its own chain. One drawback is that you can only fill $ from the hyperliquid arbitrum. It has existed since 2020 and is currently classified as a 14th channel measured by TVL. Its TVL is $ 653 million. The hyperliquid is a Dex, but it uses a command book.
The new hyperliquid bridge contract supports the USDC native arbitrum and was audited by @Zellic_io.
The new bridge allows a CEX type integration flow. Users will be able to exchange hyperliquids without even creating a portfolio, while being without authorization and decentralized. pic.twitter.com/kezvzba6dn
– hyperliquid (@HyperLIQUIDX) December 19, 2023
It is a layer of layer 1 applications, and it’s very fast. It can manage 20,000 tasks per second. This includes the best of what a Dex or a CEX needs. For example, orders, cancellations or liquidations. It offers perps and chests, and is built from zero. Its current flagship product is a DEX Perps. These Perps dexes always seem to be popular.
Hyperliquid now supports generator codes, which allow anyone to monetize applications on L1 without authorization.
Regional fronts, fiat onramps, mobile wallets, social trading – all are a line of code far from increasing proportional to their volume. This advantage can be … pic.twitter.com/k3k4wxgvap
– hyperliquid (@HyperLIQUIDX) October 1, 2024
The hyperliquid is also 100% self -funded. This can be one of the reasons why its price for a draft token is so high. There was and there is no real sales pressure. You can use its chests, which offer 22.59% in the protocol jump. However, in user chests, you can win up to 800% AD. These have a higher risk, however. You can also put a $ a media between 2.07% and 2.27% APY.
The price of the current media threshing is $ 25 with a market capitalization of $ 8.3 billion. Of the 1 billion tokens, 334 million circulate.
Raydium ($ Ray)
Raydium ($ Ray) is one of the most popular dexes on Solana. It ranks 28th among all the dexes with a TV of $ 1.5 billion. Like Uniswap, it’s an AMM and works with liquidity pools. However, he also uses a command book by integrating OpenBook. It is a protocol of decentralized order book.
His name is quick and offers a swimming pool creation without permission. It has existed since 2021 and was the first AMM on Solana.
As you may know, Solana costs are cheap. So, this is an advantage that Solana Defi has on Ethereum Defi. In addition to adding liquidity, you can also exchange perps. Be aware, as well as hyperliquid, Perps trade is risky. You can use the lever effect and increase your earnings. However, your losses are also high. Before using the lever effect, understand where you are committed to.
You can win large rates after using its pools. Some $ soil and Stablecoin pools offer up to 92% apr. Since everyone can create pools without permission, you can find pools with the same pairs. Be careful, if the APR seems too high, like 1000% or more, it is probably also a very high risk. Check the liquidity and volume of these pools. It is also possible to reach $ Ray with an APR of 5.5%.
The current Ray price is $ 3.06 with a market capitalization of $ 900 million. Of the 555 million $ rays tokens, 290 million traffic. 8a It is a price drop of 29%, due to a surprise event during the weekend. It seems that Pump.fun plans to launch his own AMM. It would have put the Raydium touch.
LAST: $ Ray (@RAYDIUMPROTOCOL) drop from 22.9% to $ 3.30 while several reports emerged @Pumpdotfun For the intention of launching its own automated market (AMM).
Follow Raydium
– Coingecko (@coingcko) February 24, 2025
Have you ever used one of these Dex? If so, what is your favorite, or did I miss this one? Let me know in the comments and join our discussion on Discord and X.
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We are not responsible for the losses that you can undergo due to any investment directly or indirectly linked to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so make reasonable diligence.
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