Top 3 BSC DeFi Platforms In The Past 30 Days!

Today we are taking a look at the top Binance Smart Chain performers in the DeFi industry for the past month!

What is DeFi?

Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services.

#3 1Inch Network

To find the best possible exchange rate for your crypto tokens, 1inch Network has adopted an innovative protocol that automatically splits trades placed by users. Subsequently, the tokens are swapped in parts at the best possible rates on different DEXs.

1Inch Network website: https://1inch.io/

#2 AutoShark Finance

AutoShark Finance is the 1st Hybrid AMM and Yield Optimizer, offering unparalleled access to farming opportunities through the use of superior yield strategies, auto-compounding vaults, and NFT-powered farming. The goal of AutoShark is to build the number 1 most sustainable AMM + DEX and Yield Optimizer on the Binance Smart Chain.

AutoShark Finance website: https://autoshark.finance/

#1 PancakeSwap

The platform is designed to allow users to securely trade Binance Coin (BNB) and a massive variety of BEP-20 tokens without relying on centralized services or losing control over their private keys. As a decentralized exchange, all trades on PancakeSwap are automatically executed via smart contracts - completely eliminating counterparty risks.

PancakeSwap website: https://pancakeswap.finance/

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S1mple Finance

S1mple Finance

Decentralized Ecosystem, Cross-Chain AMM