Top 3 Solana DeFi Platforms!
Today we are taking a look at the top Solana blockchain 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.
Orca is the easiest way to exchange cryptocurrency on the Solana blockchain. Here, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price.
Orca website: https://www.orca.so/
#2 Mean Finance (MeanFi)
MeanFi is a user-friendly, self-custody, permissionless & trustless bank bringing crypto and DeFi to everyday banking workflows. It is powered by the Mean Protocol, which provides the foundations for developers to bring TradFi workflows into their a DeFi apps.
MeanFi website: https://www.meanfi.com/
Raydium is an automated market maker (AMM) built on the Solana blockchain that shares liquidity with the Serum decentralized exchange.
Raydium website: https://raydium.io/
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