Top 3 Solana DeFi Platforms in April 2022!

S1mple Finance
2 min readApr 8, 2022

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Today we are taking a look at the top Solana blockchain performers in the DeFi industry for this 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 MeanFi

The Mean Protocol is a set of rules and interoperable smart contracts that help application developers facilitate everyday banking workflows and investment banking operations. One of the key components of Mean Protocol is Money Streams, which provide the payment rails for developers to build real-time finance applications.

MeanFi website: https://app.meanfi.com/

Supported blockchains: Solana

#2 Raydium

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield.

Raydium website: https://raydium.io/

Supported blockchains: Solana

#1 Orca

Orca is the easiest way to exchange cryptocurrency on the Solana blockchain. Users can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum. Additionally, everyone may provide liquidity to a trading pool to earn a share of trading fees.

Orca website: https://www.orca.so/

Supported blockchains: Solana

Golden Pocket Pre-Sale and Airdrop

Everyone who makes a purchase of at least 10.00 USDC in their pre-sale at CopperLaunch will be eligible to share a prize pool of 1,000,000 GLDN tokens.

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