Top 5 Ethereum DeFi Platforms in May 2022!

S1mple Finance
2 min readMay 2, 2022

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Today we are taking a look at the top Tezos 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.

#5 CowSwap

CowSwap is the crypto exchange that gives you peace of mind. On CowSwap, you don’t have to worry about finding the best price, optimizing your gas costs, or getting exploited by bots.

CowSwap website: https://cowswap.exchange/

Supported blockchains: Ethereum

#4 Sushi

Taking Uniswap’s elegant core design, they’ve added community-oriented features that they believe help improve the design of the protocol, as well as provide further benefits to the actors involved.

Shushi website: https://app.sushi.com/

Supported blockchains: Ethereum, Binance Smart Chain, Polygon, Avalanche, Harmony, OEC, Fuse, TelosEVM, Moonriver, Celo

#3 1inch Network

A distributed network for decentralized protocols on #Ethereum and #BSC enabling the most lucrative, fastest and protected operations in #DeFi.

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

Supported blockchains: Ethereum, Binance Smart Chain, Polygon, Optimism

#2 Polygon POS Bridge

The safe, fast and most secure way to bring cross-chain assets to Polygon chain.

Polygon POS Bridge website: https://wallet.polygon.technology/

Supported blockchains: Ethereum

#1 MetaMask Swap

A crypto swap from the wallet & gateway to blockchain apps. Trusted by over 5 million users worldwide.

MetaMask website: https://metamask.io/

Supported blockchains: Ethereum

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