Today we are taking a look at the top Moonbeam 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.
This is the most recently-developed project of Cougar Ecosystem that provides a comprehensive Rewards Incentive Program circulated on Multi Blockchain Network established at the highest stability and security level.
CougarSwap website: https://app.cougarswap.io/
Supported blockchains: Binance Smart Chain, Polygon, Avalanche, Harmony, Cronos, Moonbeam, Fantom
Clipper is a decentralized exchange (DEX) built for self-made traders, rather than hedge funds and whales. Clipper is designed to have the lowest per-transaction costs for small-to-medium-sized trades <$10K on the most popular cryptoassets.
Clipper website: https://clipper.exchange/
Supported blockchains: Ethereum, Moonbeam, Optimism
#3 Beefy Finance
Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem.
Beefy Finance website: https://beefy.finance/
Supported blockchains: Binance Smart Chain, Polygon, Avalanche, Harmony, Cronos, Moonriver, Moonbeam, Fantom, Celo
Zenlink is an underlying cross-chain DEX protocol based on Polkadot and is committed to becoming the DEX composable hub of Polkadot.
Zenlink website: https://dex.zenlink.pro/
Supported blockchains: Moonriver, Moonbeam
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. StellaSwap is focused on creating a comprehensive DeFi product suite for end-users as well as a robust ecosystem for projects to build on Moonbeam network, leveraging on the premise of interoperability and scalability.
StellaSwap website: https://stellaswap.com/
Supported blockchains: Moonbeam
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