Top 5 Oasis Protocol DeFi Platforms in April 2022!

Today we are taking a look at the top Oasis Protocol 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 Fountain Protocol

Fountain Protocol is the first cross-chain lending platform powered by Oasis. The protocol enables users to experience high capital efficiency one-stop management of DeFi assets.

Fountain Protocol website:

Supported blockchains: Oasis Network

#4 Wormhole

Wormhole is a generic messaging protocol that delivers a pathway for any kind of information — funds, votes, programs & more — to supported networks.

Wormhole website:

Supported blockchains: Ethereum, BNB Chain, Polygon, Avalanche, Solana, Oasis Network.

#3 Gem Keeper Finance

Gem Keeper is a community focused AMM & DeFi Platform built on Oasis. The vision is to build a one-stop platform to meet any of our user’s DeFi needs.

Gem Keeper website:

Supported blockchains: Oasis Network

#2 RIM Swap

RIM Swap is one of the first automated market-making (AMM), decentralized exchange (DEX) built on the Oasis Emerald Network. Supporting an array of services and features, it will allow you to swap crypto assets, earn passive income from staking and yield farming, NFT, and even launch your own crypto projects on the Oasis Emerald Network.

RIM Swap website:

Supported blockchains: Oasis Network

#1 YuzuSwap

YuzuSwap is a decentralized exchange on the Oasis Emerald paratime that includes incentives like liquidity & and trade mining. YuzuSwap follows a non-custodial, peer-to-peer, automated-market-maker model, and aims to provide a safe, swift, low-cost tool to discover and swap tokens within the Oasis ecosystem.

YuzuSwap website:

Supported blockchains: Oasis Network

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S1mple Finance

S1mple Finance

Decentralized Ecosystem, Cross-Chain AMM