Top 5 OEC DeFi Platforms in April 2022!

Today we are taking a look at the top OEC 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 DeFiner

DeFiner’s next-generation product, DeFiner2.0, successfully solves this lending problem by creating a 100% permissionless lending protocol. In DeFiner 2.0 anyone can create their own lending pool by using any token or digital assets they choose.

DeFiner website:

Supported blockchains: Ethereum, Polygon, OEC

#4 WePiggy

WePiggy is an open source, non-custodial crypto asset lending market protocol. In Wepiggy’s market, users can deposit their crypto assets to earn interest, or borrow others by paying interests.

WePiggy website:

Supported blockchains: OEC

#3 Autofarm

Autofarm is a leading DeFi yield aggregator on BSC, HECO, Polygon, Avalanche, Fantom, Moonriver, OKEx, Celo & Cronos (9 chains) that has 3 products as part of the Autofarm ecosystem, namely Vaults (yield optimizer), AutoSwap (DEX Aggregator), and farmfolio. The yield optimizer implements the most optimal strategies at the lowest cost to maximize users’ yields and AutoSwap implements optimizations to route users swap trades so that users can find the best price and swap rates. Lastly, farmfolio is an intelligent portfolio manager and tracker which helps users manage their assets across various DeFi farming projects.

Autofarm website:

Supported blockchains: Binance Smart Chain, Polygon, Avalanche, OEC, Cronos, Moonriver

#2 KSwap

KSwap Finance is a decentralized trading platform deployed on OKExChain. KSwap Finance is based on the proven Money Pool Automatic Market Making Algorithm (AMM) and implements various mining mechanisms such as digital currency exchange, as well as liquidity mining and transaction mining.

KSwap website:

Supported blockchains: OEC

#1 CherrySwap

CherrySwap is the automatic market-making protocol based on OKExChain(OEC). It adopts the mechanism of Automatic Market Maker (AMM) and aims to achieve self-driven liquidity creation with diversified functions such as liquidity mining, IFO, NFT, lottery, and DAO, so as to provide participants with the maximum value bonus.

CherrySwap website:

Supported blockchains: OEC

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S1mple Finance

S1mple Finance

Decentralized Ecosystem, Cross-Chain AMM