Ben GCrypto, one of the well-known crypto analysts, took the biggest DeFi altcoin projects in the market under the spotlight. Let’s list which altcoin projects are currently leading the DeFi market.
Here are the 10 biggest DeFi altcoin projects of February
The CEO of Generation Crypto Media Channel named Ben GCrypto took to Twitter to share his pick of the top 10 DeFi altcoins by market cap. Dealing with the biggest DeFi projects of the market, the analyst shared a chart showing the last 24-hour trading volumes of the coins. Here’s an overview of the list before we get into the details:
- Uniswap (UNI)
- Chainlink (LINK)
- Lido (LDO)
- The Graph (GRT)
- AAVE (AAVE)
- Terra Luna Classic (LUNC)
- Rocket Protocol (RPL)
- Curve DAO (CRV)
- Synthetics (SNX)
- PancakeSwap (CAKE)
Uniswap (UNI) tops the list
The DeFi altcoin is currently trading at $6.88 after falling over 5% in price over the past day. UNI still increased by more than 5% compared to last week.
With a market cap of around $5.2 billion, UNI is currently ranked as the 17th largest crypto overall by market cap.
The second highest market cap DeFi altcoin was Chainlink (LINK). The altcoin is one of many cryptos in the red for today after a 6% drop in price in the last day and is currently trading at $7.45. With a market cap of approximately $0.8 billion, LINK is currently the 21st largest cryptocurrency.
Lido DAO (LDO) takes the third place in the list. Crypto was down more than 10% in price at one point yesterday. It is currently recovering slightly and trading around $2.85. However, LDO is still up more than 5% from last week. With a market cap of $2.2 billion, LDO is the 30th largest cryptocurrency by market cap.
Other cryptocurrencies on the top 10 list include The Graph (GRT), Aave (AAVE), Terra Luna Classic (LUNC), Rocket Protocol (RPL), Curve DAO (CRV), Synthetics (SNX), and PancakeSwap (CAKE). taking.
DeFi altcoin market regains FTX losses
cryptocoin.com As you follow, crypto prices have been rising since January. Total value (TVL) locked in DeFi exceeds $50 billion for the first time since the collapse of FTX. As of February, TVL in DeFi is $51.1 billion and liquid staking protocol Lido accounts for 17.18% of the total. The aforementioned price hikes put the DeFi locked total value (TVL) above $50 billion for the first time since November 8, 2022.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.