13 Best DeFi 2.0 Projects to Invest in 2024

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Kane Pepi

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Kane Pepi

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Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides,...

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October 1, 2024 05:41 EDT

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DeFi 2.0 builds on the original decentralized finance ethos – with faster transactions, higher scalability, and cross-chain capabilities. Not to mention lower fees and access to a much broader range of investment markets.

This guide explores the 13 best DeFi 2.0 tokens to buy right now. Read on to discover the leading DeFi 2.0 projects for long-term upside.

What is DeFi 2.0?

Decentralized finance, or DeFi, is increasing its capabilities at a rapid pace. This industry allows the average citizen to access core financial services without going through middlemen. This includes banking, remittances, loans, insurance, and investment products.

But what is DeFi 2.0? Put simply, DeFi 2.0 extends the original DeFi landscape through real-world solutions. More specifically, it solves many of the issues found in the DeFi 1.0 arena. For example, many DeFi 1.0 ecosystems suffer from high fees and scalability restrictions. This is largely because most DeFi 1.0 projects are built on the Ethereum framework.

As stated by ETHTPS, those on the ERC20 standard are currently limited to 29 transactions per second. This overloads the network and results in high DeFi fees. The solution here comes from layer 2 solutions like Polygon and Arbitrum. These protocols support thousands of transactions per second, with fees costing a small fraction of a cent.

DeFi 1.0 also faced issues with liquidity, especially when facilitating peer-to-peer trades. This made many DeFi 1.0 exchanges inefficient, resulting in wide spreads and high slippage costs. The DeFi 2.0 frontier solves this through multi-chain bridges that can source liquidity from hundreds of different locations.

Another area that DeFi 1.0 was lacking is cross-chain capabilities. Innovative projects like Cosmos solve this through the Inter-Blockchain Communication protocol. This allows DeFi 2.0 ecosystems to connect with multiple blockchains, enabling consumers to trade cryptocurrencies with different network standards.

The inability of DeFi 1.0 platforms to connect with the real world was another pressing issue. Innovators like Chainlink solve this through decentralized Oracles. These provide DeFi smart contracts with reliable data from the real world. There is no risk of third-party manipulation, considering that Oracles derive from millions of sources.

Overall, DeFi 2.0 is an exciting concept that will take decentralized finance to the next level. People from all walks of life will be able to bank, transact, borrow, and trade in an efficient, fair, and democratic way. DeFi 2.0 also serves as a viable long-term investment. The industry is still in its infancy, so some of the best DeFi 2.0 projects are heavily undervalued.

A Closer Look at the Top DeFi 2.0 Projects

We will now analyze the best DeFi 2.0 coins with the greatest upside potential.

We cover the most important metrics for investors to make informed decisions. This includes the concept being developed and why it has the potential to revolutionize the future of finance.

1. Flockerz – Top Vote-to-Earn Meme Coin Offers Huge Staking Rewards

The first token on our list is Flockerz ($FLOCK), a new meme coin that has recently launched on presale. This revolutionary meme coin introduces a vote-to-earn mechanism on its DAO, allowing token holders to contribute to the ecosystem and win stellar rewards.

On the community DAO, known as Flocktopia, $FLOCK token holders can start voting on important project proposals and future decisions. Every time you vote, you are rewarded with $FLOCK tokens. 25% of the total token supply will be distributed as rewards through the DAO Vault.

Another 25% of the token supply will be distributed through staking rewards. At press time, $FLOCK can be staked to earn an annual yield of up to 3,842%. To benefit from the staking and vote-to-earn rewards, interested investors can buy $FLOCK for 0.0057012 per token on presale.

To learn more about this meme coin, read the Flockerz whitepaper and join the Telegram channel.

Visit Flockerz

2. Pepe Unchained – Overall Best DeFi 2.0 Meme Coin

Pepe Unchained ($PEPU) is the next DeFi 2.0 token to watch in 2024. It stands out from other meme coins as it leverages the power of Ethereum’s robust layer-two (L2) blockchain. The L2 blockchain offloads transactions from the main chain, reducing gas fees while increasing transaction speed.

Furthermore, Pepe Unchained offers double the staking rewards compared to other crypto tokens.

From a total supply of 8 billion tokens, Pepe Unchained will allocate 2.4 billion as staking rewards. At the time of writing, $PEPU can be staked to earn an APY (Annual percentage yield) of 122%. Another 1.6 billion tokens are being allocated through the ongoing presale campaign.

Currently, $PEPU is priced at only $0.00994 per token. Within a few months, the Pepe Unchained presale has raised over $18.2 million. The network’s features and high staking rewards make Pepe Unchained a top crypto token to watch in 2024.

Learn more about this project by reading the Pepe Unchained whitepaper and joining the Telegram channel.

Visit Pepe Unchained

3. Crypto All-Stars – Stake Multiple Meme Tokens, Get Up to 720% Staking APY

The next top DeFi 2.0 token to watch in 2024 is Crypto All-Stars ($STARS), a platform that will support the staking of the world’s largest meme coins. Through an upcoming feature called the ‘MemeVault,’ Crypto All-Stars will allow users to stake popular meme coins such as Dogecoin, Shiba Inu, Floki Inu, Pepe, and many more.

Thus, Crypto All-Stars could get the attention of millions of existing meme coin holders. The staking rewards from the MemeVault will be paid out in $STARS. Furthermore, users who already hold $STARS tokens in their portfolio get up to a 3x increase on the standard APY.

From a total supply of 42.069 billion tokens, 25% will be distributed as rewards through the MemeVault. Another 25% can be earned by directly staking $STARS tokens on the staking mechanism. At press time, Crypto All-Stars offers an APY of 720% for staking $STARS tokens.

Through the ongoing $STARS token presale, Crypto All-Stars will allocate another 20% of the supply. Currently, $STARS is priced at $0.0014828 per token on the ongoing presale round. Within just a few days, the presale has raised over $2.06 million.

For more information, you can read the Crypto All-Stars whitepaper and join the Telegram channel.

Visit Crypto All-Stars

4. ShibaShootout – Wild West-Themed Meme Token Offers Decentralized Governance Opportunities

ShibaShootout ($SHIBASHOOT) is a Shiba-themed multi-utility token that is set in the digital landscape of the Wild West. With $SHIBASHOOT, token holders get access to a voting DAO, online lotteries, and staking rewards.

One key mode on ShibaShootout is the ‘token governance roundups.’ On this platform, token holders are offered voting rights to decide on platform proposals and implement protocol upgrades.

$SHIBASHOOT token holders can also purchase tickets and take part in lotteries. ShibaShootout donates a percentage of the lottery earnings to charitable organizations. The multi-utility token can also be staked to generate a passive income of up to 793%.

From its total 2.2 billion token supply, 440 million tokens will be offered to staked token holders. The ongoing presale will allocate another 770 million tokens. Within a few months, the ShibaShootout presale has raised more than $1.19 million.

To learn more about the project, you can go through the ShibaShootout whitepaper and join the Telegram channel.

Visit Shiba Shootout

5. Coindexer – New Crypto Bridges the Gap Between Decentralized and Centralized Exchanges

While DeFi projects offer users more autonomy and robust security, they also provide limited advanced trading tools and functionality. Coindexer ($COINDEX) emerges as a new DeFi 2.0 project that offers a mix of centralized and decentralized trading features.

Coindexer conducts regular smart contract audits, rigorous code reviews, and stores funds in multi-signature wallets. Furthermore, it conducts regular penetration testing to identify and mitigate any vulnerabilities on the platform.

Coindexer has developed a user-friendly interface that streamlines the trading experience. Users can access popular trading tools such as stop-loss and margin trading, previously exclusive to centralized trading exchanges.

The $COINDEX token can also generate passive income, as it can be staked to earn an annual yield as high as 3,087%. The total supply of $ COINDEX is 5 billion, of which 50% is allocated for the presale. Currently, $COINDEX is priced at $0.00156 on presale.

Read the Coindexer whitepaper and join the Telegram channel to learn more about this cryptocurrency.

Visit Coindexer

6. The Graph – Decentralized Data Queries Through a Blockchain Indexing Protocol

The Graph is an innovative DeFi 2.0 project that specializes in blockchain indexing. Its decentralized protocol sorts, filters, and manages blockchain data. This helps blockchain ecosystems operate more efficiently and enables developers to query data without needing to manually sort through millions of transactions.

For example, through the Graph, developers can query DeFi transactions from hundreds of leading platforms. This provides real-time insights into investor trends. The data could then be used to make informed investment decisions. Another use case is aimed at DeFi exchanges like Aave, Compound, and Uniswap.

These projects use Graph to source real-time data from liquidity pools, such as how much is being staked and what APYs are available. Crucially, the Graph has many use cases within the DeFi 2.0 landscape. The Graph is also a self-sufficient project, as it charges fees when making blockchain queries.

Fees are payable in GRT, the native token of the Graph. According to CoinMarketCap, GRT has a market capitalization of $1 billion. This is just a fraction of its prior peak of over $5.3 billion. GRT tokens currently trade at $0.11. During the bear market, GRT hit highs of over $2.34. Therefore, GRT can be purchased for a significant discount.

7. Polygon – Layer 2 Solution for DeFi 2.0 Projects Seeking Scalable and Fast Transactions

Polygon is one of the best DeFi 2.0 projects for scalability. It enables ERC20 ecosystems, such as Uniswap, SushiSwap, Yearn.finance, and Aave, to offer DeFi services efficiently. Without bridging to the Polygon network (or another layer 2 solution), ERC20 projects face high fees and an inability to increase transaction throughput.

As noted earlier, this is because the Ethereum blockchain can still only process 29 transactions per second, even though it has completed its proof-of-stake upgrade. In contrast, Polygon can handle up to 65,000 transactions per second, which makes Polygon over 2,000 times more efficient than Ethereum.

Over 200 ERC20 ecosystems have already bridged to Polygon, not only to increase scalability but also to significantly reduce fees. According to Polygon, the average transaction fee is just $0.018. This makes DeFi investing and trading more cost-effective and viable, especially for small amounts. The Polygon network has its own native token, MATIC.

This is a large-cap cryptocurrency currently valued at over $6.97B. But like many of the best DeFi 2.0 cryptos, MATIC is trading at a bear market discount. At its peak, the project was valued at over $19 billion. Currently, MATIC can be purchased at a discounted price of $0.37.

8. Hedera – Layer 2 Solution for DeFi 2.0 Projects Seeking Scalable and Fast Transactions

Hedera is a proprietary blockchain network that uses an asynchronous Byzantine Fault Tolerance (aBFT) hashgraph consensus mechanism. It has developed a high-performance ecosystem that enables projects to facilitate fast and low-cost transactions. According to Hedera, transactions average just 5-6 seconds.

This is at an average cost of $0.001. Hedera is also a sustainable blockchain that requires just 0.000003 kWh per transaction. The Hedera blockchain offers many use cases, including DeFi payments, decentralized trading, and NFT minting. Its network is already being used by multiple DeFi projects, including SaucerSwap, TOKO, Stader Labs, and Pangolin.

It also provides a home for DOVU, Hashport, and HSuite. More than $25 million worth of liquidity is currently locked in the Hedera network, which is small when compared to other ecosystems. That said, the network is active, with over 17,500 smart contracts processed in the prior 24 hours. Hedera has its own governance token, HBAR.

HBAR was launched in late 2019, with CoinMarketCap quoting an initial listing price of 0.09052. Like many DeFi projects, HBAR hit its all-time high in late 2021. While it peaked at $0.47, HBAR is currently priced at $0.050, with a market cap of $6.97B (down from its peak of $6.7 billion).

9. Cosmos – Inter-Blockchain Communication Protocol Supporting Cross-Chain Transactions

Cosmos solves one of DeFi 1.0’s biggest issues—the inability to transact across two or more blockchains. Put otherwise, DeFi 1.0 would only allow projects to offer services within their respective network ecosystems. Cosmos solves this issue through its native Inter-Blockchain Communication protocol.

In simple terms, this interoperability allows blockchain networks to communicate with one another. For example, consider a DeFi 2.0 exchange that allows people to trade tokens anonymously and cost-effectively. Being compatible with Cosmos means that the exchange can offer cross-chain swaps. This means swapping XRP for Litecoin or Solana for Bitcoin.

Without interoperability, the exchange would require users to make the swap via a centralized platform. Additionally, Cosmos is also working on cross-chain liquidity. This will enable DeFi 2.0 projects to source liquidity from a much broader pool of networks, which will, in turn, provide DeFi 2.0 investors with more competitive yields.

Cosmos, which was launched in 2019, has its own native token, ATOM. Currently, ATOM is priced at $4.36, with a market cap of $1.70B. Rewind to late 2021, and ATOM hit all-time highs of over $43. As such, this is one of the best DeFi 2.0 tokens for bear market discounts.

10. Chainlink – Real-World Data for DeFi 2.0 Smart Contracts via Oracles

Chainlink will serve the DeFi 2.0 industry by providing real-world data to smart contracts. This solves yet another major shortcoming of the DeFi 1.0 landscape. So how does it work? Put simply, Chainlink uses Oracles to scan real-world data, using millions of sources to ensure information is credible, accurate, and unbiased.

This data is then fed to DeFi 2.0 ecosystems in real time. The entire process is autonomous, decentralized, and facilitated via smart contracts. Chainlink’s use cases are virtually unlimited. For example, consider a DeFi 2.0 betting site that allows people to wager money on sporting events.

As soon as a sporting event finishes, Chainlink Oracles will provide the results to the platform. In turn, the platform can instantly payout winning bets without needing to manually check results. Another use case is in the insurance market. Consider a consumer who takes out insurance on an upcoming vacation. The premium paid includes flight delays and cancellations.

After the flight is canceled by the airline, the Oracle smart contract is executed in real-time. It provides this information to the insurance company, and the consumer is paid out instantly without any forms or delays. All Oracle transactions require LINK tokens, which are native to the Chainlink blockchain. Currently, LINK is priced at $11.12, with a market cap of $6.97B.

11. RocketPool – Earn Staking ETH Rewards Without Using a Centralized Platform

RocketPool is one of the best DeFi 2.0 projects for earning passive rewards. It supports Ethereum staking, with RocketPool APYs currently at 3.1%. The reason that RocketPool stands out is that it allows casual investors to stake ETH without needing a large upfront payment. After all, Ethereum requires staking validators to deposit at least 32 ETH.

In contrast, RocketPool offers the same service but with a minimum of just 0.01 ETH. Based on the current ETH price, just $19 worth of tokens is needed. With that being said, RocketPool offers much higher yields to those who deposit 8 ETH or more. Currently, the APY stands at 8.3%. Do note that this includes RPL rewards, the native token of RocketPool.

Nonetheless, RocketPool is considered a much safer way to stake ETH when compared to centralized exchanges. Its staking protocol is open-sourced, regularly audited, and comes with permissionless nodes. RocketPool also offers a bug bounty, rewarding developers who find vulnerabilities in its smart contract.

Perhaps the main drawback with RocketPool is that it does not support any other ERC20 tokens. From an investment perspective, RPL tokens continue to outperform the market. For example, while the majority of cryptocurrencies are trading at huge declines, RPL is up 336% over the prior year. Since its inception in late 2018, Rocket Pool has grown by more than 3,800%.

12. OKB – Native DeFi 2.0 Token of the OKX Web 3.0 Ecosystem

DeFi 2.0 and Web 3.0 operate hand-in-hand, and OKX could be the best ecosystem to bridge the two concepts together. OKX, which is backed by the OKB token, has developed one of the most robust and comprehensive Web 3.0 ecosystems. Connected to a decentralized wallet with MPC security, OKX supports a wide range of DeFi 2.0 products.

This includes anonymous token swaps across more than 50 blockchain networks. Users can trade thousands of tokens instantly and at the best market price because OKX has developed a bridge protocol that aggregates prices from over 200 DeFi platforms. What’s more, DeFi 2.0 investors are fully catered for.

For instance, OKX supports staking, yield farming, and crypto deposit accounts. Its bridge protocol will scan over 200 platforms to find the highest APY for the respective token and product. Users can then complete their DeFi investment without leaving the OKX wallet. It is important to note that the OKX wallet is 100% decentralized.

The OKX exchange does not have access to the wallet’s private keys, which allows users to store their DeFi 2.0 investments safely without using a third-party platform. The best way to invest in the OKX Web 3.0 ecosystem is via OKB tokens. According to CoinMarketCap, OKB has increased in value by over 314% in the prior 12 months, making it one of the best cryptos to buy.

13. Ethereum Name Service – Simplifying DeFi 2.0 Transactions and Wallet Addresses

Ethereum Name Service solves an ongoing issue, not only in the DeFi space but the broader blockchain economy. In a nutshell, the project allows Ethereum and ERC20 investors to purchase their own .eth domain. The chosen .eth domain can be used for various purposes, including receiving transactions.

For example, suppose somebody buys the ‘John.eth’ domain. In doing so, the user can receive ETH tokens to this domain, meaning there is no requirement to use long and complex wallet addresses. This simplifies the world of DeFi 2.0, as .eth domains are a lot more user-friendly and suitable for beginners.

What’s more, .eth domains are backed by unique NFTs on the Ethereum network. This enables users to transfer ownership of their domain to another person, potentially for a profit. In total, there are 2.73 million .eth domains for sale, and about 25% have been purchased so far. Another benefit is that .eth domains can be uploaded to IPFS.

The domain owner can then use their domain to create a censorship-free website. Many DeFi 2.0 projects have incorporated support for .eth domains. This includes everything from Rainbow, Trust Wallet, and Enjin to MetaMask, Steakwallet, and Keystone. Ethereum Name Service is backed by ENS tokens. As per CoinMarketCap data, ENS has a market capitalization of just $246 million.

How We Picked the Best DeFi 2.0 Coins

Picking the best DeFi 2.0 coins is a complex task, considering how many options there are in the market.

For this guide, we ranked the best DeFi 2.0 projects by the following criteria:

Contribution to the DeFi 2.0 Economy

Investors should assess how the project contributes to the DeFi 2.0 economy. More specifically, the chosen project should offer a unique concept. This will give the project the best chance possible of becoming mainstream.

For instance, we like that the Graph allows DeFi 2.0 ecosystems to index their blockchain data. This removes unnecessary clutter and manages data into easily filtered blocks. In other words, the Graph allows DeFi 2.0 projects to operate efficiently.

Polygon is another example of how a project can revolutionize the DeFi 2.0 arena. This is a layer 2 solution that supports ERC20 ecosystems. By bridging to Polygon, these ecosystems benefit from much lower fees and higher transaction throughputs.

Put simply, the best DeFi 2.0 coins solve issues that are prevalent in DeFi 1.0.

Token Use Case

The best DeFi 2.0 projects have a native token that serves a specific purpose. This ensures that people have a reason to buy the token, other than just for speculative reasons.

ATOM – the native token of Cosmos, is required to use its blockchain interoperability protocol. Blockchains pay fees in ATOM, giving it a real-world use case.

Upside Potential

The primary objective of a DeFi 2.0 investment is to make money. As such, investors should consider the future potential of their chosen project. A good starting point is to assess the market capitalization.

The market capitalization refers to the value of the DeFi 2.0 project. It is calculated by multiplying the number of tokens in circulation by the current price.

• For example, suppose a DeFi 2.0 token is trading at $1.
• If 100 million tokens are in circulation, the DeFi 2.0 project will have a market capitalization of $100 million.

So why does this matter? Well, for the greatest upside, investors should consider focusing on lower-cap projects. This is because the project has more room to grow, especially with new cryptocurrencies.

That said, DeFi 2.0 projects with a lower market capitalization will also witness increased volatility. This is the trade-off that needs to be considered when choosing the best DeFi 2.0 coins.

Current Price vs All-Time High

The crypto industry has been in a bear market since it peaked in late 2021. This is just the nature of the markets, which go through bull and bear cycles. While nobody wants to see their portfolios decline, the current bear market offers plenty of opportunities.

This is because some of the best DeFi 2.0 cryptos can be purchased at a fraction of their bull market highs.

For example:

• At its peak, GRT hit an all-time high of over $2.34
• Currently, GRT is trading at $0.11
• This means those buying GRT today will secure a discount of over 95%

It’s not just GRT trading at such sizable lows. This is the case with most cryptocurrencies in the market.

Ultimately, buying DeFi 2.0 tokens at bear market prices can pay off once the next bull cycle arrives.

Why Invest in DeFi 2.0 Crypto Tokens?

Those unsure of DeFi 2.0’s potential should read on. We will now explain why DeFi 2.0 projects could witness unprecedented growth in the coming years.

Huge Market Potential

The DeFi market has the potential to become a multi-trillion-dollar sector. After all, decentralized finance covers a wide range of traditional financial services, including everything from banking and insurance to interest accounts and trading.

According to CoinMarketCap, the total DeFi market is worth over $41 billion. This is the case even though many DeFi projects are trading over 70% below their all-time highs. Some have declined by 90% or more.

The key point is that based on current valuations, DeFi 2.0’s upside potential could be sizable. And considering the discounts available, never has there been a better time to gain exposure.

Simple to Diversify

Another benefit of investing in DeFi 2.0 is that it offers plenty of opportunities to diversify. This is because there are many niches within the DeFi 2.0 space.

For example, one segment of the portfolio could focus on DeFi 2.0 projects with increased scalability. The importance of this should not be understated, considering the number of DeFi transactions.

Polygon is a notable option here. The layer 2.0 solution is capable of 65,000 transactions per second and facilitates cost-effective transactions.

Another area of the portfolio could focus on DeFi 2.0 trading. dYdX is worth considering for its decentralized trading suite. This not only supports leveraged crypto derivatives but also anonymous accounts and near-instant payouts. These are features that will not be found in the traditional trading industry,

Crucially, a diversified portfolio allows DeFi 2.0 investors to mitigate their risks. It also reduces the impact should an investment fail to take off.

Inclusivity

One of the core pillars of DeFi 2.0 is that traditional finance should be more inclusive. This means ‘banking the unbanked.’

• For example, according to the World Bank, more than 1.4 billion people still do not have access to a bank account.
• This also means a lack of everyday financial services, such as transferring funds, buying products online, or taking out loans.

DeFi 2.0 already solves many of these issues.

For instance, various platforms support crypto loans. Borrowers are not required to provide personal information, let alone a credit report.

Similarly, many DeFi 2.0 platforms support high-yield savings accounts. OKX, for example, sources interest rates from over 200 platforms. This offers a simple and transparent way to maximize savings.

DeFi 1.0 vs DeFi 2.0

Before investing in DeFi 2.0, it is important to understand why this niche market is needed. Similar to Web 1, 2, and 3.0, the DeFi landscape is constantly evolving and improving.

DeFi 2.0 is the latest version of decentralized finance, and it improves on the shortcomings of DeFi 1.0. For example, DeFi 2.0 allows platforms to offer cross-chain services. This means that transactions can take place between two or more blockchains.

Known as interoperability, this wasn’t possible in DeFi 1.0. For example, DeFi 2.0 interoperability allows people to trade cryptocurrencies on two different networks. This is without using a centralized exchange. For instance, swapping Solana for Cardano or BNB for Bitcoin.

DeFi 1.0 also had major liquidity issues. Platforms could not source liquidity from external providers while remaining decentralized. DeFi 2.0 solves this through bridge aggregators.

Put simply, a DeFi 2.0 platform can bridge multiple blockchains without using third parties. This is how OKX is able to support token swaps and yields across over 50 networks. Additionally, the majority of DeFi 1.0 was built on the Ethereum blockchain.

While Ethereum is a trusted framework with unparalleled security, it is also slow, expensive, and unable to scale past 29 transactions per second. Polygon, Arbitrum, and other layer 2 solutions solve this issue. This allows DeFi 2.0 projects to bridge to their networks for increased efficiency.

Conclusion

DeFi 2.0 is one of the biggest trends in the blockchain space right now. Many projects, including Polygon, the Graph, and OKX, are building real-world solutions to DeFi 1.0 shortcomings.

From an investment perspective, Flockerz stands out for its unique blend of DeFi 2.0 features and community-driven governance. Built with a decentralized framework, Flockerz not only offers high staking rewards but also allows token holders to actively shape its future through its DAO.

Visit Pepe Unchained

References

• pwc.ch/en/insights/digital/defi-defining-the-future-of-finance.html
• https://thegraph.com/
• https://coinmarketcap.com/view/polygon-ecosystem/
• https://hedera.com/
• https://cosmos.network/
• https://ens.domains/
• https://polygon.technology/
• https://www.blockchain-council.org/blockchain/solana-vs-polygon-vs-ethereum/
• https://coinmarketcap.com/currencies/polygon/
• https://hedera.com/use-cases/defi
• https://coinmarketcap.com/currencies/cosmos/
• https://coinmarketcap.com/currencies/chainlink/
• https://www.cnbc.com/quotes/ETH=
• https://coinmarketcap.com/currencies/rocket-pool/
• https://rocketpool.net/
• https://coinmarketcap.com/currencies/okb/
• https://coinmarketcap.com/currencies/ethereum-name-service/

FAQs

What does DeFi 2.0 mean?

DeFi 2.0 is the second generation of decentralized finance, providing the industry with cross-chain functionality, faster and more cost-effective transactions, and increased liquidity.

What are some DeFi 2.0 projects?

Examples of DeFi 2.0 projects include Hedera, Polygon, the Graph, RocketPool, and Chainlink.

What is the most promising DeFi 2.0 project?

Is DeFi 2.0 sustainable?

One of the core improvements made by DeFi 2.0 is that it is now sustainable and environmentally friendly, with projects using more efficient networks and layer 2 solutions.

Which DeFi project is best on Solana?

Some of the top DeFi projects in the Solana ecosystem include Mango, Orca, Drift Protocol, and Raydium.