Decentralizuotas finansavimas (defi) activity has slowed during the bear market. However, there is still a lot going on with protocols on leading ecosystems such as BNB Chain.
BNB Chain, formerly known as Binance Smart Chain, is the second-largest defi ecosystem after Ethereum.
BNB Chain has a total value locked of $7.7 billion, according to „DeFiLlama“. This is down 70% from its all-time high, however, which is in line with the wider bear market.
BNB Chain has several popular DeFi projects, here are the top three.
Blynų keitimas (DEX)
The largest decentralized exchange on the BNB Chain network is Blynų mainai. It has a total value locked of $4.36 billion giving it a commanding market share of 56.6%. Additionally, it has a 24-hour trading volume of $302,665 according to DeFiLlama.
Blynų mainai boasts 1.9 million users and 55 million trades over the past 30 days. The DEX offers instant token swaps and a number of liquidity farms. It also has a lottery and plenty of giveaways.
The DEX is powered by the native PYRAGAS token that is farmed and staked. Furthermore, CAKE is used in Pottery, combining locked staking with lottery elements. This enables chances to win bigger yields on CAKE deposits.
Source: https://beincrypto.com/top-three-defi-projects-bnb-chain-to-keep-eye-on/