The Hype of DeFi in Cosmos
With the dramatic increase in the DeFi industry, more and more individuals and DeFi enthusiasts are investing in this thriving industry. With more than 36 billion USD locked in the DeFi ecosystem, there is a clear indication that DeFi has a long way to go in the Cosmos Hub.
Understanding DeFi in Cosmos
The entire DEX space throughout Cosmos is thriving at a rapid rate while opening ways to more accessibility to advanced and promising tokens, more liquidity for better trading, and price stability. Other notable highlights include permissionless token listings, chances of acquiring higher ROI while being an active part of liquidity pools, etc.
Popular Protocols to Invest in
Gravity DEX: Gravity DEX improves the overall trading experience along with robust swaps, minimized trading fees, and enhanced trading mechanisms.
Osmosis: DeFi Platform like Osmosis is focused on majorly two notable highlights of DeFi: modularity and privacy.
Sifchain: It is a cross-chain IBC-powered DEX developed with the Cosmos SDK.
Coinswap: It is a cross-chain AMM module specifically for dApps across the Cosmos ecosystem developed over IRISnet.
DeFi in COSMOS has a long way to go in the DeFi space while opening doors to better future opportunities for DeFi enthusiasts.
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