CryptoDiffer, which publishes important news and statistics on altcoin projects, has listed the top 15 Yield Farming altcoin projects according to market capitalization. CryptoDiffer, which offers various analyzes related to cryptocurrencies, announced the first 15 Yield Farming altcoin projects (UNI, AAVE, CAKE, CRV, SNX, YFI, COMP, SUSHI, RLY, SPELL, RAY, RGT, JOE, SOUL and ALPHA) Critocoin.com, we take it under the spotlight.
15 Yield Frming altcoin project
Yield farming is still developing and has the highest growth potential in the DeFi industry. Yield farming is the process of staking or lending cryptocurrencies to generate high returns or rewards in the cryptocurrency ecosystem. Decentralized finance (DeFi) is an innovative but risky and price volatile field. Its popularity has increased recently, thanks to innovations such as liquidity mining. UNI is at the top of CryptoDiffer’s list with a market capitalization value of $4.570 billion. It is followed by AAVE with $1.9 billion and has lost 49% in the last year. The third yield farming project is CAKE with $1.8 billion. It is followed by the CRV with a valuation of $1 billion and an annual increase of 58%. SNX is in fifth place with $911 million, and YFI is in sixth place with $816 million.
The seventh ranked project is COMP. It is followed by SUSHI with $779 million. The ninth-ranked project is RLY with $476 million, while the tenth-ranked project is SPELL with 424 million. RAY ranks eleventh with $289 million. The twelfth yield farming project is RGT with 220 million. The last three projects, JOE, SOUL and ALPHA, are worth $176, 172 and 163 million dollars respectively.
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