Defi

<h4><strong>DeFi protocols were the high performers of the last bull market. They accounted for the bulk of the liquidity in the crypto market and also attracted new users to crypto with their reward-earning schemes.</strong></h4><p>Protocols such as Synthetix and Compound Finance were two of the biggest DeFi leaders. And although DeFi protocols have suffered greatly from the bear market, we expect things to turn around once the bull run sets in.</p><p>The crackdown on centralized exchanges is another reason to believe in DeFi. Both crypto users and investors have turned their attention to DeFi protocols as a better alternative to centralized exchanges, showing how beneficial DeFi is to the future of finance.</p><p>As mentioned earlier, Synthetix and Compound saw heavy adoption in the last bull market. Synthetix’s SNX token currently trades at $2.12. But its all-time high of $28.53 came during the last bull run.<br />More about this article <a href="https://www.altcoinbuzz.io/spotlight/two-major-defi-tokens-to-access-on-bydfi/" rel="noopener noreferrer nofollow">here </a></p>

Two Major DeFi Tokens to Access on BYDFI

Altcoin Buzz

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