Prior to investing in the DeFi platform development industry, it becomes essential to be aware of the nitty-gritty of DeFi platforms that have taken the world by storm. So, here is the list of the most popular ones:

PancakeSwap
PancakeSwap is the most popular DeFi platform that was founded in the year 2020. With 13.5 million visits on a daily basis, PancakeSwap is the most visited DeFi platform. It ensures super-fast exchange between tokens and has very low transaction fees.

Uniswap
Uniswap (UNI) is popular for its high developer activity among all dApps in the Ethereum ecosystem with comparatively higher transaction fees. It turns out to be the largest platform when it comes to transaction volume.

Osmosis
Osmosis (OSMO) is the third most visited DeFi that provides staking services for many tokens in the Cosmos ecosystem. The platform is also popular for having numerous liquidity pools.

Katana
Founded in 2021, Katana is the modern automated market maker for Axie Infinity’s side chain Ronin. It has a TVL of more than $310 million and a 24-hour trading volume of $46 million.

SushiSwap
Founded in 2020, SushiSwap is popular for supporting a wide array of blockchains such as Ethereum, BNB Chain, Avalanche, Polygon, Harmony, etc. It also provides the most competitive rates for DeFi bluechips globally.

Before investing in Defi staking platform development services, make sure you are clear with your business objectives and target audience.

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