Sirlibz
The leading cryptocurrency market watch in the entire crypto world, Coinmarketcap has added a new feature/page to view DeFi tokens and their market watch. Binance CEO Changpeng Zhao announced this on 30th of June in a tweet.
DEFI
Defi simply stands for Decentralized Finance; they are open-source technologies with the sole aim of improving different aspects of the financial system through the elimination of intermediaries or what we commonly refer to as “middle-man”.
DeFi Rankings
According to Coinmarketcaps ranking protocol we find Compound (COMP) leading with a market cap of $552.33M as at the time of writing, followed by Maker and Ox.
Binance exchange has also announced the launch of Compound (COMP) on their leverage platform with traders able to trade it with as high as 50x leverage. This comes after Coinbase announced support for the Defi token COMP and also allowed users to earn it through the Coinbase Earn initiative, an initiative where you learn about a particular cryptocurrency and still earn while doing that.
Coin telegraph reported that COMP is also listed on OKEX exchange.
