Top Decentralized Finance DeFi Trends 2022
Tags: defi, blockchain, finance, trends
Published: 2022-04-21 05:36:50

With the launch of Defi applications, traditional financial systems such as Crypto Exchanges and Banks have been transformed, recreated. Many are believing that Defi is the future of finance and Defi has every potential to justify that statement. Defi is opening more financial market opportunities and a lot are investing in this disruptive technology.

With more and more people are getting used to Defi applications, a lot of Defi products are getting launched. Defi has paved way for multiple revenue opportunities for entrepreneurs and investors to multiply their incomes. If you are looking to enter the Defi space by launching a Defi application, then here are the most popular types of Defi applications to get started with.

## Decentralized Exchanges

Crypto Exchanges help users to buy sell their cryptocurrencies in exchange for other Cryptocurrencies or for fiat currencies. Centralized Crypto Exchanges are controlled by an intermediary for all trades that occur inside the platform, whereas in Decentralized Exchanges, users can directly trade cryptocurrencies with one other without the involvement of an intermediary.

This makes DEX more powerful and huge user base. Investing in Decentralized Cryptocurrency Exchange can bring you more ROI in 2022. Many white label solutions resembling the popular DeFi Exchanges such as [PancakeSwap clone development](https://maticz.com/pancakeswap-clone-script) are readily availble which reduces development time.

![Decentralized Exchanges](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/cxikqs9q7h71fkh7tqm5.jpg)

## Defi Lending and Borrowing Platforms

In Traditional lending platforms, Lenders’ and buyers’ funds are controlled by an intermediary system. Every process that occurs on the platform occurs only based on the terms and conditions of the intermediary.

Whereas in Defi lending platform smart contracts replace intermediaries such as banks etc. Here the users need not disclose their identity or credit score to get a loan such as in traditional banks, Instead Defi lending platforms are collateral-based on cryptos.

![Defi lending platform](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/dcmw3iyfvey1u2v9ki0u.jpg)

## Defi Staking Platforms

Defi Staking Platforms allows users to hold the number of cryptos in their Crypto wallets inside the platform. In return, they get rewards for the amount of Cryptos they hold. The purest of Crypto staking involves holding a set of crypto assets based on a proof of stake algorithm. Staking in Defi Platforms is hugely used by people to get rewards and maximize their earnings.

Defi staking holds a great feature for entrepreneurs as it grabs a lot of cryptocurrency users. Defi Staking Platform Development or Integrating Defi Staking in existing blockchain-based platforms can be a great start in the Defi space.


![Defi Staking](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/rwshmgkt8rnr32f05kzv.png)

## Defi Yield Farming Platform

While lending and borrowing platforms seem to be the strong use case of Defi, the launch of yield farming concepts shows Defi has more potential than just lending and borrowing. Users hold their crypto assets on the lending protocol or liquidity pool to increase liquidity in the platform. As users earn more rewards through yield farming platforms, there is a large user base for these platforms so DeFi Yield Farming can be a great investment option to get started with.


![Defi yield Farming](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/3yttfls415xakw382y31.jpg)

### Final Thoughts

Defi is growing so fast and opportunities too with high yields. Looking ahead, Defi Technology will continue to reinvent traditional financial products with new decentralized financial applications and services. There are lot of [Crypto business ideas](https://maticz.com/cryptocurrency-business-ideas) and picking the best one can yield more returns in future.