Top DeFi Tokens:
Aave — AAVE Token
Aave is open finance and leading protocol in DeFi and its native tokens was named AAVE, is to secure the protocol and it’s backed by its own DeFi Token LEND. It will receive the value from borrowing and flash loan fees.
Total Supply: 16,000,000 AAVE
yEarn — YFI Token
It is automated liquidity and offering a large number of opportunities in yield farming, this protocol is owned by a native token called YFI, Which performs profit for lending providers, YFI token is the supervision token of the Yearn Finance platform. These tokens are earned as a reward for the liquidity provided to Yearn Finance pools
Total Supply: 30,000 YFI
Uniswap — UNI Token
Uniswap is Ethereum’s most popular decentralized exchange in DeFi, it allows users to swap various ERC20 tokens. Uniswap was introduced its own governance token UNI and this exchange uses this UNI token for its governance model and it offers 400 UNI token its worth nearly $1,500 for certain users who had used their uniswap services
Total Supply: 1,000,000,000 UNI
Compound — COMP Token
COMP is earned by users for lending or borrowing assets and it is an ERC20 token, by putting ETH or other ERC20 tokens like USDC in the protocol users can get an equivalent amount of COMP tokens they also can borrow crypto tokens. COMP token using on Ethereum wallet such as MetaMask, Coinbase wallet.
Total Supply: 10,000,000 COMP
UMA — UMA Token
UMA is a protocol that has been built on Ethereum and allows users to create custom collateralized synthetic crypto tokens that can track the price. They named their native token as UMA Token, most of the projects are being built on the open-source infrastructure for priceless financial contracts on Ethereum
Total Supply: 100,224,817 UMA
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