Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Tuesday, May 20
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » These 3 DeFi Tokens Battle For Supremacy In Q3 2024
Industry Viewpoint

These 3 DeFi Tokens Battle For Supremacy In Q3 2024

As we enter Q3 of 2024, each of these tokens offers distinctive features that cater to various aspects of the DeFi ecosystem while presenting investors with the opportunity to grow wealth.
Neelesh RoyBy Neelesh RoySeptember 6, 2024Updated:September 6, 2024No Comments4 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
These 3 DeFi Tokens Battle For Supremacy In Q3 2024
These 3 DeFi Tokens Battle For Supremacy In Q3 2024
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

ETFSwap (ETFS), DAI, and Chainlink are at the forefront of the battle for supremacy as the decentralized finance (DeFi) sector continues to evolve. As we enter Q3 of 2024, each of these tokens offers distinctive features that cater to various aspects of the DeFi ecosystem while presenting investors with the opportunity to grow wealth.

ETFSwap (ETFS): Redefining DeFi For User Interest

ETFSwap (ETFS) has reshaped the DeFi space by providing tokenized exchange-traded funds (ETFs). The platform offers 24/7 access to these ETFs, including real estate ETFs, equity ETFs, fixed-income ETFs, commodity ETFs, and others, allowing investors to diversify their portfolios across multiple asset classes.

Without a doubt, most investors are moving towards the ETFSwap (ETFS) DeFi platform due to its advantageous leverage features that allow them to multiply their gains. All ETFs on the ETFSwap (ETFS) platform carry a 10x leverage feature. Investors can also expand their positions on the available ETFs using the 50x leverage feature, which enables them to earn returns of up to 5,000%.

Another outstanding feature that gives ETFSwap (ETFS) an edge in the DeFi space is its integration of sophisticated AI-powered tools like the ETF Filter, ETF Screener, and ETF Tracker. Leveraging this technology, investors on the ETFSwap platform can navigate DeFi in profits as it enables them to select the profitable ETF investment based on their respective regions, previous trends, and present market conditions.

In decentralized finance (DeFi), security is of utmost importance as most users fall into the hands of malicious individuals. In order to protect its users, ETFSwap (ETFS) has completed the KYC verification process with SolidProof, a renowned smart contract and blockchain audit firm. To protect the interests of its users, ETFSwap collaborates with MiCa-compliant institutions to ensure secure trading of these tokenized ETFs while maintaining decentralization.

DAI: Stability In The DeFi Ecosystem

DAI is a DeFi token developed by MakerDAO and has remained a top contender in the DeFi ecosystem. With DAI’s value pegged to the U.S. dollar, its investors are quite confident of its stability while engaging in various DeFi activities without the risk associated with the volatile nature of the cryptocurrency market.

According to Santiment’s analysis on X (formerly known as Twitter), 732 new DAI wallets were created, representing the fourth-highest figure since March 2024. Based on the timing of these new wallets and especially after recovery, most crypto analysts believe DAI is bringing fresh capital into the market.

🤑 The Tether network quietly hit a 5-month high in new wallet creation, exceeding 31.3K wallets in a single day. Multi Collateral Dai has also seen rising network growth.

💸 Since these new wallets are being created after a market recovery, and without any notable declined in… pic.twitter.com/hoAr13zoPL

— Santiment (@santimentfeed) August 27, 2024

According to data from CoinGecko, DAI has a market cap of $5.3 billion and a daily trading supply of $102.8 million. As of writing time, DAI is trading within the range of $0.9969 to $1.00 with a decline of only 0.2% in the past year, further reflecting the stable nature of the DAI token.

ChainLink (LINK): The Oracle Solution

As the adoption of digital assets and Web3 protocols continues to grow, Chainlink (LINK) has morphed into a major player in the world of decentralized finance (DeFi). The Chainlink network is known for providing developers with reliable crypto price oracles used for securing smart contracts daily.

In order to ensure secure and inter-blockchain communication, the Chainlink (LINK) team has developed the Cross-chain Interoperability Protocol (CCIP). Recently, Chainlink Network partnered with Suho.io, a blockchain fintech company, so as to develop tokenized assets and Central Bank Digital Currency (CBDC) use cases.

Based on CoinGecko’s data, Chailink (LINK) has a market cap of $6.5 billion and a daily trading volume of $283 million. As of writing time, Chainlink (LINK) is trading for $10.61 each, comparatively lower than its ATH of $52.70 in May 2021.

Conclusion
As reflected in the ongoing ETFSwap (ETFS) presale, ETFSwap (ETFS) is strategically positioned to win the battle for supremacy among the other DeFi tokens (DAI/LINK), as investors are rapidly buying ETFS tokens for a discounted price of $0.01831 each. With over 139 million tokens sold a few weeks into the presale, ETFSwap (ETFS) has raised over $3.60 million, with investors expecting short-term gains of over 200% due to a potential token price increase in the next stage of the presale.

For more information about the ETFS Presale
Visit ETFSwap Presale
Join The ETFSwap Community

Read Also: LstBTC Bridges Bitcoin Staking and Liquidity Gap

Altcoins Top Altcoins to Buy
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Neelesh Roy
  • Website

Neelesh Roy is a seasoned financial journalist with a focused expertise in the cryptocurrency market. With a solid foundation in mass communication, his career began in the bustling world of stock markets, where he honed his skills in financial reporting and analysis. Transitioning to cryptocurrency, Neelesh has spent the past two years covering this volatile and exciting sector.

More AlexaBlockchain

Top 5 Sharding Blockchain Networks Transforming Scalability in 2025

April 30, 2025

5 Best Crypto Futures Trading Platforms for Pro Investors

April 2, 2025

How AI in Fintech is Empowering Us to Learn More About Our Customers Than Ever Before

February 20, 2025

Most Anticipated Blockchain Mainnet Launches of 2025

February 16, 2025

Tokenization in Gaming: How Blockchain Creates Value

February 12, 2025

The Rise of Stablecoins: A Safer Crypto Option for Kiwi Casino Players?

January 23, 2025
Add A Comment

Comments are closed.

Don't Miss

India’s Supreme Court Slams Government Inaction on Crypto Regulation

MANTRA Teams Up with WIN Investments to Bring Regulated Football Transfer Markets On-Chain

PDX Global Adds $TRUMP Token to Its Beam Payments Platform

FTX to Distribute Over $5 Billion to Creditors in Second Payout Round Starting May 30, 2025

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.