Hodl Ninjas
  • News
  • Markets
  • Guides
  • NFTs
  • Defi
  • Exchanges
  • Subscribe
Search
bitcoin
Bitcoin (BTC) $ 22,791.11
ethereum
Ethereum (ETH) $ 1,626.19
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 323.41
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.400333
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.391818
dogecoin
Dogecoin (DOGE) $ 0.09196
okb
OKB (OKB) $ 44.36
matic-network
Polygon (MATIC) $ 1.19
solana
Solana (SOL) $ 23.19
shiba-inu
Shiba Inu (SHIB) $ 0.000015
staked-ether
Lido Staked Ether (STETH) $ 1,621.14
polkadot
Polkadot (DOT) $ 6.66
litecoin
Litecoin (LTC) $ 95.98
avalanche-2
Avalanche (AVAX) $ 19.87
tron
TRON (TRX) $ 0.063289
dai
Dai (DAI) $ 1.00
uniswap
Uniswap (UNI) $ 6.80
cosmos
Cosmos Hub (ATOM) $ 14.26
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 22,747.09
chainlink
Chainlink (LINK) $ 6.95
the-open-network
Toncoin (TON) $ 2.28
leo-token
LEO Token (LEO) $ 3.58
ethereum-classic
Ethereum Classic (ETC) $ 22.57
monero
Monero (XMR) $ 165.52
bitcoin-cash
Bitcoin Cash (BCH) $ 132.42
aptos
Aptos (APT) $ 14.76
stellar
Stellar (XLM) $ 0.090299
apecoin
ApeCoin (APE) $ 5.66
crypto-com-chain
Cronos (CRO) $ 0.080413
near
NEAR Protocol (NEAR) $ 2.38
filecoin
Filecoin (FIL) $ 5.25
quant-network
Quant (QNT) $ 136.15
algorand
Algorand (ALGO) $ 0.257811
hedera-hashgraph
Hedera (HBAR) $ 0.069514
vechain
VeChain (VET) $ 0.023837
lido-dao
Lido DAO (LDO) $ 2.04
internet-computer
Internet Computer (ICP) $ 5.54
fantom
Fantom (FTM) $ 0.557903
decentraland
Decentraland (MANA) $ 0.724178
the-sandbox
The Sandbox (SAND) $ 0.721024
axie-infinity
Axie Infinity (AXS) $ 10.91
aave
Aave (AAVE) $ 85.26
eos
EOS (EOS) $ 1.08
the-graph
The Graph (GRT) $ 0.128353
flow
Flow (FLOW) $ 1.10
terra-luna
Terra Luna Classic (LUNC) $ 0.000187
elrond-erd-2
MultiversX (EGLD) $ 44.45
Hodl Ninjas
  • News
  • Markets
  • Guides
  • NFTs
  • Defi
  • Exchanges
  • Subscribe
Search
Hodl Ninjas
Home Defi

Four DeFi Projects That Look Set To Capture Headlines In 2022

Defi is undeniably the future of finance and saw 800% growth in 2021. Here are the projects that have our eye this year.

Kevin O'Brien by Kevin O'Brien
March 27, 2022
in Defi
0
Four DeFi Projects That Look Set To Capture Headlines In 2022
Share on FacebookShare on Twitter

2021 was a banner year for the DeFi industry as the world continued to catch on to its transformative attributes. DEX trading volume jumped by 8,000% in Q1 2021 alone compared to the same period in 2020.

Statistics by the end of the year were arguably even more impressive as the industry’s Total Value Locked (TVL) rested at about $243.88 billion by the latter end of December.

2021’s DeFI TVL only totaled about $18.29 billion.

Now in January 2022, some are projecting an even bigger year for decentralized finance as they reflect on 2021’s immense growth. Maple Finance co-founder Sidney Powell noted at the start of January how “DeFi will hit the mainstream in 2022, knowledge will compound, institutional sentiment will continue shifting in favour of crypto…”

DeFi optimism means many within the industry are working hard to revolutionize finance and propel web3 technologies forward.

Curious about what projects might make the biggest headlines in 2022 as the DeFi industry continues to mature? Keep reading for an overview of four platforms to keep your eyes on.

ClubRare

NFTs enjoyed spectacular growth last year. Statistics revealed the global NFT market reached $22 billion in 2021. While NFTs have long only been within the digital world, platforms like ClubRare are starting to grab attention by bringing them to the real world.

ClubRare is the world’s first NFT platform connecting physical items to the metaverse. Users can trade, buy, and sell limited and luxury goods like watches, art, and jewelry with real-world value being expressed as NFTs. According to ClubRare, each mini metaverses will be customized to match the identity of the owner.

ClubRare stands apart as a physical goods NFT marketplace is an entirely new concept than a virtual-only platform. But as the prices of many luxury assets only continue to rise, ClubRare could make headlines in 2022 for its unique angle.

Polkadot Defi

Polkadot

Polkadot is a blockchain protocol working to support parachains created by various developers to provide interoperability and scalability.

Developed by former Ethereum executives Gavin Wood and Jutta Sreiner, Polkadot’s ability to support multiple chains results in forkless upgrades to the platform and unique parachain specialization abilities.

Polkadot is already immensely popular among many developers due to shared security and a vibrant ecosystem. More than 400 projects were building on Polkadot by March 2021.

Polkadot’s wide range of developer tools leads many to believe building will only get easier and more robust as time goes on – giving the project strong growth prospects for 2022 and beyond.

aave defi

Aave

Aave is a decentralized lending system allowing users to borrow and earn interest without a middleman. Software allows for the creation of lending pools where borrowers must post collateral and can only borrow up to its value. Aave, originally named ETHLend, raised $16.2 million with its 2017 ICO.

Aave has already been climbing quickly in the first few weeks of 2022 due to excitement on social media and interest in upcoming updates to Aave’s blockchain. In mid-January, The Coin Bureau YouTube channel even speculated the “fair valuation” of the coin could be $1,000 in mid-January 2022. Aave was at around $170 as of January 21st.

Aave’s many pros, like large lending pools, stable interest rates, and the offering of flash loans has led many to speculate the project could continue to grow by leaps and bounds in 2022.

centrifuge defi

Centrifuge

The Centrifuge team is working to bring assets like royalties, real estate, and invoices to the world of DeFi, where borrowers can finance assets without a third-party. Notably, Centrifuge won the 9th parachian auction on Kusama and intends to utilize the infrastructure to finance assets on Centrifuge Chain.

Centrifuge’s goals to make it easier for investors to bring assets into the blockchain is intriguing, as it could potentially serve as a well-used on-ramp for legacy businesses and traditional investors interested in engaging with the world of DeFi and blockchain technology.

Overall, 2022 only looks to be another year of massive growth for DeFi as more people understand the many inefficiencies of the traditional financial system. As decentralized applications continue to grow in scope, DeFi-focused platforms should only continue to become much more accessible to people across the globe.

ShareTweetPin
Previous Post

Cypher by Collider Craftworks: An NFT Built for Battle

Next Post

What is GameFi? The Rocket Fuel of Gaming, Explained

Kevin O'Brien

Kevin O'Brien

Kevin O'Brien is an experienced crypto journalist with a focus on blockchain and decentralized finance. His past work has been featured on Bitcoinist, CCN, and CryptoGlobe. His primary areas of focus with HODL Ninjas are DeFi and NFTs.

Related Articles

The Midas Touch
Defi

The Midas Touch

January 10, 2023
EverGrow-Deflationary-Structure-and-Stablecoin-Solution
Defi

EverGrow Coin: The Secret to The Reemergence of the Stablecoin

June 30, 2022
Celsius Halts All Withdrawals
Defi

Celsius Halts All Withdrawals: Start of The Next Great Recession

June 21, 2022
Defi Kingdoms Project Review
Defi

Finance and Gaming: DeFi Kingdom’s Novel Approach

April 19, 2022
Next Post
What is Gamefi

What is GameFi? The Rocket Fuel of Gaming, Explained

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Trending Articles

  • Nike Aggressively Moving Into NFT Space

    Nike Is Secretly Buying NFT Domains: Nike Metaverse?

    0 shares
    Share 0 Tweet 0
  • SBF Promises Customers Will All Get Paid Back

    0 shares
    Share 0 Tweet 0
  • Sports Betting Companies Betting Big On the Metaverse

    0 shares
    Share 0 Tweet 0
  • Silvergate: Fall of a Premiere Crypto Bank

    0 shares
    Share 0 Tweet 0
  • Enter GTX: Three Arrows Capital Rises from the Ashes

    0 shares
    Share 0 Tweet 0
bitcoinBitcoin
$ 22,791.11
$ 22,791.11
2.48%
ethereumEthereum
$ 1,626.19
$ 1,626.19
2.38%
tetherTether
$ 1.00
$ 1.00
0.09%
solanaSolana
$ 23.19
$ 23.19
4.84%
cardanoCardano
$ 0.391818
$ 0.391818
1.87%
polkadotPolkadot
$ 6.66
$ 6.66
2.85%

Become a Hodl Ninja.

Stay on top of market trends, find exciting new projects, hold on for dear life.

johnsmith@example.com
© 2021 Hodl Ninjas – A BettorView Brand.
No Result
View All Result
  • News
  • Markets
  • Guides
  • NFTs
  • Defi
  • Exchanges
  • Subscribe

© 2021 Hodl Ninjas - A BettorView Brand.

Subscribe to Hodl Ninjas

Get the latest news in crypto and be the first to hear about exciting new projects.

Enter your email address

No thanks, I’m not interested.

Search
$ USD
  • $ USD
  • € EUR
  • ₹ INR
0
Previous 25
Next 25
#CoinPriceMarketcapVolume (24h)SupplyChange (24H)Price Graph (7D)
Previous 25
Next 25