6. Maverick (MAV)
Maverick is an AMM DEX platform built on the concept of Directional LPing, which aims to provide the best rates to liquidity providers. Maverick is being positioned as the top DEX for LST (Liquidity Staking Token). Maverick Protocol (MAV) has raised $9 million from a group of leading crypto-industry funds such as Pantera Foundation, Jump, Altonomy, Circle, Gemini, Spartan, etc.
7. Pendle (PENDLE)
Pendle Finance a tokenized yield protocol that allows investors access to an asset’s future yield. Pendle is designed to support tokens with a depreciating time value, creating a new type of DeFi derivative. Pendle has raised $3.7 million in 2021 from investors such as Hashkey Capital, Bitscale Capital, Crypto.com Capital, Fisher8 Capital, Strategy Round Capital, and others.
8. Premia (PREMIA)
Premia (PREMIA) is a decentralized options market based on a pool-to-peer architecture, similar to the Uniswap or Sushiswap, but for options. Its model provides traders and liquidity providers with a more efficient capital structure and fair experience.
9. Frax Finance (FXS)
Frax Finance is the first hybrid stablecoin protocol backed by both collateral and algorithms. It works as the first on-chain central bank that controls the monetary policy of a fractional-algorithmic stablecoin called FRAX.
Because of its partially collateralized and algorithmic-pegged model, it has created a niche within the stablecoin space, breaking away from most other stablecoins that are either overcollateralized or entirely algorithmic.
10. UniBot (UNIBOT)
Telegram bots are automated programs that allow users to implement on-chain trading or farming strategies through the messaging app by linking wallets to the bots, or creating new Ethereum wallets within them. Unibot is one of the most outstanding Telegram bots.
Unibot enables automated trading on the Uniswap decentralized exchange (DEX) with features such as snipping, which allows for instant token purchases after listing, and revenue sharing, making trading easier. Unibot is now only deployed on the ETH network, but generated around $690,000 in revenue last month.