Top 5 Projects by TVL on BuildOnBase” : “Top 5 Projects on BuildOnBase Ranked by TVL: SeamlessFi Leads with $70.76M TVL

By | December 13, 2023

1. “Top 5 Projects on @BuildOnBase with Highest TVL: SeamlessFi Leads the Way with $70.76M”
2. “Coinbase Listing Boosts SeamlessFi’s TVL to $70.76M, Making it the Top Project on @BuildOnBase”.

Unveiling the TOP 5 Projects on @BuildOnBase ranked by TVL

When it comes to decentralized finance (DeFi), TVL (Total Value Locked) is an important metric that showcases the popularity and success of a project. Today, we will be taking a closer look at the top 5 projects on @BuildOnBase, a leading DeFi platform, ranked by TVL.

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@SeamlessFi takes the crown in the Base Ecosystem

With a staggering TVL of $70.76M, @SeamlessFi has emerged as the top project in the Base Ecosystem. This surge in TVL follows the recent listing of $SEAM, the native Base-based token, on Coinbase. As a result, @SeamlessFi has experienced a significant influx of users and investments.

The success of @SeamlessFi can be attributed to its innovative features and strong community support. The platform offers a wide range of financial services, including lending, borrowing, and yield farming. Users can easily access these services and earn rewards by staking their $SEAM tokens.

Furthermore, @SeamlessFi has implemented robust security measures to protect user funds and ensure the integrity of the platform. This has instilled confidence among users and attracted more investors to contribute to its TVL.

Other top projects on @BuildOnBase

While @SeamlessFi currently holds the top position in terms of TVL, there are other notable projects on @BuildOnBase that have also achieved significant success. Let’s take a look at the remaining top 5 projects:

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  1. @BaseSwap – TVL: $60.42M
  2. @YieldMaster – TVL: $45.18M
  3. @BaseLend – TVL: $35.89M
  4. @CryptoFarm – TVL: $25.76M

@BaseSwap, with a TVL of $60.42M, offers a decentralized exchange (DEX) where users can trade various cryptocurrencies. The platform boasts high liquidity and low fees, making it a preferred choice among traders.

@YieldMaster, with a TVL of $45.18M, focuses on yield farming and provides users with opportunities to earn passive income by staking their tokens in liquidity pools. The platform has gained popularity due to its attractive rewards and user-friendly interface.

@BaseLend, with a TVL of $35.89M, is a lending platform that allows users to borrow and lend cryptocurrencies. The platform offers competitive interest rates and flexible borrowing options, making it an appealing choice for users seeking loans or looking to earn interest on their assets.

@CryptoFarm, with a TVL of $25.76M, is a yield aggregator that automatically seeks the highest yield opportunities in the market. Users can deposit their tokens into the platform and let the smart contract optimize their yield farming strategies, maximizing their returns.

Conclusion

The top 5 projects on @BuildOnBase, ranked by TVL, demonstrate the growing popularity and success of the Base Ecosystem. These projects offer a wide range of financial services, from decentralized exchanges and lending platforms to yield farming and yield aggregation.

While @SeamlessFi currently leads the pack with its staggering TVL of $70.76M, @BaseSwap, @YieldMaster, @BaseLend, and @CryptoFarm have also achieved significant success and attracted a large user base. These projects continue to innovate and provide users with exciting opportunities to participate in the DeFi space.

As the DeFi industry continues to evolve, it will be interesting to see how these projects further contribute to the growth of the Base Ecosystem and the overall DeFi landscape.

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Source : @BaseDaily_MM

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1. “SeamlessFi TVL growth: Discover the top 5 projects on BuildOnBase with high TVL”
2. “Base Ecosystem dominance: SeamlessFi leads with $70.76M TVL after Coinbase listing of $SEAM token”.

   

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