- All stakeholders and the community benefit from $REFLEX, a deflationary coin.
- Implied volatility derivatives are the focus of Volmex Finance.
Let us look at the top 3 DAPPs by revenue growth in the last 30 Days as per CryptoRank Platform.
Top 10 DAPPs by the Past 30 Day Revenue Growth📈@eulerfinance +520%@volmexfinance +225%@reflexerfinance +117%@KaruraNetwork +92%@renprotocol +63%@loopringorg +62%@opensea +61%@solendprotocol +53%@BalancerLabs +48%@LidoFinance +45%
— CryptoRank Platform (@CryptoRank_io) April 15, 2022
Euler Finance (+520%)
To earn interest on their crypto assets or hedge against turbulent markets, Euler is a capital-efficient permissionless lending system that does not need a trusted third party. In addition, Euler introduces several new features that have never previously been seen in DeFi. These include MEV-resistant liquidations, multi-collateral stability pools, and permissionless lending markets.
Volmex Finance (+225%)
Implied volatility derivatives are the focus of Volmex Finance. As a private corporation that shares the idea of an open, non-custodial decentralized financial environment, Volmex Labs is not a DAO. Several smart contracts and computations related to volatility indices are available via their website and mobile app. The implied volatility indices for Bitcoin and Ethereum are calculated using a mechanism similar to conventional finance to produce the VIX index. Direct and inverse volatility tokens, which may vary from 0 to 250 depending on the index computation, are used to get exposure to the market’s volatility.
Reflexer Finance (+117%)
All stakeholders and the community benefit from $REFLEX, a deflationary coin. $REFLEX holders will get an initial allocation of 8% of the total volume in $BUSD. To maintain the value of the Reflex token and its reflections rising, Reflex Finance is building a robust and infinitely expanding community. The holders’ passive income is protected from price swings by paying out in a stable currency, $BUSD. Reflex Finance’s goal is to generate several sources of revenue while also bringing new chances to the local community. $REFLEX token holders will be able to spend their time as they see fit, thanks to the token’s passive revenue sources.