• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Friday, September 12, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Top 5 Most Popular dApps on the Avalanche Network

Kyle Portman by Kyle Portman
December 16, 2021
in Featured
Reading Time: 5 mins read
0
avalanche network dapps
54
SHARES
Share on TwitterShare on Facebook

Avalanche is one of the most popular blockchains for Dapps and DeFi platforms. With a market cap of over $21.7 billion, it ranks as the 12th largest cryptocurrency on the market. This article looks at the top five most popular Dapps on the Avalanche network, ordered by 30-day user count, lowest to highest.

5. Lydia Finance (LYD) – 9.2k

Lydia Finance is an Automated Market Maker (AMM), Yield Farming, Staking, and Launchpad platform on the Avalanche network. Lydia allows users to trade, stake, pool, and earn LYD as a reward.

Avalance is known for its Yielf Farming platforms, and Lydia Farming is one of the more popular options available. It allows users to earn up to 289% APR in various farms. At the time of writing, users could make up to 129% APR on LYD-USDT, quite a significant return.

Users can connect to Lydia Finance via their MetaMask wallet and instantly claim an automatic LYD Bounty allowing them to earn with the platform.

At the time of writing, Lydia Finance is trading at $0.03148, with a market cap of $3 million. You can purchase LYD from Pangolin, BitMark, or Lydia Finance. The easiest way to acquire LYD would be by converting AVAX to LYD on the platform itself.

4. Aave (AAVE) – 12.12k

Aave is an open-source liquidity platform that allows users to earn interest on deposits and borrowing of their assets. Aave also has a native token called AAVE. This token incentivizes users to use the platform by offering discounts on fees, providing vote power for governance, and a host of other advantages.

When it comes to Yield Farming, it’s not surprising to see several liquidity pools working together. Looking at the assets available on Aave, the highest-earning crypto is Fei USD – with a deposit APY of 13.89%.

Aave is one of the top contenders when it comes to Yield Farming. With over $25 billion in assets locked, it’s a great option if you’re looking to earn an interest rate on your existing cryptocurrency without relinquishing control of your funds.

3. Snowbank (SB) – 19.48k

Snowbank describes itself as the decentralized reserve cryptocurrency. According to its official website:

“Snowbank is building a community-owned decentralized financial infrastructure to bring more stability and transparency for the world.”

It features a fully functional Dapp allowing users to connect with their MetaMask wallets and start using the platform.

At its core, Snowbank is a DAO treasury, giving its token SB an intrinsic value it cannot fall below. The point of Snowbank DAO is to build a policy-controlled currency, similar to the famous Olympus DAO.

At the time of writing, SB is trading at $362.13, with a 24-hour trading volume of $3.4 million. You can purchase SB on TraderJoe and Hotbit.

2. Pangolin Exchange (PNG) – 59.01k

As the name suggests, Pangolin Exchange is a decentralized exchange on the Avalanche network. According to its official website, Pangolin is:

“A community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution–powered by Avalanche. Pangolin brings you the best trading opportunities to find and maximize your yield.”

Think of Pangolin as the PancakeSwap or Avalance network. The UI of the two exchanges is highly similar, with some extra features like margin swap.

At the time of writing, Pangolin has over $11 billion in volume and over $349 million in liquidity. In addition, Pangolin features the PNG governance token allowing holders to shape the future of the exchange.

1. Trader Joe (JOE) – 373.31k

The most popular decentralized exchange on the Avalanche network is Trader Joe XYZ. With over 373k monthly users, it’s by far the most popular Dapp on Avalanche.

Along with a full-fledged exchange, Trader Joe provides Lending, Farming, and Staking options for users. In addition, with DEX and DeFi services, Trader Joe can provide leverage trading to its users.

Trader Joe provides some of the highest APR on the market for its token JOE when it comes to staking. With the current staking APR for JOE at 34%.

Trader Joe can provide such a high APR due to its daily buybacks and the XJOE compounding mechanism in place on the network.

At the time of writing, the 24-hour trading volume for TraderJoe is $318 million, with some of its highest trading pairs being Magic Internet Money, USD Coin, Wrapped AVAX, and WETH.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.


Also Read:

Top 5 Metaverse Coins Built on the Binance Smart Chain

Follow us on Twitter @thevrsoldier to stay up to date with the latest cryptocurrency news, and subscribe to our daily newsletter to never miss another story!

Data Source: Dapp Radar

Tags: avalanchedApps
Previous Post

Top 5 Trending Cryptocurrencies on CoinMarketCap (December 13th)

Next Post

NEAR Protocol Price Up 36% In the Past Week, Exploring Metaverse and Web3 Is Paying Off

Related Posts

Featured

Ethereum ETFs See $1B Outflows in Six Days

September 9, 2025
Featured

Binance Pay Expands to South Africa With Zapper Integration

September 9, 2025
Featured

Bitcoin ETF Inflows Surge

September 9, 2025
Featured

Dogecoin Price Rises Ahead of First Spot ETF

September 9, 2025
Featured

WLFI Attracts Bullish Calls Amid Volatility

September 7, 2025
Bitcoin Price Prediction For The Holiday—Breakout or Breakdown Coming
Featured

Investors Drop Lawsuit Against Strategy Over Bitcoin Risks

August 29, 2025

Press Releases

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?
News

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

by Alex Mercer
September 10, 2025

Ripple’s XRP is flirting with the $3 mark again, thanks to a tidal wave of speculation around a potential ETF...

Read more
Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

Bitcoin 12.8% Dip Looks More Like Flexing Than Failing

September 2, 2025
Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

Whales Stack Nearly $1B in XRP – Is $4 Now on the Horizon?

September 1, 2025
Why Ethereum ATH Could Crush Bears Before Q3 Ends

Why Ethereum ATH Could Crush Bears Before Q3 Ends

August 12, 2025
Ethereum’s 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

Ethereum 28-Day Countdown: Will Ethereum Smash Through $3,030 Next?

July 20, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier