Crypto lending: the top DeFi platforms in 2021

How to make your crypto work for you?

Holding your crypto idle in a wallet is just like hiding your money under a mattress. When you deposit your money in a bank, it generates interest. You can do the same with your crypto.

What you need is a wallet and some collateral on a decentralized lending platform. Sounds easy, doesn’t it?

However, with the expansion of the DeFi ecosystem, selecting the right service can be a hard nut to crack as there are many options to choose from.

You can get started with the top 3 crypto lending services in 2021, here are our picks:

🏆 Aave — the pioneer of crypto lending

➢ Mostly decentralized

➢ Multichain — Ethereum, Polygon, Avalanche

➢ aTokens + AAVE

➢ Democratized Flash Loans

🏆 Compound — advanced tokenization

➢ Mostly centralized

➢ Single-chain — Ethereum

➢ cTokens + COMP

➢ Lower annual yields than Aave

🏆 Liquity — ground-breaking

➢ Fully decentralized

➢ An immutable smart contract

➢ Interest- and governance-free

➢ Minimum collateral 110%

Looking at all these facts, and putting them together to make the right choice is definitely not easy.

More help to pick the right platform 👇