Top 10 Decentralized Apps to Watch in 2021

Are you ready for the next wave of decentralized apps? The year 2021 promises to be a big one for the world of dapps, with new projects and innovations emerging all the time. In this article, we'll take a look at the top 10 decentralized apps to watch in 2021, from gaming and finance to social media and more.

1. Uniswap

Uniswap is a decentralized exchange that allows users to trade cryptocurrencies without the need for a centralized intermediary. It's one of the most popular dapps on the Ethereum blockchain, and it's only getting bigger. With the recent launch of Uniswap V3, which introduces new features like concentrated liquidity and multiple fee tiers, Uniswap is poised to continue its dominance in the decentralized exchange space.

2. Aave

Aave is a decentralized lending and borrowing platform that allows users to earn interest on their cryptocurrency holdings or borrow assets without the need for a traditional bank. With over $10 billion in total value locked, Aave is one of the largest dapps in the DeFi ecosystem. And with the recent launch of Aave V2, which introduces new features like credit delegation and native credit rating, Aave is only getting more powerful.

3. Axie Infinity

Axie Infinity is a blockchain-based game that allows players to collect, breed, and battle creatures called Axies. It's one of the most popular dapps on the Ethereum blockchain, with over 1 million daily active users. And with the recent launch of Axie Infinity V2, which introduces new features like land gameplay and a governance token, Axie Infinity is poised to become even more popular in 2021.

4. Mirror Protocol

Mirror Protocol is a decentralized platform that allows users to create and trade synthetic assets that track the price of real-world assets like stocks, commodities, and currencies. It's one of the most innovative dapps in the DeFi ecosystem, and it's only getting more powerful. With the recent launch of Mirror V2, which introduces new features like fractional synthetic assets and community governance, Mirror Protocol is poised to revolutionize the way we invest in traditional assets.

5. Compound

Compound is a decentralized lending and borrowing platform that allows users to earn interest on their cryptocurrency holdings or borrow assets without the need for a traditional bank. It's one of the most popular dapps in the DeFi ecosystem, with over $9 billion in total value locked. And with the recent launch of Compound V2, which introduces new features like cTokens and a new interest rate model, Compound is poised to continue its dominance in the DeFi lending space.

6. Chainlink

Chainlink is a decentralized oracle network that provides reliable, tamper-proof data feeds to smart contracts on the blockchain. It's one of the most important dapps in the blockchain ecosystem, as it enables smart contracts to interact with the outside world in a secure and decentralized way. And with the recent launch of Chainlink V2, which introduces new features like hybrid smart contracts and off-chain reporting, Chainlink is poised to become even more important in 2021.

7. MakerDAO

MakerDAO is a decentralized platform that allows users to create and trade stablecoins that are pegged to the value of real-world assets like the US dollar. It's one of the most important dapps in the DeFi ecosystem, as it provides a stable and reliable source of liquidity for the entire ecosystem. And with the recent launch of MakerDAO V2, which introduces new features like a new governance system and a new collateral type, MakerDAO is poised to continue its dominance in the stablecoin space.

8. Gnosis

Gnosis is a decentralized platform that allows users to create and trade prediction markets, which are markets that allow users to bet on the outcome of real-world events. It's one of the most innovative dapps in the blockchain ecosystem, as it enables users to make accurate predictions about the future in a decentralized and secure way. And with the recent launch of Gnosis V2, which introduces new features like conditional tokens and a new user interface, Gnosis is poised to revolutionize the way we make predictions.

9. Yearn Finance

Yearn Finance is a decentralized platform that allows users to optimize their yield farming strategies by automatically moving their funds between different DeFi protocols. It's one of the most popular dapps in the DeFi ecosystem, with over $3 billion in total value locked. And with the recent launch of Yearn Finance V2, which introduces new features like a new user interface and a new governance system, Yearn Finance is poised to continue its dominance in the yield farming space.

10. IPFS

IPFS (InterPlanetary File System) is a decentralized protocol that allows users to store and share files in a secure and decentralized way. It's one of the most important dapps in the blockchain ecosystem, as it enables users to store and share data without relying on centralized servers. And with the recent launch of IPFS V2, which introduces new features like content addressing and peer-to-peer file sharing, IPFS is poised to become even more important in 2021.

Conclusion

The world of decentralized apps is constantly evolving, and 2021 promises to be a big year for the ecosystem. From DeFi and gaming to social media and more, there are countless dapps to watch in the coming months. Whether you're a seasoned blockchain enthusiast or a newcomer to the space, these top 10 decentralized apps are sure to impress. So keep an eye on these projects, and get ready for the next wave of decentralized innovation.

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