Decentralized finance (DeFi) is one of the hot topics these days and is likely the next big thing in the crypto-verse. This article will detail the best DeFi coins investors should consider buying in 2022. These DeFi coins include Decentraland, Tamadoge, SushiSwap (SUSHI), Uniswap (UNI), and Maker (MKR). However, before we discuss these coins in detail, let us first understand what decentralized finance is and what Defi coins are. 

What is Decentralized finance (Defi)?

DeFi lending platforms provide financial instruments that do not require intermediaries or middlemen. This means that they allow users to conduct financial transactions sans any intermediaries like exchanges, brokerages, or banks. This that do through emerging technologies like peer-to-peer financial networks that employ security protocols, connectivity, software, and hardware advancements.WIth these advancements NFts tokens have also seen a gradual growth

What are Defi coins?

A Defi coin is similar to a digital version of a fiat coin and is built on its blockchain network. A decentralized finance coin transfers value in a financial transaction.

Best DeFi coins to buy in 2022:

Maker (MKR)

Maker is one of the oldest and most valuable DeFi lending protocols. Maker is also home to the all-popular DAI stablecoin.

MKR is the utility as well as the governance token for the platform. The year 2021 was the top-performing year for Maker when the price of MKR rose by 298.70% from $ 586.50 to $ 2,338.34. The average yearly growth of Maker over the last six years is 100.91% annually. Mostly, Maker performs best in Q4 with an average gain of 60.21% and worst in Q3 at -8.78% loss. Maker is one of the earliest projects on Ethereum, as it was launched in 2015.  

Decentraland (MANA)

If you want to invest in Metaverse, you can consider buying a MANA token, which is Decentraland's native digital asset, and an ERC20 cryptocurrency token. 

Decentraland resides on the Ethereum blockchain and provides a virtual gaming world that is accessible to all. On Decentraland users can buy virtual land and subsequently create digital real estate.

The MANA token – the native currency used for all transactions done through the Decentraland platform- has become a multi-billion dollar project. Besides, Decentraland is considered one of the best web 3.0 coins to buy in 2022.

Uniswap (UNI)

Uniswap is the most known decentralized exchange. In the last three years, it has attracted over 3 million users and has processed trades valuing more than $1 Trillion. As of now, Uniswap not only seems to have strong fundamentals but also a promising future.

There are indications that investors' interest in DEXs will grow in the upcoming time, which suggests that Uniswap's popularity is expected to grow in the foreseeable future. Uniswap reached its highest price on May 3, 2021, when it was trading at its all-time high of $ 44.93.

Tamadoge (TAMA)

Tamadoge is the native currency of the Tamaverse, the project's own metaverse world. At the core of the Tamadoge ecosystem, the Tamadoge team is developing various features, like Tamadoge pets, NFT-powered animated creatures, and Tamadoge AR- an app built for handheld devices.

Tamadoge is a Play-to-Earn (P2E) crypto project featuring NFT-powered creatures in augmented reality. TAMA's market capitalization is expected to change considerably after the token becomes available to the public following the CEX listings planned for early 2023.

SushiSwap (SUSHI)

SushiSwap, considered to be the first Uniswap hard fork, has gained popularity due to its innovative approach to the decentralized exchange world.

In the first few days of launch, over $1 Billion worth of crypto was moved to its liquidity pools, reflecting the extent of support it received from the crypto community. 

However, SUSHI token prices crashed after its pseudonymous founder – Chef Nomi cashed out his SUSHI tokens in what was perceived as an exit scam by the crypto community. 

SUSHI optimists believe that existing SUSHI token holders will probably grow their portfolio by nearly 6000% by 2030 when the DeFi coin prices exceed $60.