10 Best DeFi 2.0 Projects & Coins to Invest in 2023

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DeFi 2.0 builds on the original decentralized finance ethos - with faster transactions, higher scalability, and cross-chain capabilities. Not to mention lower fees and access to a much broader range of investment markets. 

This guide explores the 10 best DeFi 2.0 tokens to buy right now. Read on to discover the leading DeFi 2.0 projects for long-term upside. 

The best DeFi 2.0 tokens to buy in 2023 are listed below:

Decentralized finance, or DeFi, is increasing its capabilities at a rapid pace. This industry allows the average citizen to access core financial services without going through middlemen. This includes banking, remittances, loans, insurance, and investment products. 

But what is DeFi 2.0? Put simply, DeFi 2.0 extends the original DeFi landscape through real-world solutions. More specifically, it solves many of the issues found in the DeFi 1.0 arena. For example, many DeFi 1.0 ecosystems suffer from high fees and scalability restrictions. This is largely because most DeFi 1.0 projects are built on the Ethereum framework. 

As stated by ETHTPS, those on the ERC20 standard are currently limited to 29 transactions per second. This overloads the network and results in high DeFi fees. The solution here comes from layer 2 solutions like Polygon and Arbitrum. These protocols support thousands of transactions per second, with fees costing a small fraction of a cent. 

DeFi 1.0 also faced issues with liquidity, especially when facilitating peer-to-peer trades. This made many DeFi 1.0 exchanges inefficient, resulting in wide spreads and high slippage costs. The DeFi 2.0 frontier