Use This DefiLlama Hack To Find The Next DeFi Gems

A 3-step guide in finding the next 50x crypto gem using DefiLlama and other free tools.

Max Yamp
Coinmonks
Published in
8 min readFeb 22, 2023

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Missed some of the recent +100–200% price pumps?

That’s fine.

In crypto, trends usually follow a common pattern. DeFi natives know this and use it to profit throughout whole hype cycles. Even if they miss the perfect entry point, they use the following method to ride the wave.

Mastering this strategy is beneficial to all Web3 investors.

Get ready for some alpha as we enter:

Web3 Clones

Narratives drive crypto.

Whenever a novel project explodes, the market gets flooded with copycats. Soon enough, a completely new crypto sector is formed, and everyone starts talking about it, driving all hype-related products upward.

Uniswap solved a critical problem in DeFi — starting the 4th generation of DEXs.

Uniswap is the protocol with the most forks (378 as of Feb 9, 2023), with its most successful clones — PancakeSwap and SushiSwap having 15 forked projects made from them in total.

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Max Yamp
Coinmonks

Building web3 and DeFi products. Writing about crypto and tokenomics. Founder of One Click Crypto