What coins does the Ethereum ecosystem include in 2023?

Ethereum is the first and largest of all crypto ecosystems. So what coins does the Ethereum ecosystem include?

Let's find out in the following article!

What coins does the Ethereum ecosystem include?

The following are prominent coins in the Ethereum ecosystem:

Stablecoins

Stablecoins are always one of the most important elements in any ecosystem.

On the Ethereum ecosystem, stablecoins are always a fertile land full of potential.

Up to now, the total capitalization of stablecoins has reached more than $140 billion. The most prominent of which are USDT and USDC.

These two coins have a total capitalization of around $80 billion on the Ethereum ecosystem.

In addition to stablecoins backed by fiat currencies, there are many other stablecoins backed by ETH such as DAI or other algorithmic stablecoins.

DEX

Functioning as liquidity centers, decentralized exchanges (DEX) on the Ethereum ecosystem:

• Uniswap: an automated market-making protocol that allows you to swap any ERC-20 token, using a liquidity pool instead of an order book. This is also the DEX with the highest assets locked (TVL) (7/22)
• Curve: decentralized exchange dedicated to stablecoins or similar assets but in different forms such as renBTC, WBTC…
• SushiSwap (SUSHI): is a copy of Uniswap v2

Wallet

Perhaps when everyone first learns about cryptocurrency, they know about Metamask wallet.

See more: What is Metamask Wallet? How to use Metamask

In addition, there are some other popular wallets in the Ethereum ecosystem such as MyEtherWallet (MEW wallet) or imToken.

Recently, you can use Coin98 Wallet or Brave Wallet of Brave browser...

Lending & Borrowing

The most prominent loan and lending segments are Aave and Compound.

These two platforms are not only the largest on the Ethereum ecosystem but also on all ecosystems in general.

Yield aggregator

One of the pioneering Yield aggregators in this field is Yearn Finance with a total value locked (TVL) of more than $500 million, mostly on Ethereum.

Some Yield aggregators with quite modest TVL on the Ethereum ecosystem are Badger DAO and Rari Capital...

Derivative

In the derivatives market on the Ethereum ecosystem, the two most prominent names are dYdX and Synthetix.

In the options section, the two dominant names are Opyn and Ribbon Finance.

NFT

Because it is a pioneer in the NFT field, despite the high gas fees, the most popular NFT collections still belong to Ethereum such as CryptoPunks or Bored Ape Yatch Club...

Opensea is considered the largest NFT Marketplace on the Ethereum ecosystem.

GameFi

GameFi in the Ethereum ecosystem is also very prominent, starting with the virtual cat raising game CryptoKitties in 2017.

But GameFi really exploded in 2021 with the game Axie Infinity. And then there's GameFi's peak from April to November 2021.

There are also other extremely famous names such as The Sandbox and Decentraland. Virtual reality platforms are built on the Ethereum blockchain.

So I just went through the ecosystem Ethereum Which coins are included? I will update more!

Good luck!