BNB has definitely grown to be one of the cryptocurrencies as it climbs to number 3 on CoinGecko. Check out the top 10 BNB projects with the highest TVL.

For those that aren’t too familiar, BNB is said to be an exchange-based token that was created as well as issued by the popular cryptocurrency exchange Binance. The cryptocurrency was initially created on the Ethereum blockchain and is known as an ERC-20 token back in July 2017.

BNB Migrated to Binance Chain

BNB was then migrated directly over to the Binance Chain in February of 2019 and it then became the native coin of the Binance Chain. It was stated that the Binance Coin has actually seen massive growth in interest throughout the past few years, according to the official description on CoinGecko.

A number of rounds of token burn events have also helped appreciate BNB price and resulted in pushing it up as one of the top-10 cryptocurrencies in terms of market capitalization. As of the moment, BNB can already be traded in over 300 different trading pairs across 120 different exchanges tracked so far.

Top 10 BNB Projects with the Highest TVL

PancakeSwap

Crypto name: CAKE

TVL: $14.37 Billion

Venus

Crypto name: XVS

TVL: $2.88 Billion

Qubit

Crypto name: QBT

TVL: $2.88 Billion

Tranchess

Crypto name: CHESS

TVL: Tranches $1.58 Billion

Alpaca Finance

Crypto name: ALPACA

TVL: $1.24 Billion

MDEx

Crypto name: MDX

TVL: $899 Million

Wanaka Farm

Crypto name: WANA

TVL: $804 Million

CoinWind

Crypto name: COW

TVL: $790 Million

BakerySwap

Crypto name: BAKE

TVL: $680 Million

Biswap

Crypto name: BSW

TVL: $674 Million

The top 10 BNB projects with the highest TVL were shared on Coin98 Analytics. For those that don’t know, both PancakeSwap, Alpaca Finance, and BakerySwap both offer staking and farming options for investors to make passive income on cryptocurrency.

Top 10 BNB Projects

As of the moment, there are still other BNB projects that haven’t made it to the list. BNB has enabled a lot of new Dapps or decentralized apps that were built on the blockchain technology. Binance is said to be a cryptocurrency exchange that was founded by Changpeng Zhao and He Yi back in July 2017.

Binance reportedly started with an Initial Coin Offering or ICO and has been growing ever since into one of the largest global cryptocurrency exchanges. This is in terms of both volume and market share by the web traffic.