The Most Interesting dApps on Cronos? Typical Apps like Facebook are run and owned by central organizations. The companies have total control, meaning they can censor users. Privacy is also limited.  Decentralized apps (dApps) are open-source, public, and decentralized, meaning central organizations have no control or interference. In addition, these apps are less prone to downtime and offer top-tier privacy. Currently, there are 3974 dApps. According to emergent research, the value of the dApps is expected to grow at a CAGR of 56.1% between 2019 and 2027 to reach 368.25 billion. About Cronos  Cronos, formerly Crypto.com, supports the creation and running of decentralized apps. Crypto.com launched the decentralized, open-source, EVM compatible chain in November 2021. Additionally, the chain supports smart contracts and the interoperability of tokens between the Ethereum and EMV compatible chains. Currently, 70 dApps run on the Cronos platforms, according to DappRadar. The dapps are spread across gaming, gambling, Defi, exchanges, and marketplaces. Let's explore the top dApps on the Cronos platform.  1. Tectonic  Tectonic is a cross-chain money market that enables crypto investors to save crypto tokens and earn passive yield in the form of attractive APYs. In addition, you can get instant loans by using your idle assets as collateral for opportunities like yield farming. However, you can access your crypto assets for Initial Dex Offering without necessarily liquidating underlying collateral.  Tectonic was founded by Gary Or, former CTO of Crypto.com, and incubated by Particle B. The core use case of the platform is governance and staking. The staked tokens go into a community pool to earn rewards and secure the protocol. Its protocol comes with three core modules: liquidation, interest rate, and community insurance. The liquidation module uses algorithms to vary interest rates as the money market. On the other hand, the liquidation module keeps the system stable by liquidating undercollateralized positions and giving discounts to liquidators. The insurance module is a mitigation tool for events such as oracle failure that can harm the protocol's health. The decentralized finance app has a 24-hour trading volume of $ 10 million and total locked assets worth $111 million at the time of writing. They guarantee the safety of the digital assets by auditing their smart contracts and plan to roll out an insurance fund to safeguard the digital tokens. A token of Tectonic is trading at $0.000000956005, pushing the Tectonic market cap to $53 million. Tonic is currently predicted to increase by roughly 40% by the end of 2023. 2. MM Finance  MM Finance is the biggest application on the Cronos platform in regards to volume and users. IT boasts over 10000 daily users who complete more than 45000 smart contracts transactions. The DeFi platform records a massive daily trading volume of $119.55 million, translating to 60.17 million CROs. The total assets locked on its vaults, farms, and pools is $770 million. Around $MMF tokens worth $140 million in circulation after burning tokens worth $8.7 million. The applications have a holistic ecosystem that comingles a yield optimizer, Non-fungible token (NFT), and decentralized exchange. In fact, it allows you to stake crypto assets and earn passive income from interests. The ecosystem is protected by high technology from Paladin, Certik, and Immunefi. You can rest assured your digital assets are safe and secure.  Cronos was the first dApp on Cronos to offer fee rebates through trade mining. In addition, it is set to integrate a Protocol owned liquidity (POL) on its decentralized exchange. MM finance also charges the lowest trading fees on the Cronos platform. MMFinance future price projections seem fairly optimistic as analysts expect for the coin to yearly increase by roughly 30%. 3. VVS Finance  VVS Finance is yet another Defi platform designed with an easy-to-use interface. It has several utilities, including trading and staking.  In addition, users can earn digital tokens through mining, trading, and providing liquidity.  Liquidity provider holders earn up to 0.2% of the transaction fee for every trade. There are plans to make the dApp a governance token to give holders a say in the future development of the protocol.  VVS Finance aims to make Defi easy to use and access more people. The app has a 24-hour trading volume of $17 million. The smart contracts on the platform have a total locked value of 1.2 billion.  4. CronaSwap As the name suggests, Cronswap is a decentralized exchange platform that allows users to swap ERC 2 tokens. The DEX runs on the Cronos chain network with a modest 0.25% transaction fee, one of the lowest on the Cronos ecosystem. You can also become a liquidity provider earning a 0.25% fee on all trades.  Cronaswap has maintained a constant number of transactions and users. However, the daily trading volume has drooped to $1.8 from $32 million in November 2021. The total locked assets on the app's smart contracts are $1.94 million. Currently, a token of the CronaSwap token is trading at $0.08811. The platform also has a GameFi gambling feature, enabling users to play CROissant games without any gas fees. The payout goes as high as 34 times the wager. 5. Crow Finance Did you know Crow Finance means Cronos World Finance? Now you know. The platform is built on the Cronos network and enables users to stake, trade, and earn rewards with Defi wallets. CROW boasts an assets base with a total value locked worth $1.5 million.  You can also become a liquidity provider and receive CROs from trading fees. But if you do not want to actively participate in activities that bring yield, consider staking Crows to earn passive income. In addition, the platform has a secure trading platform with low fees and high average to ensure the traders benefit the most from trading digital assets. It is in the blink of introducing real trading tools such as limit order and stop losses to enhance the trading ecosystem. 6. Croissant Games  Croissant games have revolutionized conventional gaming, which operates in black boxes. The gaming platform operates using smart contracts. This makes the games immutable, fairer, and more transparent. The model is gasless, meaning players do not incur any trading fees. The decentralization features allow any player to participate from any corner of the globe without signing up or worrying about KYC and government bans. The games include Dice Roll, Roulette, CRO Roll, and Coin Toss.  In addition, you can stake your digital assets for up to 206% APR. The platform has a True value locked of $306438.  OTHER HONORABLE MENTIONS  Ebisu’s Bay decentralized marketplace Crodex decentralized exchange  CroSea marketplace Savannah Finance DeFi Conclusion  Decentralized apps appeal to crypto users and investors. The decentralization feature enables people to transact with utmost privacy without censorship or interference from government or central organizations. In addition, the apps come with a crypto swap that enables people to trade and make profits. People with limited trading expertise can stake their digital assets to earn passive income from rewards. In a nutshell, Cronos is home to some of the promising dApps as the whole industry is set for seismic growth.   Coin Shark is not responsible for any content, accuracy, quality, advertising, products, or other content posted on the site. The review is for informational purposes, reflects the author's opinion only, and is not a proposal for action. The financial market is dangerous and full of risks, investments in cryptocurrencies can lead to losses. Users should do their own research before taking any action. Subscribe to our Telegram, Twitter, Facebook to be the first to know about cryptocurrency news!