Following a brutal bear market in 2022 that saw many cryptos lose more than 75% of their value, the crypto ecosystem has begun to recover in early 2023. DeFi tokens are gaining traction over their centralized counterparts as investors scrutinize the markets for the best cryptos to ride in the next bull run. Most investors are adding Avalanche (AVAX), RenQ Finance (RENQ), and Lido DAO (LDO) to their watch lists as the top DeFi tokens.