Backend, Frontend, Smart Contract
Ethereum, Solana, Polkadot, BSC
What is Decentralized Finance
DeFi is a short form of the term decentralized finance which refers to a network of financial protocols and programs that operate outside of traditional banking structures such as centralized exchanges, and are powered by the blockchain. DeFi includes decentralized exchanges (DEX) and many different programmable contracts that are built on the Ethereum and other blockchains like Solana, Polkadot, Binance Smart Chain.
Types of DeFi Products
DeFi Lending
DeFi allows any individual to take out or supply a loan without approval from a third party. The large majority of lending products use popular cryptocurrencies such as Ether ($ETH) to secure outstanding loans through over-collateralization. Thanks to the advent of smart contracts, maintenance margins, and interest rates can be programmed directly into a borrowing agreement with liquidations happening automatically should an account balance fall below a specified collateral ratio.
Aave is a DeFi lending protocol that enables users to lend and borrow a diverse range of cryptocurrencies.
BlockFi is a lending product that provides fiat currency loans, secured with cryptocurrency collateral. They also offer cryptocurrency interest accounts, which pay competitive interest rates on deposits.
Compund is a decentralized protocol used by crypto investors to lend and borrow different cryptocurrencies like USDT, Ether, DAI.
Curve Finance makes use of liquidity pools and bonding curves to provide high-efficiency stablecoin trading and low-risk returns for liquidity providers.
Kava is a lending platform that accepts a wide range of cryptocurrencies for collateral as well as lending and borrowing.
Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
Strike a decentralized money market that enables variable based rates for supplying digital asset collaterals to the protocol and from borrowing digital assets from the protocol with over-collateralized assets.
DeFi Trading
Decentralized exchanges allow users to swap their assets without having to transfer custody of the underlying collateral.
DeFi Trading platforms allow users to swap their assets without having to transfer custody of the underlying collateral. DEXs aim to provide trustless, interoperable trading across a wide range of trading pairs.
0x is a permissionless liquidity protocol for p2p exchange of tokenized assets
Balancer allows users to trade supported tokens against one another, create liquidity pools to add liquidity to the balancer protocol or invest in pre-existing pools to earn a yield from trades.
DeversiFi allows users to invest, trade, and send tokens without paying gas fees.
DODO is a decentralized exchange platform powered by the Proactive Market Maker (PMM) algorithm. It features highly capital-efficient liquidity pools that support single-token provision, reduce impermanent loss, and minimize slippage for traders.
dYdX is a non-custodial trading platform, with option to do margin trading.
Gnosis is a fully decentralized trading protocol that allows anyone to add any trading token pair.
Loopring is an Ethereum (Layer 2) zkRollup Protocol powering integrated Smart Wallet Layer 2 DEX.
Mdex is an Automated Market Maker (AMM) Decentralized Exchange (DEX) on Binance Smart Chain (BSC) and Huobi ECO Chain (HECO)
Pancakeswap is the The biggest AMM and yield farm on Binance Smart Chain.
Quickswap is a DEX on Polygon offering the same functionalities as Uniswap.
Raydium is an on-chain order book AMM powering the evolution of DeFi based on Solana.
Saber is the leading cross-chain stablecoin and wrapped assets exchange built on the Solana blockchain.
Saddle is an automated market maker optimized for trading between pegged value crypto assets.
Serum is a decentralized exchange software built on Solana.
Sushiswap is an AMM DEX and fork of Uniswap. It was the first to introduce native token to encourage Liquidity providers(LP).
Trader Joe is a decentralized trading platform on the Avalanche network.
Uniswap became the first widely-used permissionless DEX that enabled users to trade any Ethereum-based token directly through a web 3.0 wallet – all without any deposits or withdrawals to a centralized order book. Today, it remains one of the most popular DEX competing constantly for value locked with it's fork Sushiswap.
DeFi Derivatives
Derivative represent a contract where the value is derived from an agreement based on the performance of an underlying asset. There are four main types of derivative contracts: futures, forwards, options, and swaps.
Augur is a decentralized prediction market platform built on the Ethereum blockchain.
BarnBridge is a tokenized risk protocol that allows users to hedge against yield sensitivity and price volatility.
dYdX is a non-custodial trading platform, with option to do margin trading.
Injective Protocol is a layer-2 decentralized exchange for trading crypto and synthetic asset markets without gas fees.
Synthetix is a protocol that enables the issuance of synthetic assets on the Ethereum blockchain.
UMA is a decentralized protocol to enable the creation, maintenance, and settlement of financial contracts for any underlying asset.
DeFi Staking
Crypto staking involves "locking up" your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens. Staking is similar to interest savings account in traditional banks.
Chorus One is operating infrastructure to secure vast amount of Proof-of-Stake blockchain networks.
Everstake runs highly secure and reliable nodes for Proof of Stake protocols using the enterprise-level hardware to ensure maximum efficiency and security.
Figment is a staking service provider focused on security and compliance.
P2P Validator provides staking services to help users generate rewards on crypto assets across 25+ blockchain networks.
Stake Capital provides blockchain validation services for all the leading proof-of-stake blockchain networks.
Staking Facilities is a validator, node operator, and service provider in Web 3.0.
Stake fish is a staking platform for cryptocurrencies where you can pool your crypto assets and earn an interest from it.
DeFi Options
The Decentralized Finance (DeFi) ecosystem has benefitted from significant innovation during the last two years. Among other factors, the development of secure DeFi options protocols is contributing to this innovation, attracting significant capital inflows and trading volumes.
Dopex is a decentralized options protocol which aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers.
Hegic is an on-chain options trading protocol based on the Ethereum blockchain.
Opyn is a capital efficient DeFi options trading protocol.
Pods Protocol is a decentralized non-custodial Options Protocol that allows users to buy, sell and provide liquidity using the new Options AMM
Primitive finance is a decentralized options market protocol on the Ethereum blockchain.
Shield is a decentralized protocol for trading perpetual options based on a non-cooperative game network.
DeFi Wallets
Wallets are a crucial gateway for interacting with DeFi products. While they commonly vary in their underlying product and asset support, across the board a huge improvements has been observed in usability and access thanks to the growing DeFi narrative.
Argent a multisig wallet that allows you to earn, exchange, invest, stake, store and send crypto assets.
DeFi Wallet allows you to track DeFi portfolio, explore DeFi projects, compare DeFi rates, analyze DeFi risk and manage DeFi assets.
Dharma is a non-custodial DeFi wallet based on Ethereum.
Eidoo a non-custodial wallet that allows users to store, exchange and transact cryptocurrencies with a wide range of DeFi services and tools.
Gnosis Safe is a secure way to manage funds and interact with decentralized apps supporting ERC20 and ERC721.
Multicurrency, multiplatform wallet.
MetaMask is the premier DeFi cryptocurrency wallet used to interact with the Ethereum network.
MyCrypto is an easy to use app that helps you create, import, and manage all your wallets.
One of the first Ethereum wallet.
DeFi Insurance
Decentralized insurance protocols allow users to take out policies on smart contracts, funds, or any other cryptocurrencies through pooled funds and reserves. This sector is still nascent but it is anticipated to allow comfort for institutional players to enter the market.
Cover is a peer to peer coverage platform using fungible tokens that enables the market set projects' coverage prices.
InsurAce is the leading decentralized insurance protocol, providing reliable, robust and secure DeFi insurance services to the DeFi users.
NexusMutual allows you to secure risk and potential bugs in smart contract code, be covered for events like The DAO hack, parity multi-sig wallet issues or exchange hacks.
Opium is a universal and robust protocol that allows for creating, settling, and trading decentralized derivatives on Ethereum.
DeFi Stablecoins
Dai is a stable, decentralized currency
Frax is a fractional-algorithmic stablecoin protocol, with parts of its supply backed by collateral and parts of the supply algorithmic.
MAI is a stable coin collateralized by your crypto holdings. It's powered by Qi Dao, a protocol that enables any cryptocurrency community to create stablecoins backed by their native tokens
Mstable is a single standard unifying stablecoins swapping and lending protocol.
DeFi Analytics
Analytics is the discovery, interpretation, and communication of meaningful patterns in DeFi protocols data; and the process of applying those patterns towards effective decision making.
0x Tracker provides 0x protocol market data, transparent Ethereum token price index and 0x protocol news aggregation.
APY Vision is an all-in-one analytics dashboard for liquidity providers and yield farmers.
Arbiscan is a block explorer for Layer2 Ethereum solutions.
Bscscan is a Block Explorer and Analytics Platform for Binance Smart Chain, created by Etherscan.
DeBank is a dashboard for tracking your DeFi portfolio, with data and analytics for decentralized lending protocols, stablecoins, margin trading platforms and DEXes in addition to being a wallet.
DefiLlama is a multi-chain total value locked analytics dashboard, where data connectors contributed and maintained by the community.
Dune Analytics is the community-driven analytics platform that provides data tools for the Ethereum network.
Etherscan is a Block Explorer and Analytics Platform for Ethereum.
ETH Gas Station is a metrics and analytics platform for the Ethereum gas market.
Kyber Network Tracker is tracking Kyber Network’s trades, activities, and burnt fees.
L2Beat is an analytics and research dashboard about Ethereum layer 2 scaling solutions.
Nansen is an analytics platform for Ethereum, which combines on-chain data with a massive and constantly growing database containing millions of wallet labels
PolygonScan allows you to explore and search the Polygon blockchain for transactions, addresses, tokens, prices and other activities taking place on Polygon
Zapper is an analytics dashboard for DeFi to easily track and visualize all DeFi assets and liabilities in one simple interface.
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