DeFi Alternatives
Discover the best DeFi protocols and tools across all categories. Filter by category, search by name or description, and explore the decentralized finance ecosystem.
Aevo
Aevo is a decentralized derivatives exchange, focused on options. The exchange runs on a custom EVM roll-up that rolls up to Ethereum. Aevo operates an off-chain orderbook with on-chain settlements.
Marginfi
Marginfi is a decentralized lending protocol on Solana that prioritizes risk management to provide a safe and reliable solution for users looking to access leverage and maximize capital efficiency.
Arkham
Arkham labels blockchain addresses with the entities behind them and lets holdings, transfers and counterparties be traced across Ethereum, Bitcoin, Solana, Base, Arbitrum and Tron.
Artemis
Artemis is a research platform tracking network fundamentals such as active addresses, fees, stablecoin supply and application revenue, alongside equities. It covers Ethereum, Solana, Base, Arbitrum and Bitcoin.
Blockworks Research
Blockworks Research publishes analyst reports, governance coverage and data dashboards on protocol revenue and validator economics for Ethereum and Solana.
DefiLlama
DefiLlama is a multi-chain TVL stats dashboard, where data connectors contributed and maintained by a community
Glassnode
Glassnode publishes on-chain and market indicators such as supply distribution, realised price and exchange flows, delivered through charts and an API for Bitcoin and Ethereum.
growthepie
growthepie publishes open dashboards comparing chains in the Ethereum ecosystem on activity, fees, throughput and value secured. It covers Ethereum, Base, Arbitrum, Optimism, zkSync, Scroll and Linea.
L2beat
L2BEAT is an analytics and research website about Ethereum layer 2 scaling. Here you will find in depth comparison of major protocols live on Ethereum today.
Messari
Messari publishes research reports, protocol metrics and governance coverage for crypto assets, with screeners and diligence tools. Its coverage spans Ethereum, Solana and Bitcoin.
Revert Finance
Revert provides actionable analytics for DeFi liquidity providers on Uniswap v2, v3 and Sushiswap
RWA.xyz
RWA.xyz tracks tokenized real-world assets, breaking down treasuries, private credit and stablecoins by issuer, chain and outstanding supply. It covers Ethereum, Solana, Stellar, Base and Arbitrum.
vaults.fyi
vaults.fyi is a DeFi yield discovery and analytics platform that tracks vault performance across multiple chains, with normalized APY, TVL and reputation scores for hundreds of stablecoin and ETH strategies.
Ambire
Ambire Wallet is a user-friendly crypto wallet for both beginners and experienced users with a simplified UI.
Backpack
Backpack is a self-custodial wallet paired with an exchange for spot and futures trading. The wallet holds assets on Solana, Ethereum, Bitcoin, Base and Arbitrum in one interface.
DeBank
DeBank tracks a walletโs positions across lending, staking, liquidity pools and stablecoins in one portfolio view, with protocol rankings and a social feed. It covers Ethereum, Base, Arbitrum, BNB Chain, Polygon and other EVM chains.
DeFi Saver
DeFi Saver is a management dashboard for decentralized finance protocols, including MakerDAO CDPs (with features such as automatic liquidation protection), as well as Compound, dYdX and Fulcrum. Interview with co-founder, Nenad Palinkaลกeviฤ.
Dhedge
โdHEDGE is a platform for managing investment activities on the Ethereum blockchain where you can put your capital to work in different strategies based on a transparent track record. Interview with co-founder.
Family
Family is a self-custodial mobile wallet for Ethereum built around simple sending, swaps and connecting to apps. It supports Ethereum, Base, Optimism and Arbitrum.
imToken
imToken is a digital asset wallet enabling multi-chain asset management, dApp browsing and exchange of value. Interview with imToken.
InstaDApp
Instadapp is a platform providing users and developers with a single point of integration to access all the DeFi protocols
Keplr Wallet
Keplr is a non-custodial IBC-enabled wallet that allow users to interact with Cosmos based blockchains.
Ledger
Ledger makes hardware wallets that keep private keys on a secure element, paired with the Ledger Live app for holding, staking and swapping. It supports Bitcoin, Ethereum, Solana, Polygon, Arbitrum and Base.
TokenPocket
TokenPocket is a multi-chain cryptocurrency wallet on both mobile and desktop with built in dApp browsers.
Uniswap Wallet
Uniswap Wallet is a self-custodial mobile and browser wallet that routes swaps through the Uniswap protocol. It supports Ethereum, Base, Arbitrum, Optimism and Polygon.
Zapper
Zapper is a system focused on abstracting away the complexities of composing and accessing the most innovative opportunities in open finance. Interview with the team.
ZenGo
ZenGo is a bitcoin and cryptocurrency wallet with native UI integrations with DeFi lending protocols and staking providers. Interview with Ouriel Ohayon, CEO, and co-founder of ZenGo.
Backed
Backed is creating on-chain infrastructure for capital markets, including composable tokenized securities that track the value of real-world assets such as bonds, stocks, or ETFs.
BlackRock BUIDL
BlackRockโs tokenized money market fund holds treasury bills, repo and cash, with Securitize acting as transfer agent. The $BUIDL token runs on Ethereum, Solana, Aptos, Avalanche, Arbitrum, Optimism and Polygon.
Centrifuge
Open, decentralized platform to connect the global financial supply chain. Intreview with Philip Stehlik, co-founder and CTO of Centrifuge.
Circle USYC
Circle issues $USYC, a tokenized treasury fund acquired with Hashnote that holds short-term government debt and repo agreements. It runs on Ethereum and BNB Chain.
Dinari
Dinari issues dShares, tokens backed by United States listed stocks and ETFs held with a registered broker dealer. They run on Ethereum, Arbitrum and Base.
Franklin Templeton Benji
Franklin Templeton Benji is the access point for the firmโs tokenized money market funds, with share ownership recorded on chain. The tokens run on Stellar, Ethereum, Polygon, Arbitrum, Base, Avalanche and Solana.
Huma Finance
Huma Finance funds cross-border payment and trade receivables with liquidity supplied by lenders, who earn yield from settlement fees. It runs on Solana, Ethereum and Stellar.
Maple
Maple runs institutional credit pools that lend against tokenized collateral and issues $syrupUSDC for passive lenders. It runs on Ethereum and Solana.
Matrixdock
Matrixdock is a digital assets platform that provides institutional and accredited investors with transparent access to tokenized real-world assets (RWA) with an immutable record of ownership, daily Proof-of-Reserve and full bankruptcy remoteness.
Midas
Midas issues tokenized certificates tracking treasury bills and managed crypto strategies, each with a named risk manager and a public mint and redeem flow. It runs on Ethereum, Arbitrum, Solana and Hyperliquid.
Ondo
Ondo is creating secure, onchain financial products like tokenized notes such as USDY. It is backed by short-term US Treasuries and bank demand deposits.
Openeden
The Openeden TBILL Vault provides investors with direct exposure to a pool of short-dated T-Bills through the Vaultโs TBILL token, which is backed 1:1 by the T-Bills as well as USDC and U.S. Dollar reserves.
Paxos Gold
Paxos Gold is the $PAXG token, and each unit is a claim on an ounce of London Good Delivery gold held by Paxos in custody. It runs on Ethereum.
Plume
Plume is a network for real-world asset issuance that bundles tokenization, compliance checks and transfer agent tooling for issuers, and it settles to Ethereum.
Securitize
The compliance platform for digitizing securities on the blockchain.
Spiko
Spiko runs regulated money market funds whose shares are issued as tokens, giving European businesses access to government bill yield. The tokens run on Ethereum, Arbitrum, Polygon, Base and Stellar.
Superstate
Superstate issues tokenized funds holding short-term treasuries and crypto basis positions, and its Opening Bell service brings registered company shares on chain. The tokens run on Ethereum and Solana.
Tether Gold
Tether Gold is the $XAUT token, and each unit represents an allocated share of physical gold held in a Swiss vault with the bar identifiers published. It runs on Ethereum.
WisdomTree Prime
WisdomTree Prime is a consumer app from the asset manager WisdomTree that holds tokenized money market and equity index funds registered in the United States. The share tokens run on Ethereum and Stellar.
ApeX Protocol
ApeX Protocol is a perpetual futures exchange with an order book and self-custody of margin, running across Ethereum, Arbitrum, Base and BNB Chain.
Drift Protocol
Drift Protocol is an open-sourced, decentralized exchange built on the Solana blockchain, enabling transparent and non-custodial cryptocurrency trading.
dYdX
dYdX is a trading platform for crypto assets, built with open-source protocols, enabling decentralized margin trading. dYdX - Decentralized Platform for Advanced Financial Products, interview with Antonio Juliano
edgeX
edgeX is a perpetual futures exchange with an off-chain matching engine and on-chain settlement secured by Ethereum, offering cross-margin accounts and a public API.
Extended
Extended is a perpetual futures exchange on Starknet, a zk rollup secured by Ethereum, with one margin account across crypto and tokenized traditional markets.
GMX
GMX is a perpetual exchange where liquidity providers back trades from a shared pool and traders pay funding and borrowing fees. It runs on Arbitrum, Avalanche and Solana.
GRVT
GRVT is a perpetual futures exchange built as a zkSync validium, pairing a central limit order book with on-chain custody of trader funds.
Jupiter
Jupiter is the Solana trading hub that routes spot swaps across on-chain liquidity and also runs perpetual futures and a lending market from the same app.
Lighter
Lighter is a perpetual futures exchange with an order book matched off chain and proved with zero-knowledge circuits, settling to Ethereum.
Pacifica
Pacifica is a perpetual futures exchange on Solana with an off-chain order book, cross-margin accounts and a vault that market makes against traders.
Paradex
Paradex is a perpetual and options exchange running on its own Starknet appchain secured by Ethereum, with a cross-margin account and an order book.
StandX
StandX runs perpetual futures on BNB Chain alongside $DUSD, a yield-bearing dollar token that traders post as margin.
Variational
Variational settles peer-to-peer derivatives in isolated smart contracts, quoting prices on request rather than through an order book, and its Omni app trades perpetuals on Arbitrum.
Aerodrome
Aerodrome is the vote-escrow exchange on Base where $AERO lockers direct emissions to liquidity pools and collect the trading fees and bribes those pools generate.
Bisq
Bisq is an open-source, peer-to-peer desktop application that allows you to buy and sell cryptocurrencies.
CowSwap
CowSwap is a trading interface built on top of Gnosis Protocol v2. It allows you to buy and sell tokens using gas-less orders that are settled peer-to-peer among its users or into any on-chain liquidity source while providing MEV protection.
Curve
Curve is an exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading. Interview with Curve Finance founder.
Drift Protocol
Drift Protocol is an open-sourced, decentralized exchange built on the Solana blockchain, enabling transparent and non-custodial cryptocurrency trading.
Fluid
Fluid combines a lending market and a DEX in one liquidity layer, so collateral and debt positions also earn trading fees. It runs on Ethereum, Arbitrum, Base, Polygon and Plasma.
Jupiter
Jupiter is the Solana trading hub that routes spot swaps across on-chain liquidity and also runs perpetual futures and a lending market from the same app.
Meteora
Meteora runs dynamic liquidity market maker pools on Solana, where liquidity providers set bin-based price ranges and fees adjust with volatility.
OpenSea
OpenSea is a peer to peer marketplace for crypto collectibles. Interview with OpenSean co-founder Devin Finzer.
Orca
Orca is a decentralized protocol that facilitates trades on Solana, as Orca is non-custodial when you trade tokens the protocol will interact directly with your wallet.
Quickswap
QuickSwap is a permissionless decentralized exchange based on Polygon Layer 2 scalability infrastructure
Raydium
Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield
Velodrome
Velodrome is the vote-escrow exchange on Optimism where $VELO lockers vote each epoch to direct emissions to liquidity pools and receive the fees from them.
Across
Across is a bridge where relayers front the destination funds and are repaid from a shared pool after an optimistic verification. It connects Ethereum, Arbitrum, Base, Optimism, Polygon, zkSync, Linea and Scroll.
Aragon
Aragon allows you to create global, bureaucracy-free companies and freely organize and collaborate without borders or intermediaries.
Chainlink
Chainlink is a decentralized oracle that can provide external data to smart contracts. Interview with Adelyn Zhou
Envio
Envio is an indexing framework that turns contract events into a queryable GraphQL API, with local development and hosted deployment. It supports Ethereum, Base, Arbitrum, Optimism, Polygon and Monad.
Helius
Helius provides Solana RPC nodes, webhooks and enhanced transaction APIs that decode program calls into readable events for indexing and monitoring.
Infura
Infura provides hosted RPC endpoints and archive access so applications can read and write to chains without running nodes. It serves Ethereum, Polygon, Arbitrum, Optimism, Base and Linea.
LayerZero
LayerZero is an omnichain interoperability protocol enabling secure cross-chain messaging, token transfers, and data movement across 70+ blockchains through immutable, censorship-resistant infrastructure.
Privy
Privy provisions embedded wallets from an email or social login, splitting key shares so the app never holds a full key. It supports Ethereum, Solana, Base and Polygon.
Pyth Network
Pyth Network is a decentralized oracle delivering real-time price feeds from 128+ first-party data publishers across 2,800+ feeds on 100+ blockchains, serving 520+ DeFi applications.
Realms
Realms is a platform built on Solana that provides tools for builders to create and manage their own DAO. Using Realms, builders can create their own DAO, which allows them to manage their members, vote on proposals, and allocate their treasury.
RedStone
RedStone is an oracle that delivers price feeds on demand, with signed data pulled into a transaction or pushed on chain. It serves Ethereum, Base, Arbitrum, Berachain, Monad and Hyperliquid.
Snapshot
Snapshot is a off-chain, gasless, multi-governance community polling dashboard
Tally
Tally is a voting dashboard, aggregating data from defi protocolsโ governance and providing it in real-time for research and analysis. Interview with co-founder.
Tenderly
Tenderly is a development platform for simulating transactions, debugging reverts and forking chain state, with RPC nodes and alerting. It covers Ethereum, Base, Arbitrum, Optimism and Polygon.
Turnkey
Turnkey is a key management API that holds private keys in secure enclaves and signs under policies set by the developer. It supports Ethereum, Solana, Bitcoin and Base.
Uma
UMA is a decentralized financial contracts platform built to enable Universal Market Access. Interview with co-founder of UMA, Allison Lu.
WalletConnect
WalletConnect is an open protocol for connecting desktop Dapps to mobile Wallets using end-to-end encryption by scanning a QR code.
Wormhole
Wormhole is a messaging layer that moves tokens and arbitrary data between chains, with guardians attesting to source-chain events. It connects Ethereum, Solana, Sui, Aptos, Base, Arbitrum and BNB Chain.
Block Analitica
Block Analitica builds risk dashboards for lending protocols and curates vaults on Morpho using its own collateral models. It covers Ethereum and Base.
Blockaid
Blockaid screens transactions and dapp connections inside wallets, flagging drainers and malicious approvals before a signature is given. It covers Ethereum, Solana, Base and Arbitrum.
Chaos Labs
Chaos Labs runs parameter simulations and risk monitoring for lending protocols and perpetual venues, and operates the Edge oracle network. It covers Ethereum, Arbitrum, Base and Solana.
Cork Protocol
Cork Protocol prices depeg risk on Ethereum by splitting a pegged asset into a redemption claim and a cover token that pays out if the peg breaks.
Gauntlet
Gauntlet simulates market stress to set risk parameters for lending protocols and curates its own vaults on Morpho and Aave. It covers Ethereum, Base and BNB Chain.
Hypernative
Hypernative watches contracts and wallets for attack patterns and fires alerts or automated responses before funds move. It covers Ethereum, Arbitrum, Base, Solana and Polygon.
Immunefi
Immunefi hosts bug bounty programs where researchers report vulnerabilities to protocols and are paid on a severity scale. It covers Ethereum, Solana, Polygon and BNB Chain.
K3 Capital
K3 Capital curates lending and fixed-rate vaults across Euler, Morpho, Term and Pendle, picking collateral and caps for each market. It covers Ethereum, Monad, Optimism, Plasma and Arbitrum.
MEV Capital
MEV Capital curates yield and lending vaults, choosing the collateral, caps and oracles for each market it runs. It covers Ethereum, Base and Arbitrum.
Nexus Mutual
Secure risk and potential bugs in smart contract code. Be covered for events like The DAO hack or Parity multi-sig wallet issues. Interview with Hugh Karp, founder of Nexus Mutual.
Re7 Labs
Re7 Labs curates lending vaults and manages their collateral and exposure limits across Morpho, Euler and other markets. It covers Ethereum, Avalanche, Plasma and BNB Chain.
Sentora
Sentora curates DeFi strategies and runs the risk models behind them, combining allocation design with monitoring for vault depositors. It covers Ethereum, Solana and Tempo.
Sherlock
Sherlock runs audit contests and bug bounties for Ethereum protocols, paying researchers from a staked pool that also backs its coverage product.
Steakhouse Financial
Steakhouse Financial curates lending vaults on Morpho, Euler and similar venues, setting collateral, caps and oracle choices for depositors. It works across Ethereum, Base, Solana and Monad.
Aave
Aave is an Open Source and Non-Custodial protocol that let you earn interest on deposits & borrow assets on multiple chains. Aave Protocol - Innovative DeFi Lending, interview with the founder
Cap
Cap is a credit platform on Ethereum where lenders mint the $cUSD stablecoin and operators borrow the deposits to run strategies, with restaked collateral standing behind the loans.
Compound
Compound is an open-source, autonomous protocol built for developers, enable algorithmic, efficient money markets on the Ethereum.
Dolomite
Dolomite is a money market where deposited collateral keeps its staking and governance rights while it backs a loan. It runs on Arbitrum, Berachain, Ethereum and Mantle.
Euler
Euler is a non-custodial permissionless lending protocol on Ethereum that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party.
Fluid
Fluid combines a lending market and a DEX in one liquidity layer, so collateral and debt positions also earn trading fees. It runs on Ethereum, Arbitrum, Base, Polygon and Plasma.
HyperLend
HyperLend is a money market on HyperEVM where depositors supply assets to pooled and isolated markets and borrowers post collateral, with oracles reading Hyperliquid prices.
Jupiter
Jupiter is the Solana trading hub that routes spot swaps across on-chain liquidity and also runs perpetual futures and a lending market from the same app.
JustLend
JustLend is a money market on Tron where depositors supply assets to pooled markets and borrowers draw against collateral at rates set by utilization, alongside an energy rental market.
Kamino Finance
Kamino Finance aims to provide users with an easy-to-use and efficient way to manage their digital assets, earn passive income, and participate in the growing DeFi ecosystem. The platform offers a variety of features, including automated liquidity provision, lending and borrowing, and yield farming.
Liquity
Liquity is a decentralized borrowing protocol that allows you to draw interest-free loans against Ether used as collateral. Interview with founder.
Lista DAO
Lista DAO combines a collateralized debt position engine that mints the $lisUSD stablecoin with pooled lending markets and $BNB liquid staking. It runs on BNB Chain and Ethereum.
Maple
Maple runs institutional credit pools that lend against tokenized collateral and issues $syrupUSDC for passive lenders. It runs on Ethereum and Solana.
Morpho
Morpho is a decentralized, permissionless lending protocol enabling overcollateralized loans through modular isolated markets and curated vaults across Ethereum and Base.
Silo Finance
Silo Finance puts every asset in its own isolated lending market, so a bad debt event stays inside that pair. It runs on Ethereum, Arbitrum, Sonic and Avalanche.
Sky
Sky is the protocol behind the $USDS stablecoin, where borrowers open vaults against crypto collateral and savers deposit into the Sky Savings Rate. It runs on Ethereum, Base and Arbitrum.
Spark
Spark is the Sky ecosystem lending market and savings layer, lending $USDS and $DAI against major collateral and paying the Sky Savings Rate. It runs on Ethereum, Base, Arbitrum and Gnosis.
Venus
Venus is a algorithmic money market and synthetic stablecoin protocol on Binance Smart Chain
BitPay
BitPay processes crypto payments for merchants with invoices, hosted checkout and settlement in fiat, and issues a prepaid card for spending balances. It supports Bitcoin, Ethereum, Polygon and Solana.
Bridge
Bridge is a stablecoin API from Stripe for converting between fiat and stablecoins, issuing stablecoins and running payouts. It settles on Ethereum, Solana, Base and Polygon.
Ether.fi Cash
Ether.fi Cash is a Visa card that spends from a self-custodial account, drawing on deposited collateral or on a borrow against it. Its accounts run on Scroll and hold assets bridged from Ethereum.
Gnosis Pay
Gnosis Pay is a card issuing platform whose Visa cards settle from a Safe smart account on Gnosis Chain, so the balance stays self-custodial until a purchase is authorised.
Holyheld
Holyheld is a Swiss payments account for companies, with a self-custodial Mastercard, stablecoin off-ramps and named USD and EUR accounts. It covers Ethereum, Base, Arbitrum, Optimism, Polygon and Solana.
KAST
KAST is a stablecoin account with Visa cards that spends balances held in $USDC and $USDT and pays cashback on purchases. It takes deposits on Solana, Ethereum and other major chains.
Krak
Krak is Krakenโs payments app with a Visa debit card in the US, issued by Lead Bank, and a Mastercard in the UK and EEA. Card spending sells crypto held in Kraken custody and pays cashback in dollars or bitcoin.
Lightning Network
Lightning Network is a decentralized network using smart contract functionality in the blockchain to enable instant payments across a network of participants.
MoonPay
MoonPay is a fiat on-ramp that enables web and mobile developers to let their users purchase virtual currencies using credit card.
Rain
Rain is a card issuing API that lets companies launch stablecoin-backed cards, with spending settled from the holderโs own wallet rather than a prefunded float. It supports Ethereum, Base, Solana and Polygon.
Request
Request is a decentralized network built on top of Ethereum, which allows anyone, anywhere to request, validate and execute payments. How Request Enabling Blockchain-based Invoices? Interview with Request co-founder Christophe Lassuyt.
Sphere
Sphere is a stablecoin payments platform for businesses, with on and off ramps, cross-border payouts and an embedded ramp widget. It settles on Solana, Ethereum and Base.
Strike
Strike is a Bitcoin payments app for buying, sending and receiving $BTC over the Lightning Network, with cross-border transfers that pay out in local currency.
Superfluid
Superfluid is a novel crypto asset streaming protocol that enables transformative web3 money experiences like salary and subscription streaming, real-time investing, and more โ all on-chain
Transak
Transak is a simple and compliant way for customers to buy and sell crypto assets with a bank transfer.
Azuro
Azuro supplies pooled liquidity and odds to sports betting front ends, so builders can run a book without holding the risk. It operates on Polygon, Base, Linea, Arbitrum and Gnosis.
Kalshi
Kalshi is a regulated event contracts exchange in the United States where members trade binary outcomes on politics, sports and crypto, and can fund accounts with stablecoins on Ethereum and Solana.
Limitless Exchange
Limitless Exchange is a rapidly growing prediction market platform that allows users to trade on various future events. It has established itself as the largest prediction market on the Base blockchain with over $500 million in total trading volume.
Myriad Markets
Myriad Markets is a decentralized prediction market platform offering markets across crypto, sports, politics, economy, gaming, culture, and sentiment. Users can trade on various outcomes and earn rewards for accurate predictions.
Opinion.Trade
Opinion.Trade is a decentralized, AI-powered prediction market platform that enables users to trade directly on macroeconomic events, such as inflation data, interest rate decisions, employment trends, and geopolitical shifts.
Overtime
Overtime runs on-chain sports markets with automated market making and parlay support, settled from Chainlink data feeds. It operates on Base, Arbitrum, Optimism, Polygon and Ethereum.
Polymarket
Polymarket is an information markets platform, where you can bet on the highly-debated topics and earn for being right.
Predict.fun
Predict.fun runs order-book prediction markets on politics, sports and crypto, settling shares on chain. It operates on BNB Chain and Blast.
Rain
Rain is a prediction market protocol on Arbitrum with an SDK that lets anyone deploy markets on their own front end, resolved by oracles and community review.
Sport.fun
Sport.fun is an on-chain fantasy sports market on Base where fans trade fractional shares in athletes and payouts follow real match performance.
DAI
DAI is a crypto-backed stablecoin soft-pegged to USD, built on the Ethereum and governed by the MakerDAO system.
Ethena
Ethena issues $USDe, a synthetic dollar backed by staked $ETH and $BTC hedged with short perpetual positions, and pays the funding carry to $sUSDe holders. It runs on Ethereum with bridges to Solana, Arbitrum and Base.
Falcon USD
Falcon Finance issues $USDf, a synthetic dollar minted against crypto and tokenized collateral, with a staked version that accrues yield from basis and funding trades. It runs on Ethereum.
Frax
Frax is the first fractional-algorithmic stablecoin protocol. Interview with Sam Kazemian, founder of Frax Finance
GHO
Aave issues $GHO, a stablecoin minted by borrowers against collateral supplied to Aave markets, with the borrow rate set by governance. It runs on Ethereum, Arbitrum, Base, Avalanche and Gnosis.
Global Dollar
Global Dollar is the $USDG stablecoin issued by Paxos under Singapore regulation, with reserve income shared among partners in the Global Dollar Network. It runs on Ethereum and Solana.
Ondo USDY
Ondo issues $USDY, a yield-bearing token backed by short-term treasuries and bank deposits, for holders outside the United States. It runs on Ethereum, Solana, Sui, Aptos, Arbitrum and Mantle.
Pax Dollar
USDP is a stablecoin backed 1:1 by USD, and gives customers the ability to store and send US Dollars with freedom, unrestricted by the limits of traditional banking system.
PayPal USD
PayPal USD is the $PYUSD stablecoin that Paxos issues for PayPal, backed by dollar deposits and treasuries and redeemable inside PayPal and Venmo. It circulates on Ethereum, Solana, Arbitrum and Stellar.
Ripple USD
Ripple USD is the $RLUSD stablecoin issued by Ripple against cash and short-term treasuries, aimed at payment and settlement flows. It circulates on Ethereum and the XRP Ledger.
Sky Dollar
Sky Dollar is the $USDS stablecoin minted against crypto collateral in the Sky protocol, and holders can lock it in the Sky Savings Rate. It runs on Ethereum, Base, Arbitrum and Solana.
Tether
Tether issues $USDT, a dollar stablecoin backed by reserves held off chain and redeemable with the issuer. The token circulates on Ethereum, Tron, Solana, BNB Chain, Arbitrum, Avalanche and TON.
World Liberty USD1
World Liberty Financial issues $USD1, a dollar stablecoin backed by short-term treasuries and cash deposits held with a custodian. The token circulates on Ethereum, BNB Chain and Tron.
USDD
The USDD protocol issues $USDD, a dollar stablecoin minted against crypto collateral locked in peg stability contracts. It circulates on Tron, Ethereum and BNB Chain.
Ethena USDtb
Ethena issues $USDtb, a stablecoin backed by a tokenized money market fund and cash held with custodians, kept separate from the synthetic $USDe. It runs on Ethereum.
Usual USD0
Usual issues $USD0, a stablecoin backed by tokenized treasury bills, and a locked version that passes protocol revenue to holders. It runs on Ethereum and Arbitrum.
Ankr
Ankr is a Web3 infrastructure provider that operates an array of globally-distributed nodes serving 50 blockchain networks and RPC services to 18+ blockchains.
Babylon
Babylon lets Bitcoin holders stake native $BTC through self-custodial time-locked scripts that secure proof-of-stake chains, without bridging the coins.
EigenLayer
EigenLayer lets Ethereum stakers restake their $ETH and liquid staking tokens to secure additional services, with operators running the software and carrying slashing risk.
EtherFi
EtherFi is a non-custodial liquid restaking protocol that lets users stake ETH while retaining key ownership, with native EigenLayer restaking for additional yield on top of Ethereum consensus rewards.
Jito
Jito runs Solana liquid staking through $jitoSOL and a validator client that captures MEV tips, sharing the proceeds with stakers.
Kelp DAO
Kelp DAO issues $rsETH, a liquid restaking token backed by Ethereum stake delegated through EigenLayer. It runs on Ethereum, BNB Chain, Arbitrum and Base.
Kinetiq
Kinetiq is liquid staking for $HYPE on Hyperliquid, issuing $kHYPE and routing the stake across validators scored by an on-chain performance system.
Lido
Lido is a liquid staking solution for ETH 2.0 that lets users stake their ETH without maintaining infrastructure
Liquid Collective
Liquid Collective is a liquid staking standard for institutions, issuing $LsETH through enterprise node operators and platforms that run identity checks on Ethereum.
Marinade Finance
Marinade.Finance is a non-custodial liquid staking protocol built on Solana. You can stake your SOL tokens with Marinade using automated staking strategies and receive โmarinated SOLโ tokens (mSOL) that you can use in decentralized finance (DeFi).
mETH Protocol
mETH Protocol is the liquid staking system behind Mantle, issuing $mETH for Ethereum stake and $cmETH for restaked positions. It runs on Ethereum and Mantle.
Obol
Obol runs distributed validator clusters for Ethereum, splitting one validatorโs duties across several machines so a single failure does not take it offline.
P2P Validator
P2P Validator provides staking services to help you generate rewards on your assets across 25+ networks in the blockchain space
Renzo
Renzo issues $ezETH, a liquid restaking token that delegates Ethereum stake to EigenLayer operators. It runs on Ethereum, Arbitrum, Base and BNB Chain.
Rocket Pool
Rocket Pool is a Ethereum Proof of Stake Protocol, designed to be community owned, decentralised and trustless.
Sanctum
Sanctum runs infrastructure for Solana liquid staking tokens, with a reserve pool that lets holders swap between them and unstake without waiting.
Solv
Solv Protocol is a Bitcoin staking platform that enables users to stake BTC while maintaining liquidity. Powered by its Staking Abstraction Layer (SAL), SolvBTC connects Bitcoin holders with diverse DeFi opportunities for yield generation.
SSV Network
SSV Network splits an Ethereum validator key across independent operators using distributed validator technology, and $SSV pays the operator set.
StakeWise
StakeWise is a DeFi protocol created to simplify entry into Ethereum staking. It tokenize ETH staked with the StakeWise Pool to create an interest-bearing version of Ether that can be used across the DeFi ecosystem.
Symbiotic
Symbiotic is a permissionless restaking layer on Ethereum where networks choose which collateral assets, operators and slashing rules secure them.
Beefy Finance
Beefy Finance is a Multi Chain Yield Optimizer that enables users to get maximal return on their assets while removing the cost and hassle of daily harvest.
Cian
Cian automates leveraged staking and lending strategies inside vaults, rebalancing the positions as rates move. It runs on Ethereum, Mantle, Arbitrum, Optimism and Base.
Concrete
Concrete runs yield vaults that route deposits into lending and yield trading venues such as Morpho, Euler and Pendle. It operates on Ethereum, Arbitrum and Berachain.
Convex Finance
Convex Finance let you deposit your Curve LP tokens to earn Curve trading fees, boosted CRV and CVX tokens. Boost is pooled from CRV stakers so you do not need to worry about locking yourself.
Ethena
Ethena issues $USDe, a synthetic dollar backed by staked $ETH and $BTC hedged with short perpetual positions, and pays the funding carry to $sUSDe holders. It runs on Ethereum with bridges to Solana, Arbitrum and Base.
Exponent
Exponent splits yield-bearing tokens on Solana into principal and yield legs, so holders can lock a fixed rate or take a position on future yield.
Lagoon
Lagoon provides asynchronous vaults with built-in fee logic and reporting so curators can run tokenized strategies. It runs on Ethereum, Arbitrum, Base, Avalanche and Hyperliquid.
Mellow
Mellow provides modular vault contracts that curators configure with their own strategy and risk limits, including restaking allocations. It runs on Ethereum, Monad and Polygon.
Pendle
Pendle is a yield tokenization protocol that splits yield-bearing assets into separate principal and yield tokens, enabling users to trade future yield, lock in fixed rates, or speculate on yield movements.
PoolTogether
PoolTogether is a no-loss, audited savings game powered by blockchain technology. Interview with PoolTogether co-founder.
Spark
Spark is the Sky ecosystem lending market and savings layer, lending $USDS and $DAI against major collateral and paying the Sky Savings Rate. It runs on Ethereum, Base, Arbitrum and Gnosis.
Stake DAO
Stake DAO is a non-custodial platform that enables anyone to easily grow their crypto portfolio. It is built on top of decentralized blockchain protocols, offering a seamless way for people to grow, track, and control assets right from their wallet.
Superform
Superform is a self-custodial app for earning yield on dollars and holding tokenized United States stocks, built on the Superform vault protocol. It covers Ethereum, Base, Arbitrum, Optimism, Polygon, Avalanche and BNB Chain.
Upshift
Upshift lets fintechs and asset managers launch DeFi vaults with defined deposit assets and risk parameters, while professional managers run the strategies. It operates on Ethereum, Monad and Stellar.
Veda
Veda builds the BoringVault standard that exchanges and wallets embed to offer yield products, with whitelists and deposit permissions per vault. It runs on Ethereum, Optimism, Hyperliquid and Plasma.
Yearn.finance
Yearn.Finance automates yield-maximizing profit switching opportunities for liquidity providers and yield farmers.