In traditional finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the “underlying.”
Harvest automatically farms the highest yield available from the newest DeFi protocols, and optimizes the yields that are received using the latest farming techniques.
Hegic is on-chain options trading protocol, allowing you to buy ETH call and put options as an individual holder (buyer) or sell ETH call and put options as a liquidity provider.
mStable combine stablecoins and tokenized assets into higher-yielding instruments.
Opyn is the insurance layer for decentralized finance.
Yearn.Finance automates yield-maximizing profit switching opportunities for liquidity providers and yield farmers.
Chai it’s an ERC-20 token that lets you earn interest on Dai without requiring it to be locked in the Maker Dai Savings Contract.