Best Crypto Lending (DeFi) Platforms for Token Terminal

Dai is a stable and decentralized currency that doesn't discriminate. Digital money is available to anyone, whether they are individuals or businesses. Digital money is a stable currency that you can control. Instantly generate Dai according to your terms. MakerDAO, an open-source project based on Ethereum blockchain and a decentralized autonomous organisation created in 2014, is MakerDAO. People around the globe who own MKR, the governance token, manage the project. MKR holders control the maker protocol and financial risks of Dai through a system that involves executive voting and Governance polling. This ensures stability, transparency, efficiency, and transparency. MKR voting weight is proportional the MKR staked by a voter in the voting contract, DSChief. In other words, the voter's decision-making ability is greater if there are more MKR tokens in the contract.

Venus allows the world's first decentralized stablecoin (VAI), built on Binance Smart Chain. It is backed by a variety of stablecoins without central control and can be used to fund a range of crypto assets. Funds that are held within the protocol may earn APY's based upon the market demand. The block earns interest and can be used to secure assets or mint stablecoins. With the Binance Smart Chain, you can tokenize your assets and receive portable vTokens. These tokens can be used to transfer other users to cold storage or moved around freely. You can instantly borrow from the Venus Protocol using your vToken collateral. There are no trading fees, slippage, and you can use them directly on-chain. You have global liquidity on-demand with Venus.

Ethereum is the community-run technology that powers the cryptocurrency, Ethereum (ETH), and thousands of decentralized apps. Ethereum is a technology that allows for digital money, global payments, as well as applications. The community has created a vibrant digital economy, new ways for creators of online income, and many other benefits. It's accessible to anyone, anywhere in the world. All you need is the internet. Today, billions cannot open bank accounts and others have their payments blocked. The Ethereum decentralized finance system (DeFi), never sleeps nor discriminates. You can send, receive and borrow money anywhere in the world with an internet connection. We can now access 'free' internet services without having to give up our personal data. Ethereum services are available by default. You only need a wallet. These services are free and easy-to-set up. They can be controlled by you and work without your personal information. Stake your ETH to become an Ethereum validator. Staking is a public good for the Ethereum ecosystem. You can help secure the network and earn rewards in the process.

Bancor is a protocol to create Smart Tokens. This new standard allows cryptocurrencies to be converted directly through smart contracts. Bancor is an onchain liquidity protocol that allows automated, decentralized exchange across all blockchains. The Bancor Protocol, a fully on-chain liquidity protocol, can be implemented on any smart-contract-enabled blockchain. The Bancor Protocol is an open source standard for liquidity pools. These pools provide an endpoint to automated market-making (buying and selling tokens against smart contracts). Bancor Network operates currently on the Ethereum and EOS Blockchains. However, the protocol is designed for interoperability with other blockchains. Our implementation can easily be integrated into any application that allows value exchanges. Our implementation is open-source and permissionless. Ecosystem participants are encouraged and encouraged to contribute to the Bancor Protocol.

mStable, an open and decentralized protocol, unites stablecoins lending and swapping into a single standard. Non-custodial and autonomous stablecoin infrastructure. mStable combines trading fees with lending income to produce higher yielding assets. mStable places smart contract security as its first priority. Consensys Diligence thoroughly audited the mStable protocol and found no critical bugs. MTA holders have staked tokens to vote for proposals. mStable is governed and managed by them. mStable's governance is based on a process that reaches consensus in progressively more concrete stages. Proposals and ideas can be shared on Discord or the public forum and then finalized by MTA holders through on-chain signalling. mStable is a collection non-custodial, autonomous, and descentralice smart contracts. It is built on Ethereum. mStable assets, also known as mAssets, are a type of underlying value peg that can be minted/redeemed via smart contracts on-chain.

Liquity allows you to take 0% interest loans against Ether as collateral. LUSD is a USD pegged stablecoin. Loans must have a minimum collateral ratio (110%) The collateral is not the only thing that is secured. Loans are also secured by a Stability Pool, which contains LUSD, and by fellow borrowers acting as guarantors-of-last resort. Learn more about Liquidations. Liquity is a protocol that is non-custodial and immutable. It is also governance-free. The product layer of Liquity is as decentralized and flexible as its smart contracts. Third party operators manage all frontends and are paid LQTY rewards. Liquity was designed to be a complete system that can run itself without human intervention. No one can modify or upgrade contracts, and no one has special access.

Compound is an algorithmic autonomous interest rate protocol designed for developers. It unlocks a wide range of financial applications. You and your users will enjoy higher returns. Your application can automatically earn the current market rate for balances. You can earn interest by putting money into your product. Earn by the block. Expand functionality without sacrificing liquidity Tokenize balances. You can withdraw assets at any time or transfer balances into cold storage, to other users, etc. While assets are in cold storage, earn interest. No trading fees, no slippage, no problem. Tap into the Compound Protocol to gain access to a global liquidity pool for each asset. The Compound Protocol lends assets without a time limit; balances can be repaid at any time, and interest accumulates per block on the Ethereum network.

The most powerful open trading platform available for crypto assets. You can open short or leveraged positions up to 10x. Trade on Margin or Perpetuals You can borrow any supported asset directly from your wallet. Existing crypto holdings can be used as collateral. You can earn interest over time by depositing funds. Variable interest guarantees you always get the market rate. Manage, monitor, and close margin positions. Track portfolio performance over time. Trade with no counterparty risk. You have complete control over your funds at all times. dYdX aggregates spot liquidity and lending liquidity across multiple exchanges. Trade on margin with up 4x leverage Any supported collateral can be used to back your positions. No sign up is required. Trade instantly from anywhere in the globe. Powered by Ethereum Smart contracts. Built by the best.

Aave is an open-source, non-custodial liquidity protocol that earns interest on deposits and borrowings. Aave is a non-custodial, decentralized money market protocol that allows users to participate as either depositors or borrowers. To earn passive income, depositors provide liquidity to market participants to generate passive income. Borrowers can borrow in either an overcollateralized or undercollateralized fashion (perpetually) to obtain a loan. Aave is committed to security and we constantly improve our protocol. The funds are kept in a non-custodial smartcontract on the Ethereum blockchain. Your wallet is yours to control. Code auditable and regulated. Aave Protocol has conducted audits using trail of bits, open Zeppelin, consensys diligence and certora to ensure top-notch security. All audits are available publicly.

Synthetix, a decentralised protocol for issuing synthetic assets, is built on Ethereum. These synthetic assets are secured by the Synthetix Token (SNX), which, when locked in the contract, enables the issuance synthetic assets (Synths). This pooled collateral model allows users to convert Synths directly using the smart contract without the need for counterparties. This mechanism solves liquidity and slippage problems experienced by DEX's. Synthetix currently supports synthetic fiat currencies as well as cryptocurrencies (long- and short-term) and commodities. SNX holders are encouraged to stake their tokens because they receive a pro-rata share of the fees generated by activity on Synthetix.Exchange. This is based on their contribution towards the network. It is the right of participation in the network and the ability to capture fees from Synth exchanges. From this, the value of the SNX token can be derived. The trader does not need to have SNX to trade on Synthetix.Exchange.

Notional is an Ethereum protocol that allows for fixed rate, fixed term lending, and borrowing crypto-assets via a new financial primitive called fCash. Fixed rate financing is available to all segments of the financial markets. Fixed interest rates are used to issue the majority of US debt. They provide certainty and reduce risk for market participants. Notional provides this capability to the Ethereum-based decentralized financial system and allows crypto users to have the same access to stable financing. fCash allows Notional users to make commitments to transfer value at certain points in the future. It is a simple and reliable way to do this. Trading fCash enables users to move value back-and-forth through time. This opens up a new dimension to the financial design space on Ethereum. Notional was created by a group of stakeholders who have expertise in technology, trading and security. It was launched in 2020.

Yearn Finance is a set of products in Decentralized Finance that provide lending aggregation and yield generation as well as insurance on the Ethereum blockchain. The protocol is maintained and governed by YFI holders. The first Yearn product was a loan aggregator. As interest rates change between the protocols, funds are automatically shifted between AAVE, dYdX and Compound. These smart contracts are available for deposit via the Earn page. This product optimizes the interest accrual process to ensure end-users receive the highest interest rates across all platforms. Capital pools that automatically generate yield according to market opportunities. Vaults are beneficial to users because they socialize gas costs and automate the yield generation and balance process. They also automatically shift capital when opportunities arise.

Handpicked by a decentralized group of economically incentivised talents. Active yield-generating strategies behind closed doors will maximize returns. Automated. It is accessible. The community oven saves 97% on minting gas. Secure architecture and fully audited contract. Complete redesign of the governance system for token holders. Vote on key DAO issues and get paid every month for your work. Our products do exactly what they claim: diversify your portfolio, make you money. We propose to actively manage our treasury and generate more revenue from liquidity pools across Balancer (Uniswap), Curve (Curve), and Sushiswap.

Alchemix Finance, a community DAO and future-yield-backed synthetic assets platform, is Alchemix Finance. You can receive advances on your yield farming through a synthetic token, which represents a fungible claim to any underlying collateral in Alchemix protocol. The DAO will fund projects that will grow the Alchemix ecosystem, as well the wider Ethereum community. Alchemix allows you to reimagine DeFi's potential by offering flexible instant loans that can be repaid over time. Future yield is the backing for the synthetic protocol token (alUSD). Join the growing wave that is Alchemy. It's your destiny! Deposit DAI to mint alUSD - a synthetic stablecoin that tokenizes future yield. Your yearn.finance vaults collateral will automatically repay your advance over time. Yield earned Transform alUSD into DAI 1-to-1 Alchemix, or trade it on decentralized marketplaces such as Sushiswap and crv.finance.

Find the best DeFi investment managers and automated strategies. You will have access to the best assets on Polygon and also be able to earn a yield with farming strategies. Market neutral yield farming strategies can help you earn a steady yield on Polygon. Stable returns, regardless of market conditions. Synthetix powers trade synths on Ethereum. There is no slippage. dHEDGE aims at creating an unstoppable protocol that allows asset management to be done without permissions. The Synthetix derivatives liquidity protocol powers dHEDGE portfolios. dHEDGE connects traders and investment managers with investors who can match their strategy. dHEDGE smart contracts ensure that investment managers cannot withdraw investor funds.

Centrifuge bridges assets such as invoices, real property, and royalties to deFi. Borrowers can finance real-world assets directly without the need for banks or intermediaries. Everyone can access liquidity. Investors receive a return plus CFG rewards. The Centrifuge peer to-peer (P2P), network allows for secure data exchange, verification, and tokenization between collaborators. Service providers can access the asset information and can contribute to the NFT. Asset originators can share the details of their assets with selected service providers. Cryptographic signatures can be used to verify the data origin. The components of the P2P network can be implemented on libp2p. Centrifuge Chain is used to (i) maintain identities in a similar format as the ERC725 standard; (iii), anchor state commitments and (iii). mint NFTs from offchain documents. These NFTs can be used to bridge to Ethereum and be used as collateral to Tinlake to finance these assets.

The liquidity endpoint for DeFi on Ethereum and BSC. The 0x API is a professional-grade, liquidity aggregator that will enable the future of DeFi apps. Smart order routing allows you to split your transaction across multiple decentralized exchange networks, ensuring that your transaction has the lowest slippage. Competitive pricing via 0x's RFIQ system. Allows for peer-to-peer liquidity and limit orders free of charge. Access AMM liquidity you won't find anywhere else. We have everything you need, so don't worry about finding new sources. We offer better prices, faster response times and lower revert rates than any other market aggregator. Automatedly create orders that can be passed through your smart contracts and settled on-chain. Matcha is a global search engine for liquidity markets and markets that allows users to trade tokens at a best price using a world-class interface.

FEI is a new stablecoin. It is more capital efficient, has fair distribution, is fully decentralized, and is more efficient than other stablecoins. To maintain liquid secondary markets, the protocol uses the value it controls. The governance token that manages the protocol is TRIBE. TRIBE is governance that is minimally required for maintenance of pegs, but with a focus on upgrades and integrations. The supply of FEI stablecoin is unlimited and tracks demand. FEI is sold along a bonding curve. This curve is fixed at the $1 peg. Users can purchase FEI on the bonding curve if there is a new demand. To reward early adopters of FEI, the price function will be low. Fei Protocol will allow the creation of bonding curvatures denominated by any ERC20. Only one curve will be launched, and it will be denominated only in ETH.

CREAM Finance is a DeFi platform that provides lending, exchange, payment, asset tokenization, and payment services. CREAM operates an open-source protocol that is permissionless and anonymous so anyone can participate in the development of the network. CREAM's primary goal is financial inclusion. The goal is to achieve this without compromising the safety and security for each user and their assets. CREAM is a blockchain-based project that can use smart contracts to run Ethereum Virtual Machines. This setup allows CREAM to be more composable than other DeFi projects. EVMs are also able to help community users create their own decentralized apps (Dapps), on top of the network. At the moment, however, the community has not provided any details about their plans.

Instadapp lets developers and users manage and build their DeFi portfolios - the most advanced platform for leveraging the full potential Decentralized Finance. Users can manage and optimize funds using smart contract accounts. We make sure that your funds are secure and protected by ensuring that no one can access them. This tool is for developers who want to create extensible use-cases that can be used with maximum security. You can create compelling use-cases, and then monetize them to make money. This will allow you to serve your users with high reliability. Start with your own use-case. Javascript allows you to execute quickly. All developer teams are welcome. You can create powerful use cases for your users using javascript code.

Curve DAO will enable liquidity providers to make decisions about adding new pools, changing pool parameters, and other aspects of Curve. Its primary goal is to allow users and other decentralized protocols to exchange stablecoins (DAI-USDC, for example) with low fees and minimal slippage. Curve's behavior is unique, as it uses liquidity pools such as Uniswap to match buyers and sellers, unlike other exchanges. Curve requires liquidity (tokens), which is rewarded to those who provide it. Curve is not custodial, meaning that Curve developers don't have access to your tokens.

Vesper offers a range of yield-generating products that are focused on accessibility, optimization, longevity. You can easily grow your digital assets. Vesper helps you stay on-strategy and help you HODL better. Currently, we offer conservative pools for USDC, WBTC and ETH. Earn one crypto and keep the rest! Ideal for income-generating strategies. Profit from crypto's highest stable earnings along with your DeFi holdings. Earn revenue from the fees of a pool that our community loves.