DeFi
Cardano decentralized finance: DEXes and aggregators, lending and borrowing markets, stablecoins, synthetics, yield and index products, derivatives and prediction markets.
WingRiders
WingRiders is a Cardano decentralized exchange offering token swaps, stable swaps, liquidity provision and yield farming, with direct hardware-wallet support.
HOSKY Token
HOSKY is a Cardano memecoin offered explicitly for entertainment with no intrinsic value, whose ecosystem includes the Fetch DEX aggregator and a set of stake pools that pay HOSKY rewards.
DexHunter
DexHunter is a Cardano DEX aggregator that compares prices across more than ten exchanges, including Minswap, SundaeSwap and WingRiders, and routes each trade to the best available rate.
Indigo Protocol
Indigo Protocol lets users mint and trade synthetic assets on Cardano, tracking the price of off-chain assets through collateralized positions, and is governed by its INDY token holders.
Minswap
Minswap is a multi-pool decentralized exchange on Cardano offering token swaps, liquidity provision, yield farming and community governance.
Genius Yield
Genius Yield is a Cardano DeFi protocol combining an order-book decentralized exchange with automated, concentrated liquidity management for liquidity providers.
Empowa
Empowa is a housing-finance platform that channels institutional capital into rent-to-own homes for families in emerging markets who cannot access traditional mortgages, backed by a first-loss reserve.
COTI
COTI is a payments and privacy infrastructure company that has worked closely with Cardano, including issuing the Djed stablecoin and providing payment rails.
MuesliSwap
MuesliSwap is a Cardano decentralized exchange built around an on-chain order book, with token swaps, liquidity provision and an NFT marketplace alongside it.
Liqwid Finance
Liqwid is a non-custodial liquidity market on Cardano where users supply assets to earn interest and borrow against their deposits at algorithmic rates.
Revuto
Revuto is a subscription-management app that lets users start, snooze or cancel recurring subscriptions and pay for them with crypto or a virtual card.
SundaeSwap
SundaeSwap is a Cardano decentralized exchange for swapping tokens and providing liquidity, built by Sundae Labs alongside its other ecosystem tools.
Strike Finance
Strike Finance offers on-chain perpetual futures trading on Cardano with leverage, and pays staking rewards in layer 1 tokens and stablecoins.
Dotare
Dotare is a Cardano endowment protocol where pledged ada funds a monthly universal basic income paid to participants, who can join as benefactors, beneficiaries or both.
Atomic Swap
Atomic Swap is a peer-to-peer trading tool for Cardano that lets two parties swap assets directly from their own wallets, modelled on in-game player trade windows.
ADADAO
ADADAO is a Cardano DeFi protocol built around an interest-free stablecoin that users mint against collateral, with staking available through the project's site.
Bynet Protocol
Bynet Protocol is an order-book based decentralized trading protocol on Cardano aimed at traditional finance instruments, and also ships its own light wallet.
Optim Finance
Optim Finance is a yield aggregator for Cardano that runs automated strategies in vaults on behalf of depositors.
Djed Alliance
The Djed Alliance is the open group behind the Djed stablecoin protocol, coordinating the implementations built on it across Cardano and other chains.
GenWealth
GenWealth is a crypto inheritance protocol that lets holders pass assets to chosen recipients, or recover them, without handing over keys in advance.
Spectrum Finance
Spectrum Finance is an open-source cross-chain decentralized exchange that supports native swaps between ada, ERG and ETH, plus liquidity mining.
VyFinance
VyFinance is a Cardano DeFi protocol offering automated yield strategies driven by its neural-net aggregation engine, alongside staking products.
Snek
Snek is a Cardano memecoin and community brand, with its token and creator-driven culture at the centre rather than a financial product.
Trading Tent
Trading Tent is a peer-to-peer swap service for Cardano assets, letting two strangers barter NFTs and tokens in a single verified trade.
Blueshift
Blueshift is a portfolio-based decentralized exchange offering low-fee swaps, with ADA among the assets it supports across chains.
FluidTokens
FluidTokens is a permissionless lending protocol on Cardano where users borrow against tokens and NFTs without an intermediary.
Foreon Network
Foreon Network is a decentralized prediction market on Cardano where users take positions on the outcome of real-world events.
Butane
Butane is a decentralized synthetic asset protocol on Cardano for minting and managing synthetic exposure to other assets.
Moneta
Moneta issues USDM, a fully reserved, fiat-backed stablecoin native to Cardano and redeemable one-for-one for US dollars.
MAYZ Protocol
MAYZ is a Cardano protocol for permissionless index funds, letting anyone launch or invest in a basket of tokens.
anetaBTC
anetaBTC is a protocol for wrapping Bitcoin so that it can be used inside the Cardano and Ergo DeFi ecosystems.
deFire
deFire is a smart order routing engine for Cardano DeFi that splits trades across venues to improve execution.
CSWAP DEX
CSWAP is a decentralized exchange in the Cardano ecosystem offering token swaps and liquidity provision.
Bodega Market
Bodega Market is a prediction market on Cardano where users trade on the outcomes of real-world events.
Splash Protocol
Splash is a capital-efficient trading protocol on Cardano with an open-sourced order execution engine.
Ensuro
Ensuro is a digital reinsurance protocol that provides capital for embedded insurance products.
Questions
Frequently asked questions
What counts as defi?
Cardano decentralized finance: DEXes and aggregators, lending and borrowing markets, stablecoins, synthetics, yield and index products, derivatives and prediction markets.
What counts as defi on Cardano?
Cardano decentralized finance: DEXes and aggregators, lending and borrowing markets, stablecoins, synthetics, yield and index products, derivatives and prediction markets.
How do I know a project is safe?
Look for a public team, a published audit, open-source code, and a token policy ID you can verify on a Cardano explorer. Never connect a wallet to a site you reached from an unsolicited link.