Polaris is a triple-engine stablecoin protocol built to solve the stablecoin “Yield Trap”. By monetizing pETH volatility via a bonding curve, conversion mechanics, and CDP architecture, Polaris generates uncorrelated yield that scales as the system grows without counterparty or credit risk.
Polaris
|
DeFi、Stablecoin Protocol
| -- | Self-Scaling Stablecoin Operating System |
482
|
461
|
Tenbin is a decentralized on-chain market with the liquidity of TradFi and the utility of DeFi.
Tenbin
|
DeFi、RWA
| -- | On-chain tokenized market |
662
|
384
|
Fair Shares is the financial layer powering on-chain stocks and digital asset treasuries. Built to unify yield generation, on-chain stock distribution, and institutional-grade infrastructure, Fair Shares is designed to give enterprises and users a transparent, programmable financial system that works across chains.
Fair Shares
|
DeFi、RWA
| -- | The financial layer |
|
326
|
USA₮ is a USD-backed stablecoin developed by Tether, designed for the internet age, allowing for instant spending, transfers, and receipts.
USAT
|
DeFi、Stablecoin Protocol
| -- | Stablecoin developed by Tether |
|
273
|
River is building a chain-abstracted stablecoin system, connecting assets, liquidity, and returns across multiple blockchains. Through its core stablecoin, satUSD, users can achieve returns, leverage, and scale across diverse ecosystems. River's key feature is its pioneering omni-CDP module, allowing users to collateralize assets on chain A and mint satUSD on chain B—all without requiring cross-chain asset bridging.
River
|
DeFi、Lending、Stablecoin Protocol
| | Chain Abstraction Stablecoin System |
634
|
256
|
Infinex is a new crypto application launched by Synthetix, providing access to a variety of on-chain protocols, services and applications. It is unmanaged and uses a new security architecture centered on on-chain smart accounts and keys. Infinex was previously a decentralized perpetual protocol.
Infinex
|
DeFi、DEX、Lending、Derivatives
| | Crypto app designed for humans |
998
|
240
|
Doppler is an onchain protocol for launching tokens through various price discovery auctions. Applications integrate Doppler, configure their token launch parameters, and get to market faster than building in-house smart contracts. Teams like Zora, Paragraph, and Noice use Doppler to create new tokens by configuring inputs such as supply curves, vesting schedules, inflation mechanics, governance structures, and ongoing economics, such as fees and treasury management.
Doppler
|
DeFi、Launchpad
| | Custom markets for launching tokens |
724
|
226
|
Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully onchain open financial system with user built applications interfacing with performant native components, all without compromising end user experience. The Hyperliquid L1 is performant enough to operate an entire ecosystem of permissionless financial applications – every order, cancel, trade, and liquidation happens transparently on-chain with block latency <1 second. The flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX.
Hyperliquid
|
DeFi、Infra、Layer1、Derivatives
| -- | Performant L1 |
1,517
|
223
|
DreamCash is a decentralized trading platform on Hyperliquid.
Dreamcash
|
DeFi
| | Decentralized Trading Platform |
507
|
220
|
TermMax is a next-generation loan AMM offering one-click looping, range orders, fixed/variable rates, and customizable pricing curves. Within a single platform, TermMax simplifies DeFi borrowing, lending, and leveraging with one-click token trading, enabling predictable borrowing costs and stable returns.
TermMax
|
DeFi、Lending、Fixed Interest Rate Lending
| | Peer-to-peer bond protocol powered by ZK-Rollup |
362
|
210
|
Cygnus is the Web3 Instagram application layer and modular real-income layer. Its Instagram layer connects users to Web3, starting with the fast-growing Cygnus InstaPlay Hub and expanding to creator economy, data sovereignty, and AI integration. Cygnus Chain is powered by the Cygnus full-chain liquidity verification system (LVS), which ensures liquidity and provides distributed verification services, enabling users to earn staking income, LVS fees, and ecosystem incentives from on-chain and off-chain assets.
Cygnus
|
DeFi、Infra、Layer2
| | Instagram App Layer and modular real yield Layer |
392
|
188
|
HumidiFi is a “proprietary AMM” (prop AMM) that combines on-chain execution with institutional-grade market-making logic. HumidiFi aims to tighter spreads, deeper liquidity, and execution that outperforms both DEX and CEX competitors.
HumidiFi
|
DeFi、DEX
| | AMM DEX based on Solana |
657
|
184
|
trade.xyz is a perpetual platform that can be used to trade any commodity, including stocks.
trade.xyz
|
DeFi、Derivatives、Perp
| | Perpetual platform |
578
|
181
|
Lighter is a perpetual trading protocol that introduces a scalable, secure, transparent, non-custodial, and verifiable order book trading infrastructure within the Ethereum ecosystem. As an application-specific zk-rollup, it employs advanced cryptographic techniques and data structures. Lighter significantly improves the security and fairness of order book trading with its verifiable matching engine, ensuring scalable and efficient market price discovery. Thus, Lighter lays the groundwork for creating new, high-performance, and secure digital trading platforms.
Lighter
|
DeFi、Derivatives、Perp
| | Perpetual trading protocol |
1,212
|
176
|
Flying Tulip is building an onchain financial marketplace that unifies spot trading, derivatives, credit, a native stablecoin (ftUSD), and onchain insurance within a single cross‑margin system designed for capital efficiency and transparent risk management.
Flying Tulip
|
DeFi、DEX、Lending、Derivatives、Options、Perp
| | Intelligent trading protocol |
1,317
|
173
|
Elsa AI is an AI crypto co-pilot designed to help users make informed decisions with its cutting edge data and execution mechanism. Elsa AIenables autonomous agents to securely interact with blockchain infrastructure and user wallets, while interpreting user actions and executing them safely.
HeyElsa
|
DeFi、AI Agent、AI
| | AI crypto co-pilot |
556
|
170
|
Blackhaven is a liquidity engine based on MegaETH that maximizes returns by creating compound value for all participants and converting idle funds into on-chain yields.
Blackhaven
|
DeFi、Yield aggregator
| | Liquidity engine based on MegaETH |
|
166
|
The Uniswap is a decentralized exchange protocol that provides liquidity and facilitates the trading of tokens. It eliminates the need for trusted intermediaries and unnecessary forms of rent extraction, enabling safe, accessible, and efficient exchange activities.
Uniswap
|
DeFi、DEX
| | Decentralized trading protocol |
998
|
164
|
USD.ai develops a yield-bearing synthetic flatcoin backed by compute resources, AI hardware, and network nodes. It finances decentralized infrastructure assets like GPUs and cell towers to address liquidity gaps. The platform uses $USDAI token for transactions, offering yield through asset-backed stability.
usd.ai
|
DeFi、Stablecoin Protocol、AI
| -- | The yield-bearing synthetic dollar |
1,165
|
163
|
FOMO is a cross-chain trading application that allows users to trade across chains using a single account. Purchase any asset with a single click. No new wallet, no bridging, and no gas fees required.
fomo
|
DeFi
| | Cross-chain trading app |
834
|
163
|
Aster is a next-generation decentralized perpetual exchange built for everyone, committed to delivering a seamless, powerful, and truly decentralized on-chain derivatives trading experience. From one-click trading to smart automation and deep on-chain liquidity, Aster is rethinking how DeFi should work — simple, efficient, and built for users.
Aster
|
DeFi、DEX、Perp
| | Next-Generation Decentralized Perpetual Exchange |
1,141
|
158
|
Hurupay is an on-chain forex trading platform that transforms forex trading into programmable, transparent, and globally accessible software by enabling 24/7 instant exchange between USD and non-USD stablecoins in payroll and payments.
Hurupay
|
DeFi
| -- | On-chain forex trading platform |
138
|
148
|
ENSO is the connectivity layer of crypto. Connecting all ecosystems within one network, enabling application developers and users to express their desired outcome as an intent, allowing truly composable applications to be built without the necessity of building manual integrations.
Enso
|
DeFi、Chain Abstract、Intent
| | Intent engine powering the intent-centric future |
574
|
146
|
Lido is a liquid staking solution for blockchains. It enables users to stake their ETH and other proof-of-stake assets without locking their assets or maintaining infrastructure, while participating in on-chain activities such as lending.
Lido
|
DeFi、LSD
| | Liquid staking solution |
1,029
|
141
|
Ether.Fi is a liquid staking protocol that allows stakers to retain control of their keys while delegating staking to node operators and earning rewards. Ethereum stakers who use Ether.Fi are also granted an NFT representation of every validator generated. These NFTs enable the storage of metadata, which Ether.Fi hopes developers will use to create additional staking infrastructure.
Ether.Fi
|
DeFi、Restaking、LSD
| | Decentralized staking protocol |
1,103
|
137
|
Clearpool is a decentralized capital markets protocol wherein whitelisted institutions can borrow uncollateralized liquidity from a decentralized network of lenders. Clearpool users are granted the right to propose and vote on the future of the protocol.
Clearpool
|
DeFi、Lending
| | Decentralized capital markets protocol |
419
|
137
|
ANT.FUN is a decentralized trading platform. It not only provides basic cryptocurrency trading functions, but is also expanding into wider social and content areas. For example, it plans to launch short video and live broadcast functions, aiming to create an ecosystem integrating finance, social and content. It obtained the RIA license and STO license issued by the U.S. Securities and Exchange Commission.
ANT.FUN
|
DeFi、Socia Trading
| | Crypto trading platform |
441
|
134
|
Jupiter is a Solana-based DEX aggregator that aggregates liquidity for traders looking for the best possible prices with minimal slippage. Though Jupiter was initially conceived as a swap engine, the protocol has evolved significantly to include a number of different products for different kinds of users such as: Dollar-Cost Averaging (DCA), limit orders, perpetual trading, and, most recently, a launchpad.
Jupiter
|
DeFi、DEX、Derivatives、DEX Aggregator、Perp、Launchpad
| | DEX Aggregator |
1,592
|
134
|
Ethena is building derivative infrastructure to enable Ethereum to transform into the Global Internet Bond via delta-neutral positions on stETH, to create the first crypto-native, yield bearing stablecoin: USDE.
Ethena
|
DeFi、Stablecoin Protocol
| | ETH based delta-neutral stablecoin |
1,531
|
134
|
Everything is a trading tool fully integrated into Telegram, integrating perpetual futures, spot markets, prediction markets and payments into one platform.
Everything
|
DeFi、Tools
| -- | Telegram-based trading tool |
237
|
133
|