### Top Companies
1. Aave
Aave (AAVE), initiated in 2017 under the name ETHLend, is one of the original DeFi platforms on the market. Aave is a decentralized liquidity platform that allows for borrowing assets and earning rewards on deposits. It brings together lenders and borrowers in a decentralized space to allow for an equal opportunity lending system. You can also earn rewards and discounts by staking the AAVE coin on the Aave DeFi platform.
2. Avalanche
Avalanche (AVAX) markets themselves as “the fastest smart contracts platform in the blockchain industry,” while also solidifying their place in the booming NFT space and building connectivity with other blockchain projects such as SushiSwap (SUSHI), Chainlink (LINK), and the Graph (GRT). The project positions itself as a direct rival to Ethereum due to its ability to provide cheaper transactions in a fraction of the time. Avalanche recently completed $230 million in funding to support its DeFi initiatives, making it a compelling place for DeFi projects to set up shop.
3. Cardano
Cardano (ADA), one of the world’s largest blockchain projects, is sometimes called the “Green Blockchain” because of its impressive energy use reports and proof of stake protocol. Cardano announced last month that it’s getting an ecosystem boost from its recent $100 million investment in decentralized finance, NFTs, and blockchain education.
4. Chainlink
Chainlink (LINK) is a decentralized oracle service that aims to connect smart contracts with data from the real world using oracle technology. Chainlink recently announced the launch of a Programmable Token Bridge that will allow for new communication between DeFi blockchains. This will help DeFi to properly scale and avoid the bottlenecks holding back the earlier generations of blockchain projects.
5. Polkadot
Polkadot (DOT) facilitates an internet where independent blockchains can exchange information and transactions in a trustless way via the Polkadot relay chain. This makes Polkadot, and projects who choose to build on Polkadot, much faster and scalable than Ethereum’s current offering. By acting as a foundation for DeFi projects to build upon, it’s aiding the growth and potential of the network as a whole.
6. Terra Luna
Terra Luna (LUNA) is a next-generation smart contract platform that combines decentralized finance with the concept of stablecoins. Its platform supports stablecoins that offer instant settlements, low fees, and seamless cross-border exchange. Luna functions as the volatile backbone that keeps Terra, its stablecoin sibling, balanced and grounded. Adding the emerging popularity of DeFi to the serious attention stablecoins are getting — from consumers and governments alike —makes LUNA one to watch.
7. Polygon
Polygon (MATIC) is one of the most well-adopted and fastest-growing Ethereum Layer 2 scaling solutions and decentralized application ecosystems. It boasts features such as interoperability, scalability and security. Basically, Polygon adds a few traffic lanes to the heavily traveled Ethereum Layer 1 highway. The majority of DeFi projects are currently housed on the Ethereum blockchain. Therefore, less congestion on Ethereum means faster speeds and more benefits for the DeFi ecosystem.
8. Solana
Solana (SOL) is revolutionizing consensus mechanisms (how platforms verify transitions — ”yep, that trade happened.”) with its proof of history concept. This means that, instead of mining or staking on the platform to validate transactions, all transactions are proven true by a time stamp on the blockchain. Solana is known as Ethereum’s main competitor because it provides fast speeds while still being a Layer 1 platform, meaning it doesn’t need any help from another platform to perform these quick transactions.
9. Synthetix
Synthetix (SNX), a rapidly growing decentralized exchange, is enabling crypto to be traded for stocks, currencies, commodities, and other assets that are still dominated by the traditional financial institutions of Wall Street, London and Hong Kong. Its most unique feature is that it allows users to mint their own synthetic assets, called “synths," allowing exposure to fiat, derivatives, cryptocurrencies and different asset classes. Examples include Bitcoin, euros, USD, Tesla stocks, gold, etc. This means that users can bet on the price of an asset without having to hold the actual asset, which has turned Synthetix into one of the hottest DeFi products available.
10. Uniswap
Uniswap (UNI) is a decentralized exchange that allows users to buy and provide liquidity directly from crypto wallets at minimal costs. Its AMM (automated market maker) provides ample liquidity for robust traffic and fast trading on its platform. Due to its popularity, Uniswap’s native token, UNI, can be found on investment platforms outside of the DeFi network, like Voyager.
### Companies to look out for
1. Aave - an open source and non-custodial protocol to earn interest on deposits & borrow assets
2. Akropolis - an under collateralized lending protocol aiming at DeFi yield optimisation and interest-rate sharing
3. B.Protocol - a backstop liquidity protocol aiming to make decentralized lending platforms more stable by introducing a backstop liquidity solution
4. Beta Finance - a permissionless money market protocol for lending, borrowing, and shorting any crypto asset
5. BiFi - a mutichain DeFi protcol that offers lending, staking, and pooling services
6. bZx - a decentralized protocol that enables lending and borrowing for margin trading
7. Centrifuge - an on-chain risk assessment and pooling infrastructure for borrowing against illiquid assets such as invoices, real estate, and commodities.
8. Compound - an open-source money market protocol on Ethereum that lets users lend or borrow assets against collateral
9. Cream.Finance - a Compound based open-source lending platform
10. DeFiner - a globally available, decentralized lending marketplace to securely borrow and lend digital assets through smart-contracts
11. Fortube - an open financial platform providing a wide range of financial services including lending, banking and stablecoins
12. Impermax - a DeFi ecosystem that enables liquidity providers to leverage their LP tokens
13. Inverse finance - a DAO that offers capital efficient lending, borrowing, and synthetic assets. Also offers passive investment in tokens using a Dollar-Cost Averaging strategy using stablecoin yield.
14. Kava - a lending platform that accepts a wide range of digital assets for collateral as well as lending & borrowing
15. Liquity - a decentralized non-custodial, immutable and governance-free borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD - a USD pegged stablecoin, and need to maintain a minimum collateral ratio.
16. Maker - a decentralized credit platform on Ethereum that supports Dai, a stablecoin whose value is pegged to USD and backed by digital assets as collateral
17. Maple Finance - a corporate debt marketplace that enables institutions to borrow from Liquidity Pools funded by the DeFi ecosystem and managed by Pool Delegates.
18. Notional - a fixed rate & term financing protocol using novel interest rate curves to reduce slippage
19. QiDao - a defi protocol built on polygon that allows users to borrow stablecoins interest-free against their crypto assets
20. Ramp Defi - a DeFi protocol that allows users to deposit staked capital and collateralize it for rUSD lending/borrowing
21. Rari Capital - a yield farming protocol that rebalances users holdings across a series of DeFi protocols
22. Reflexer - a non pegged stable assets protocol managed by on-chain, governance minimized, smart contract controllers
23. Ruler - a lending platform where users can borrow their preferred cryptocurrency using any other cryptocurrency as collateral without the risk of liquidation
24. Strike - a decentralized money market that enables variable based rates for supplying digital asset collaterals to the protocol and from borrowing digital assets from the protocol with over-collateralized assets
25. Swap Rate - a DeFi interest rate swap tool built on the Opium protocol
26. Truefi - an on-chain credit protocol for collateral-free lending
27. Warp Finance - a DeFi platform that allows users to deposit LP tokens and take out stablecoin loans against them
28. Wasabix Finance - a cross chain yield-backed synthetic asset and AMM DEX platform
29. WePiggy - an open source, non-custodial crypto asset lending market protocol
30. Wing Finance - a credit-based DeFi system that supports cross-chain digital asset lending
31. Yield Credit - a P2P fixed-rate lending dapp with incentivized borrowing & lending
32. Yield Protocol - a protocol offering collateralized fixed-rate, fixed-term borrowing and lending and an interest rate market
33. 0x - a protocol for p2p exchange of tokenized assets
34. AirSwap - a peer-to-peer trading network powered by Ethereum
35. Balancer - a non-custodial portfolio manager, liquidity provider, and price sensor
36. Bancor - a protocol on Ethereum for non-custodial token exchange using pooled liquidity
37. Clipper - a decentralized exchange (DEX) built to give the self-made crypto trader the best possible prices on small trades (< $10k)
38. Curve - a decentralized exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading.
39. DeversiFi - a high-speed, non-custodial Layer 2 exchange built with STARKs technology, allowing for 9,000+ tps with deep liquidity, low fees, privacy and speed.
40. DEX AG - a trading interface that aggregates & delivers the best price across all DEXes
41. Dodo - a capital-efficient on-chain liquidity provider powered by the Proactive Market Maker (PMM) algorithm
42. Energiswap - a decentralized exchange and crypto swap protocol built on the Energi blockchain
43. Gnosis Protocol - a fully decentralized trading protocol that allows anyone to add any trading token pair
44. Honeyswap - a fork of the decentralized exchange uniswap, built on the xDai Chain
45. Idex - a decentralized L2 exchange combining the performance and speed of centralized exchanges with the security of a DEX.
46. Integral - an AMM based DEX that seeks to absorb liquidity from existing exchanges and offers capital efficient trading/liquidity provision
47. Jelly Swap - a peer to peer trading tool across different blockchains using atomic swaps
48. KLAYswap - an AMM based DEX built on the Klaytn chain
49. KyberSwap - a permissionless cross-chain atomic swap protocol, enabling trading of tokens across different chains
50. YF Link - a community project building multiple DeFi products and services, targeted towards LINK holders, starting with the LinkSwap DEX
51. Local Ethereum - a non - custodial peer-to-peer ETH marketplace featuring end to end encryption and on -chain escrow.
52. Loopring DEX - a non-custodial Layer 2 DEX built on top of the Looping protocol
53. Materia - an on-chain decentralized exchange based on DFOHub protocol
54. Moonswap - an AMM DEX running on Ethereum L2 and supported by Conflux Network
55. mStable - a single standard unifying stablecoins swapping and lending protocol that also reduces friction and fragmentation
56. O3 Swap - a cross-chain aggregation protocol, allowing users to access multi-chain liquidity sources on one platform
57. Quickswap - a decentralized Auotmated Market Maker (AMM) exchange built on polygon
58. Radar Relay - a non custodial trading platform sourcing liquidity from different venues as well as its own order book
59. Saddle - an automated market maker for pegged value crypto assets
60. S.Finance - an automated market maker liquidity pool on Ethereum designed for efficient stablecoin trading
61. Sushiswap - an automatic market maker (AMM) DEX based on a Uniswap fork
62. Swapr - an open-source multi-chain DEX with adjustable fees and free transaction routing to other AMMs.
63. Tokenlon - a DEX with off-chain matching, and on-chain settlement via 0x
64. Uniswap - a fully decentralized on-chain protocol for token exchanges on Ethereum that uses liquidity pools instead of order books
65. ZKSwap - a token Swap protocol based on Automated Market Maker that utilizes ZK-Rollup technology to provide scalablitiy and privacy
66. Augur - a decentralized oracle and peer-to-peer protocol for prediction markets on Ethereum that lets anyone create a market around the outcome of any real-world event
67. BarnBridge - a fluctuations derivatives protocol for hedging yield sensitivity and market price
68. CompliFi - a derivatives issuance protocol combined with an Automated Market Maker (AMM)
69. CVI - a crypto volatility index that works as a decentralized version of VIX for the crypto market
70. dYdX - a non-custodial trading platform on Ethereum geared toward experienced traders
71. Injective Protocol - a layer-2 DEX for trading crypto and synthetic asset markets with zero gas fees
72. Jarvis Network - a set of protocols on Ethereum to issue and trade multi-collateralized synthetic assets, with a primary focus on synthetic fiat
73. Leverj - a secure and decentralized high performance plasma based exchange
74. MCDEX - a decentralized derivatives trading platform for perpetuals & futures
75. Mettalex - a blockchain-agnostic decentralized commodity derivatives exchange
76. Ocean Protocol - a decentralised data exchange protocol which enables data providers to monetise their private data using compute-to-data technology
77. PerlinX - a synthetic asset generation & decentralized liquidity pools trading implementation of the UMA protocol
78. Perpetual Protocol - a decentralized perpetual contract protocol for all assets, featuring an on-chain Virtual Automated Market Maker (vAMM)
79. Ren - a provider of inter-blockchain liquidity for all decentralized applications
80. Saddle - an automated market maker for pegged value crypto assets
81. Saffron Finance - a peer to peer risk matching engine for decentralized finance liquidity providers
82. Solv - a protocol for creating, managing, and trading Vouchers - a single NFT that can be split into multiple, independent non-fungible derivative instances, and vice versa.
83. Synthetix - a decentralized platform on Ethereum for the creation of Synths: on-chain synthetic assets that track the value of real-world assets
84. UMA - a decentralized protocol to enable the creation, maintenance, and settlement of financial contracts for any underlying asset
85. weiWard - an on-chain repo where users can gain exposure to tokenized ETH gas without intermediaries using its ETH gas AMM
86. ACO - a decentralized and non-custodial options trading protocol
87. DopeX - a decentralized options protocol geared towards options buyers
88. Hegic - an on-chain peer-to-pool options trading protocol built on Ethereum
89. Lien - a protocol for creating Options and Stablecoins out of ETH
90. Opyn - a capital efficient DeFi options trading protocol
91. Pods - a decentralized non-custodial options protocol that allows users to create calls and puts and trade them in the Options AMM
92. Primitive - a decentralized options market protocol
93. Shield - a decentralized protocol for trading perpetual options based on a non-cooperative game network
94. Siren - a distributed protocol for creating, trading, and redeeming fully-collateralized options contracts for any ERC-20 token on Ethereum
95. Flexa - a payment network that enables merchants to accept digital currencies without the risk of fraud or volatility through off-chain collateralization.
96. Fuse - a blockchain payment integration for businesses
97. Request Network - an open network for transaction requests. It allows anyone to create, store and access invoices and receipts in a universal, decentralized network.
98. Sablier - a real-time finance protocol built on Ethereum that enables continuous, autonomous and trustless payroll.
99. Alpha Wallet - a mobile-based wallet built for Dapps. Do everything with only a few taps.
100. Argent - a secure smart contract wallet built for simplicity, security and usability.
101. Ash - a wallet interface focused on DeFi asset management powered by Melon Protocol
102. Atomex - a multicurrency HD wallet with built-in hybrid atomic swap exchange
103. Coinbase Wallet - a non-custodial, DeFi enabled mobile wallet that lets you securely store your tokens and collectibles
104. DEXWallet - a mobile wallet for decentralized finance
105. Dharma - an Ethereum non-custodial DeFi wallet
106. Eidoo - a non-custodial wallet that allows users to store, exchange and transact crypto assets with a wide range of DeFi services and tools
107. Gnosis Safe - a secure way to manage funds and interact with decentralized applications on Ethereum
108. HB Wallet - a non-custodial DeFi-enabled wallet available on multiple platforms
109. Infinity Wallet - a user-friendly, multi-currency and convenient DeFi & crypto wallet on desktop and mobile
110. Math Wallet - a multi-chain non-custodial wallet with embedded browser functionality and DApp store
111. Meet.One - a multi-chain DeFi wallet, non-custodial and easy-to-use
112. Monolith - a decentralised banking alternative, powered by Ethereum
113. Mover - a wallet with a debit card that enables users to trade, store, send, and earn interest on their crypto
114. My Crypto - an easy to use app that helps you create, import, and manage all your wallets
115. My Ether Wallet - a free, easy-to-use and open-source client-side interface that helps you interact with the Ethereum blockchain
116. MyKey - a secure multi-chain smart wallet, with trading & Defi features.
117. Pillar Wallet - a next generation smart wallet with its own L2 payment network and multiple native DeFi integrations
118. Poketto - a wallet that you can actually show to your parents
119. Unstoppable Wallet - a non-custodial, open source and cross platform wallet, featuring advanced management & analytical tools
120. APY Vision - a dashboard to view and manage your liquidity pools and track yield farming rewards
121. DeBank - an all-in-one DeFi wallet with on-chain DeFi stats
122. DeFi Saver - a one-stop management app for DeFi protocols, focused on creating and managing leveraged or yield farming positions, with unique automated asset management and liquidation protection features.
123. DeFi Snap - a simple dashboard that helps visualize all DeFi assets and liabilities
124. Dex Guru - a trading terminal that brings together permissionless, real-time data on DEX markets, on-chain research, analytics, and trade execution capabilities
125. DEXKIT - an under-construction DeFi next-gen toolkit that will offer powerful decentralized trading, storing and market-making tools, starting with a SWAP aggregator using 0x API to aggregate best prices from 14 of the most popular DEXes
126. Frontier - a mobile interface integrating all DeFi Protocols and Wallets, enabling users to Track, View & Manage positions in real-time without giving away their private keys
127. InstaDApp - an intuitive interface on top of the MakerDAO protocol that’s optimized for users lacking advanced technical or financial experience
128. Zapper - an interface where users can manage their DeFi assets and liabilities
129. Zerion - an easy to use trustless banking interface utilizing popular DeFi protocols
130. Alpha Homora - a leveraged yield farming/liquidity providing protocol on Ethereum. Alpha Homora is the first product by Alpha Finance Lab
131. Betoken - An open crypto fund managed by code and meritocracy
132. Charm - an ecosystem of DeFi products including options, leverage tokens, and liquidity managment vaults
133. CoreVault - a yield farming protocol, with a deflationary token as well as unique permanent lock-up feature
134. DEXTF - a decentralised asset management protocol that enables users to hold & trade different digital assets
135. dHEDGE - a decentralised asset management protocol on the Ethereum blockchain enabling capital allocation through transparently tracked strategies
136. Element Finance - an open source protocol for fixed and variable yield markets
137. Enzyme - an open-source, community-run protocol for asset management on Ethereum that enables users to create, manage, and invest in decentralized funds
138. Gro - a stablecoin yield aggregator that tranches risk and yield
139. Harvest Finance - a yield farming protocol featuring multiple strategies developed and maintained by the community
140. Idle Finance - a decentralized rebalancing protocol automatically optimising users digital assets allocations to third-party DeFi protocols
141. Mushrooms Finance - a crypto earning vault protocol with focus on seeking sustainable yields in the DeFi universe
142. OnX Finance - a DeFi platform for yield farming and lending liquidity provider (LP) tokens
143. Pendle - a DeFi protocol that gives holders of yield-generating assets the opportunity to lock in future yield upfront
144. PieDAO - a decentralized asset manager for tokenized portfolios on the Ethereum blockchain
145. Set Protocol - a protocol designed to create, manage, and obtain baskets of tokenized assets
146. Vesper - a DeFi ecosystem and growth engine for crypto assets, providing a suite of yield-generating products
147. Value DeFi - a flexible, optimized and profitable vault strategies and aggregation protocol
148. Visor Finance - a DeFi protocol offering Smart Vaults for active liquidity management and liquidity provisioning
149. xToken - an ERC20 wrapper that wraps staking, governance, and liquidity strategies into a single ERC-20 token. These tokens can be added to liquidity pools and pledged as collateral for loans
150. yAxis - a community-launched meta yield-aggregator designed to deploy capital to the best yield strategy available
151. Yearn Finance - a collection of community-led & developed yield farming vaults, yield aware money markets, easy swapping tools and pooled insurance coverage