Huma Finance is a PayFi network powers financing of global payments, with instant access to liquidity anywhere, anytime.

Spark is a DeFi lending protocol centered around the DAI stablecoin. It is a software fork of the leading lending protocol, Aave's Version 3, which integrates direct lending capabilities within MakerDAO. Through Spark, users can obtain DAI loans using assets such as Ether (ETH), staked Ether (stETH), and DAI.

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.

Avalon Labs is a BTCFi protocol aims to increase the use of Bitcoin within its platform by allowing users to unlock the value of their holdings by using them as collateral to obtain USDa. Avalon Labs also offers financial products such as Bitcoin-backed loans, interest-bearing savings accounts, and a credit card.

Soul is a cross-chain lending and borrowing platform seamlessly interlinks diverse lending protocols and blockchains, enabling users to lend and borrow across platforms like Aave or Compound and various networks, thus unifying liquidity and users' borrowing power.

Hyperdrive (formerly Ambit Finance) is a new AMM for fixed and variable yield positions underpinned by a novel pricing mechanism. It enables terms on-demand and removes the need for liquidity providers to roll over their capital allocations. Additionally, its mechanism design enables a more efficient, symmetrical yield market and is open source for others to build on.

xStocks is a tokenized stock issuance platform. All xStocks tokens are freely transferable. They can be used in lending agreements, DEX or any DeFi application. Powered by Backed.

Cetus is a DEX and liquidity protocol focusing on Move-based ecosystems such as Aptos and Sui.

Axiom is a decentralized trading platform based on Solana, which integrates mem coin trading, perpetual, yield mining and other mechanisms, and is incubated by Y Combinator.

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.

Roxom is a Bitcoin-priced and denominated stock, commodities, and futures exchange. User can now view and trade global markets in Bitcoin terms.

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.

GitFish is a GitHub repos tokenization and trading platform. 10M tokens are minted at launch. ⅓ supply is sold via a 3-day auction.

Gavel is a token distribution and liquidity bootstrapping platform designed to move the token distribution process on-chain to avoid paying centralized exchange rents, while facilitating on-chain price discovery without exposing users to toxic MEV.

Haedal is a liquid staking protocol built on Sui that allows anyone to stake their SUI tokens to contribute to governance and decentralisation of the Sui blockchain. In the meantime, users will get haSUI in return so that they can continue to participate in DeFi activities to earn additional yields.

mirage is building modular money on Move. at its core, mirage is a liquidity layer that leverages synthetic assets to power a wide range of financial products. the mirage team has built out a high-performance perps DEX and allows others to build their own protocols by tapping into mirage's liquidity.

Resolv is a delta-neutral stablecoin protocol revolves around tokenizing a market-neutral portfolio. The architecture is based on an economically viable and fiat-independent yield source. This allows to distribute competitive returns to liquidity providers of the protocol.

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.

Yala connects Bitcoin liquidity with a meta yield stablecoin. Designed as both a potent asset and a liquidity enhancer, the stablecoin, yU, operates across various ecosystems, increasing efficiency without the need for bridges or relocating the underlying Bitcoin. Yala empowers Bitcoin holders and ecosystem participants with expanded utility, all while maintaining the security of Bitcoin’s infrastructure.

Overlay is a protocol that enables trading of virtually any data stream, be it long or short, with leverage, using price oracles and a native token. Users can take long or short positions with leverage on the value of the data stream by locking up the native ERC 20 token, OVL, in the stream's market contract. The ultimate goal of Overlay is to create a self-sustaining protocol that provides all participants (traders, liquidity providers, and governance participants) with an incentive to grow with Overlay. If successful, DeFi users will be able to turn any manipulation-resistant data stream into a financial instrument.

Perpl is Monad's native pricing engine. Purpose-built for peak efficiency and composability, Perpl offers an unparalleled trading experience on Monad's parallel EVM.

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.

Collaterize is a Platform to Tokenize, Trade, and Transfer RWAs. It’s designed to bring RWAs on-chain while maintaining interoperability with core banking, permissioned and public decentralized applications.

Veda is native yield infrastructure for protocols and applications. Users deposit assets into Veda's contracts, which then securely deploy that capital across DeFi protocols. Veda’s mission is to bring crypto mass-adoption through transparent and accessible yields.

Hyperion is a fully on-chain hybrid Orderbook-AMM DEX built natively for Aptos, leveraging its exceptional throughput and minimal latency to deliver a seamless trading experience for both professional and retail users. Hyperion aims to become the foundational trading engine on Aptos, offering a hybrid Orderbook-AMM DEX with competitive liquidity options and a seamless user experience for both professional and retail traders.

StandX is a perpetual DEX that enables users to trade with yield-earning margins. DUSD is StandX's first product - a yield-bearing stablecoin.

Fermi is an order book DEX focused on capital efficiency built on Solana. Fermi introduces a match-time liquidity provision mechanism that allows market makers to place orders without locking up collateral.

Rover is a liquid staking protocol on the Spiderchain. Rover enables Bitcoin holders to stake and participate in DeFi, all the while maintaining liquidity.

Ondo Finance is dedicated to enhancing the safety, efficiency, and accessibility of financial services through institutional-grade on-chain offerings. Ondo Finance has a technology arm focused on developing on-chain financial software and an asset management arm that creates and manages tokenized products. It is also focused on incubating protocols that can support both tokenized real-world assets and traditional crypto.

World Liberty Financial is a DeFi project supported by the Donald Trump family. Its mission is to "make cryptocurrencies and America great by promoting the mass adoption of stablecoins and decentralized finance". World Liberty Financial will first be launched as a market for cryptocurrency lending using Aave infrastructure, and will launch its governance token WLFI and stablecoin USD1. Unlike other governance tokens such as UNI and MKR, WLFI does not provide economic rights.