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From your first block to the finer details. Explore the ideas, people, and systems behind the market—one useful explanation at a time.
Follow a transaction from a key to a shared ledger.
Begin with BlockchainExplore contracts, liquidity, borrowing and the risks between them.
Begin with Smart contractUnderstand what a price, valuation or sentiment indicator can tell you.
Begin with Market capitalizationLearn custody, permissions and how to assess what you sign.
Begin with Hardware walletConnect the original ideas to the incidents that changed the industry.
Begin with A Cypherpunk's ManifestoSeparate technical standards, issuer claims and legal frameworks.
Begin with Howey testA leading overcollateralized lending protocol with isolation modes, flash loans, and many-chain deployments.
Aave Horizon RWA is a Lending protocol active on Ethereum. A specialized Aave lending market on Ethereum, where institutions or other qualified users borrow stablecoins against real-world assets…
Aave V2 is a Lending protocol active on Ethereum, Polygon, Avalanche. Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets
A version of Aave's lending protocol with configurable collateral and borrowing controls, including efficiency and isolation features.
Aave V4 is a modular lending protocol on Ethereum featuring a hub-and-spoke architecture
An intents-based bridge that uses bonded relayers and optimistic verification.
Aera V3 is a Onchain Capital Allocator protocol active on Base, Morph, Ethereum. Autonomous onchain treasury management protocol for DAOs, built by the team at Gauntlet.
Aerodrome Slipstream is a Dexs protocol active on Base, Arc. A central trading and liquidity marketplace on Base.
Aerodrome V1 is a Dexs protocol active on Base. A central trading and liquidity marketplace on Base.
Anemoy Capital is a RWA protocol active on Ethereum, Base, Celo. Anemoy is a web3 native asset manager powered by Centrifuge, providing investors with exposure to a broad spectrum of superior assets
An oracle project that first-party APIs sign data, reducing middleman feeds.
An Ethereum scaling ecosystem whose Nitro software powers optimistic rollups, including Arbitrum One, with transaction execution off Ethereum and dispute resolution on the parent chain.
Arbitrum Bridge is a Canonical Bridge protocol active on Ethereum. The Arbitrum Bridge acts as a secure channel connecting Ethereum's mainnet (Layer-1) with the Arbitrum Rollup (Layer-2).
Armitage by Wintermute is a Risk Curators protocol active on Ethereum. Armitage is Wintermute's onchain vault curation arm, applying institutional-grade risk management and trading infrastructure to DeFi yield.
Aster Bridge is a Bridge protocol active on Binance, Ethereum, Arbitrum. Aster is a decentralized perpetual exchange built for everyone.
Aster USDF is a Basis Trading protocol active on Binance. USDF is a yield-bearing stablecoin issued by Aster, convertible with USDT at a 1:1 ratio.
A modular DA project aimed at rollup and appchain data publishing.
Avalanche Core Bridge is a Canonical Bridge protocol active on Ethereum, Bitcoin. Native Bitcoin Bridge. ETH EVM support.
Avalon CeDeFi is a Anchor BTC protocol active on Ethereum. Powering ₿itcoin's On-Chain Capital Markets.
Avalon Superearn is a Yield protocol active on Ethereum. Earn yield with real-time APY.
Avant avUSD is a Basis Trading protocol active on Avalanche. Avant is a DeFi platform established in June 2024 with the mission to create a more inclusive financial system through a DeFi-powered…
A proof-of-stake interoperability chain for general message passing.
b14g is a modular dual-staking layer for Bitcoin that lets protocols secure their networks with both BTC and their native token—reducing…
B2 Buzz is a Canonical Bridge protocol active on Bitcoin. Launched by B² Network, B² Buzz is a staking event where a user can deposit major cryptocurrency assets from Bitcoin, Ethereum, BNB Chain…
Babylon Protocol is a Restaking protocol active on Bitcoin. Bitcoin holders can earn yields from their idle bitcoins in a secure way: no third-party trust, no bitcoin bridging to any other chain.
An automated market maker protocol that separates shared token accounting from pool-specific pricing, including weighted pools with configurable asset proportions and other specialized pool designs.
A Cosmos-based oracle network used by several non-EVM chains.
An Ethereum Layer 2 network with EVM-compatible execution, ETH-denominated gas, and settlement mechanisms that distinguish rapid local confirmations from Ethereum finality and bridge withdrawals.
Base Bridge enables the transfer of certain digital assets and other data back and forth between Ethereum and Base.
Bedrock uniBTC is a Anchor BTC protocol active on Bitcoin, Ethereum, Merlin. BTC staked into babylon
Beefy automates yield farming to make DeFi easy, safe and efficient for all.
Benqi Lending is a Lending protocol active on Avalanche. BENQI is a non-custodial liquidity market protocol, built on Avalanche.
Benqi Staked Avax is a Liquid Staking protocol active on Avalanche. Stake AVAX on BENQI's Liquid Staking Protocol and freely utilize it within powerful Decentralized Financial applications.
Binance CEX is a CEX protocol active on Ethereum, Bitcoin, Binance. Binance is a cryptocurrency exchange which is the largest exchange in the world in terms of daily trading volume of cryptocurrencies
Binance staked ETH is a Liquid Staking protocol active on Ethereum, Binance. A token created by depositing BETH into the BETH wrapper.
BingX is a CEX protocol active on Bitcoin, Binance, Tron. Empowering Traders. Elevate your crypto trading game at BingX.
BitFi Basis is a Basis Trading protocol active on Binance, Ethereum, Base. Reliable returns with bfUSD, our yield-bearing stablecoin that fuels stability while amplifying your earnings in a dynamic ecosystem.
Bitget is the leading crypto exchange platform for crypto derivatives trading.
Bitget bgBTC is a Bridge protocol active on Bitcoin. Backed 1:1 by Bitcoin (BTC) on Bitget, BGBTC is designed to help you earn more while keeping your assets flexible and secure.
Bitkub is a CEX protocol active on Bitcoin, Ethereum, Ripple. No.1 licensed bitcoin exchange in Thailand that offers services to individuals who intend to buy, sell cryptocurrency
BitMEX is a cryptocurrency exchange and derivative trading platform.
Bitrue was established by a group of blockchain enthusiasts with a goal of providing complete financial services for the currencies of the…
Bittensor dTAO is a Dexs protocol active on Bittensor. Bittensor's native dTAO AMM pools, which price each subnet's alpha token against TAO and hold the network's subnet liquidity.
Bitunix is a CEX protocol active on Ethereum, Bitcoin, Tron. Global Crypto Derivatives Exchange.
Bitvavo is a CEX protocol active on Bitcoin, Ethereum, Solana. Largest EUR-spot exchange globally.
Bitwise USCC is a Basis Trading protocol active on Ethereum, Plume Mainnet, Solana. The Bitwise Crypto Carry Fund (the Fund) offers Qualified Purchasers access to crypto basis strategies, which aim to take advantage of the…
An L2 that native-yields ETH and stables by staking and T-bill strategies under the hood.
BlazeStake is an innovative liquid staking protocol designed to support the Solana ecosystem.
Blur's NFT lending pool, a peer-to-peer credit market against NFT collateral.
Blend Pools V2 is a Lending protocol active on Stellar. Lending markets created with Blend.
A pro NFT marketplace that took share from OpenSea with faster tools and airdrop incentives.
Buzz Farming collaborates with well-known BTCFi projects such as Babylon, Lombard, and Bedrock, as well as prominent blockchains, offering…
A privacy-oriented network of sync domains aimed at institutional tokenized assets and workflows.
Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the…
A modular data-availability network used by some rollups instead of posting all data to Ethereum.
A protocol and stack for bringing real-world credit and invoices on-chain as RWAs.
A JIT-AMM cross-chain DEX that aims for native BTC and ETH swaps.
The leading oracle network for prices, proofs, and cross-chain messages (CCIP).
CIAN Yield Layer is a Yield Aggregator protocol active on Ethereum, Mantle, Arbitrum. Redistribute Yield Sources For Sustainable DeFi & Optimized APY For Your Assets
Clearstar is a Risk Curators protocol active on Base, Flare, Ethereum. Building onchain infra and strategies.
Coinbase Bridge is a Bridge protocol active on Bitcoin, Ripple, Cardano. Wrapped tokens backed 1:1 by assets held by Coinbase.
CoinDCX is a CEX protocol active on Bitcoin, Ethereum, Ripple. 1.3 Crore + Indians choose CoinDCX, India's most valued Crypto Investment App
CoinEx is a CEX protocol active on Bitcoin, Ethereum, Starknet. A Crypto Exchange for Everyone, the Way to a Barrier-Free Crypto World.
A decentralized lending protocol with version-specific market designs; Compound III markets use one borrowable base asset and a set of approved collateral assets with separate risk limits.
Compound V2 is a Lending protocol active on Ethereum. Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Compound V3 is a Lending protocol active on Ethereum, Arbitrum, Base. Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Concrete provides full-stack yield infrastructure for DeFi, powering automated, risk-managed vault products across major ecosystems.
An intents-and-router interoperability network for Ethereum L2s.
A protocol that aggregates Curve voting power and boosts CRV yields for depositors.
Cooler Loans is Olympus DAO's native lending protocol.
A coincidence-of-wants DEX that batches intents and protects many trades from sandwiches.
Crypto-com is a CEX protocol active on Bitcoin, Ethereum, Binance. The World Fastest Growing Crypto App.
An automated market maker protocol whose StableSwap pools concentrate liquidity around a reference price relationship, with other pool designs such as CryptoSwap serving assets whose relative prices move.
Curve DEX is a Dexs protocol active on Ethereum, Fraxtal, Base. Curve is a decentralized exchange liquidity pool on Ethereum designed for extremely efficient stablecoin trading
Defi Saver Asset Management is a CDP Manager protocol active on Ethereum, Arbitrum, Optimism. DeFi Saver is a one-stop management solution for decentralized finance with advanced leverage management tools and unique automated…
Deribit is a CEX protocol active on Bitcoin, Ethereum, Solana. World's biggest Bitcoin and Ethereum Options Exchange and the most advanced crypto derivatives trading platform with up to 50x leverage on…
Derive V2 is a Derivatives protocol active on Hyperliquid L1, Base, Ethereum. Trade options, perps and spot on the most powerful self-custodial exchange.
DigiFT is the first regulated exchange for on-chain real-world assets, approved as a Recognised Market Operator with a Capital Markets…
A perpetual-futures DEX that moved from an Ethereum L2 to its own Cosmos-based chain.
EigenCloud is a Restaking protocol active on Ethereum. Eigen Labs is an AI research lab building tools for human and agent coordination that preserve and maximize individual agency in the…
A data-availability service built on EigenLayer restaking.
A restaking protocol that lets participants allocate staked economic value to additional services, with service-specific operators, rewards, and slashing conditions beyond ordinary Ethereum validation.
Ember Protocol is a Onchain Capital Allocator protocol active on Ethereum, Sui, Pharos. Ember is the investment platform and infrastructure for launching, accessing, and distributing traditional and onchain financial products…
The Ethereum Name Service, which maps human names like vitalik.eth to addresses and records.
The protocol behind USDe, a synthetic dollar built from staked ETH and short perpetual hedges.
Ethena USDtb is a RWA protocol active on Ethereum. USDtb is a digital dollar, otherwise known as a USD stablecoin.
A restaking-focused liquid staking protocol that issues eETH.
ether.fi Liquid is a Onchain Capital Allocator protocol active on Ethereum. Liquid is an automated DeFi strategy vault that provides ether.fi users a simple access point to use their eETH in the DeFi ecosystem
ether.fi Stake is a Liquid Staking protocol active on Ethereum, Base, Arbitrum. Decentralized and non-custodial Ethereum staking protocol.
Definitions offer a starting point. Detailed readings include the sources behind the explanation.