DEX
Genius Yield
A non-custodial, CLMM DEX and smart liquidity manager that can optimize yields across multiple exchanges.
Genius YieldWingRiders
An AMM based DEX on Cardano.
WingRidersSundaeSwap
Decentralized exchange and automated liquidity provision protocol built on the Cardano blockchain.
SundaeSwapMilkySwap
A DEX on the EVM compatible Milkomeda sidechain. Enabling users to trade their ADA for tokens from the Ethereum blockchain.
MilkySwapMinswap
An AMM DEX featuring multiple, algorithmically different, liquidity pools for the same token pairs.
MinswapBynetDEX
An order book style DEX allowing users to create Liquidity Orders to mine commission for facilitating swaps.
BynetDEXAdaSwap
A AMM based DEX also featuring a launchpad, an NFT marketplace, and “stake and forget” liquidity pools featuring unique rewards.
AdaSwapCardax
An Automated Market Maker, AMM, style DEX on the EVM-based sidechain Milkomeda.
CardaxBashoswap
Multi Protocol Decentralised Exchange on Cardano.
BashoswapDOEX
AMM-based decentralized exchange for assets that are native to the Cardano Blockchain.
DOEXMuesliSwap
A decentralized order book style DEX supporting limit orders, swaps, and token staking. MuseliSwap is live on Cardano and the Milkomeda C1 sidechain.
MuesliSwapCardance Swap
Swap, earn, stack yields, lend, borrow, leverage all on one decentralized, community driven platform.
Cardance SwapMetaDEX
A Pareto-optimal DEX utilizing multiple unique pool concepts, with optimal trade pool distribution, and optional impermanent loss insurance. (Formerly MIRQUR).
MetaDEXADAX
An AMM based DEX, featuring an ERC20 converter, where all swap fees are split between the taker and the maker of the trade. Also featuring a CEX.
ADAXDeFIRE
A DEX aggregator that accepts limit and market orders, routing those orders through multiple DEXs to optimize every aspect of a trade.
DeFIREOccamX
An Automated Market Maker, AMM, DEX running on the Milkomeda sidechain.
OccamXMatrix Labs
A leverage trading DEX supported by perpetual contracts in a virtual-AMM protocol. Matrix Labs is currently on 7 blockchain, launching Cardano support in 2022.
Matrix LabsScam
Right here, amongst real projects, lies this Cardano scam. It looks just like the others; it might be one of them. How do you know this isn’t a real project?
ScamCoinlink
Coinlink is a cross blockchain aggregator on Cardano, Ethereum, Polygon. It also offers transaction tracking and portfolio management.
Coinlinkrin2s.ai
SRIN2S is one of trusted meme coins for the upcoming Al memecoin supercycle. https://x.com/poonuttradex?s=21
rin2s.aiSpectrum
Combining both CLMM and order book styles into a DEX that operates across both the Ergo and Cardano blockchains.
SpectrumCSWAP DEX
A progressive DEX for the Cardano Ecosystem, merging next-generation DEX capabilities with NFTfi.
CSWAP DEXSymbiosis
A Cross-Chain Engine and Liquidity Protocol linked to Milkomeda C1.
SymbiosisSweetDAO
A community owned decentralized exchange supported by protocol owned liquidity.
SweetDAOAxo
A financial protocol that allows for programable swaps and aims to add synthetics and many more functionalities as development continues.
Axo
Launchpad & Accelerator
Cardashift
A community-run launchpad that raises funds, builds and accelerates startups that are solving social and environmental issues.
CardashiftGADA
A permissionless and community-governed launchpad for Cardano based projects and ideas.
GADAAstarter
A launchpad and accelerator for projects building on Cardano, also featuring a DEX, a decentralized lending and borrowing, and a technical support platform.
AstarterCardence
An IDO platform, offering token and funding vesting, that also acts as an incubator and accelerator for the projects that perform IDOs through it.
CardenceKick
A decentralized fundraising launchpad and project accelerator where token holders can earn rewards for endorsing projects.
KickSnapbrillia
Bring GitCoin to Cardano with quadratic fund matching to amplify trust and opportunities to build the future of open-source Cardano with Mentor-mentee bounties.
SnapbrilliaCardStarter
An insured, decentralized accelerator for the Cardano network designed to connect early stage innovators and projects with a community of donors.
CardStarterVent Finance
Community centric funding through IDOs on a multi-chain launchpad (requiring KYC) that encourages conversation between projects and would-be investors.
Vent FinanceGenius X
A business accelerator and launchpad for innovative start-ups on Cardano, backed by the Genius Yield team.
Genius XOccamRazer
A launchpad for Cardano projects that runs IDOs on Ethereum and Binance Smart Chain.
OccamRazerToken Allies
Provides Businesses of all sizes the platform to get tokenized. All on Cardano. We will provide the platform to create, manage and sell business tokens.
Token AlliesDefipronto
Insured IDO Launchpad & Accelerator For Cardano Projects
DefiprontoTeiki
Teiki is a decentralised crowdfunding protocol for innovation on Cardano.
TeikiAdaverse Accelerator
An accelerator selecting projects that apply and offering them funds, mentorship, and infrastructure to scale Web3 solutions. Managed by EMURGO.
Adaverse Accelerator
Lending Protocol
Paribus
A cross-chain, collateralized loan platform aiming to help users unlock the liquidity locked in a wide variety of digital assets.
ParibusRevuto
A subscription management and micro-lending and borrowing platform aiming to redefine their user's personal management of subscription services.
RevutoB58 Finance
A mobile-based wallet with an integrated DeFi platform, aiming to increase Cardano adoption through the familiarity of the access point for the general public.
B58 FinanceMELD
Deposit crypto to use as collateral and receive a cash loan, deposited into any bank account in the world.
MELDAada
A decentralized, non-custodial crypto asset lending platform offering both over-collateralized and under-collateralized loan, and an ERC-20 converter.
AadaLiqwidX
A decentralized borrowing protocol accepting ADA as deposits for over-collateralized loans issued as a stablecoin that is algorithmically pegged to USD.
LiqwidXLending Pond
A decentralized lending and borrowing platform where borrowers list Cardano NFTs as collateral for an ADA loan and lenders choose which loans they want to fund.
Lending PondLiqwid
An open source and non-custodial liquidity protocol for interest rate curves based on lender supply and borrower demand of the underlying Cardano native asset.
LiqwidFluid Tokens
A peer-to-peer lending protocol where borrowers set the terms and front their Cardano NFT as collateral for an ADA loan. Lender then choose which loan to fund.
Fluid TokensADALend
A lending protocol of single currency pools with an unlimited borrowing duration and fluctuating interest rates based on loan length and pool utilization rate.
ADALendbonds.org
Bonds.org is a pioneer in decentralized asset lending on Cardano, allowing enthusiasts to take full advantage of lending and borrowing opportunities.
bonds.orgYamfore
A crypto backed loan platform with no liquidation events, no interest payments, and indefinite loan periods. Fundamentally long on the price of ada.
YamforeKulfi Finance
A decentralized lending and borrowing platform for Cardano native tokens. Borrowers pay a fixed interest rate, lenders receive a fixed rate for depositing funds
Kulfi FinanceFlac Finance
A lending protocol where users can borrow fiat against their crypto and stablecoin assets. Initially targeting the Indian market.
Flac Finance
Investment Management
Blueshift
Blueshift is a highly efficient automated market maker and liquidity management platform that has reinvented DeFi
BlueshiftOptim Finance
Numerous financial strategy based and smart contract managed pools allow users to optimize their yield potential from whitelisted Cardano defi protocols.
Optim FinanceVyFi (Vy Finance)
Multiple investment avenues in one platform. Offering an investment managing AI “neural net” for beginners, and total investment control for advanced users.
VyFi (Vy Finance)Ledgity
A digital wealth management ecosystem connecting IFAs with clients and asset managers. Bringing asset tokenization and investment opportunities to the masses.
LedgityGenWealth
GenWealth helps you plan and secure your crypto assets, ensuring they are managed according to your wishes in the event of unforeseen circumstances.
GenWealthKezex Token
Kezex (KZX) token, a decentralized finance and multichain innovation. Built on the robust Binance Smart Chain using the BEP-20 standard, it's the best crypto to
Kezex TokenLemuria Finance
An auto-compounding yield optimizer for DeFi protocols on the Milkomeda C1 sidechain.
Lemuria FinanceMAYZ
A cross-chain portfolio management protocol operating around the creation and use of user created and funded, crypto based indexes.
MAYZ
Housing & Property
Empowa
Decentralized, green property development platform targeting the African market. Harnessing the power of global community to empower people on the ground.
EmpowaGoKey
Helping everyday people access the wealth building benefits of home ownership.
GoKeyKirkstone
Our mission statement is to significantly reduce the cost of renting for all. In addition, our aim is to make a substantial impact on the homeless community.
KirkstoneLandano
A land registration dApp providing proof-of-fact ownership through legally-binding title deeds registered on Cardano.
LandanoReitcircles
A protocol being built on Cardano Blockchain network to serve the real world needs to identify, verify and trade real estate globally
ReitcirclesCommonlands
Community Driven Land Registry
Commonlands
Stablecoin
Djed
An algorithmic, crypto-backed stablecoin, run by a smart contract that acts like an autonomous bank. Developed by IOG and Emurgo and issued by COTI.
DjedAdaDao
A DeFi protocol on Cardano blockchain which facilitates the creation of fully collateralized stable coins leveraging Native Cardano Assets.
AdaDaoCardano
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CardanoAnzens
Anzens is a platform created & operated by EMURGO, one of Cardano's founding entity, that enables Cardano Community to tokenize real-world assets.
AnzensAnzens
Anzens is a platform created & operated by EMURGO, one of Cardano's founding entity, that enables Cardano Community to tokenize real-world assets.
AnzensMehen
Cardano native stablecoin backed 1:1 by US-dollar-denominated assets. Earnings from these assets will be used to fund projects building the future of Cardano.
Mehen
Asset Tokenization
MintMatrix
Digital id issuance, real world asset tokenization, & smart contracts for leasing, amortization, bonding, shared ownership, custom financial instrumentation.
MintMatrixTheos
A decentralized, NFT based economy utilizing the intrinsic properties of NFTs to provide instant valuations and transform them into instant liquidity.
TheosShareslake
An open by default blockchain-based stock market that rewards companies for each transaction of their shares and does not charge investors.
ShareslakeIndigo
Through the over collateralized minting of, fungible “iAssets”, a.k.a. synthetics, Indigo wants to level the playing field of the financial world.
IndigoRepoLedge
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RepoLedge
Organizations
Ray Network
Developers of an open sourced DeFi ecosystem, tools for developers, and user tools on the Cardano blockchain.
Ray NetworkOccam.fi
A suite of DeFi protocols featuring a sidechain DEX, an Ethereum based Launchpad, and an accelerator.
Occam.fiByron Network
An ecosystem of of DeFi dApps and user tools built on Cardano, being designed for multichain operation.
Byron NetworkCOTI
A block-less payment solution for creating your own payment network. Issuing payment and DeFi solutions for Cardano.
COTICardano DeFi Alliance
A consortium of DeFi projects with the goal of standardizing Plutus and Cardano best practices within the DeFi world.
Cardano DeFi Alliance
Store Of Value
CETF
CETF is the Cardano Native Governance Token for the CETF Hybrid DAO and its Asset Pools
CETFCETF
CETF is the Cardano Native Governance Token for the CETF Hybrid DAO and its Asset Pools
CETFFibonacciADA
Natures cryptocurrency. A sequence made from gold, built on Cardano, that store of value with integrity. Governed by our community.
FibonacciADACardano Gold
A purported store of value on Cardano where 60% of the token's supply is "mined" by holding one of their NFTs.
Cardano Gold
P2P Swap
Atomic Swap
Enabling peer-to-peer trading on Cardano. Trade multiple tokens and NFTs with another users for multiple tokens and NFTs without smart contracts or a 3rd party.
Atomic SwapTrading Tent
Peer-to-peer, non-custodial trades for all forms of Cardano native assets: FTs, NFTs, and ADA. Completed through a multi-signature process.
Trading TentAzima
Azima is a fintech startup with a crypto token and decentralised application allowing users to conduct P2P trading between fiat currency and digital assets
Azima
Cross Chain Assets
Insurance
Private Transaction
Here are all the Cardano DeFi projects complete with descriptions and tags. If you’re looking for a Cardano DeFi exchange, a lending protocol, a launchpad, a Cardano stablecoin, or platforms on which to tokenize real world assets then you’ve come to the right place. The Cardano DeFi ecosystem is maturing and, as it does, we will continue to list the new Cardano DeFi projects here. If you look at Cardano in 5 years this list will be substantially different, some projects will have left it, but many many more will have been added.
If you’re looking to simply swap Cardano native tokens then a Cardano DEX is your best choice. If you’re looking to utilize your crypto holdings for a loan then take a look at all the Cardano lending and borrowing platforms on offer and choose which one fits your needs. There is much more utility in the Cardano DeFi world and we invite you to explore it here!
Frequently Asked Questions
- What is the Cardano DeFi Alliance?
The Cardano DeFi Alliance is a consortium of Cardano DeFi projects with the collective goal of standardizing best practices within the Cardano DeFi world. They also focus on creating DeFi standards in the Cardano smart contracting language, Plutus. Learn more about the Cardano DeFi Alliance here.
- What are the best Cardano DeFi Projects?
depending on who you ask you’ll always get a different answer, but the best Cardano DeFi project is the one that services your needs and has the parameters and fee systems that you are happy to use. The most popular Cardano DeFi project with the highest liquidity might not be for you, so always make sure to look at what other options are available in the Cardano DeFI ecosystem before you commit to using a platform.
- What is DeFi?
DeFi stands for Decentralized Finance, and utilizes smart contracts to automate financial services and instruments that traditionally require a middleman.
DeFi enables a globally accessible financial system, without the entry requirements demanded by traditional -also known as centralized- financial services; a new system without borders or traditional barriers of entry. DeFi allows people with small amounts of excess capital to “become the bank” and deposit their funds into a protocol to provide liquidity and generate returns in the form of yields from the financial activities conducted on that protocol.
- What is the ada Coin?
Ada is the native currency of the Cardano blockchain and the most paired asset on any Cardano DeFi exchange, for example Sundaeswap. This native token is used for staking on the Cardano network, can be used to purchase NFTs, and can also be used as liquidity, to earn rewards, in many Cardano DeFi projects.
- Can Cardano be used for DeFi?
As you can see from the growing list of Cardano DeFi projects on this page, Cardano has a wide and varied DeFi ecosystem with lots of participants. Cardano DeFi projects include: multiple DEXs, asset management platforms, decentralized lending and borrowing platforms, housing projects, as well as launchpads and accelerators.