The Ethereum DeFi movement is rapidly growing, with an increasing number of projects trying to build decentralized finance applications on top of the Ethereum network.
It’s the basis for decentralized finance and financial services like loans, stocks and bonds, as well as prediction markets and game theory applications. In other words, Ethereum is both a concept and a practical tool that can provide valuable insight into the future of finance.
A technology that anyone can use, Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality.
Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed.
It allows you to run Ethereum dApps right in your browser without running an Ethereum node.
It provides access to a world that has never been possible before: open, global financial markets that don't require trusted third parties and don't have centralized points of failure.
Developed by ConsenSys, MetaMask injects Ethereum into any website that is compatible with it, such as Brave Browser and MyEtherWallet. With MetaMask, users can connect the MetaMask wallet to a variety of wallet applications, such as Ledger Nano S and TREZOR wallets.
Related Article: Etherium DEX Projects
Hexcom is one of the first cryptocurrencies to be offered by ShieldX. ShieldX is a technology provider that prides itself on creating easy to use, high-yield investment tools for everyone. With HEXCOM, ShieldX has created a high interest certificate of deposit in which you can purchase at around $1 per unit, but earn up to 40% annually on all your holdings.
HEX allows users to make money without having to trust a centralized authority. It's HEX's unique technology that makes this possible: our blockchain is an open, public ledger where each transaction can be verified independently by anyone, anywhere in the world.
The higher yield offered by HEX tokens draws investors into our ecosystem, giving them access to all of these benefits.
Related Article: Ethereum Dapps
DYdX is the first decentralized exchange (DEX) where users can trade any tokenized asset or digital token against any other token. DYdX's mission is to provide traders with greater control and access to all markets, at all times.
Traders shouldn't have to worry about hidden fees, liquidity risk, or front running. With our specific focus on perpetual contracts, we hope to build a community of happy traders who are confident in the fairness of their platform.
EverRise is a decentralized application platform that supports the development of other DeFi projects and individuals.
It provides multi-chain security solutions for their users, as well as easy utility token usage and simple staking/buyback protocols.
The EverRise ecosystem consists of a suite of decentralized applications that allow users to securely store, exchange and transfer their tokens across blockchains such as Ethereum, EOS and NEO.
Everrise is a decentralized ecosystem that provides novel solutions for the better use of crypto-assets, such as secure and seamless inter-blockchain transactions. We will unlock powerful capabilities by building the first set of decentralized applications that address some of these challenges.
Flexa is a flexible mobile payments solution for any business. Businesses can accept mobile payments in store, online or via an app using a variety of different devices. Our unique risk-free settlement model means that no matter what happens to the value of your customer's card, you are guaranteed to get paid at the time of purchase.
As opposed to building specialized infrastructure for each individual merchant, Flexa can integrate into any type of app, process any kind of payment, and accept payments in multiple currencies-all within just a few lines of code.
Badger is a voting system that runs on Ethereum smart contracts. It was originally architected by Phil Daian and Dan Robinson during ETHDenver, and has been significantly expanded upon since then by many people from the community from all around the world.
Badger's goal is to make it possible for anyone to get started using DeFi and participate in the movement toward more democratic control over our financial system.
Synthetix is a brand new platform for trading vanilla options and derivatives on Ethereum. Synthetix makes it easy to create or participate in liquid markets for any asset or exposure.
The protocol is able to do this by providing liquidity providers with a way to seamlessly liquidate their positions if needed using a smart contract that only triggers when the performance criteria have been met.
Decentralized Finance means taking control of your finances and investing them into smart contracts with financial value. Instadapp enables developers, who want to build decentralized applications that can be used by millions, to use the best earning DeFi strategies within their own products.
In the world of Decentralized Finance (DeFi) there are many different ways to earn tokens and make money. There is no shortage of amazing opportunities for users to make money in a trustless way.
But one of the biggest issues with DeFi is that it's difficult for beginners to find high-quality resources that describe how you can earn money with these protocols
Cream is an application that helps you keep track of your cryptocurrency investments. With an easy to use interface and a wide range of features such as news, trends and strategies, Cream will help you manage your cryptocurrency portfolio seamlessly
Rocket Pool is a decentralized Ethereum Proof of Stake PoS Protocol that runs on the Ethereum blockchain. Rocket Pool allows users to easily stake ETH and earn rewards proportional to their share of ether staked. The protocol uses strict mathematical rules and procedures to ensure that generated blocks are legitimate and that attackers cannot gain control over 51% of the network hashrate.
Gelato is a solidity smart contract auto-deployment solution developed by the ConsenSys team. This product fills a gap for Ethereum development teams who want to outsource their DAPP DevOps without sacrificing reliability or security. Gelato can execute any logic written into smart contract functions on the Ethereum mainnet, allowing you to use it as a powerful tool in your project's automated deployment pipeline.
This is the list of best ethereum defi apps. I will update this post each month when new projects arrives the market.