Imagine a finance ecosystem without traditional financial intermediaries, this potential becomes reality in DeFi. This new blockchain technology offers global and comprehensive financial services that are cheaper, faster, and more accessible. DeFi services are based upon autonomous software that utilises smart contracts, these initiate event based transactions between users in-real-time and around the world. These services have successfully replicated traditional financial services such as borrowing, lending, and exchanging assets, as well as more sophisticated services such as insurance, options, futures and self-balancing indexes. All of this is facilitated in a permissionless fashion without the involvement of any financial intermediaries.
DeFi TVL is on Ethereum L1
4.5 million wallets interacted with DeFi.
Ethereum settled over $11.6 trillion in transaction volumes, surpassing Visa.
We build to enable the next 1 billion users to participate in DeFi.
We focus on eliminating network fees to maximise yield.
As an API first platform, we abstract away all the complexity of web3, providing the quickest path to DeFi.