DeFi Companies

Yelay is a specialized technology provider that offers decentralized yield infrastructure, enabling Web3 companies to integrate "Earn" products into their applications. By acting as a "Yield Layer," the platform abstracts the technical complexities of generating risk-adjusted returns on assets like stablecoins, ETH, and BTC. This allows institutions and fintech firms to provide structured DeFi and real-world asset (RWA) yield strategies to their users without requiring in-house smart contract development or deep decentralized finance expertise.

Acre Finance is a Bitcoin yield protocol that allows users to deposit BTC and earn auto-compounded returns of approximately 3-4% APY through curated on-chain DeFi strategies, without bridging or surrendering self-custody. The protocol uses tBTC as the deposit token and issues acreBTC as a receipt token, following the ERC-4626 vault standard, with all rewards denominated in BTC. Strategy management is handled by Re7 Labs, with infrastructure provided by Midas and oversight from the Acre Security Council, whose members include executives from Lido, Anagram, LedgerPrime, and Threshold. The platform targets Bitcoin holders seeking passive yield without exposure to non-BTC tokens or centralized custodians, and is backed by investors and ecosystem partners including Draper Dragon, OrangeDAO, and Big Brain Holdings.

Agant Finance Limited is a United Kingdom-domiciled stablecoin issuer registered with the Financial Conduct Authority (FRN: 1037671) under the Money Laundering Regulations 2017. The company issues GBPA, a stablecoin pegged to the British pound sterling and fully backed by reserves held in segregated, bankruptcy-remote accounts. These reserves are subject to independent audits and attestations. The infrastructure supports deployment across multiple blockchain networks including Ethereum and Base, with additional network support available. The system includes fiat on and off-ramp functionality enabling near-instant conversion between fiat currency and the stablecoin. Agant holds ISO 27001 certification for information security management. The platform is designed for use by financial services companies and enterprises requiring compliant on-chain GBP settlement capabilities.

AgentFi is an onchain protocol deployed on the Blast ecosystem that enables users to create, customize, and deploy AI-driven agents implemented as ERC-6551 token-bound accounts (NFTs). These agents autonomously execute DeFi strategies, with each agent capable of running multiple strategies concurrently while accepting custom user inputs. Assets and points held by agents remain bound to the NFT and transfer with it during secondary market transactions. The protocol incorporates adaptive algorithms designed to optimize strategy execution across varying market conditions. The codebase has undergone security audit by PeckShield. The protocol integrates with multiple Blast ecosystem projects.

AladdinDAO is a decentralized autonomous organization that builds and operates a suite of DeFi products on Ethereum, including a yield concentrator (Concentrator), a leveraged yield protocol (CLever), and f(x) Protocol — a stablecoin and leveraged token system using ETH as collateral. The f(x) Protocol is a notable differentiator, splitting ETH exposure into a low-volatility stablecoin (fxUSD) and a high-volatility leveraged token. Smart contracts have been audited by Trail of Bits, Secbit, and PeckShield. The platform targets yield farmers seeking optimized returns and DeFi protocols looking for community-vetted exposure.

Allo is a blockchain-based tokenization platform designed to help fund managers launch and manage on-chain investment funds across a range of asset classes, including digital assets, equities, and private equity. The platform handles the full fund lifecycle: accepting stablecoin, fiat, or in-kind subscriptions, computing net asset value (NAV) on-chain, issuing tokenized fund shares using the ERC-6909 standard, and automating manager fee distributions and investor payouts. Its core differentiator is end-to-end infrastructure that replaces manual fund administration with transparent, programmable smart contract logic, including support for custom side-letter terms. The product is aimed at fund managers seeking to operate fully on-chain vehicles, and the platform reports hundreds of fund managers as users.

Alloy X (AXG) is a Hong Kong-based stablecoin infrastructure platform offering end-to-end services including stablecoin issuance, treasury management, card programs, and payment rails. The platform positions itself as a regulated 'stablecoin super platform' with operations spanning 90+ countries and over one million active users. Beyond stablecoins, it offers tokenization products (Ferion, RYT) and connects to an investment arm via Solomon. The company raised a $10M pre-Series A in January 2025 and its parent entity is Nasdaq-listed, signaling a regulated, institutional-grade positioning in the Asia-Pacific stablecoin market.

Altura is a DeFi yield protocol built on HyperEVM that accepts USDT0 deposits into a single multi-strategy vault, automatically deploying capital across funding rate and basis arbitrage, real-world asset (RWA) strategies focused on gold, and market making and liquidity provision. Users deposit USDT0, receive vault shares representing their proportional ownership, and earn yield as the vault's price-per-share rises without manual rebalancing. The protocol targets retail and semi-institutional DeFi participants seeking diversified, market-neutral stablecoin yield. Its native token is ALTU, which supplements base APY as additional rewards, and the protocol has disclosed audits by Omniscia among its listed partners.

AnchorX is the issuer of AxCNH, a CNH-pegged stablecoin deployed on the Conflux blockchain. AxCNH maintains a 1:1 peg to offshore Chinese yuan (CNH) and is fully backed by high-quality liquid assets held in segregated custody accounts at regulated financial institutions. The stablecoin enables 24/7 instant settlement through distributed ledger technology for cross-border payments and global financial market transactions. The issuance framework incorporates KYC, AML, and CFT compliance requirements. AxCNH is designed for institutions and individuals conducting cross-border payments denominated in CNH. AnchorX operates through a Kazakhstani entity (AnchorX.KZ) and has strategic backing from Hony Capital and Conflux Network. Reserves are publicly disclosed to support transparency of the backing assets.

A+ Protocol is a stablecoin issuance infrastructure designed for regulated financial institutions. It enables participating banks to mint and co-brand the USDA+ stablecoin on Ethereum while maintaining compliance with the GENIUS Act framework. The system operates on a shared-liquidity network model in which participating banks retain full reserve yield, achieve cross-bank fungibility for USDA+, and hold ownership stakes in the network infrastructure rather than relying on a single vendor. The platform includes interoperability with decentralized finance applications and supports co-branded token identity structures (A+BankName). The infrastructure is intended for regulated banks seeking stablecoin issuance and on/off-ramp capabilities without developing proprietary solutions internally.

ArbStore is a decentralized escrow platform built on the Obyte blockchain that facilitates smart-contract-based agreements between buyers and sellers with optional third-party arbitration for dispute resolution. The system locks stablecoins such as USDC on-chain, releasing funds upon buyer confirmation of delivery or through an arbiter's ruling if a dispute occurs. Contract content is transmitted only between counterparties via Obyte's end-to-end encrypted messaging, and arbiters receive contract details only when a dispute is formally initiated. The platform is designed for cross-border trade between small and medium-sized businesses and peer-to-peer transactions involving high-value items including domain names, real estate, vehicles, and freelance services.

Baseline is an onchain protocol that enables token issuers to deploy assets with self-managed, protocol-owned liquidity through a mechanism called the Baseline Market Maker (BMM). The BMM operates autonomously onchain, providing bid and ask quotes, enforcing a minimum price floor, and distributing trading fees to stakers through an integrated incentive mechanism. The Mercury upgrade introduces adverse selection protection at launch, leverage without liquidation risk, automated buybacks via an Afterburner module, and the ability to borrow against token backing. The protocol is designed for crypto project founders seeking alternatives to traditional market makers and external liquidity providers, offering token-owned liquidity as a structural component of asset management and distribution design.

Beehive.trading is a decentralized trading platform built on the Solana blockchain that combines AI-driven Crypto and Forex trading bots with an NFT-based community governance model. The platform issues tiered Hive 1.0 NFTs (Worker, Sentinel, and Royal) that grant holders weekly SOL rewards, governance voting rights, and fee discounts proportional to their tier. Off-chain AI algorithms execute automated trading strategies and bridge results to on-chain distributions, targeting retail users seeking passive income from algorithmic trading without relying on intermediaries. The platform positions itself as a community-owned DeFi ecosystem addressing liquidity volatility and high fees common in decentralized finance.

BiLira is a Turkish crypto company best known for issuing TRYB, a Turkish lira-pegged stablecoin that operates across multiple blockchains. The company also operates BiLira Kripto, a retail crypto exchange platform where users can trade a range of digital assets using TRYB as a base currency. TRYB is designed to give Turkish users a stable on-ramp into the broader crypto ecosystem without direct fiat exposure. BiLira is headquartered in Turkey and serves Turkish-speaking retail investors seeking access to crypto markets with local currency stability. The company joined the Global Dollar Network, a Solana-based stablecoin consortium founded by Paxos and Robinhood, reflecting its positioning within the stablecoin and multi-chain infrastructure space.

Bima Labs operates a Bitcoin-backed stablecoin protocol that allows users to stake BTC into liquid staking tokens (LSTs), deposit those LSTs as collateral in BIMA vaults, and mint USBD, a USD-pegged stablecoin. The protocol is designed for cross-chain yield generation, enabling holders to lend, provide liquidity, and earn yield across multiple networks including Bitlayer, Merlin, BNB Smart Chain, Arbitrum, Base, and Core Blockchain. Supported LSTs include bmBTC and iBTC, with the Mainnet Alpha having launched as of mid-2024. The project raised a $2.25M seed round in July 2024 and has established partnerships with over a dozen ecosystem players visible on its homepage.

Boundary is a stablecoin protocol that issues USBD, a dollar-denominated stablecoin for institutional on-chain use. The protocol operates on principles of full collateralization and on-chain auditability of system state, with architecture designed to avoid recursive leverage mechanisms. USBD functions as a verifiable stablecoin alternative where system state can be independently audited on-chain. The protocol includes sUSBD, a staking mechanism that allows USBD holders to deposit tokens in exchange for yield rewards. The system targets institutional users requiring treasury management infrastructure, business-to-business trade settlement, on-chain collateral solutions, and regulated investment wrapper functionality. The protocol operates under the domain boundary.finance with token ticker USBD.

Brale is a stablecoin issuance platform that allows businesses, protocols, and communities to create and deploy their own branded stablecoins across multiple blockchains in minutes rather than months. The platform supports both EVM and non-EVM chains natively, including Ethereum, Solana, Stellar, XRP Ledger, Hedera, Algorand, and VeChain among others. Its revenue model is modeled after card issuance programs, allowing stablecoin issuers to capture yield from regulated reserves backing their coins. Known customers and ecosystem partners include Keyrock, BitGo, Euler, Uniswap, and several named stablecoins such as litUSD, CUSD, Wala USD, and Perena USD, suggesting real-world adoption across payments and emerging blockchain ecosystems.

Bullshot is an AI-powered meme token launchpad deployed on BNB Chain that allows users to create and launch tokens in a single click using bonding curve mechanics. The platform automates token parameter generation, incorporates anti-bot protections, and provides built-in analytics alongside fair launch safeguards. It uses a native token (ORT) for fee payment, staking, and governance. The live site shows a continuous stream of newly minted tokens with low market caps, consistent with a pump.fun-style launchpad model. The project raised $7.5M in a private round and has undergone a security audit by Shell Boxes.

Campfire is a decentralized finance platform that tokenizes real-world renewable energy assets, including wind farms, hydroelectric facilities, solar installations, and biomass projects, to facilitate on-chain yield investment. Users can provide capital to energy projects denominated in USDC and receive tokenized asset representations (such as CF-WIND1 or CF-HYDRO1) that are tradeable through an integrated decentralized exchange. The platform employs multi-asset tokenization strategies to represent both operational assets generating existing cashflows and newly developed projects. The platform architecture connects traditional climate finance mechanisms with decentralized finance liquidity infrastructure. As of available documentation, the platform is in pre-launch status.

Cari Network is a permissioned blockchain platform built on ZKsync that enables chartered U.S. banks to issue dollar-denominated digital tokens representing customer deposits. Each token is backed by an underlying bank deposit and maintains FDIC insurance eligibility up to applicable limits. The platform provides instant, programmable money movement with on-demand conversion between tokens and fiat currency. It is designed to integrate with existing bank infrastructure while meeting banking regulatory and compliance requirements. The platform serves commercial bank customers and digital asset market participants. Cari Network is operated by CARI LLC, a U.S.-based entity.

Catalysis is an onchain risk coverage protocol that provides vault-native protection for institutions participating in decentralized finance, backed by pooled restaked digital assets. Coverage contracts are fully programmable via smart contracts, with automated pricing, claim evaluation, and collateral-slashing-based payouts, eliminating manual underwriting requirements. The platform serves institutional users seeking scalable, legally enforceable protection against decentralized finance-specific risks such as smart contract exploits or protocol failures. CoverPool curators manage risk pools and route premiums to delegators, establishing a marketplace structure between coverage buyers and restaked-asset providers. The protocol integrates restaking infrastructure with onchain insurance mechanisms.

Catena Labs operates a regulated financial institution designed to enable AI agents to hold assets, execute payments, and conduct autonomous financial transactions. The platform's core architecture centers on regulated stablecoins functioning as a medium of exchange for AI agents, integrated with bridges connecting to traditional banking infrastructure and payment systems. The system incorporates identity verification and compliance mechanisms tailored to AI agent operations, including risk management frameworks specific to autonomous agent behavior. The platform serves businesses and consumers participating in agent-based economic activities.

Centi is a Swiss blockchain payments company that builds stablecoin and tokenization infrastructure aimed at bridging traditional finance and the unbanked population. Its core product lines include a non-custodial consumer wallet (centi.app) that allows cash-to-digital-currency conversion without a bank account, and a business platform (centi.business) offering stablecoin-as-a-service, white-label stablecoins, coupon vouchers, and tokenization services. The company uses the STAS token protocol on Bitcoin and positions its technology for micropayments by reducing transaction fees to sub-cent levels. Centi is headquartered in Switzerland, operates under VQF membership in compliance with FINMA anti-money laundering rules, and serves both individual consumers in underbanked markets and businesses seeking programmable digital asset infrastructure.

cNGN is a Nigerian Naira-backed stablecoin issued on multiple blockchains including Ethereum Base, Solana, and Asset Chain, designed to bring the Naira onchain as a compliant settlement asset. The token maintains a 1:1 peg to the Nigerian Naira and is backed by reserves, with transparency reporting available on its website. cNGN targets crypto exchanges, fintechs, and digital asset platforms across Africa that need native Naira liquidity, onramp/offramp rails, and low-cost cross-border transfers without traditional banking bottlenecks. Partners include Quidax, Roqqu, Kora, Convexity, and Cardinalstone, positioning cNGN as infrastructure for the African digital finance ecosystem.