Part 1 covered Liquid Staking, Lending, and Decentralized Exchanges. Part 2 covered Bridges, Collateralized Debt Positions, and Services. Part 3 covered Yield Protocols, Tokenization of Real World Assets, and Derivatives. Part 4 covers Yield Aggregators, Cross Chain Protocols, and Synthetics. Part 5 covers Launchpads, Indexes, and Liquidity managers.
1. Launchpads
Launchpads are platforms within the DeFi space that facilitate the launch of new projects and tokens. They provide a structured environment for developers to raise capital, gain initial liquidity, and attain a user base.
Launchpads operate through smart contracts that handle the fundraising and distribution of the new tokens. They often have a vetting process to ensure the projects align with certain standards, ensuring a level of trust and legitimacy.
For investors, launchpads offer early access to potentially lucrative projects, while for developers, they provide a platform to kickstart their projects with the necessary resources and exposure.
No. of protocols: 41
Combined TVL: $494 million
The Top 3 protocols by TVL are:
UNCX Network ($203 million)
PinkSale ($156 million)
Team Finance ($82 million)
2. Indexes
Indexes in DeFi are protocols designed to track or gauge the performance of a group of related assets. Much like traditional financial indexes, they offer a snapshot of a particular market or sector's performance within the DeFi ecosystem.
These indexes are created through smart contracts on blockchain networks, which autonomously track the underlying assets' prices and performance.
The composition of an index may include various cryptocurrencies, tokens, or other DeFi projects that share a common theme or sector.
By providing a simplified representation of market trends, indexes serve as essential tools for investors looking to understand market movements without having to analyze each asset individually.
Additionally, some index protocols offer investable tokens that represent a share in the underlying assets, enabling diversified exposure with a single investment.
No. of protocols: 50
Combined TVL: $306 million
The Top 3 protocols by TVL are:
Enzyme Finance ($73 million)
Bwatch ($65 million)
Set Protocol ($59 million)
3. Liquidity managers
Liquidity managers are protocols that assist in managing liquidity positions within concentrated liquidity Automated Market Makers (AMMs).
These protocols automate the process of providing, withdrawing, and adjusting liquidity in AMMs to maximize returns and minimize risks. They utilize smart contracts to automatically reallocate assets and adjust positions based on market conditions.
By optimizing liquidity provision, these managers can enhance capital efficiency and potentially generate better returns for liquidity providers. They also simplify the management of liquidity positions, saving time and reducing complexity for the users.
No. of protocols: 27
Combined TVL: $315 million
The Top 3 protocols by TVL are:
Arrakis Finance ($184 million)
Gamma ($78 million)
Range Protocol ($12 million)