This article takes stock of various DeFi protocols on Starknet

深潮TechFlow

特邀专栏作者

2022-07-06 02:34

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The DeFi landscape of Starknet.

Author: Magnety Intern

Original compilation: TechFlow Intern

As you know, Magnety cannot function without the strong DeFi ecosystem on Starknet. Fortunately, innovative DeFi protocols are being built, and industry giants are coming. Let's take a look at Starknet's DeFi landscape.

There are currently two wallets and an upcoming project that can interact with the DEFI protocol on Starknet:

@argentHQ this is the first Starknet wallet
@myBraavos has a unique user experience
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There are currently two cross-chain bridges that can bring liquidity to Starknet (mainnet and testnet):

StarkGate, the native bridge for Starknet
@Orbiter_Finance

And @layerswap,first level title

AMMs on Starknet

On the AMM side, let's start with @mySwapxyz.mySwap was one of the first protocols to launch on Starknet, it is currently an AMM in the testnet, you can test the application by exchanging and providing liquidity.

JediSwapAlso AMM on testnet, it is a community-oriented project: everyone can contribute to project development, regardless of their field of expertise, it is a great community experiment. If you're interested in getting involved, visit their Discord.

SithSwap is an AMM for stable and unstable assets powered by Starknet, this AMM integrates multiple functions such as bribes, locking voting rights, incentives... It is a hybrid between Curve and Uniswap V2. The testnet will be launched later this month.

@starkswap is another AMM aimed at building a large number of DEFI products. For example, the team recently released their "Iron Fleet" application, which allows you to interact on ETH dApps (currently YFI on the testnet) at low cost, both applications are currently on the testnet .

@alpharoad_fiThis AMM mainly has two additional functions:

- DEFI strategy can be replicated through treasury

- Collection of NFTs

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DEFI HUB project powered by Starknet

@StarkDefi is a project aiming to create a DEFI HUB powered by Starknet.We will find that it is special in:

- AMM

- Staking and Yield Services

- Create NFT service

- Launchpad

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Money Markets on Starknet

@zkLend is a money market built on Starknet, developing innovations and offering two products:

Provide permissionless services for DEFI users: Artemis
Compliance Services for Institutions: Apollo

The test network is planned to be launched this month.

Speaking of currency markets, here are three more:

@curve_zero Developed a fixed rate loan system
@xBankFinance, which is the first money market built on Starknet. dApp is live on testnet
@AaveAavefirst level title

DEX on Starknet

Let’s move on to DEXs, there are currently 3 DEXs:

@BrineFinance is a DEX for spot trading, providing a variety of features, such as cross-chain and order book transactions, dashboards... The protocol will be released on the Starknet test network (currently live on the ETH test network)

@ZKEX_Official is a multi-chain DEX, built on top of three Zk: @zkLinkorg, @zksync and Starknet. Spot and perpetual contracts can be traded in a trustless manner, and the testnet plan is coming soon.