Top 5 AFX L1 Competitors & Alternatives

Pharaoh is a concentrated liquidity layer and exchange built on the Avalanche C-Chain, powered by the latest metaDEX x(3,3) methodology—a more fluid and accessible version of the popular ve(3,3) model.

DeFi

Avalanche

$14,538,800

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A protocol for building portfolios as digital assets (ERC-20) that represent a fully collateralized digital asset (ERC-20) that represents a fully collateralized portfolio of other assets including Bitcoin (WBTC), Ethereum (WETH), and fiat-pegged coins (DAI).portfolio of other assets including Bitcoin (WBTC), Ethereum (WETH), and fiat-pegged coins (DAI).

Asset management , DeFi , Indexes , Tokenization

Ethereum

$14,440,723

38,169

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zkLink is a unified multi-chain trading infrastructure secured with zk-SNARKS, empowering the next-generation of decentralized trading products such as order book DEX, NFT marketplaces, and more. zkLink builds a ZK-Rollup middleware that natively connects to various L1s and L2s, and provides an array of high-level APIs. Developers can easily deploy trading dApps with high customizability and access to aggregated liquidity, while their end users can benefit from a seamless multi-chain trading experience. Moreover, zkLink also supports OFT (Omnichain Fungible Token) issuing and bridging.

Chain , DeFi , Tooling

Arbitrum , Base , Blast , BNB Chain , Ethereum , view 7 more

$14,414,311

445,194

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2,093

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Bifrost is a project built on Kusama that allows users to participate in decentralized finance (DeFi) applications while earning staking rewards on their cryptocurrency.

DeFi , Liquid Staking

Astar , Bifrost , Ethereum , Filecoin , Kusama , view 4 more

$14,407,087

684

6,677

19,857

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Kyros is a liquid restaking protocol built on Jito (Re)staking, offering uncapped yield potential through its liquid restaking token, kySOL. As a yield-bearing asset on Solana, kySOL consolidates staking rewards, MEV rewards, and restaking rewards into a single token for optimized returns.

DeFi , Liquid Restaking , Liquid Staking

Solana

$14,380,827

4,958

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