Top 5 INSURANCE Competitors & Alternatives

Axial is creating the new center for liquidity on Avalanche. It is an implementation of the Stableswap mechanism and decentralized governance. As the centerpiece for liquidity of value-pegged assets, bridged and native assets will have a home and route throughout the Avalanche ecosystem. Axial was launched in November of 2021, and is one of many projects originating from the Snowball DAO.

Avalanche Ecosystem , DeFi , DEX , Dexs , EVM

Avalanche

$2,149,267

2,613

172

570

n/a

WasabiX is a DeFi protocol that enables for the creation of synth-tokens that represent the future yield of a deposit. It allows users to retrieve near instant tokenized value against temporary* deposits of stablecoins and ETH.

DeFi , EVM , Yield

Binance , BNB Chain , Ethereum , Polygon

$222,700

2,553

234

n/a

n/a

The Cycle Protocol is a yield optimizer containing vaults and a liquidity mining program.

DeFi , EVM , Yield Aggregator

Avalanche

$33,121

2,492

205

305

n/a

The first fully secure and real Defi solution for Bitcoin, built on the BTCB token with Binance proof of reserve.

Algo-Stables , DeFi

Binance , BNB Chain

$18,583

1,431

n/a

158

n/a

Shade.Cash is a decentralized protocol for private transactions on the Fantom Opera network.

DeFi , EVM , Privacy

Fantom

$10,861

2,212

219

999

n/a