Top 5 Ion Protocol (💧+💧) Competitors & Alternatives

The Superstate Crypto Carry Fund (the “Fund”) offers Qualified Purchasers access to crypto basis (differential between the spot and future price) strategies. The Fund optimizes the yield and risk of crypto cash-and-carry trades across the Bitcoin basis, Ether basis (including staking Ether), and U.S. Treasury securities.

Ethereum , Plume , Plume Mainnet , Solana

$977,851,232

9,880

n/a

n/a

n/a

M^0 is decentralized money middleware that allows institutions to issue cryptodollars

DeFi , RWA , Stablecoin Issuer

Ethereum

$874,494,303

8,652

n/a

n/a

n/a

Scalability stack for instant transactions and scalable smart contracts

Bridge , Canonical Bridge , Chain , DeFi , EVM , Infrastructure , Layer 2 , Scalability

Base , Ethereum , PGN

$646,619,155

7,566

n/a

n/a

n/a

Superstate is a blockchain-based government bond fund, using the Ethereum blockchain as a secondary record-keeping tool.

DeFi , RWA

Ethereum , Plume , Plume Mainnet , Solana

$623,416,243

9,880

n/a

n/a

n/a

Unit is the asset tokenization layer on Hyperliquid, enabling seamless deposits and withdrawals.

Bridge , DeFi

Bitcoin , Ethereum , Monad , Plasma , Solana

$518,141,133

9,280

n/a

n/a

n/a