Top 5 Verlux 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

Money Market Protocol and the Oracle for Korea’s Digital Asset Market(detailed in https://docs.donkey.fund/about/whitepaper/english-whitepaper)

DeFi , Lending

Ethereum , Klaytn

$414,071

4,169

286

n/a

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

$222,577

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

$33,055

2,492

205

305

n/a

The first algorithmic stablecoin on Aurora chain, pegged to the price of 1 NEAR via seigniorage.

DeFi , DEX , Dexs , EVM

Aurora , Telos

$11,860

4,122

238

n/a

n/a