Monad Madness Highlights: A Quick Look at 13 Innovative DeFi Projects

author:Keone Hon ⨀

Compiled by: Xiaobai Navigation coderworld

If you would like to meet any of these teams, feel free to contact me.

PART 1

TowneSquarexyz The team has greatly accelerated the onboarding of applications in the Monad ecosystem through Dapp abstraction technology. The video they showed clearly compares the onboarding process with and without Townesquare, and the results are very different. In addition to their clear vision, I also appreciate the thoughtfulness and fighting spirit of this team.

LEVR_bet Leveraged sports betting is bringing leveraged sports betting to life. Leveraged sports betting allows users to bet with up to 5x leverage; this leverage comes from the odds being monitored in real time, and if the odds drop too much, the position will be liquidated. Real-time risk management (and the possibility of liquidation) increases the appeal and engagement of this model.

chippedsocial Launched a press-on nail polish with an NFC chip. They are developing in a huge market with an annual output value of $1 billion, and have successfully attracted a lot of attention (3 million impressions) in a field that rarely considers female consumers. I like the expansion potential of this product because it involves decentralized identity, network creation and biohacking, while gaining a foothold in a highly contagious and profitable niche market.

Hyperplex_xyz AMMs are being developed that are more capital efficient and versatile, where users can earn higher yields by lending their assets to other protocols through opportunities discovered by the system. Their presentation is concise and powerful, successfully communicating the value to end users.

particleink We are creating a virtual world through AR technology, creating rich interactive and gamified experiences between us and the inhabitants of this world. The diverse game modes and beautiful visual effects immerse users in it. I like this open gameplay, and there are many unique innovations in user acquisition and function expansion.

DrakeExchange A one-click perpetualcontract DEX combines a hybrid order book and AMM model to challenge the monopoly of CEX. The team quickly launched new features such as order expiration, margin collateral exchange, and stablecoins for funding rate arbitrage, creating a feature-rich and smooth trading interface.

AccountableData Tools are being developed to improve bilateral lending and custody by providing proof of reserves and accurately tracking collateral and liabilities.SafetyThe team uses the latest technology (currently TEE, and plans to add ZKP) toSafetyMonitoring is differentexchangeI appreciate their efforts (36 custom adapters have been developed) and the strong fit between the founders and the market, CEO Wojtek previously launched the credit arm at Maven 11 and originated $1 billion in loans during the last bull run.

CadenceProtocol (Symphony) is building a one-click cross-chain perpetualcontractAggregator. When a user submits an order on a chain, the order will be split into multiple sub-orders andexchangeSymphony provides users with AA on each chain. wallet, ensuring that users have full control over their positions on each chain, while the aggregation tool allows users to manage positions individually or as a whole. I appreciate the team's thoughtful consideration of the user experience.

ammalgam A decentralized lending exchange (DLEX) is being developed that combines AMM and lending protocols. In addition to optimizing LP returns through lending opportunities, Ammalgam also provides innovative payment structures through pre-set strategies. I appreciate the team's ability to use mathematics to build practical payment models.

Plato2Earn Plato is building a gamified dining experience that benefits diners, restaurants, and network participants. Diners are rewarded for patronizing local businesses; businesses gain access to user and purchase data; and Plato’s loyal users can bet on the success of restaurants. I like the unique perspective of this project and that Plato is entering a large market while being able toCommunityCarry out effective ground promotion.

InfPools Provides leveraged trading without liquidation risk, adopts UniV3-style liquidity provider (LP) model, which enables LP to sell the right to exchange assets at a fixed price. This model allows borrowers to pay a funding feeXiaobai NavigationI appreciate the team’s clear vision and focus on execution over the past two years.

rethinkablexyz (IntroLink) helps users in the crypto space to significantly increase business development (BD) by creating and providing introductions. I like the team's rapid development capabilities, they launched their own Telegram app in a few weeks, and I am optimistic about its multiple potentials in the field of BD and recruitment.

Stay tuned for part 2!

The article comes from the Internet:Monad Madness Highlights: A Quick Look at 13 Innovative DeFi Projects

Related recommendations: The "Resistance Dog" movement has led to a surge in the price of TON's MEME coin REDO, and many institutions have posted their support for TON

Durov's hand-painted "Resistance Dog" became popular again, and the MEME coin REDO soared by more than 250%. Written by: Nancy, PANews After Telegram and TON founder Pavel Durov was suddenly arrested in France, the TON ecosystem suffered a setback, and the official launched a protest called "Resistance Dog"...