Ref Finance is a community-led, multi-purpose Decentralized Finance (DeFi) platform built on NEAR Protocol. Ref combines several core components: a decentralized exchange, lending, a synthetic asset issuer, and more -— into a single, synchronous DeFi stack.

Ref will take full advantage of NEAR’s low fees ($0.005 per swap), one-to-two second finality, and WebAssembly-based runtime (hello, Rust smart contracts!) to rival even CEX costs and speeds and become a powerful addition to the increasingly multi-chain DeFi ecosystem.

Using the recently launched Rainbow Bridge (NEAR  ETH), traders can utilize the billions of dollars in ERC-20-compliant assets from Ethereum, and eventually, from any chain (BSC, Polygon/Matic, Cosmos/IBC, and others) on NEAR.

Ref Finance’s first product is an automated market maker (AMM). It is similar to Uniswap, with a few changes:

- Multiple pools in a single contract. Traders can trade across pools atomically in a single transaction.
- Customizable LP fees per pool. LPs can charge higher fees for illiquid or highly volatile tokens.
Referral fees for swaps, currently set at 1 bps. Developers can earn rewards for building UIs and other applications on top of Ref Finance.
- The Ref Finance community is planning to launch a DAO on NEAR (using Sputnik DAO) to facilitate future development, upgrades, and community building. The DAO’s treasury will receive 4 bps from each swap.

The DAO will be governed by the $REF token, which will be distributed to LPs, developers, and users of the platform. The distribution details and mechanisms will be described in subsequent posts.

Ref Finance

Trisolaris is a one-stop trading platform for the NEAR blockchain, running on NEAR’s Aurora engine. It is the first DEX on Aurora, enabling a seamless trading experience similar to native Ethereum for a fraction of the cost, taking advantage of the great underlying architecture provided by the Aurora engine.

Trisolaris

A launchpad, DEX Aggregator, and Yield Aggregator all in one. Pad.Fi (NearPAD) is changing the way communities and developers access open finance tools for crowdfunding, asset management, and yield optimization. The platform will also be the first DAO-led protocol on Aurora by giving its community complete control over how treasury and public funds are utilized for the ecosystem.

Pad.Fi

WannaSwap is one of the first DEXs to run on Aurora’s EVM, allowing fast, simple and cost-effective trading between Ethereum tokens such as Sushi, Balancer and Uniswap and those on NEAR.

The development team’s initial focus will be to create features such as Swap, Farming and Staking for users, but with a number of innovative twists:

- Transaction fees on WannaSwap will be just 0.2% — the cheapest on NEAR.
- WannaSwap will have a unique feature called Referral. Users can refer other users to join Farming and get back a reward equal to 3% of the $WANNA earned by the referrer.

In addition to the features of a DEX, WannaSwap has plans for a range of other features, as laid out in its roadmap above.

WannaSwap’s immediate goal is to become a key liquidity hub on Aurora. In future, WannaSwap aspires to be a vital onramp for new DeFi users looking for an easy to use, fast, and low-cost platform, built on NEAR.

WannaSwap

Injective, Access limitless markets with zero barriers.

Injective is the first front-running resistant, layer-2 exchange protocol that unlocks the full potential of borderless decentralized finance (DeFi) by supporting margin trading, derivatives, and futures.

Injective is backed by industry titans such as Pantera Capital, Binance, and Hashed.

Injective Protocol

DODO is a new generation of on-chain liquidity solutions, which uses the proactive market maker algorithm (PMM) to provide pure on-chain and contract-fillable liquidity.

DODO accepts liquidity providers (LP) assets. It gathers funds near the market price to provide sufficient liquidity. LP may face counterparty risk, so DODO will dynamically adjust the price to encourage arbitrageurs step in to limit the counterparty risk and keep the portfolio of the capital pool unchange.

DODO

SushiSwap, An evolution of Uniswap with SUSHI tokenomics. Operate by Chef Nomi, Master of Omakase.

SushiSwap is a fork of Uniswap with a native governance token ($SUSHI) and a change in the reward distribution mechanism. With Uniswap, LPs earn 0.3% of trading fees whereas on Sushiswap, LPs will earn 0.25% fees, with the remaining 0.05% being distributed to SUSHI holders.

The objective is to incentivize early liquidity providers with added incentive for bootstrapping the pools. In Uniswap, LPs earn fees so long as liquidity is provided. Sushiswap aims to add a more passive form of income with early LPs benefitting from the future traction of the protocol through SUSHI and the 0.05% fee.

In typical DeFi degen style, SushiSwap founder Chef Nomi made a call to arms for auditors to conduct a smart contract audit after the protocol reached $150M in TVL within the first 5 hours of launch. Quantstamp has since taken responsibility to audit the contracts alongside a 48 hour time lock on the governance contract to prevent any malicious activity from the founder. A rewards distribution of 10% has been set aside for the team for audits & operational expenses, an allocation which can reportedly be adjusted through governance.

SushiSwap

AuroraSwap is a decentralized exchange (DEX) on the Aurora Chain.

AuroraSwap’s design is based on the Uniswap constant-product automated market maker (AMM). In an AMM, liquidity providers simply deposit a pair of tokens and an algorithm automatically makes markets for the token pair. Traders can easily swap between tokens in the AMM and get guaranteed rates for the swaps. Each swap on AuroraSwap incurs a fee, which gets distributed to liquidity providers as their payment for work.

AuroraSwap

SynFutures is a next-generation derivatives exchange focused on creating an open and trustless derivatives market by enabling trading on anything with a price feed. By cultivating a free market and maximizing the variety of tradable assets, SynFutures is lowering the barrier to entry in the derivatives market, creating a more equitable digital assets exchange market.

SynFutures

Necc is a yield-bearing, fully collateralised stablecoin protocol. These properties are achieved by creating delta neutral positions on whitelisted collaterals. Deposited collateral is lent out to long and short traders to create up to 50x leveraged positions. Fees from trading and liquidations accrue to the stablecoin minters via a second token, NECC.

NECC can also be vested by selling NDOL or NDOL/nNECC LP tokens to the Treasury.

The stablecoin, NDOL, can be minted by depositing a whitelisted collateral. This stablecoin is minted 1-1 to the collateral's USD value, per its associated Flux oracle price feed. NDOL can be burned for any whitelisted collateral type at a rate of (collateral in pool) / (supply of NDOL).

Traders looking to open leveraged positions can "borrow", or more accurately, trade against the collateral pool, with up to 50x leverage. A trader can deposit 1 ETH, then borrow 1 more ETH, for a total position size of 2 ETH.

NDOL retains its value against trading by seizing the long and short traders' collateral when price volatility occurs, and by natural price appreciation when prices rise.

Necc Protocol

Next gen. AMM protocol by 1inch! Redistributes earnings to liquidity providers, capitalizes on user slippages and protects traders from front-running attacks.

Mooniswap

Curve is an exchange liquidity pool on Ethereum (like Uniswap) designed for (1) extremely efficient stablecoin trading (2) low risk, supplemental fee income for liquidity providers, without an opportunity cost.

Curve allows users (and smart contracts like 1inch) to trade between DAI and USDC with a bespoke low slippage, low fee algorithm designed specifically for stablecoins. Behind the scenes, the liquidity pool is supplied to the Compound protocol, where it generates income for liquidity providers.

Curve is currently in alpha - the codebase will be published on Github in the next 48 hours, and an external audit will begin in the near future. Please don’t supply your life savings, or assets you can’t afford to lose, to Curve, especially as a liquidity provider.

Using Curve as an exchange user should be significantly less risky, but this is not advice.

Curve Finance

Kyber Network is a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates.

Kyber Network

Odo unites the world of real finance and the world of DeFi, forming a completely new ecosystem at their junction. Our infrastructure solutions allow people to earn money all over the world, communicate, and embody new ideas. Our task is to create an ecosystem of services and tools that allow us to involve our users in the global economic system and allow them to become its participants.

Odo Ecosystem

Arken Finance is a DEX aggregator combining all trustworthy DEXs in the market with the best rate offering and level up your trading experience with greater returns.

Arken Finance

Rubic is the Multi-Chain Swap Protocol which allows you to swap any of our 15,000+ assets, on and between 11 blockchains, in one click. Rubic’s Multi-Chain Routing Protocol includes On-Chain & Multi-Chain swaps for Ethereum, BSC, Polygon, Avalanche, Moonriver, Fantom, Harmony, Solana, Arbitrum, NEAR and Aurora, with seamless fiat on-ramps and more!

Rubic’s aim is to deliver a complete “One-Stop, Full-Circle” decentralized trading platform. Rubic.exchange is the place where users can complete Multi-Chain swaps using an intuitive solution, to get the best rates from all leading trading protocols.

Rubic

KreskoFi is a composable, capital-efficient synth asset protocol + DeFi liquidity hub and help making wealth accessible w stocks and yields.

Kresko Fi

Buffer is an on-chain peer-to-pool options trading protocol. It allows anyone to buy options against any asset without the need of a counterparty/option seller. All options are created and executed against a Liquidity Pool where anyone adds liquidity and earns yield from the option premium paid by the option buyer.

Buffer Finance

Liquidity layer on Aurora comprising of a cross-chain stablecoin and wrapped assets exchange and CDP based stablecoin RUSD.

Rose

Spin is a multichain DEX that makes decentralized crypto futures and options trading more efficient by providing traders with advanced risk management and strategy-building tools as well as a superior Central Limit Order Book order execution model combined with AMM.

Spin’s goal is to provide users with the ability to trade derivatives such as futures and options on a decentralized exchange with an order book that features proprietary risk management tools. We are also striving to welcome more newbie traders into the platform and onboard them with the help of user-friendly, low-entry point UI/UX to the unappreciated advantages of financial derivatives on the decentralized infrastructure of blockchain.

Spin’s development and business strategy is backed by our extensive background of over 5 years in asset management, algorithmic trading, risk hedging at Algalon Capital – a hedge fund that combines algorithmic, DeFi, and stock market strategies. In other words, we do perfectly understand what we do, why, and how.

Spin

OpenOcean is the world’s first full aggregation protocol for crypto trading that sources liquidity from DeFi and CeFi markets and enables cross-chain swaps. Our intelligent routing algorithm finds the best prices from DEXes and CEXes and splits the routes to provide traders the best prices with low slippage and fast settlement. The product is free to use; OpenOcean users only need to pay the regular blockchain gas and exchange fees for the trades, which are charged by the exchanges and not OpenOcean.

OpenOcean aggregates major exchanges (DEXes and CEXes) and across Ethereum, Ethereum Layer 2 such as Loopring and Polygon, Binance Smart Chain, Solana, HECO, Ontology, TRON, Aurora, and is the first full aggregator on Binance Smart Chain, TRON, Ethereum Layer 2, and Binance exchange. We continue to aggregate public chains and exchanges based on the needs of the community.

OpenOcean

Orderly Network is an on-chain orderbook DEX that aims to provide spot trading, margin trading, perpetual swaps, and lending & borrowing.

Orderly Network

Surge will offer world-class liquidity management for protocols, attractive rewards for liquidity providers, and advanced tooling for traders.

Surge Finance

Being players in the FinTech and blockchain industry for more than 5 years, we understand the barriers and pain points users face when navigating the DeFi space. To help combat such complexities, we developed Krystal, a one-stop platform to access all your favourite DeFi services.

With Krystal, you can store digital assets on multiple blockchains, exchange tokens at the best rates, benefit from low gas fees and save/lend/supply tokens to earn interest.

Krystal

VEST is a next generation, decentralized derivatives exchange built on NEAR Protocol.

Vest’s mission is to make decentralized exchanges the best way to trade by providing derivatives that are seamless, intuitive, and error-free to all traders. Everything at Vest, is done with the end user experience in mind.

Vest will also be the first derivatives exchange to feature a hybrid orderbook + vAMM model to efficiently source liquidity to hundreds of permissionless markets, including those unavailable in centralized exchanges.

Vest Protocol

Amaterasu Finance is a native DEX on the Aurora chain. The governance token of the protocol is IZANAGI (ticker: $IZA)

Our goal is to be the leading DEX on Aurora and attain a high TVL, ultimately growing the Aurora ecosystem as a whole. The DEX will be the starting point but the team wants to expand the protocol. A few developments being considered are:

- Vaults
- Bonds
- And much more!

The concept of Amaterasu Finance comes from Japanese lore. Amaterasu is the goddess of the sun in Japanese mythology and Izanagi is also one of the most important Japanese deities. Most of the Amaterasu Finance ecosystem branding takes inspiration from Japanese lore/history.

Amaterasu Finance

Tonic brings the speed and convenience of centralized exchanges to NEAR while being fully decentralized.

We’re building a high-performance, fully decentralized trading platform. Buy and sell any NEAR token with low fees, deep liquidity and precise pricing, secured by the NEAR protocol.

Tonic DEX

Delta.Theta is a Peer-to-peer asset options trading platform. The platform consists
of the following modules:
- Delta.Theta Smart Contracts;
- LITE terminal for farmers;
- PRO terminal for traders;
- $DLTA token to fuel the ecosystem.

Currently, the platform can function in both Ethereum (most trusted) and Binance
Smart Chain (most popular among retail users).

Delta.Theta solves two biggest pains for farmers and traders. Farmers can take
advantage of more advanced trading strategies, using options to hedge risks of
impermanent loss and price surge of the underlying asset, which is locked for farming.
Traders can finally work with liquidity directly, omitting the LPs and CEX matching
engines, while enjoying a simple and classic options trading terminal interface.
delta.theta is processing the orders of participants, offering only fully covered
options. delta.theta does not take custody of user funds, and functions as an
intermediary between market participants.

$DLTA token has an essential utility in the platform, granting the token holders
with a number of benefits, including market reports and extended platform functions.

Delta.Theta

The first advanced DeFi DEX with NFT focus combining DeFi + NFT in 1 platform providing liquidity not only for Fungible but also for Non-Fungible Tokens on the Aurora blockchain.

MutantSwap

Snails stable swap service on the NEAR blockchain, allowing users to trade between stable coins with low slippage. As a decentralized liquidity ecosystem the platform utilizes a low-fee algorithm designed to cater to stable coins and their many uses within the wider DeFi ecosystem.

Snails Finance

Jumbo is designed to be the most user-friendly exchange that sets out to eliminate the common struggles people experience when navigating Decentralized Exchanges. 

Thanks to various aspects of NEAR Blockchain and proprietary algorithms, Jumbo works seamlessly meaning each interaction with the exchange is supplemented with immediate visual feedback and appropriate instructions.  

Jumbo is specifically created to serve one purpose - unobtrusive and fun experience when trading/swapping, and staking your digital assets.

Jumbo Exchange

Marnotaur is an AMM-based, cross-chain liquidity protocol for secure decentralized margin trading. Powered by its own margin pools and large external DEXs like Uniswap, the protocol allows users to multiply their gains as well as drastically increase trading efficiency and asset diversification in the DeFi market.
 
Marnotaur can offer exclusive features such as distribution of liquidation fees to stakeholders, permissionless pools and under-collateralized access to stablecoins. The protocol is compatible with all other DeFi protocols, networks and multiple blockchains.

Marnotaur

VerdeX Labs is a decentralized hub that connects all of the primary DeFi use cases within one simple ecosystem on Algorand. In short, an all-in-one DeFi Platform! 

We’re building a protocol with unique features that are either currently missing on Algorand or being better built by our team. These include VerdeX Wallet, VerdeX Starter, VerDEX Aggregator, VerdeX Vaults and VerdeX AMM.

VerdeX

Brink, Eliminates Technical Risks by enabling users to trade assets and earn interest without Wallets and Gas/Tx’s.

Brink

EmiSwap is an AMM DEX supplemented by an ESW governance token, NFT gamified mechanics, Ethereum gas fee compensation, and 100% exchange fee distribution among ESW holders.

AwesomeNEAR

Exchanges

Exchanges projects building on NEAR and Aurora ecosystem.

Ref Finance

Multi-purpose DeFi platform built on NEAR Protocol.

Trisolaris

Bringing DeFi to the NEAR ecosystem.

Pad.Fi

NearPad. Launchpad & DeFi hub for the NEAR ecosystem.

WannaSwap

An AMM on NEAR's Aurora EVM.

Injective Protocol

Access limitless DeFi markets with zero barriers.

DODO

Decentralized Trading Protocol for Web3.

SushiSwap

A community-led suite of DeFi tools.

AuroraSwap

New Innovative DEX on Aurora Chain.

SynFutures

Decentralized Derivatives Protocol.

Necc Protocol

Inverse perps backed by an interest bearing stablecoin and bonds.

Mooniswap

AMM protocol by 1inch.

Curve Finance

Creating deep on-chain liquidity using advanced bonding curves.

Kyber Network

Multi-chain DeFi liquidity hub.

Odo Ecosystem

DeFi platform in Aurora Chain.

Arken Finance

Discover your Best Swap on any coins with Charts.

Rubic

Multi-Chain Swap Protocol.

Kresko Fi

Making wealth accessible to anyone, anywhere.

Buffer Finance

Gamified on-chain multi-asset options trading platform.

Rose

The liquidity layer for Aurora.

Spin

Multichain DEX designed for futures and options trading.

OpenOcean

Decentralized Full Aggregation Protocol.

Orderly Network

A permissionless orderbook protocol with next-gen decentralized trading infrastructure.

Surge Finance

NEAR's Central Liquidity Layer ⋈ AMM x DeFi Hub.

Krystal

Multi-Chain DeFi & NFT Management Platform.

Vest Protocol

Next Generation Derivatives on NEAR.

Amaterasu Finance

Upcoming Native DEX on Aurora Chain.

Tonic DEX

Orderbook DEX on NEAR.

Delta.Theta

A new paradigm for DeFi options.

MutantSwap

Advanced DeFi Platform for MutantPunksNFT.

Snails Finance

StableCoinSwap AMM on NEAR.

Jumbo Exchange

UI/UX Friendly AMM built on NEAR.

Marnotaur

AMM-based, cross-chain liquidity protocol for secure decentralized margin trading.

VerdeX

A Comprehensive DeFi Suite.

Brink

Conditional Orders for DeFi.

Emiswap

The first AMM decentralized exchange with NFTs and $ESW governance token.