Explore lending, borrowing, swapping, and more—all benefitting from Algorand's low transaction fees and instant finality.
Why DeFi on Algorand?
Ultra-low transaction fees and instant finality make DeFi applications on Algorand accessible and highly efficient.
Algorand’s Pure Proof-of-Stake consensus mechanism offers a secure and decentralized environment for DeFi applications.
Bridge assets to and from Algorand through robust interoperability solutions, connecting Algorand to other blockchains and the outside world.
Algorand is scalable by design, ensuring its DeFi protocols can handle high transaction fees without compromising speed or cost.
A thriving DeFi ecosystem
Folks Finance
Leading Algorand DeFi protocol that offers lend & borrow markets, swaps & more
Algomint
Bridge for crypto assets across different blockchains
Tinyman
DeFi protocol for swapping, exchanging and providing liquidity
Pact
Decentralized automated market maker for swapping & providing liquidity
Algorai Finance
Decentralized options vault, providing on-chain derivatives & leverage
Messina
Cross-chain asset transfers and Algorand liquid governance
CompX
DeFi suite with aggregation, token streaming, & portfolio tracking tools
Vestige
Asset explorer with portfolio tracking, price charts and token trading
Cometa
Liquidity farm with 60+ active farms at any one time
Humble
User-friendly DeFi protocol that allows users to swap, earn, and farm tokens
Ultrade
Cross-chain trading with a limit orderbook DEX, AMM, & marketplace
The Algorand directory
Explore the full ecosystem directory for a comprehensive list of projects building on the Algorand blockchain. Discover innovative solutions across DeFi, NFTs, gaming, real-world assets, and more.
FAQ
DeFi on Algorand
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Algorand's secure blockchain and Pure Proof-of-Stake consensus mechanism aim to provide a reliable foundation for DeFi applications. However, as with any DeFi platform, individual projects and users also influence overall security.
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Algorand offers ultra-low transaction fees, costing just 0.001 Algo per transaction. This makes DeFi applications on the platform cost-effective for both users and developers, significantly reducing barriers to entry and encouraging wider participation.
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Transactions on Algorand are incredibly fast. DeFi transactions on Algorand typically settle in less than 3 seconds, with instant finality. This provides a smooth and seamless user experience, and no waiting around.
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