Active and upcoming

Midnight is a non-custodial fixed-rate lending protocol implemented for the Ethereum Virtual Machine. It is organized around isolated, immutable, permissionlessly created markets with fixed-maturity. Lending and borrowing are implemented through the trading of credit and debt units, whose payoff structure is analogous to that of zero-coupon obligations, settling at the market's maturity. Participants trade by posting or consuming offers that do not lock capital and source liquidity only at settlement, allowing makers to quote across multiple markets at once. Markets can range from single to multi-collateral configurations, and gates can be used to implement access-control policies.

DRE is a stablecoin protocol developing dreUSD, a USD-pegged stablecoin redeemable 1:1 with USDC, and is fully backed by cash & cash equivalents, property & real estate credit, and short-duration secured loans. The contest scope is the dreUSD core contracts only; dreUSD an ERC-20 token, the dreUSDs ERC-4626 vault, and the on-chain mint, redemption, rewards distribution logic, and Layer Zero OFT adapters.

Decentralized perpetual futures on FX, crypto, and commodities. Decentralized liquidity. Powered by Bittensor.