As a leading DeFi development company, we help you build secure, scalable, and robust DeFi platforms and solutions for diverse use cases across industries. From dApps and wallets to DEXs and tokens, our full-cycle DeFi development services cover a range of highly sought-after DeFi solutions that offer better transparency and security.
We offer 360-degree DeFi services to meet your specific business requirements. Following are the few selected DeFi services we offer our customers:
We can help you develop a DeFi ecosystem that works on an expansive network of financial instruments, including banking, payments, lending platforms, and more.
We develop autonomous smart contracts that help verify or execute crypto-related fund transactions, settlements, or agreements without involving third parties.
Our team assists you in launching your decentralized exchange that provides your customers with a seamless token buying experience.
Our development team helps you build DeFi wallets that offer crypto traders and users complete control over their funds and assets data.
We develop a secure and permissionless DeFi lending platform that allows users to supply and lock their funds in smart contracts, which they can borrow by paying the interest.
We build and deploy decentralized finance applications on a peer-to-peer network where nodes’ consensus will have more control by removing a single central authority.
There are a wide array of use cases for DeFi. Its potential applications keep growing as time progresses, and we are constantly finding new ways to utilize DeFi tokens. Some of the most notably used DeFi applications are seen below:
Benefits of DeFi in asset management
Benefits of DeFi in gaming
Benefits of DeFi across marketplaces
Benefits of DeFi in lending and borrowing
Benefits of DeFi across decentralized exchanges
Benefits of DeFi in identity management
Benefits of DeFi insurance
Benefits of DeFi prediction markets
Benefits of DeFi-based stablecoins
You are just one step away to get started. Catch up on a call with us to meet your business needs.
As a DeFi technology leader, we have designed and developed various DeFi-based solutions for corporate giants and business startups. Some of the prominent advantages that can help you gain an edge in the competitive DeFi landscape are:
Studies show the total value locked in decentralized finance has increased by over 4x times since July 2020 from $9.1 Bn to $38.1 Bn by July 2022.
DeFi users have grown by 300,000 since early 2022; less than half the increase was during 2021, selling application-specific projects associated with DeFi.
Research carried out by leading institutes shows that the cumulative revenue on DeFi protocols surpasses $4.5 billion as of March 2022.
Be impressed by how brands are reimagining their business strategies with cutting-edge DeFi solutions built using blockchain. To stay ahead of the business curve, you must adapt to the changing industry technology standards and work policies to be a leader in your financial industry. To know more about our expertise in the DeFi space, see our DeFi capabilities listed below.
Hyperledger is an open-source distributed ledger framework used to build decentralized systems and apps with a modular architecture.
Ethereum is a global, open-source distributed ledger platform for building decentralized applications with smart contract functionality.
Stellar is an open-source, decentralized protocol used to develop, transfer and trade digital representations of all forms of money globally.
Corda is a leading scalable DLT platform that helps you build dapps with improved transparency and efficiency across regulated markets.
EOS is an open-source blockchain protocol used to build decentralized applications with high processing speed and flexibility.
Ripple is a blockchain-based digital payment network that helps financial institutions, payment providers, and digital exchanges to send money globally.
Hashgraph is a DLT platform that creates fast, fair, and secure applications, enterprise-level DApps, and industry solutions.
An open-source blockchain platform used to tackle the developer community's major challenges and hurdles during blockchain implementation.
A blockchain-based decentralized platform used to build decentralized ecosystems with simplified architecuture and smart contract capabilities.
Schedule a free consultation with our Defi experts for your Defi solutions development and know how we can transform your enterprise operations.
The growing popularity of cryptocurrencies across millions of people worldwide has forced traditional banks to search for new business economy models powered by the latest coding and security standards for better financial access, opportunity, and trust. DeFi was introduced as a solution to this problem. From DAOs to digital assets, decentralized finance protocols offer easy access to financial services without the need for centralized intermediaries.
Making finance-based services more accessible and user-friendly to customers through DeFi, it replaces age-old banking infrastructure and payment processes. Moreover, it gives people more control and visibility over their own money.
We are the one-stop destination for your DeFi requirements:
1. Market Research: Firstly, we research the target market and the available DeFi solutions found in the market. Our team evaluates the advantages and disadvantages of existing financial systems and related technologies to include better functionality in your DeFi solution. Once we have gathered relevant insights into the target market's demands, our team analyzes whether it is worth developing a new DeFi solution.
2. Tokenomics Design: As the next step, our team works on the tokenomics part of the solution. Here we decide the created token type, which can be inflationary or deflationary. Then how it will be distributed among users, whether these tokens grant voting privileges to its users, the type of blockchain protocol used for its development, whether it needs to be introduced as a stablecoin, and many other relevant things.
3. Start the Solution Development Life Cycle: Next, we draw a rough design of the DeFi solution. Our team starts the DeFi solution development, where we turn the design into a functional product using our pre-built DeFi solution. Then, we compare your feature requirements with our pre-built DeFi solution (if you have any) at this stage. We can build a solution prototype within a week if you only want to make some minor branding tweaks.
4. Launch, Analyze & Improve: We are now ready to launch your solution into the market. After the launch, we gather feedback from its users to improve the solution. The DeFi product development is not finished there. After considering user comments on the product, our team works to improve the DeFi solution and upgrades it with the latest technological enhancements.
We are trusted by hundreds of clients ranging from tech startups to Federal agencies worldwide. Following are some notable clients who had faith in our DeFi capabilities.
Our Defi platforms can help you transform how your financial operations are carried out through the digital ecosystems while promoting trust, transparency, and efficiency. Connect with our DeFi experts to get started.
Many DeFi enthusiasts across the globe are curious to know more about the What's, Why's, and How's of the DeFi solutions development. So here, we have gathered a few popular questions based on DeFi, and our solution experts have answered those to clear the concerns and doubts of innovators. We wish you find the answers you are looking for here; if not, don't worry! Drop us an email back mentioning your doubts, and we will respond with proper answers within the next 24 Hrs.
Decentralized Finance (DeFi) is an emerging financial technology based on secure distributed ledger technology similar to those used in cryptocurrencies. The DeFi system removes banks' and institutions' control over cash flow, financial products, and other finance-based services.
Some of the primary advantages of DeFi-based solutions or products are:
Decentralized Finance is an umbrella term for financial applications and solutions built on blockchain technology. Each DeFi transaction is governed using automated smart contracts without the need for any intermediary. In a nutshell, while buying a product online, instead of the bank or credit card issuer acting as an intermediary between you and the product merchant, you can directly pay for the product from a digital wallet under your direct ownership. Since it takes out the middleman in a financial transaction, it is also known as Open Finance.
The main elements present in a DeFi application are:
People use DeFi due to these four primary reasons:
As you can see, DeFi has a lot of advantages. However, you might also perceive that despite these advantages, it is still susceptible to many legal and regulatory issues.
Get a free consultation from our DeFi experts to learn how to tackle these issues.
Overall, selecting the right DeFi development company requires careful consideration of several factors, including experience, technical expertise, development process, communication skills, security and compliance practices, customer support, and cost.
The DeFi solution configuration and the functionality involved will determine the cost of building a DeFi platform. Talk to our DeFi experts today to get the exact price quote for your project needs.
Take a look at the important steps involved in getting started with DeFi development:
If you have doubts or concerns about DeFi development, kindly schedule an appointment with our blockchain experts to discuss your DeFi solution idea. After carefully reviewing your DeFi requirements, our solution experts will offer you the best strategy for building your solution.