DeFi Development Services

We offer 360-degree DeFi services to meet your specific business requirements. Following are the few selected DeFi services we offer our customers:

Token Development

Token Development

We can help you develop a DeFi ecosystem that works on an expansive network of financial instruments, including banking, payments, lending platforms, and more.

Smart Contracts

Smart Contracts

We develop autonomous smart contracts that help verify or execute crypto-related fund transactions, settlements, or agreements without involving third parties.

DEX Development

DEX Development

Our team assists you in launching your decentralized exchange that provides your customers with a seamless token buying experience.

DeFi Wallets

DeFi Wallets

Our development team helps you build DeFi wallets that offer crypto traders and users complete control over their funds and assets data.

DeFi Lending Platforms

DeFi Lending Platforms

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.

DeFi dApps

DeFi dApps

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.

Want to build a scalable DeFi platform for your business?

You are just one step away to get started. Catch up on a call with us to meet your business needs.

Why You Should Embrace DeFi Technology?

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:

Total value locked in Defi increased 4x times

$38.1 Bn

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.

Exceptional growth in DeFi users on account

300K

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.

Massive cumulative revenue on DeFi protocols

$4.5 Bn

Research carried out by leading institutes shows that the cumulative revenue on DeFi protocols surpasses $4.5 billion as of March 2022.

DeFi Development Capabilities

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

Hyperledger

Hyperledger is an open-source distributed ledger framework used to build decentralized systems and apps with a modular architecture.

Ethereum

Ethereum

Ethereum is a global, open-source distributed ledger platform for building decentralized applications with smart contract functionality.

Stellar

Stellar

Stellar is an open-source, decentralized protocol used to develop, transfer and trade digital representations of all forms of money globally.

Corda

Corda

Corda is a leading scalable DLT platform that helps you build dapps with improved transparency and efficiency across regulated markets.

EOS

EOS

EOS is an open-source blockchain protocol used to build decentralized applications with high processing speed and flexibility.

Ripple

Ripple

Ripple is a blockchain-based digital payment network that helps financial institutions, payment providers, and digital exchanges to send money globally.

Hashgraph

Hashgraph

Hashgraph is a DLT platform that creates fast, fair, and secure applications, enterprise-level DApps, and industry solutions.

Tezos

Tezos

An open-source blockchain platform used to tackle the developer community's major challenges and hurdles during blockchain implementation.

Tron

Tron

A blockchain-based decentralized platform used to build decentralized ecosystems with simplified architecuture and smart contract capabilities.

Let's get started with Defi solutions development?

Schedule a free consultation with our Defi experts for your Defi solutions development and know how we can transform your enterprise operations.

Lead your finance business with decentralized finance

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.

How can we help your business?

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 the world's leading brands

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.

nasa
Nissan
united states postal service
USGS
Adnec
Homeland Security
giti
Smart Dubai
Dubai Electricity and Water Authority (DEWA)
Ministry of Health (MOH)
JP Morgan Chase and Co
Li and Fung

Ready to build a seamless DeFi solution?

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.

Frequently Asked Questions

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.

What exactly is DeFi?

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:

  • It eliminates banking charges and other financial companies' fees for using their services.
  • Users have full ownership and control of their money by storing it in a secure digital wallet instead of keeping it in a bank.
  • Anyone with an internet connection can manage it without needing any prior approval.
  • Users can transfer their funds to other bank accounts or digital wallets in a few seconds.
How does DeFi work?

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:

  1. Settlement layer: This layer acts as the base layer between the blockchain and the specific native asset involved in the transaction. 
  2. Asset layer: This layer connects all the tokens and digital assets native to a particular blockchain network.
  3. Protocol layer: As a governing layer, this lays down the guidelines or protocols for the smart contracts involved in the transaction. 
  4. Application layer: This layer brings the governing protocols to life with a consumer-facing user interface. 
  5. Aggregation layer: This layer uses different aggregators to connect with various dApps and protocols involved in the foundation process for finance borrowing, lending, and other related financial services. 
Why use DeFi?

People use DeFi due to these four primary reasons:

  • Better accessibility: Many people cannot open bank accounts or receive loans from financial institutions. But with the DeFi platform, anyone with an internet connection can access the platform from anywhere across the globe.
  • Low fees and considerably high-interest rates: DeFi solutions don't use any intermediary network, transaction charges are greatly reduced, and the owner can be involved with interest rate negotiations. Also, this helps them earn much higher interest rates than those paid by traditional financial institutions.
  • Increased transparency and security: DeFi platform users benefit from the transparency and security offered by blockchain technology. Smart contracts are executed in a way that protects the privacy of the user participants.
  • Functional autonomy: Decentralized Finance platforms don't rely on any centralized authority while initiating a financial transaction. The decentralized nature of DeFi protocols mitigates many of these most commonly seen business risks, such as hardships, bankruptcy, corruption, and over-leveraging of assets.
How to choose the right DeFi development company?
  1. Determine your project requirements: Before selecting a DeFi development company, determine your requirements, such as the features and functionality you need.
  2. Research the company's experience: Look for a company with experience in DeFi development, and check their portfolio and case studies to see if they have developed similar projects.
  3. Check their technical expertise: Ensure the company has the technical expertise to develop your project, including skills in blockchain technology, smart contract development, and decentralized application development.
  4. Consider their development process: Look for a company with a clear development process, including how they approach requirements gathering, design, development, testing, and deployment.
  5. Assess their communication and project management skills: Choose a company with good communication and project management skills, as these are critical to the success of your project.
  6. Check their security and compliance practices: Ensure that the company follows best practices in security and compliance, as DeFi applications are subject to regulatory and security requirements.
  7. Evaluate their customer support: Look for a company that provides excellent customer support, including post-deployment support, as this will be critical if issues arise.
  8. Consider the cost: Compare the pricing of different DeFi development companies, and choose a company that offers competitive pricing while providing quality services.

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.

Why choose Accubits' as your DeFi development company?
  1. Our DeFi solutions expert collaborates with you to build a future-proof DeFi platform that combines the power of DLT with finance-based applications.
  2. We help you adapt to changing business demands and always deliver custom solutions with upgradation capabilities to meet your unique demands using the finest development methodologies.
  3. Our experts are always willing to change our solutions development approach to cater to your needs.
  4. We've collaborated with the world's finest blockchain technology providers and platforms to deliver cutting-edge DeFi solutions to our clients.
  5. We have over seven years of experience in the DeFi space.
  6. Our technological and product development expertise in blockchain development has earned us the prestigious Frost and Sullivan award given to the best blockchain development company.
  7. We've teamed up with technology startups, federal agencies, financial institutions, and Fortune 500 firms to develop innovative Decentralized Finance solutions.
  8. We have a diverse team of qualified blockchain solutions experts to provide high-quality DeFi services.
What are the costs involved in DeFi solutions development?

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.

How to get started with DeFi development?

Take a look at the important steps involved in getting started with DeFi development:

  1. Understand blockchain technology and its benefits: DeFi relies on blockchain technology, which is a secure and decentralized ledger. Learn the basics to understand the underlying technology.
  2. Learn how to write smart contracts: Smart contracts are integral to DeFi applications. Develop skills in coding and deploying smart contracts with programming languages like Solidity.
  3. Choose a blockchain platform: Different blockchain platforms support DeFi development, such as Ethereum, Binance Smart Chain, and Polkadot. Research and choose a platform that meets your project requirements.
  4. Set up your development environment: You will need a development environment comprising an Integrated Development Environment (IDE), a blockchain network, and a wallet. Use tools like Remix, Ganache, and Metamask to set up your environment.
  5. Choose a DeFi protocol: There are different DeFi protocols to build your application, like Compound, Uniswap, and Aave. Choose a protocol that suits your project needs.
  6. Build your DeFi application: Develop your DeFi application by coding smart contracts, testing them, and deploying them to the blockchain.
  7. Test and audit your application: Before launching, thoroughly test and audit your application using tools like Truffle and MythX to ensure it functions correctly and is secure.
  8. Launch your DeFi application: Once you've tested and audited your application, deploy it on the blockchain, and make it available to users. Use platforms like GitHub and IPFS to deploy your application.

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.