69 Best Cryptocurrency Protocol Startups to Watch in 2024

Platform that simplifies investing in the best DeFi opportunities.

Total Raised: $26.00M

Last Funding: $26.00M (Unknown)

Nexus Mutual is a decentralized insurance protocol built on Ethereum that allows members to join and share risk.

Total Raised: $2.70M

Last Funding: $2.70M (Seed)

1inch is the developer of a decentralized finance platform and includes the 1inch Aggregation Protocol, the 1inch Liquidity Protocol, the 1inch Limit Order Protocol and the 1inch Wallet.

Total Raised: $2.80M

Last Funding: $2.80M (Unknown)

Drops is a permissionless loans platform for NFT assets.

Ramp is a multi-chain DeFi lending platform.

DYdX is a company that has a decentralized trading platform for margin trading, borrowing, and lending.

Osmosis is a decentralized peer-to-peer blockchain that people can use to create liquidity and trade IBC enabled tokens.

Futureswap is a non-custodial perpetuals exchange that focuses on being the best execution environment for trades.

Notional is a protocol on Ethereum that facilitates fixed-rate, fixed-term crypto asset lending and borrowing through a financial instrument called fCash.

Uniswap is an automated liquidity protocol on Ethereum.

Tinyman is a re-imagined decentralized trading protocol which utilizes the Algorand blockchain, creating an open and safe marketplace for traders, liquidity providers, and developers.

Risk Harbor is a risk management marketplace for decentralized finance (DeFi) that utilizes a completely automated, transparent, and impartial invariant detection mechanism to secure liquidity providers and stakers against smart contract risks, hacks, and attacks.

Numerai is a hedge fund with stock market trades determined by crowdsourced artificial intelligence models. The best models receive rewards in the form of a cryptographic token called Numeraire (NMR) on the Ethereum blockchain.

pSTAKE is the protocol that unlocks liquidity for staked assets.

A distributed protocol for creating, trading, and redeeming fully-collateralized options contracts for any ERC-20 token on Ethereum.

Beta Finance is the permissionless money market for borrowing, lending, and shorting crypto assets. This means that anyone at anytime is able to create a money market for any crypto asset. The protocol is live here.

A protocol for sending tokens across rollups and their shared layer-1 network in a quick and trustless manner.

Swim Protocol is a the Seamless Multi-Chain Liquidity Protocol founded in 2021.

Nomiswap is a decentralized exchange platform.

Built on Balancer V2, Beethoven X is the first next-generation AMM protocol on Fantom.

Anchor Protocol is a Terraform Labs DeFi tool for staking, lending and borrowing. Mainly known for ~20% APY on UST staking.

Wombat Exchange is a multichain stableswap backed by Binance Labs.

Velodrome Finance is the central trading and liquidity marketplace on Optimism.

Belt.fi is an AMM protocol with multi-strategy yield optimizing on Binance Smart Chain that also provides aggregation for maximum returns.

Built on Balancer V2, Beethoven X is the first next-generation AMM protocol on Fantom.

Nomiswap is a decentralized exchange platform.

SHERLOCK is a decentralized exploit protection.

NFTb is an NFT Marketplace built on the Binance Smart Chain (BSC) and expanding to multi-chain support with subsequent product updates.

Bastion is a decentralized lending and stableswap protocol built on Aurora, NEAR's EVM-compatible layer.

PancakeSwap is an open-source automated market maker (AMM) decentralized exchange (DEX) that runs on Binance Smart Chain, launched in 2020.

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi).

Platypus is a decentralized exchange on Avalanche.

Tinyman is a re-imagined decentralized trading protocol which utilizes the Algorand blockchain, creating an open and safe marketplace for traders, liquidity providers, and developers.

A blockchain company offering a utility cryptocurrency token running on the Ethereum blockchain that is stabilized by the U.S. dollar.

STEPN is a Web3 lifestyle app with Social-Fi and Game-Fi elements.

ApolloX is a cryptocurrency derivatives exchange.

Solana is a decentralized blockchain built to enable scalable, user-friendly apps for the world.