Expert Reviews of DeFi Apps, Platforms, and Protocols

Our DeFi experts research, test, and write unbiased reviews of the best decentralized finance protocols, apps, platforms, and other tools.

In-Depth Reviews

Dex.Guru

DexGuru Review—Ease of Use, Fees, Wallets, and More

DexGuru is a decentralized cryptocurrency trading and analysis platform designed for modern traders. At its core, DexGuru combines on-chain blockchain analytics and trading capacities under one roof. In other words, you can trade and monitor various digital assets on one platform. You can also analyze and compare the price movements of various digital currencies using multiple indicators. In essence, everything thought of a modern decentralized stock exchange can be found on DexGuru. A number of DexGuru users may agree that the developers behind this project did a fantastic job. The platform is exceedingly intuitive with a user-friendly interface. Read on to learn more

1Inch Exchange

1inch Exchange Review—Ease of Use, Fees, Wallets, and More

Decentralized exchanges (DEXs) provide multiple benefits compared to Centralized Exchanges (CEXs)—benefits such as heightened security, self-custody, a broad basket of tokens to trade, and anonymity. Nevertheless, with the introduction of numerous DEXs and liquidity pools, monitoring and tracking asset price movements on different exchanges have become a nightmare. Besides, the Decentralized Finance (DeFi) industry is threatened by a wave of thin order books with minimal liquidity, which may cause huge losses through order cancellations. This is what led to the creation of the 1inch Exchange. 1inch is a non-custodial crypto aggregator that aims to solve the issue of thin order books and front-runner miners. It works by splitting orders and sharing them with other DEXs to get the best rates and reduce slippage. Read on to learn more. What Is 1inch Exchange? 1inch is a DEX aggregator, in other words, instead of functioning as an exchange itself, 1inch shares orders with DEXs and individual liquidity providers–fishing for the best exchange rates. It integrates flawlessly with many DEXs like UniSwap, MooniSwap, SushiSwap, the Balancer, and others. Users find it easy to swap ERC20 tokens with a single click. Currently, the aggregator supports more than 250 cryptocurrencies. 1inch aims to provide the best exchange rates for crypto traders by leveraging effective swapping routes from DEX exchanges and private liquid providers. In this regard, 1inch shows its users' available market prices and liquidity to make wise trading decisions. This eradicates the need for users to manually monitor different exchanges concurrently for the best rates.

Aragon

Aragon DAO—Ease of Use, Fees, Tokens, and More

Aragon is a unique Decentralized Autonomous Organization (DAO) project with a mission of championing community governance models. The beauty of blockchain technology is that it facilitates the development of multi-layered worlds. Though the name seems like a misspelling of Aragorn, the famous Lord of the Rings character, Aragon DAO draws its name from an autonomous district in Spain that once experienced a stateless form of governance for almost six years in the 1930s. The DAO aims to reintroduce this organized and functional community governance via blockchain. Aragon considers itself the mother of all DAOs—like what Bitcoin is to cryptocurrency. Although it's a DAO, it provides comprehensive templates and support for entrepreneurs to create DAO projects. In this regard, Aave and Decentraland DAO are built on Aragon. This review aims to address some of the commonly asked questions about Aragon, such as: What is Aragon?Is Aragon DAO free?How can you create your DAO with Aragon?How does Aragon make money? Read on to learn more.

Alpha Homora

Alpha Homora—Ease of Use, Fees, Wallets, and More

Alpha Homora is the first product that Alpha Venture DAO (formerly Alpha Finance Lab) ever released. As a platform, it is a pioneer in DeFi, and it practically helped define what leveraged yield farming is and how it works. Yield farming is a process in which crypto farmers provide liquidity to decentralized exchanges. In return, they get rewarded with a part of the fees that the users pay at the platform providing the pools. What makes Alpha Homora special is that it allows users to leverage their yield farming position up to 2.5x. It also provides yield farmers with plenty of options that they can set according to their own preferences. In simple terms, Alpha Homora gives crypto farmers the opportunity to maximize their earnings from liquidity mining. However, do keep in mind that while the product allows you to increase your profit, it also increases the risks, as is the case when working with leverage.

Alpaca Finance

Alpaca Finance—Ease of Use, Fees, and More

Starting as a stockbroker in 2015, Alpaca Finance has risen to be one of the biggest players in the decentralized finance (DeFi) space. As of June 2022, it offers one of the highest returns for yield farms and staking, so it is no surprise that millions of users in the DeFi space flock to it. When it was created, the platform started offering CFDs on US stocks and ETFs and offered one of the most extensive APIs for data research. Over the years, Alpaca Finance has evolved and has become one of the biggest DeFi projects, even creating its own token—ALPACA. It offers all of the features of modern DeFi, including yield farming, staking, lending, and borrowing on a blockchain. To learn more about the details of Alpaca Finance, continue reading.

Decentraland

Decentraland Review—Ease of Use, Fees, Profitability, and More

As the name suggests, Decentraland is a fully decentralized virtual reality platform where its users can create assets, trade coins, and explore the virtual world while using cryptos and NFTs. This virtual reality platform is in the form of a browser-based game where the main goal is working with virtual real estate and earning money. Once a user joins the Decentraland platform, they can start buying virtual real estate in the form of parcels with cryptocurrencies. If you have a parcel, you can use it to construct buildings like museums, art galleries, theaters, and much more. Since the platform is built on the Ethereum blockchain, anyone can join it as long as they have an ETH wallet. To learn more about Decentraland, continue reading.