DeFi Protocols
Lending & Borrowing
Folks Finance
Folks Finance started as a non-custodial lending and borrowing platform on Algorand in 2022, quickly becoming the largest and most popular DeFi app in the Algorand ecosystem. It allows users to lend assets to earn yields, borrow against collateral, participate in liquid staking (e.g., with features like gALGO for Algorand Governance and xALGO for cross-chain liquid staking), perform efficient swaps via its DEX aggregator (Folks Router), and more—all in a permissionless, smart contract-driven way.
- Folks Finance Website: https://folks.finance
- GitHub (Folks Router): https://github.com/Folks-Finance/folks-router
- GitHub (JavaScript SDK for Folks Finance): https://github.com/Folks-Finance/algorand-js-sdk
- GitHub (Wormhole NTT on Algorand): https://github.com/Folks-Finance/algorand-ntt-contracts
- GitHub (Liquid Staking Contracts): https://github.com/Folks-Finance/algo-liquid-staking-contracts
- GitHub (Algorand Smart Contracts): https://github.com/Folks-Finance/algorand-smart-contract-library
- GitHub (xChain SDK): https://github.com/Folks-Finance/xchain-js-sdk
- GitHub (xChain Contracts): https://github.com/Folks-Finance/xchain-contracts
Decentralized Exchanges (DEXs) and Automated Market Makers (AMMs)
Tinyman
Tinyman is a leading decentralized exchange (DEX) and Automated Market Maker (AMM) built on the Algorand blockchain. Tinyman serves as a decentralized trading protocol that provides an open, secure, and user-friendly marketplace for:
- Swapping/trading Algorand Standard Assets (ASAs) and ALGO
- Providing liquidity to pools
- Earning fees as a liquidity provider
- Participating in yield farming, staking, and governance
Links:
- Tinyman Website: https://tinyman.org/
- Tinyman X Account: https://x.com/tinymanorg
- GitHub (Tinyman AMM Contracts V2): https://github.com/tinymanorg/tinyman-amm-contracts-v2
- GitHub (Tinyman AMM Contracts V1): https://github.com/tinymanorg/tinyman-contracts-v1
- GitHub (Tinyman ASA List of tokens): https://github.com/tinymanorg/asa-list
- GitHub (Tinyman JavaScript / Typescript SDK): https://github.com/tinymanorg/asa-list
- GitHub (Python SDK): https://github.com/tinymanorg/tinyman-py-sdk
- GitHub (Tealish): https://github.com/tinymanorg/tealish
Pact
Pact is a decentralized finance (DeFi) protocol on the Algorand blockchain. It's an Automated Market Maker (AMM) — basically a decentralized exchange (DEX) that lets users:
- Swap tokens
- Provide liquidity to pools
- Earn rewards (including from farms/staking LP tokens)
Links:
- Pact Website: https://www.pact.fi
- Pact X Account: https://x.com/pact_fi
- GitHub (Pact JS SDK): https://github.com/pactfi/pact-js-sdk
- GitHub (Pact Python SDK): https://github.com/pactfi/pact-py-sdk
- GitHub (ASA List): https://github.com/pactfi/asa-list
- GitHub (Pact Documentation): https://github.com/pactfi/pact-docs
Haystack
Haystack is a mobile-first DeFi (decentralized finance) app built on the Algorand blockchain. It's designed to make trading, swapping, and earning yield easy and accessible, especially on iOS and Android devices. Now available via website in addition to mobile. Key features include:
- Trading/swapping tokens with aggregated liquidity (via Deflex router for best execution)
- Launching your own tokens easily (Haystack Launch/bonding curve style, similar to alternatives like rug.ninja)
- Staking, earning yield (including auto-yield), lending integration (e.g., with Folks Finance)
- Haystack Login for easy onboarding (social auth, non-custodial)
- Portfolio tracking, notifications, referrals (with revenue share), and more
Links:
- Haystack Website: https://hay.app
- Haystack X Account: https://x.com/haydotapp
- GitHub (Haystack Router SDK): https://github.com/TxnLab/haystack-js
- GitHub (Agent Skills for Haystack Router): https://github.com/TxnLab/skills
Vestige
Vestige is an all-in-one DeFi platform on Algorand that includes:
- A powerful swap aggregator that finds the best rates by routing trades across multiple Algorand DEXes (like Tinyman, Pact, Folks Finance integrations, etc.)
- Portfolio tracking
- Price charting and asset discovery for Algorand Standard Assets (ASAs)
- Trending ASA explorer and analytics tools
Links:
- Vestige Website: https://vestige.fi/
- Vestige X Account: https://x.com/vestigefi
- Vestige API: https://api.vestigelabs.org/docs
- GitHub (Vestige Widgets): https://github.com/vestigefi/widgets
- GitHub (Vestige Known ASA Wallets): https://github.com/vestigefi/KnownAssetWallets
AlphaArcade
AlphaArcade is a decentralized prediction market platform built on the Algorand blockchain. It's designed as a fast, low-fee alternative to platforms like Polymarket, where users can bet on (or "predict") the outcomes of real-world events across categories like:
- Sports (e.g., NBA games like Magic vs. Lakers, Super Bowl)
- Crypto prices
- Politics (e.g., U.S. government shutdowns, elections)
- Geopolitics, business, and more
Key features that set it apart:
- It uses a limit order book system for trading yes/no outcome shares.
- 100% of the platform's trading fees are distributed to holders of its native token $ALPHA.
- Liquidity providers (LPs) can earn USDC rewards
- Fully on-chain and decentralized
- Tools for builders (SDK, APIs) to create bots or integrate
Links:
- Alpha Arcade Website: https://www.alphaarcade.com/
- Alpha Arcade X Account: https://x.com/alphaarcade
- GitHub (Alpha SDK): https://github.com/phara23/alpha-sdk
- GitHub (Alpha MCP): https://github.com/phara23/alpha-mcp