Altcoins

BENQI is a leading decentralized finance platform built on the Avalanche network that offers lending, borrowing, and trading services with dynamic interest rates and an automated DEX.

The Theta Network is a decentralized video delivery platform that offers high-quality streaming and incentivizes users for sharing bandwidth and content.

As the first decentralized exchange (DEX) on Ethereum to support automatic market maker (AMM), Bancor supports instant and low-cost cryptocurrency transactions. In 2020, Bancor introduced unilateral staking and 100% impermanent loss solutions for AMM, allowing users to benefit from lower-risk solutions.

ZEC (Zcash) was launched on October 28, 2016, and belongs to the category of privacy coins in the cryptocurrency market. ZEC is the first blockchain system to use a zero-knowledge proof mechanism, which provides complete payment confidentiality while still maintaining a decentralized network on a public blockchain. Similar to BTC, ZEC has a total supply of 21 million. However, unlike BTC, transactions on ZEC automatically hide the sender, receiver, and amount on the blockchain, and only those with keys can see the content of transactions. Users have full control over their keys and can choose to provide them to others to view the information. ZEC can be seen as a branch of BTC, as it retains the original BTC model and is based on modifications to a version of the Bitcoin code.

As the world's second-largest AMM platform, Curve gains popularity among users for its technology and development as well as its incentive-based financial ecosystem. In the newly released whitepaper of crvUSD stablecoin, Curve proposes a novel smooth liquidation mechanism, which greatly enhances its competitiveness and attractiveness, demonstrating the large potential to become the world's first AMM platform to issue stablecoins in the near future.

Livepeer is a decentralized video streaming platform that uses blockchain technology to provide a more efficient solution to video encoding, storage, and distribution services.

Frontier is a versatile non-custodial DeFi wallet for securely managing a wide range of cryptocurrency assets including non-fungible tokens, across more than thirty-five blockchains.

Zilliqa is a high-throughput blockchain platform designed to handle high transaction volume. It uses sharding technology to improve network efficiency. It aims to provide a secure, fast and low-cost platform for businesses to build decentralized applications.

Meme coins are cryptocurrencies inspired by online memes with no value proposition or utility though useful in performing transactions. Also, they are seen as risky investments and are notoriously volatile.

FTX Token, FTT is the native token of the FTX ecosystem that grants access to the features and services of the trading platform and generates utility by incentivizing users to hold and use the token.

Flare Network is a high-performance decentralized cross-chain platform that delivers a set of native open protocols to build interoperable and composable apps.

BONK is a new meme coin built on the Solana chain. The token has recently gained traction after drawing liquidity into the Solana ecosystem. Can the recent hype be sustained?

Loopring, also known as LRC, is a decentralized matching protocol that was launched in Q3 of 2017. It utilizes smart contracts and off-chain mechanisms for order matching and execution of transactions. The protocol operates on a zero-risk token exchange model, enabling multiple exchanges to compete for off-chain matching and on-chain settlement of similar orders, all powered by decentralized technology.

XMR, a privacy coin based on the CryptoNote protocol, was created in about 2013-2014. It is designed to achieve absolute anonymity through ring signatures and stealth addresses.

USDD is a TRC token launched on the TRON blockchain as an algorithmic stablecoin. Its aim is to provide financial freedom through mathematics and algorithms, similar to TerraUSD (UST) and Frax Finance (FRAX). The launch of USDD signifies TRON's entry into decentralized stablecoins. The TRON DAO aims to collaborate with other blockchain leaders to establish a decentralized USD exchange.