- Ethereum
- Cardano
- Polkadot
- Tezos
Ethereum
Ethereum is the leading smart contract platform for DeFi, offering a wide range of decentralized applications and a large developer community. However, it faces scalability issues and high gas fees.
Cardano
Cardano aims to address Ethereum's scalability issues with its proof-of-stake consensus mechanism and multi-asset ledger. It is gaining traction in the DeFi space due to its focus on sustainability and interoperability.
Polkadot
Polkadot's interoperability and scalability features make it an attractive option for DeFi projects. Its parachain architecture allows for custom blockchains to connect to the main network, enabling greater flexibility and efficiency.
Tezos
Tezos distinguishes itself with its on-chain governance and self-amendment capabilities, providing a robust and adaptable platform for DeFi applications. Its focus on security and formal verification appeals to developers and users alike.