DeFi Primitives
DeFi primitives are the composable on-chain financial mechanisms that all decentralised finance protocols are assembled from.
AMM DEXes
Non-custodial token swaps.
Bond
Fixed income by lending assets to a protocol treasury. The asset loaned need not be the protocol token and is determined through treasury governance. Similarly, interest payments are not limited to just the protocol tokens.
Collateralized Lending
Diagram | Matrices | Thinkers
Derivatives
Diagram | Matrices | Thinkers
Flash Loans
Diagram | Matrices | Thinkers
Insurance
Diagram | Matrices | Thinkers
Marketplaces
Diagram | Matrices | Thinkers
Orderbook DEXes
Traditional orderbook trading process for swapping tokens. In addition to the traditional order matching, most orderbook DEXes will also search for opportunities for orders to be settled on AMM DEXes.
Context
- depends-on DeFi Tokens — the tokens that flow through and govern these primitives
- pairs-with Protocol Tokens — the broader token taxonomy that DeFi primitives interact with
- applies-to Solana Applications — a primary execution environment for these primitives