Decentralized finance has grown into one of the most active sectors of blockchain in 2019, and Ethereum projects in particular have raced to the front in establishing an ecosystem with global network effects and interoperability. From stablecoins, decentralized exchanges and wallets to payments networks, lending and insurance platforms, key infrastructural development, marketplaces, and investment engines — the decentralized finance ecosystem is flourishing.

What’s now emerging is a vast spectrum of decentralized finance: On one end, open finance platforms that empower individuals around the world in engaging with new and remodeled financial systems. On the other, decentralized finance solutions are changing the approach of established institutions by bringing decentralized solutions into play. All in all, decentralized finance projects now range in the thousands, and we’re seeing the early stages of a whole new industry.

We built on excellent research by The Block, DeFi Pulse, Delphi Digital, Github, in addition our deep dives into ‘The State of Stablecoins’ and ‘The State of Decentralized Exchanges’ to put together a wide-reaching list of the projects pioneering decentralized finance, broken down by category…