Usecase Database

Backed Finance

Finance

Investing

Multi-Chain

Global

About

Backed expands access to financial assets by bridging equities into decentralized finance. Backed introduces fully backed ERC-20 tokens that represent the value of popular equities like Tesla, Google, Apple and can be used across the DeFi ecosystem.

Website | Case Study

4K

4K is a platform that bridges asset ownership across physical and digital goods.

AnotherBlock

AnotherBlock is a marketplace for users to share royalties with the artists they’re streaming. Artists like Rihanna have already joined the platform.

Balancer

Balancer is a decentralized automated market maker (”AMM”) that represents a flexible building block for programmable liquidity.

Beefy

Beefy is a decentralized, multi-chain yield optimizer platform that maximizes rewards from various liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem.

AtlantisDAO

AtlantisDAO is a web3 community organized around social impact and sustainability initiatives. Mercy Corps Ventures (”MCV”) partnered with AtlantisDAO to build a network for verifying and accessing clean water. The pilot will focus on 45,000 people across five remote villages in the Chikmagalur district of Karnataka, India.

Bitnomial

Bitnomial is one of two CFTC-regulated futures and options exchanges for Bitcoin.

BurstIQ

BurstIQ helps doctors securely manage and gather insights on sensitive health information.

Compound

Compound connects lenders and borrowers - by way of smart contracts, not intermediaries - using incentives paid in cryptocurrency.

Coinversation

Coinversation is a DeFi and cross-chain crowdfunding platform that began as a synthetic asset protocol.

Courtyard

Courtyard allows users to verify the authenticity of physical collectibles - by shipping and storing them in secured vaults - and turn them into digital collectibles to trade and earn passive income. Courtyard partnered with Brink’s (an American private security and protection company) to ensure the security of the physical asset storage.

Cozy Finance

Cozy Finance is building a protocol that would protect users against financial risks (like hacks or scams) when engaging with DeFi.

DerivaDEX

DerivaDEX is a decentralized derivatives exchange where the community owns the insurance fund backing the trading activity.

Delegate Cash

Delegate Cash allows NFT owners to safely interact with NFT-locked benefits (e.g., airdrop claims, token governance, and more) without having to keep high-value assets in risky “hot” wallets. At the time of writing this, Delegate protects $608+ million worth of assets for 15,750 wallets across 90 projects.

dYdX

dYdX is decentralized exchange platform where users can margin trade cryptocurrencies and perpetual contracts. At the time of writing this, in the past 24 hours, dYdX had $1.7+ billion trading volume, 620,000+ trades, and $256+ million open interest.

DraftKings

DraftKings, an American sports betting company, has launched three main initiatives using the blockchain. 1. “DraftKings Marketplace” is a digital collectibles marketplace where users can buy, sell, and access exclusive NFTs from sports, entertainment, and culture using their existing DraftKings account. Many iconic athletes — including Tom Brady, Wayne Gretzky, Naomi Osaka, Simone Biles and Derek Jeter — have already launched their own NFT collections on this Marketplace. 2. “DraftKings Reignmakers” offers gamified athlete cards (as NFTs) licensed by the NFLPA, PGA TOUR, and UFC, which can be used in various fantasy contests based on athletes' real-life performances. As of August 9th, 2023, this NFT collection has reached $4.5M daily trading volume. 3. DraftKings also partnered with Zero Hash, a B2B digital assets infrastructure provider, to stake digital assets and become a Polygon network validator.

Franklin OnChain U.S. Government Money Fund

Franklin Templeton announced that the Franklin OnChain U.S. Government Money Fund (FOBXX) (the “Fund”) is the first US-registered mutual fund to use a public blockchain to process transactions and record share ownership. As of March 2023, the Fund has $270+ million in assets under management.

Gamma

Gamma is a non-custodial, automated, active liquidity management protocol.

Hourglass

Hourglass released the first-ever marketplace to trade Time-Bound Tokens (”TBTs”) that tokenize a user's staked assets in a DeFi protocol based on its lock-up time period.

HydraDX

HydraDX is a decentralized exchange (”DEX”).

KnownOrigin

KnownOrigin is an NFT marketplace. It was acquired by eBay in 2022.

Kresko

Kresko is building a synthetic assets protocol that is accessible on a mobile phone.

LLamaPay

LlamaPay streamlines payments from DAOs to contributors in noncustodial fashion.

MeanFi

MeanFi is a permissionless and non-custody treasury management protocol. It allows users and teams to secure the treasury, automate token vesting, and set up payroll streams for the team.

Mirror

Mirror is a decentralized publishing platform that allows writers to tokenize their work and users to collect it.

Nebula Genomics

Nebula Genomics aims to understand the human genome and keeps all data private through a blockchain-based encryption.

NBA Top Shot

Dapper Labs partnered with the NBA to create NBA Top Shot - an NFT marketplace - for digital media from NBA players or teams.

Obligate

Obligate is a blockchain-based debt securities protocol. Muff Trading AG, a Swiss physical commodities trading boutique specializing in sourcing precious metals and raw materials from South America, issued corporate bonds using Obligate’s platform. Lamar Olive Oil has also issued an on-chain bond using Obligate.

OneOf

OneOf is an NFT marketplace. eBay partnered with OneOf to launch an NFT collection called “Genesis” that features animated 3D renditions of Sports Illustrated athletes with the first one being Wayne Gretzky.

OmniBTC

OmniBTC is a decentralized multichain liquidity aggregation protocol that connects and integrates decentralized exchanges (”DEXs”) and bridges, enabling composable cross-chain DeFi transactions.

OAK Network

OAK Network provides trustless automation for payments and finance infrastructure in Web3 (e.g., scheduling future transactions and auto-trading).

OpenGrants

OpenGrants is a grant search engine and marketplace of grant experts. It launched its digital securities - $GRANT offering - on the Ethereum blockchain.

Open Music Initiative

Open Music Initiative is a non-profit initiative creating an open-source protocol for the uniform identification of music rights holders and creators.

Osmosis

Osmosis is the leading decentralized exchange on Cosmos. It has $113+ million in total value locked, $15 million in 24 hour trading volume, and 1000+ interchain transfers.

PolkaDEX

PolkaDEX is a decentralized exchange (”DEX”).

Patientory

Patientory is a digital healthcare system for patients and doctors, backed by blockchain technology.

Phoenix

Ellipsis Labs is building Phoenix, a decentralized limit order book that is on-chain and non-custodial.

Primitive

Primitive built the Replicating Market Maker ("RMM") protocol, an oracle-free solution for replicating derivative payoffs.

Quickswap

Quickswap is a decentralized exchange “(”DEX”).

Propy

Propy is a global real estate marketplace that lets users buy and sell homes on Web3 technology.

Rarible

Rarible is an aggregated NFT marketplace.

Recur

Recur is an NFT marketplace that mints popular brand figures - like those on Nickelodeon and Star Trek - into digital collectibles for consumers.

Saddle

Saddle is an automated market maker (”AMM”) optimized for pegged-value crypto assets (”stablecoins”). It has $2.2+ billion in cumulative volume, $11+ million in total value locked, and 3,000+ total token holders.

Royal

Royal is a marketplace for discovering, investing, and trading music. Artists like Nas, Diplo, and The Chainsmokers have already joined the platform.

Saber

Saber is an automated market maker (”AMM”) for trading assets on Solana

Slingshot

Slingshot is a decentralized trading platform.

SushiSwap

SushiSwap is decentralized cryptocurrency trading platform (a “decentralized exchange” or “DEX”).

Synthetix

Synthetix is a derivatives liquidity protocol.

Syndicate

Syndicate is a decentralized asset management platform and social network that allows users to create investing communities through DAOs.

Tokemak

Tokemak is a market making protocol that provides sustainable DeFi liquidity and capital-efficient markets to users.

Tonic

Tonic is building a protocol for trading any asset on the NEAR and Aurora networks.

Trisolaris

Trisolaris is the top decentralized exchange (”DEX”) on NEAR’s Aurora engine.

Uniswap V3

Uniswap is one of the largest decentralized cryptocurrency trading platforms with $1.4+ trillion in trade volume and 151+ million all time trades.

Ubeswap

Ubeswap is a decentralized exchange (”DEX”) and automated market maker (”AMM”).

Zeta Markets

Zeta is building an options and futures decentralized exchange (”DEX”) on Solana.