Cardano offers a growing range of DeFi instruments for traders:
- Automated Market Maker (AMM) DEXs for token swaps.
- Yield farming opportunities through liquidity provision.
- Lending and borrowing platforms using ADA and Cardano native tokens as collateral.
- Synthetic assets tracking real-world prices.
- Decentralized stablecoins for trading pair stability.
- Options and futures contracts built on Cardano smart contracts.
- Liquidity bootstrapping pools for new token launches.
- Decentralized identity solutions for more sophisticated financial products.
As the ecosystem matures, traders can expect an expanding array of DeFi tools comparable to those on centralized platforms.