Backed Finance is a financial platform that bridges traditional assets like stocks and bonds to the blockchain by issuing tokenized representations of these assets as ERC-20 tokens. Each token is fully backed 1:1 by the corresponding real-world security, held by licensed custodians. The platform operates under a regulatory-compliant framework, ensuring legal enforceability and transparency.
Balancer is a decentralized automated market maker (AMM) protocol for programmable liquidity, supporting various swap curves and pool types. Governance begins with a Request for Comment on the Balancer forum, progresses to a formal proposal, and is voted on via Snapshot. Voting power comes from holding BAL tokens or delegated voting power, with a quorum of 2 million veBAL needed. BAL tokenomics include a 100 million token cap and the vote-escrowed BAL system, encouraging long-term holding. Balancer has raised $32.3 million across three funding rounds, with the latest on May 27, 2021.
BaseSwap is a decentralized exchange on the Base platform, featuring Smart Order Routing for optimal prices and minimal gas fees. Governed by BSWAP token holders, it offers low trading fees and robust security. With a maximum supply of 10,000,000 BSWAP tokens, BaseSwap operates with decentralized governance, ensuring community involvement in platform decisions. Tokens serve various purposes including liquidity incentives, staking rewards, governance, and utility in Deepshot gaming. Fully self-funded, BaseSwap focuses on enhancing decentralized trading experiences.
Bebop is a multi-chain app and API suite designed to provide seamless, efficient DeFi trading. It ensures the best execution, guaranteed pricing, strong security, and high reliability for every trade. Bebop does not currently have a governance process or token and is incubated by Wintermute.
Beefy Finance is a multichain yield optimization platform that simplifies earning compound interest on crypto assets through automated strategies. Operated as a decentralized autonomous organization (DAO), it allows $BIFI token holders to participate in governance, influencing decisions on fees, funding, and strategy via its Snapshot page. The $BIFI token, with a capped supply of 80,000, ensures scarcity while enabling holders to earn revenue shares and shape the platform's future.
Beethoven X, partnered with Balancer and built on Optimism, offers advanced Balancer technology. Governed by its DAO, where maBEETS token holders influence decisions, Beethoven X emphasizes long-term participation and security. Its financial model relies on internal reinvestments and strategic partnerships, with the BEETS token central to both governance and incentivizing liquidity. This approach sets Beethoven X apart in its commitment to sustainable and innovative growth in the DeFi ecosystem.
Biconomy simplifies blockchain adoption by enabling gasless transactions, social logins, and multi-chain support, creating seamless app experiences that improve accessibility and reduce user churn. By bridging Web2 familiarity with Web3 innovation, Biconomy makes blockchain applications more user-friendly for mass adoption. The platform has raised $10.5M across three funding rounds and currently operates without a token or formal governance process.
Biru is an independent community hub for the Soneium blockchain, offering NFT minting, trading, entertainment events info, and social interaction. ASTR is used as rewards for users on this platform.
Bit2Me is a centralized exchange offering secure and user-friendly solutions for managing digital assets, supported by customer service and financial education. Its native token, $B2M, powers the platform, providing benefits like discounts, early access, and governance participation. Bit2Me is developing a governance page to enhance community involvement and transition toward a DAO. In June 2023, Bit2Me raised €14 million in a funding round led by Investcorp, with support from Telefónica Ventures and others. The $B2M token supply, initially 5 billion, has been reduced to 4.95 billion through a token burn, reflecting its evolving utility.
Bitget is a secure and efficient crypto exchange offering innovative features like copy trading and support for numerous cryptocurrencies, catering to traders of all levels. Its native token, $BGB, provides utility through trading fee discounts, staking opportunities, enhanced rewards, and exclusive promotions, driving user engagement within the platform. Operating under a private governance structure, Bitget has raised $20 million across three funding rounds, including a $10 million Series B led by Dragonfly Capital Partners in April 2023.
Bitrue is a cryptocurrency exchange offering trading, staking, and crypto-backed loans for both novice and experienced users. Its native token, Bitrue Coin (BTR), provides utility through trading fee discounts, staking rewards, and governance participation. BTR holders can vote on key decisions, such as selecting new coin listings, and benefit from airdrops of new projects. Bitrue’s governance model empowers its community to influence the platform's development, enhancing user engagement within its ecosystem. The company does not have public funding records.
Bitvavo is a secure and user-friendly platform for trading over 200 digital assets with competitive fees starting at 0.00%. Its robust security measures, including the Bitvavo Account Guarantee, provide peace of mind for both new and experienced traders. Operating under a private governance structure, Bitvavo currently does not have a native token or public funding records.
