StablyticsThe Stablecoin Market Map
Directory
ParaSwap logo

ParaSwap

DEX aggregator and swap infrastructure

Visit site

About

ParaSwap is a DEX aggregator that optimizes swap pricing across multiple liquidity sources and chains, including stablecoin trades. It offers a trading app, a developer API/SDK (Delta intent-based swaps), and powers swap functionality in numerous wallets and dApps.

Widely integrated aggregation API used by wallets and aggregators.

Key products

ParaSwap aggregatorParaSwap APIParaSwap Delta

Chains

EthereumPolygonBNB ChainArbitrumOptimismBaseAvalanche
Founded
2019
Stage
Token (PSP)

Related companies

0x (Matcha) logo

0x (Matcha)

DEX liquidity aggregation API and Matcha trading app

0x is DeFi liquidity infrastructure providing swap and trade APIs (Swap API, Gasless API) that aggregate on-chain liquidity for wallets, apps and exchanges, including stablecoin routing. Matcha is its consumer-facing DEX aggregator app. 0x powers swap features across many major wallets and platforms.

DeFi: Lending & YieldIssuance & Orchestration
1inch logo

1inch

DEX aggregator and DeFi platform

1inch is a leading DEX aggregator that sources liquidity across hundreds of decentralized exchanges to deliver optimal swap pricing, including for stablecoin pairs. It operates the 1inch Aggregation Protocol, Fusion (intent-based, gasless swaps), a Limit Order Protocol, and a self-custody wallet.

DeFi: Lending & Yield
Aave logo

Aave

Largest DeFi lending protocol

Aave is the largest decentralized money market, where users supply and borrow assets across multiple chains. Stablecoins (USDC, USDT, USDS, DAI) dominate its borrow markets, and Aave also issues its own overcollateralized stablecoin GHO. Aave V3 holds roughly $19B+ TVL as of 2026, making it the deepest source of onchain stablecoin liquidity. Its V4 architecture and Horizon RWA markets extend lending to institutional and tokenized assets.

DeFi: Lending & YieldDecentralized StablecoinsYield-Bearing Dollars
Abracadabra (MIM) logo

Abracadabra (MIM)

Magic Internet Money stablecoin backed by interest-bearing assets

Abracadabra.money is a lending protocol that issues MIM (Magic Internet Money), a decentralized overcollateralized stablecoin minted against interest-bearing and yield-bearing collateral via isolated CDP cauldrons. SPELL is the governance token.

Decentralized StablecoinsDeFi: Lending & Yield
Acala (aUSD) logo

Acala (aUSD)

Polkadot-native overcollateralized stablecoin aUSD

Acala is the DeFi hub of Polkadot and issues aUSD, a decentralized overcollateralized stablecoin backed by crypto collateral via a CDP system. aUSD suffered a misconfiguration exploit in 2022 that was largely remediated.

Decentralized StablecoinsDeFi: Lending & Yield
Across Protocol logo

Across Protocol

Intent-based optimistic cross-chain bridge

Across is an intents-based bridge where users deposit on the origin chain and relayers fill on the destination in seconds, settling via UMA's optimistic oracle. It co-authored the ERC-7683 cross-chain intents standard and offers fast, low-cost stablecoin bridging across major L2s.

Bridges & InteropDeFi: Lending & Yield