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About

Scale your DApp to Polkadot with Acala, an Ethereum-compatible smart contract platform optimized for DeFi. Acala is the decentralized finance network and liquidity hub of Polkadot. It’s a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its trustless exchange, decentralized stablecoin (aUSD), DOT Liquid Staking (LDOT), and EVM+, Acala lets developers access the best of Ethereum and the full power of substrate. Access DOT-based assets and derivatives, Polkadot-native decentralized stablecoin, Polkadot ecosystem assets, and cross-chain assets from Bitcoin, Ethereum and beyond. Acala’s chain is customized for DeFi and can continue to upgrade without forks to integrate new features requested from developers. For example, on-chain ‘keepers’ automate protocol execution to better manage risks and improve user experience, or transaction fees payable with virtually any token.

About

Synthetix is a decentralised synthetic asset issuance protocol built on Ethereum. These synthetic assets are collateralized by the Synthetix Network Token (SNX) which when locked in the contract enables the issuance of synthetic assets (Synths). This pooled collateral model enables users to perform conversions between Synths directly with the smart contract, avoiding the need for counterparties. This mechanism solves the liquidity and slippage issues experienced by DEX’s. Synthetix currently supports synthetic fiat currencies, cryptocurrencies (long and short) and commodities. SNX holders are incentivised to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Synthetix.Exchange, based on their contribution to the network. It is the right to participate in the network and capture fees generated from Synth exchanges, from which the value of the SNX token is derived. Trading on Synthetix.Exchange does not require the trader to hold SNX.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Crypto users, investors and traders looking for a decentralized finance network and liquidity hub of Polkadot

Audience

Anyone interested in a platform for trading in DeFi

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Acala
Founded: 2019
acala.network/

Company Information

Synthetix
Founded: 2017
Australia
synthetix.io

Alternatives

Alternatives

Cream

Cream

C.R.E.A.M. Finance
Injective

Injective

Injective Labs
Karura

Karura

Acala
Cream

Cream

C.R.E.A.M. Finance

Categories

Categories

Integrations

1inch
1inch Wallet
Ankr
Armor.Fi
Blockdaemon
ChainX
CoinLedger
DEX Screener
Ethereum
Kriptomat
MetaMask
Notifi
PieDAO
Polkadot
Telegram
Tres Finance
YouHodler

Integrations

1inch
1inch Wallet
Ankr
Armor.Fi
Blockdaemon
ChainX
CoinLedger
DEX Screener
Ethereum
Kriptomat
MetaMask
Notifi
PieDAO
Polkadot
Telegram
Tres Finance
YouHodler
Claim Acala and update features and information
Claim Acala and update features and information
Claim Synthetix and update features and information
Claim Synthetix and update features and information