DEFI ALTERNATIVES

Synthetix alternatives

The strongest-rated DeFi projects on Onyx, ranked by score. Synthetix itself scores 71 (Verified).

194
Uniswap UNI
The largest decentralized exchange on Ethereum, operating an automated market-maker model across five EVM chains.
+23 vs SNX
291
Aave v3 AAVE
Non-custodial liquidity protocol for lending and borrowing across 12 networks.
+20 vs SNX
389
Lido LDO
The largest liquid staking protocol, securing 28%+ of all staked ETH through a DAO-governed validator set.
+18 vs SNX
486
MakerDAO MKR
The original CDP-based stablecoin protocol. Issues DAI against collateral, now operating under the Endgame restructuring.
+15 vs SNX
586
Morpho MORPHO
Permissionless lending primitive with isolated markets and curated risk parameters.
+15 vs SNX
685
Curve CRV
Stableswap and pegged-asset AMM with deep liquidity across stables, LSTs, and synthetics.
+14 vs SNX
784
Compound COMP
Algorithmic money market protocol with the longest operational history in DeFi lending.
+13 vs SNX
884
Rocket Pool RPL
Decentralized ETH staking protocol with node operator network.
+13 vs SNX
982
Pendle PENDLE
Yield tokenization protocol splitting yield-bearing assets into principal and yield tokens.
+11 vs SNX
1082
Ondo Finance ONDO
Tokenized real-world assets including US Treasuries (OUSG) and yieldcoins (USDY).
+11 vs SNX
1181
dYdX DYDX
Decentralized perpetuals exchange operating as an app-chain on Cosmos.
+10 vs SNX
1280
Jupiter JUP
Solana-native DEX aggregator and liquidity infrastructure.
+9 vs SNX