AMMs connect users who want to trade cryptocurrencies. If you want to swap ETH for USDC or vice versa, an AMM is where you can make that happen. AMMs provide liquidity using smart contracts instead of waiting for a buyer or seller to appear, which is how it happen in TradFi.

Money markets allow crypto users to lend assets and borrow against them via smart contracts. Interest rates for supplying and borrowing are based on the pool of funds and how much of this pool has been borrowed from. So if there’s 100 ETH in a pool and 99 ETH of that is lent, the APY will be higher for both lending and borrowing and fluctuate as users start and unwind positions.

A Decentralized Exchange (DEX) lets you trade crypto assets directly with another person, with no central authority involved. It’s like a farmer’s market for trading, where you get security, transparency, and control over your transactions — minus the annoying crowds.

Yield optimizes will sell rewards on your behalf and then add them back to your original position. For example, you have LP tokens of x+y. Z is the reward token. The optimizer sells z as it accumulates and buys more of the x+y LP tokens and adds them to your position.

YTPs puts a new spin on trading by tokenizing yield. facilitates the trading of various DeFi yields but also allows users to earn fixed yields and liquidity provision. To break it down, users can earn yield and this protocol also creates a market for selling and gambling on future yields. This is an incredibly advanced piece of tech that is only recommended for experienced traders.