Open Finance Tokens makes it easy to enter the world of decentralised finance.
DAI is a decentralized stablecoin overcomes price volatility.
Algorithmic money markets on the Ethereum blockchain. Interest and borrowing, for the open financial system.
Trustless platform for margin trading built on top of the bZx protocol.
Trustless margin trading, borrowing, and lending built on Ethereum & Web3.
Peer to peer network of lenders and borrowers to enable crypto backed loans.
As the ecosystem grows, new DeFi protocols will be supported.
Get started in
just five minutes.
as little as $10.
Pay with card,
no crypto required.
Exchange for DAI and ETH with your card at competitive rates.
Connect your wallet and deposit WBTC, ETH, or any ERC20 to start earning passive income.
Your interest accrue approximately every 15 seconds.
Your principal is protected. Withdraw your savings and accumulated interest whenever you need it, at any time.
Freely buy and sell your tokens anywhere. There are no lockup periods after purchasing an OFT.
With Ethereum smart contracts, we're cutting out the banks, and passing all the earnings directly to you.
Open Finance Tokens provides you with global banking services built on top of crypto.
Get interest rates multiple times over that offered by traditional finance.
No fixed terms. Withdraw your savings and accumulated interest anytime.
OFTs are non-custodial and is built with Ethereum smart contracts, which have been extensively reviewed by top security auditors. You hold and have full control over your funds.
Powered by audited code and smart contracts. No counterparty risk.
Available to people in all countries and jurisdictions.
We strive to give the global unbanked access to world-class financial services.
Sign up to enter our Early Access program.
Decentralized Finance (DeFi) is a loosely defined collection of ideas to reshape banking, lending, and derivatives. In essence, by putting financial services on a blockchain, DeFi advocates say these systems can become faster, cheaper, and globally accessible. DeFi might be described as the internet of money.
DeFi consists of conventional financial tools such as lending and borrowing, built on the Ethereum blockchain. Other services include Open lending protocols, issuance platforms and investing, prediction markets, exchanges and open marketplaces, and stablecoins.
The Open Finance Token is an open-source ERC20 token that passively earns you interest. It's a high-yield savings account built on top of crypto.
Here's how it works: you deposit DAI to a smart contract and receive oDAI tokens in return. Smart contracts rebalances your funds across multiple DeFi money market protocols (Compound, Fulcrum, dydx, and more) with the highest interest rate at any time. By holding OFT tokens for a period of time, you gain exposure and accumulate interest as your deposited crypto-assets gets lent out to decentralized money markets. You can withdraw your funds at any time.
Your own wallet.
The underlying DAI collateral that backs each OFT are held inside of the different DeFi protocol smart contracts. We do not have access to your funds. If you lose access to the wallet that holds your OFTs, we will not have any way of retreiving your funds for you.