The top CDP projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.
Parallel
Capital-efficient stablecoins backed by yield assets
avalanchebaseethereum+2
USDD
Decentralized stablecoin pegged to USD on TRON
bnb-chainethereumtron
Liquity
0% interest loans against Ether collateral
arbitrumethereum
Fluid Protocol
0% interest loans, powered by Fuel.
fuel
Handle.fi
Multi-currency stablecoin protocol with AI trading
arbitrumethereumpolygon
ANGLE
defunctDecentralized stablecoin protocol governed by veANGLE holders
arbitrumavalanchebnb-chain+5
Qi Dao
Borrow stablecoins at 0% interest.
arbitrumavalanchebase+10
Yala
Unlocking Bitcoin's DeFi potential with modular infrastructure
basebitcoinbnb-chain+1
Indigo Protocol
Cardano's autonomous synthetics protocol
cardano