6 Ways Web3 Developers Can Add DeFi Features Without…
By Tobi Opeyemi Amure
AI summary of the source article
Building DeFi protocols from scratch requires handling liquidity, pricing, routing, liquidations, and security. Instead, Web3 developers can integrate existing protocols and SDKs to provide lending, swaps, staking, and yield features. Six approaches include utilizing unified DeFi APIs like Blockdaemon, embedding token swaps via DEX routers such as Uniswap's Universal Router, and connecting to lending markets like Aave. Developers can also integrate liquid staking via Lido, offer yield through DeFi vaults such as Morpho Vault V2, and streamline user experience using account abstraction for sponsored gas and batched actions. However, developers must still manage underlying smart contract, oracle, and strategy risks.
Why it matters
Reusing battle-tested DeFi protocols and APIs allows developers to deploy financial primitives quickly without having to build and maintain complex underlying infrastructure from scratch.
Key facts
- Uniswap launched Earn on three Gauntlet-curated Morpho vaults on July 31 instead of creating its own lending markets.
- Blockdaemon’s DeFi API provides standardized endpoints across more than 50 blockchains and protocols.
- Aave offers React and TypeScript SDKs alongside a GraphQL API to integrate market data and protocol operations into wallets, exchanges, and fintech platforms.