Defi Exchange

Defi Exchange Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Defi exchange platform uses blockchain technology to create financial products and services. A Defi exchange platform allows users to create financial products without needing a third party. Some applications of DEFI platforms include:

Creating financial products without the need for a third party.
Allowing users to create financial products on the blockchain.
Enable borrowing and lending of money on the blockchain.
Allowing users to invest in cryptocurrencies and other assets.

In this list, you'll find real-world defi exchange success stories and very profitable examples of starting a defi exchange that makes money.

1. Midas.Invesments ($12M/year)

Iakov Levin, the founder of Midas.Investments, came up with the idea for his business after witnessing the demand for passive income opportunities in the cryptocurrency market. As someone who wanted to democratize the money-making process and help others build a different life, Levin developed a platform that offers structured passive-income products, bridging the gap between common users and new financial technologies. Since its launch in 2018, Midas has grown exponentially, reaching $200 million in assets under management, and continues to innovate in the DeFi space.

How much money it makes: $12M/year
How much did it cost to start: $1M
How many people on the team: 69

How I Built A $280M Crypto Investment Platform

Midas.Investments provides a digital asset investment platform, offering structured passive-income products for users seeking to build a long-term source of income in cryptocurrency while minimizing time and risk capital.

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