What needs to happen for our DeFi Ecosystem ASAP?

[Rae]

@marvin

• Defi analytics toolings for multi-parachains. Specifically, a ranking board for cross-chain and cross-swaps / leading protocols/stablecoins. Only with such tools Polkadot Defi degens can seek the best protocol for their certain purpose.
• A router using XCMP is like 1inch, but the product should find the best router by multi-chain swaps, not swaps on a single parachain. This would be much more helpful to the Defi user experience as well.

@dom

It would be fantastic if we had dune analytics or something similar where based on the parachain data anyone can build dashboards.

@Mingshi

DeFi aggregator like 1inch or Matcha using XCM. Right now the liquidity is scattered on different parachains. It would be helpful to have a DeFi aggregator which can find the best route to swap assets by leveraging liquidity on different parachains.

Thank you for bringing these up! They make great RFP for builders and the BDs. Once we have the supply side of liquidity aggregation, it would be great to see demand side of aggregation such as yield aggregators (like Yearn) and asset management tools (like Zerion). Next up would be interesting to have the derivatives I believe.