To contributors: Please help me fill this out with accurate data.
Important
"In the real world, you would never ask someone to sign a contract that they cant read. " - @phil_uplc twitter
Important
"This culture of making excuses for "decentralized" applications with closed-source smart contracts needs to stop.
Important
Your application is not a DApp if your smart contracts cannot be independently reviewed by the public for backdoors / master-keys. " - @phil_uplc twitter
Important
"All closed source code can have some backdoors to steal your funds" - @notjuve twitter
Note
Sundae & Liqwid Labs both make significant OS contributions however it is a smudge against them that they do not open-source their protocol smart contracts.
- Indigo is a fully-fledged protocol, and one of the largest which is also completely open-source.
- LenFi v1 has been open-source and has already open-sourced v2 before launch.
- Spectrum-Finance (soon to be splash) is probably the only DeX which is actually decentralised.
- Danogo is a cool project, would like to see more bonds some day.
| Project logo | Project Name | Protocol Opensource | Level of OpenSource | Link | Reference |
|---|---|---|---|---|---|
| Indigo | Yes | Full | Indigo on GitHub | disclosure: author of this document is building a competitor to Indigo | |
| Jpgstore | Yes | Full | Jpgstore Contract V2 Jpgstore Contract V3 | ||
| Lenfi | Yes | Full | Lenfi on GitHub | ||
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Cerra.io | Yes | Full | Cerra.io on GitHub | |
| Paima Engine | Yes* | Full | Paima Engine on GitHub | *Paima Engine is free for open-source projects, but has additional terms for closed-sourced commercial projects. | |
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Spectrum Finance | Yes | Full | ||
| Djed Stablecoin | Yes | Full |
| Project logo | Project Name | Protocol Opensource | Level of OpenSource | Link | Reference |
|---|---|---|---|---|---|
| Minswap | Yes* | Partial | Minswap on GitHub | V1 source is available, however when Wingriders found a vulnerability they were allegedly blackmailed and closed their source. Most recent, corrected contracts I can not find. | |
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MuesliSwap | Yes | ? | MuesliSwap on GitHub | |
| CSWAP DEX | Yes* | ? | * Allegedly opensource but I cannot find the repository | ||
| Danogo | Yes* | ? | * ironic that an optim-derived product is opensource but optim isn't | ||
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Meld | Yes* | ? | *opensource in spite of not being deployed. They might not have a commitment to Cardano but they have done better than every closed source project on this list. | |
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TeddySwap | Yes | Uses other protocol | ||
| CherryLend | Yes | Uses other protocol |
| Project logo | Project Name | Protocol Opensource | Level of OpenSource | Link | Reference |
|---|---|---|---|---|---|
| Astarter | ? | ? | |||
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Genius Yield | ? | ? | ||
| FluidTokens | ? | ? |









