Dapp store Ethereum DeFi dapps Decentralized synthetics

Mainstreet

Decentralized syntheticsStablecoin issuers

Mainstreet

A synthetic dollar protocol on Ethereum that issues msUSD, backed by market-neutral box-spread strategies on listed options.

Transaction Fees, Open-source

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What is Mainstreet?

Mainstreet is a synthetic dollar protocol on Ethereum that mints msUSD against capital deployed into box-spread arbitrage on listed options. Users deposit, mint msUSD, and stake into msY (Main Street Yield) to earn market-neutral, USD-denominated returns rather than directional crypto exposure.

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Web3 dapps and developer tools related to Mainstreet

Discover blockchain applications that are frequently used with Mainstreet.

Strata

DeFi yield aggregators

Strata is an Ethereum risk-tranching protocol that splits yield from strategies like Ethena USDe into senior (srUSDe) and junior (jrUSDe) tokens.

SmarDex

Alchemy CustomerDecentralized exchanges (DEXs)

SmarDex is a multichain DEX and the issuer of USDN, a synthetic dollar collateralized by wstETH and funded by trader position fees.

Overnight Finance

Alchemy CustomerDeFi yield aggregators

A multi-chain protocol that issues USD+ and other rebasing stablecoins fully backed by delta-neutral DeFi strategies.

fx Protocol

Decentralized derivatives

f(x) Protocol is a leverage trading platform on Ethereum where users go up to 7x long or short on ETH and WBTC with low funding costs.

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Overview

DeFi

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Mainstreet alternatives

Explore web3 competitors and apps like Mainstreet.

Ethena

Alchemy CustomerDecentralized synthetics

Ethena issues USDe, a crypto-native synthetic dollar backed by delta-hedged ETH and BTC, with sUSDe earning yield from staking and basis-trade returns.

Dinari

Alchemy CustomerDecentralized synthetics

Dinari is a tokenized securities platform that issues 1:1 backed dShare tokens representing US stocks, ETFs, and more.

SPOT Cash

Decentralized synthetics

A decentralized flatcoin from Ampleforth that uses perpetual tranching of AMPL to produce a low-volatility, inflation-resistant store of value on Ethereum.

XSY

Alchemy CustomerDecentralized synthetics

A synthetic dollar protocol on Avalanche that issues UTY, a market-neutral stablecoin paired with yUTY as its yield-bearing variant.

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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

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