The DeFi Landscape’s premier lineup is largely composed of these players as 2021 comes to an end. Synthetic asset platforms (SAPs).. A SAP platform is any platform that allows users to make synthetics. Synthetics are derivatives of existing assets whose prices can be pegged to them in real time. As long as oracles can supply a reliable price feed, synthetics can represent any asset in the world and take on its price — be it a stock, commodity or crypto asset.

SAPs are able to bridge the gap between emerging DeFi platforms, legacy finance, and allow investors the freedom of placing their bets anywhere in the world, all while remaining within their favourite blockchain ecosystem. Decentralized and operating on Ethereum’s layer one, SAPs would appear to be crypto’s next major growth catalyst. Decentralization and secure ownership are only part of the equation in collateralized lending.