Radix

Decentralized financial applications are currently built on protocols that are not designed to meet the needs and requirements of DeFi services. Radix leverages our major technological innovations to become the first layer 1 protocol dedicated to serving the fast-growing DeFi industry.

Using the consensus mechanism Cerberus, Radix says it is creating a decentralized finance protocol designed to provide “frictionless access, liquidity, and programmability of any asset in the world.”