Radix

Radix is the first layer-one protocol specifically built to serve DeFi. Decentralized finance applications are currently built on protocols that are not fit for purpose, leading to congestion, hacks and developer frustration. Radix changes this by introducing a scalable, secure-by-design, composable platform with a DeFi specific build environment to make it easy to build and launch scalable DeFi.

eXRD is an ERC-20 token that will be swappable for Radix’s platform utility token, XRD, once the Radix public mainnet is available.