Supported DeFi Protocols: DEXs, Lending, LRTs and Vaults

DeFiRiskSim is built for crypto investors who want to test an idea before opening a position. This page maps the protocol families and market structures the simulator is designed to model.

Instead of treating every protocol the same, the simulator separates DeFi strategies into practical models: liquidity provision, lending and LTV risk, leverage loops, liquid restaking, delta-neutral hedging and Hyperliquid vault exposure. Each model focuses on the risks that matter most for that type of position.

Protocol coverage may vary by asset, chain, pool liquidity and available market data. The goal is not to list every DeFi app in existence. The goal is to support the protocols and markets that investors are most likely to compare before making a decision.

Concentrated Liquidity DEXs

Concentrated liquidity can make LP capital more efficient, but it also makes range selection much more important. If the price moves outside your range, your position can stop earning fees and your token exposure can change quickly.

DeFiRiskSim helps you test LP ranges before depositing into a pool. You can compare fee assumptions, price ranges, token allocation and potential impermanent loss across supported DEX models.

Protocol	Simulation model	What you can test
Uniswap V3	Concentrated liquidity	Custom price range, fee assumptions, token allocation, impermanent loss
Uniswap V4	Concentrated liquidity	Custom price range, fee assumptions, token allocation, impermanent loss
PancakeSwap V3	Concentrated liquidity	Custom price range, fee assumptions, token allocation, impermanent loss
Aerodrome Slipstream	Concentrated liquidity	Custom price range, fee assumptions, token allocation, impermanent loss

Lending and Borrowing Markets

Borrowing against crypto can be useful when you do not want to sell your assets. But it also creates liquidation risk.

The borrowing model helps you understand how much room you have before a position becomes unsafe. You can test collateral value, loan size, liquidation price, health factor and borrowing cost assumptions before using real funds.

Protocol	Simulation model	What you can test
Aave	Hold & Borrow, Leverage Loop	LTV, health factor, liquidation price, borrow cost
Compound	Hold & Borrow, Leverage Loop	LTV, liquidation risk, borrow APY
Morpho	Hold & Borrow, Leverage Loop	Borrow risk, collateral exposure
Spark	Leverage Loop	Borrow/redeposit strategy assumptions
Maker / Sky	Borrowing model	Collateral and debt scenarios

Liquid Restaking

Liquid restaking can add yield, but it can also add risks that are easy to underestimate: depeg risk, slashing assumptions, borrowing costs and collateral stress.

DeFiRiskSim lets you model restaking-based strategies as scenarios, not promises. You can test what happens when yield changes, when a restaking token trades below its expected value, or when borrowed capital makes the position more fragile.

Protocol / Asset	Simulation model	What you can test
EigenLayer	Restaking assumptions	Restaking yield, slashing assumptions, strategy stress
Symbiotic	Restaking assumptions	Restaking yield, slashing assumptions, strategy stress
ether.fi	LRT model	eETH / LRT assumptions and depeg scenarios
Renzo	LRT model	ezETH assumptions and depeg scenarios
Puffer	LRT model	LRT assumptions and collateral stress
Kelp DAO	LRT model	LRT assumptions and collateral stress

Delta Neutral and Perpetual Venues

A delta-neutral strategy is used when an investor wants to reduce direct exposure to token price movements. For example, you may hold ETH but use a short position to offset part of the market risk.

The simulator does not open hedge positions for you. It helps estimate hedge size, funding assumptions and liquidation risk so you can understand the trade-off before using a perpetual exchange.

Venue	Simulation model	What you can test
Hyperliquid	Delta-neutral hedge	Hedge sizing, funding APY, short liquidation risk
Binance	Delta-neutral hedge	Hedge sizing, funding assumptions, scenario testing
Bybit	Delta-neutral hedge	Hedge sizing, funding assumptions, scenario testing
OKX	Delta-neutral hedge	Hedge sizing, funding assumptions, scenario testing

Hyperliquid L1 Automated Vaults

Automated vaults on Hyperliquid L1 operate high-frequency market-making strategies directly on its design-specific Layer-1 engine. They generate rewards from spread commissions and clearing liquidating positions but are subject to temporary drawdowns.

Vault / Strategy	Simulation model	What you can test
HLP Market Maker	Automated vaults	Custom profit fee share, daily volume scenarios, backtested APYs, drawdowns
Copy-Trading Vaults	Automated vaults	Growth factor multiplier, leader commission fees, risk curves

What "supported" means

Supported does not mean that DeFiRiskSim is officially affiliated with every listed protocol or venue. It means the simulator includes a model that can be used to estimate risks for strategies commonly built around those protocols, assets or market structures.

Always confirm live protocol parameters, pool liquidity, borrowing rates, oracle settings and liquidation rules before opening a real position.