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AnyHedge is the first DeFi project built on top of Bitcoin Cash in the form of a synthetic derivatives platform. AnyHedge allows any two parties to enter into a smart contract together and speculate on the future price of an asset. One of the parties wishes to protect themselves against price fluctuations and takes the *hedge* position, while the other party wishes to speculate and takes a leveraged *long* position.
Tapswap is the first non-custodial marketplace to trade CashTokens, both fungible token & NFTs, on Bitcoin Cash. Tapswap uses CashScript for its non-custodial token-sale offer contracts. It uses BCH WalletConnect to allow users to list tokens for sale right from their own wallet.
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ParyonUSD is a decentralized stablecoin protocol on Bitcoin Cash that issues PUSD through over-collateralized debt positions (CDPs). The protocol consists of 26 CashScript contracts covering loans, loan keys, redemptions, a stability pool and price oracle. The [contracts are open source](https://github.com/ParyonUSD/contracts)for anyone to inspect and verify.
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## Moria
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Moria is a decentralized stablecoin and borrowing protocol on Bitcoin Cash using CashTokens. The Moria protocol works with collateralized debt positions (CDPs) where stablecoins are issued by creating over-collateralized loans. The Moria protocol uses multiple smart contracts, all written in CashScript.
Tapswap is the first non-custodial marketplace to trade CashTokens, both fungible token & NFTs, on Bitcoin Cash. Tapswap uses CashScript for its non-custodial token-sale offer contracts. It uses BCH WalletConnect to allow users to list tokens for sale right from their own wallet.
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