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Defi.app positions itself as a gas-free, modular superapp for both EVM and Solana users. It enables wallet creation, cross-chain swaps, lending, yield farming and leveraged trading without transaction fees, thanks to the utility of the HOME token.
This article explores Defi.app’s key features, tokenomics, team and funding background, and explains how to trade HOME on Bybit.
Key Takeaways:
Defi.app offers an all-in-one, gas-free DeFi experience: wallets, swaps, lending, leverage and yield.
The project received strong investor backing, raising $6 million at a $100 million valuation.
Bybit users can now trade HOME, the governance and utility token of the Defi.app, on Bybit’s Spot market and Perpetual futures.
Defi.app is a comprehensive DeFi superapp designed to simplify decentralized finance (DeFi) while delivering powerful multichain capabilities. The platform enables users to create and manage both EVM and Solana wallets instantly, complete with fiat on-ramp options for seamless entry into the cryptocurrency market.
Users can perform token swaps, yield farming, lending and perpetual trading with one intuitive, modular interface.
Defi.app brings together essential financial actions into a single dashboard that’s monitored through a unified portfolio presentation and guided workflows. Account abstraction removes the need to juggle gas tokens, while the back end handles all cross-chain mechanics.
Defi.app is led by Chief Design Officer Dan Greer, formerly of Shopify and Y Combinator startups. His aim is to create an "iPhone moment" for DeFi, combining intuitive design with secure, cross-chain features.
Funding milestones so far reflect solid investor confidence:
A $2 million seed round closed in December 2024 at a $100 million valuation.
A $4 million seed extension ($2 million via fundraising platform Echo) in February 2025 maintained the same valuation.
Backers include top-tier venture capital firms like Mechanism Capital and DCF Capital Partners, and crypto-native angel investors like Cobie, Balaji Srinivasan and Pentoshi, underscoring strong market endorsement and belief in Defi.app’s mission.
Defi.app offers a powerful yet intuitive DeFi experience with the following highlights:
Unified wallet management: Wallet abstraction and smart accounts allow you to manage EVM and Solana wallets from one dashboard — with no need for multiple private keys or gas tokens.
Gas-free transactions: The HOME token covers all network fees, so you never need to hold native chain gas tokens.
Cross-chain swaps: With one-click native swaps across Ethereum, Arbitrum, BNB Chain, Base and Solana, there’s minimal slippage, and no manual bridges.
Comprehensive DeFi tool kit: Access spot swaps, yield farming, perpetual trading and lending in a modular interface suitable for both beginning and advanced users.
HOME is Defi.app’s native governance and utility token. It subsidizes network fees, even if you don’t hold native chain tokens, via gas sponsorship. HOME holders can stake to earn bonus rewards, XP multipliers, yield enhancements and access to airdrops.
As a governance token, HOME holders can vote on key decisions, such as fee structures, buybacks, integrations and future upgrades.
Key use cases at a glance include the following:
Gas sponsorship: Facilitates gas-free transactions across supported chains
Staking & rewards: XP boost, airdrops and yield enhancements
Governance power: Vote on critical protocol decisions and revenue allocation
Defi.app’s native token, HOME, has a total supply of 10 billion, with roughly 27.2% circulating at launch. Its allocation is structured to ensure long-term community engagement, team alignment and ecosystem stability.
Community & ecosystem: 45%
Core contributors: 20%
Early backers: 10%
Foundation: 10%
Protocol development: 10%
Liquidity & launch: 5%
Token releases follow a measured vesting schedule, as follows:
Community & ecosystem unlock after a 4-month cliff, over 36 months (38.2% at TGE)
Core contributors, backers and protocol via 12-month cliffs and linear vesting
Foundation and dev allocations unlock gradually over 24–36 months
Liquidity tokens are fully available at launch
This vesting structure aligns incentives and promotes sustained growth. Staking HOME boosts governance influence, unlocks rewards, fuels gas sponsorship and completes the token flywheel.
Defi.app’s HOME token is listed on major exchanges, with a spotlight on Bybit, where HOME trades across Spot, Perpetual futures and Convert markets.
Bybit is currently running a Token Splash event featuring a 45 million HOME reward pool, making this a prime opportunity for early participants.
1. Open and fund your account
Create or log in to your Bybit account. Deposit USDT into your Unified Trading Account, since it serves as the base asset for purchasing HOME.
2. Head to the HOME/USDT pair on Bybit Spot
Navigate to the HOME/USDT Spot trading pair.
Enter the amount you wish to purchase, and click on Buy.
Confirm your order.
3. Head to the HOMEUSDT Perpetual futures contract
4. Convert crypto to HOME
From the homepage, head to Buy Crypto → Convert.
Select HOME and the corresponding crypto pair, and enter the desired amount.
Confirm the swap.
Defi.app delivers on its mission to simplify and supercharge DeFi through a seamless, gas‑free and cross‑chain experience powered by the HOME token.
Bybit is currently running a Token Splash event featuring a total of 45 million HOME tokens in rewards. Participate now by trading HOME via Spot, Perpetual or Convert during the event window to maximize your benefits.
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