What tech stack works best for DeFi lending platform creation?
A strong tech stack is crucial for DeFi lending and borrowing platform development, ensuring scalability, interoperability, and long-term sustainability. Most teams use Solidity for smart contracts on Ethereum, though Rust is preferred for chains like Solana. Node.js or Python commonly powers backend services for indexing blockchain data, handling APIs, and managing user-facing logic. Frontend interfaces generally rely on React or Next.js, paired with Web3.js or Ethers.js to connect wallet interactions. Developers integrate reliable oracle networks such as Chainlink to fetch real-world prices for collateral and loans. For data storage and analytics, IPFS, The Graph, and decentralized data layers support efficient retrieval without sacrificing decentralization. Security tools like Slither and MythX enhance contract testing. By selecting a modular, chain-agnostic tech stack, developers maintain flexibility while addressing performance, reliability, and user-experience needs.
Learn More: https://www.blockchainappfactory.com/defi-lending-and-borrowing-platform-development
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