Balanced is a multi-chain DeFi app for trading, earning and borrowing bnUSD, now privately run after retiring its community governance.
Icon · Avalanche · Injective +7
Ecosystem guide
The Icon ecosystem
The best dApps on Icon by sector: DeFi, games, NFTs and more. 9 projects tracked, 9 reviewed in full.
Full Icon ranking →- dApps
- 9
- Reviewed
- 9
- TVL tracked
- $160K
- Native token
- ICX
ICON is an open-source layer 1 blockchain that runs on delegated proof-of-stake, where token holders back validators (called representatives) who produce blocks. It was designed around interoperability, meaning it aims to let separate blockchains talk to each other and move value between them. It supports smart contracts but is not an EVM chain, so apps built for Ethereum do not run on it without changes.
The native token is ICX. It pays network fees, serves as a payment asset and can be staked to help secure the network. Fees are generally low compared with busier chains, though exact costs depend on network conditions and how a transaction is made.
The dApp scene on ICON is small and centred on DeFi. Balanced and Balanced Dollar are the best-known names, offering swaps, borrowing and the over-collateralised bnUSD stablecoin, with Balanced now reaching several other chains too. Beyond that, RubyScore offers wallet reputation scoring across many networks, and Project Nebula is a space-themed 4X strategy game built around planet NFTs. DeFi activity is modest at the time of writing, so check the details of each app before using it.
Icon ecosystem in numbers
- Tracked
- 9
- Reviewed
- 9
- Total TVL
- $2.20M
- Avg. score
- 5.5/10
Largest by TVL
- 1
Balanced Exchange$1.98M
- 2
Omm$150K
- 3
sICX$66.8K
- 4
Balanced Dollar$9.82K
- 5
Optimus$256
Highest rated
- 1
Balanced6.5
- 2
- 3
RubyScore6.0
- 4
- 5
Reviewed
Top-rated dApps on Icon
Balanced is a cross-chain DeFi app on ICON and other chains built around bnUSD, an over-collateralised stablecoin, with a money market and swaps.
TVL $9.82K+0.4%Icon
RubyScore is a Web3 reputation and identity platform that scores wallet activity on 70+ chains for projects and users.
ApeChain · Arbitrum · Arbitrum Nova +3
Balanced is a cross-chain exchange for swaps, liquidity, transfers and borrowing, with v1 scheduled to shut down in December 2026.
TVL $1.98M−0.1%Avalanche · Solana · Arbitrum +8
Omm is an ICON money market for users who want to supply assets, borrow, and earn OMM incentives.
TVL $150K0.0%Icon
sICX is ICON’s liquid-staking token for ICX holders seeking a tokenized staking position and automatically compounding rewards.
TVL $66.8K−77.2%Icon
By sector
Best Icon dApps by sector
DeFi on Icon7
- 1
- 2
- 3
- 4
- 5
Gaming on Icon1
- 1Project Nebula4.5
Infrastructure on Icon1
- 1
Tokens
Top tokens on Icon
Icon's native coin is ICON (ICX). The largest tokens with a contract on Icon, by market cap.
| # | Token | Price | 24h | 7d | Market cap | Volume 24h |
|---|---|---|---|---|---|---|
| 2105 |  Balanced DollarsBNUSD | $0.9677 | — | −43.0% | $2.76M | — |
| 2257 |  BalancedBALN | $0.0871 | — | +28.7% | $2.31M | — |
Guides
Icon guides
Web3 gaming
The Rise of Axie Infinity: How a Battle Game Became a Web3 IconAxie Infinity became one of the best-known play-to-earn games in 2021, drawing millions of players and a wave of attention to blockchain gaming. This explainer covers how it worked, why its economy came under strain, and what its status means for anyone curious about it now.
Web3 gaming
CryptoArena Review 2026: Battling Industry Icons, What to CheckCryptoArena is positioned around battles against well-known figures from the crypto industry. The public sources behind this guide do not describe its mechanics, so this review explains what to verify before you connect a wallet or spend anything.
Web3 gaming
CryptoArena Review 2026: How Battles With Industry Icons WorkCryptoArena is a battle game built around matchups with well-known industry figures. This guide explains how that style of play usually works, what to confirm about licensing, wallets, rewards and fees before you commit, and where to check current details because live data was not available for this review.
NFT
What Is NBA Top Shot? A Guide to the Iconic Basketball NFTsNBA Top Shot turned licensed basketball highlight clips into collectible digital items and brought NFTs to a mainstream audience. This guide explains how Moments, packs, rarity and the marketplace work, and what to check before you buy.
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Icon FAQs
What is the ICON blockchain?
ICON is an open-source layer 1 blockchain that uses delegated proof-of-stake. Its main aim is to connect independent blockchains so they can exchange data and value. It also runs smart contracts, which is what the dApps on this page use.
What is ICX used for?
ICX is the native token of ICON. It is used to pay transaction fees, send and receive payments, and take part in staking. Many ICON dApps use it as a base asset alongside stablecoins and other tokens.
Is ICON an EVM chain?
No. ICON has its own smart contract platform and is not built on the Ethereum Virtual Machine, so it works differently from EVM chains. Cross-chain apps such as Balanced connect it to other networks. Check each app's own instructions before moving funds.
Which dApps are on ICON?
Our listings include Balanced Dollar and Balanced, both in the CDP category and built around the bnUSD stablecoin, plus RubyScore, a wallet reputation service, and Project Nebula, a space strategy game with planet NFTs. There are 10 dApps on the chain in our database, so the range is narrow compared with larger networks.
How much value is locked in ICON DeFi?
At the time of writing, DeFi TVL on ICON is about $160,862, which is small by industry standards. This figure changes daily, so treat it as a rough snapshot. A low TVL can mean thinner liquidity and larger price swings when trading.
What are the risks of using ICON dApps?
Smart contract bugs, thin liquidity, stablecoin depeg risk and changes in how a project is run can all cause losses. Balanced, for example, has moved away from community governance to private operation. Read each app's documentation, start with small amounts and only use funds you can afford to lose.
What is the largest dApp on Icon by TVL?
Balanced Exchange is the largest dApp on Icon by total value locked, with $1.98M across all the chains it supports. It is followed by Omm ($150K) and sICX ($66.8K). TVL figures come from DefiLlama and change daily.
Which dApp on Icon has the highest DappsAtlas score?
Balanced has the highest score at 6.5/10, ahead of Balanced Dollar (6.3) and RubyScore (6.0). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Icon?
DappsAtlas tracks 9 dApps on Icon. Of these, 9 have a full review and 5 report value locked, $2.20M in total, counting value on every chain they support.
What are the most common types of dApps on Icon?
Which dApps on Icon grew the most this week?
Among dApps with at least $1M locked, . Combined TVL moved −9.4% over the same seven days.
What is the average score for dApps on Icon?
The 7 rated dApps on Icon average 5.5 out of 10. Of these, 0 score 8 or higher and 2 score below 5.