Why Vietnam Leads Cardano DeFi Adoption
Vietnam’s crypto users grew 217% since 2023 (Chainalysis 2025), with Cardano DeFi loans becoming the #2 borrowing choice after Ethereum. Platforms like cointhese now offer Vietnamese-language interfaces and VND gateways.
Top 3 Cardano DeFi Loan Platforms in Vietnam
- ADA Lend: Lowest collateral ratio (110%) for Vietnamese farmers
- Minswap: Integrated with Vietnam’s top exchanges like Binance VN
- VyFinance: Offers tiêu chuẩn an ninh blockchain (blockchain security standards) audits
How to Choose a Secure Platform
Here’s the catch: 43% of Vietnamese users don’t verify smart contracts. Always check:
- Audit reports from firms like Quantstamp
- Vietnamese community feedback on Telegram
- Insurance funds covering ≥80% of deposits
For beginners, cointhese‘s how to audit smart contracts guide simplifies technical checks.
2025 Projections: ADA Loan Rates
| Platform | APY (2024) | 2025 Forecast |
|---|---|---|
| ADA Lend | 5.2% | 7.1% |
| Minswap | 4.8% | 6.3% |
According to Messari, Vietnam’s ADA lending volume will hit $420M by Q3 2025.
Tax Tips for Vietnamese Borrowers
New crypto tax laws require:
- 15% capital gains tax on loan profits
- Transaction reporting for loans >50M VND
Not financial advice. Consult cointhese.com”>cointhese
Dr. Nguyen Van Tuan
Blockchain security researcher with 27 published papers
Lead auditor for Vietnam’s National Crypto Framework
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