Decentralized Finance is leading the entire globe with several valuable factors. The primary idea of DeFi is to avoid the intermediate during crypto transactions to lower the fees. Also, to avoid the intervention of centralized authority completely in all aspects of the world. DeFi is trending now and many startups are offering keen interest to start the DeFi business because of its popularity and indicating that it will be the future.
DeFi opens the door for many startups who are looking for the best prospects for reaping profits. When it comes to DeFi development, DeFi consists of various business models and each model has its own features, functions, importance, global usage, and earnings streams.
As per the question - If you want to know the cost to deploy a DeFi platform, then you need to have knowledge of its business models. This is because each DeFi business model has different development costs. For instance, as per the current market trend, the DeFi exchange platform is the best profit-yielding business model when it comes to the DeFi business.
In case you are selecting this as your business model, then the development cost would be around $10k - $15K only if you are chosen the development method as a white label DeFi exchange clone script. Hence, the development cost will vary as per your business requirements and the type of DeFi platform you decide as a business model for making profits.