Top Fantom DeFi Apps: SpookySwap, Geist, and More!

Okay, before you dump real money into Fantom DeFi, hit up SpookySwap and do a tiny $10 swap. Why? It checks your wallet setup, network switch, and slippage without risking much. I've bricked transactions forgetting to add FTM for gas-super annoying. This hack saves headaches.

Fantom's dirt cheap anyway. Gas runs like 0.000005 FTM per swap. That's pennies. But mess up the network? You'll burn gas on failed txns.

Get Your Wallet Ready for Fantom Action

Grab MetaMask if you don't have it. Or Trust Wallet on mobile. Super simple.

1. Download and create a wallet. Backup that seed phrase-don't skip this, trust me.
2. Add Fantom Opera network. Chain ID: 250. RPC: https://rpc.ftm.tools/ or hit official docs. Symbol: FTM.
3. Switch to it in your wallet dropdown. Boom, you're on Fantom.

In my experience, mobile users love WalletConnect. Scans a QR, connects easy. No cord drama.

What's next? Fund it. Buy FTM on Binance or whatever, withdraw to your Fantom address. Or bridge from Ethereum-more on that later. Aim for 0.1-0.5 FTM to start. Covers gas for days.

Common Pitfall: Wrong Network

Ever hit "insufficient funds" but you got ETH? You're on Ethereum mainnet. Switch to Fantom Opera. Double check the chain ID shows 250. Fixed that for me a ton.

SpookySwap: Your First Stop, Hands Down

Spookyswap.fi. Biggest DEX on Fantom. Over $1B TVL last I checked. Clean UI, fast swaps. Kinda like Uniswap but cheaper and quicker.

Head there, click "Connect Wallet." Approve it. Now swap tab's live.

• Pick "From" token-say FTM.
• "To" token-BOO or USDC, whatever.
• Enter amount. See price impact? Under 0.5% usually good.
• Slippage: crank to 0.5-1% for safety. Defaults 0.2% but volatile pairs need more.
• Hit Swap. Confirm in wallet. Done in seconds.

Fees? 0.3% total-0.22% to liquidity providers, 0.03% to BOO buyback, rest to farm. Pretty sweet.

But wait-limit orders? Yeah, advanced tab. Set buy/sell at exact prices. I use it when FTM dips.

Adding Liquidity on SpookySwap (And Earning Fees)

Swapping's fun. But real money? Provide liquidity. Earn 0.22% per trade in your pool.

Okay, steps:

1. Swap half your stack to the pair token. Need 50/50 value-like 1 FTM + $50 USDC for FTM USDC pool.
2. Go to "Liquidity" tab. Click "Add Liquidity."
3. Select pair. Enter amounts-it auto balances.
4. Approve tokens if first time. Then supply.
5. Get LP tokens. Stake 'em in Farms for extra BOO rewards.

Thing is, impermanent loss can bite. Prices diverge? You lose some. But fees often cover it on stable pairs. I stick to FTM BOO-high volume.

Yield farming next level. Stake those LPs in "Farms." APRs bounce 20-100% sometimes. Claim BOO, restake or swap.

Geist Finance: Lending Without the B.S.

Spooky's swaps. Geist? Borrowing and lending. Like Aave but on Fantom-fees under $0.01.

Geist.finance. Connect wallet same way.

Supply first. Got USDC? Click Markets, find USDC supply. Approve, supply. Earn interest instantly-rates like 5-15% APY.

Borrow? Use supplied as collateral. LTV around 75%. Borrow FTM, swap on Spooky, buy back later. Loop for leverage-but risky.

• Health factor: Keep above 1.2. Drops low? Liquidation city.
• Flash loans? Pro stuff. Borrow, arbitrage, repay in one txn.

In my experience, Geist's oracle is solid. No crazy liquidations like some chains. But watch collateral ratios.

Quick Geist Tip: Stablecoin Sandwich

Supply USDC/USDT. Borrow against it. Rates beat banks easy. Withdraw anytime.

Beefy Finance: Auto Compounding Wizardry

Don't wanna claim rewards manually? Beefy.finance vaults do it for you. Zaps your LP into farms, auto compounds.

Pick a vault-Spooky FTM BOO maybe. Deposit LP or single tokens (auto swaps half). Sit back. Fees 0.5-4.5% performance, but yields 50%+.

Problem? Vaults migrate sometimes. Follow Twitter for updates. I've lost minor yields ignoring that.

Other Bangers: Beethoven X, Tomb, More

Beethoven X? Spooky's rival DEX. Similar swaps, sometimes better routes. Check both for rates.

Tomb Finance? Stablecoin play. Tomb raids like Terra-risky but high APY. Mint TOMB with FTM, stake. Crashes hard though.

fTrade via Fantom wallet-Sushi powered. fLend is CREAM. All EVM, same wallet.

App	Main Gig	Fees/Gas	APY Range
SpookySwap	Swap/LP/Farm	0.3%, <0.001 FTM	20-150%
Geist	Lend/Borrow	<0.01$, variable	5-20%
Beefy	Auto vaults	0.5-4.5% perf	30-200%
Beethoven X	DEX	0.3%, tiny gas	15-100%

Table helps compare quick. Pick based on what you want-passive? Beefy. Leverage? Geist.

Staking FTM: Easy Passive Income

Don't sleep on native staking. Delegate FTM to validators. Earn 4-8% APY. No lockup-liquid.

1. Go to stake.ftm.science or fWallet.
2. Connect. Pick validator-check commission under 5%.
3. Delegate min 1 FTM. Claim rewards weekly.

Why matter? Covers gas forever. I stake 80%, play 20% in DeFi.

Bridging In: From ETH, BSC, Etc.

No FTM? Bridge it.

SpookySwap has built in bridge. Or Multichain, Anyswap.

1. Connect source wallet (ETH mainnet).
2. Select FTM, amount.
3. Approve, bridge. 5-15 mins.
4. Switch to Fantom, claim.

Fees? $5-20 on ETH side. Watch for scams-official bridges only. Lost $50 once to fake site.

And cross chain? Fantom's bridges solid now. Sonic upgrade rumors-faster even.

Risks? Yeah, Handle 'Em

DeFi's wild. Smart contract hacks-Spooky's audited, but rug pulls happen on small farms.

Solution: Stick to top TVL apps. Revoke approvals on unused tokens via Revoke.cash.

Impermanent loss. Volatility. Use small bags first.

Taxes? US folks, track swaps. Tools like Koinly.

Sound familiar? Every chain's got these. Fantom's just cheaper to learn on.

Daily Routine I Swear By

Morning: Check Beefy APYs. Claim if over 100%.

Swap dips on Spooky limits.

Evening: Rebalance Geist borrows.

Weekly: Claim staking, compound.

Honestly, 30 mins a week nets nice yields. Scaled my stack 3x last year.

Pro Moves: Yield Loops

Loop on Geist: Supply FTM, borrow USDC, swap to more FTM, repeat. 2-3x leverage. Health factor.

Or Beefy zap: Single token in, auto LP farms. Lazy mode.

Arbitrage? Spooky vs Beethoven. Tiny edges, but volume pays.

One glitch: High traffic clogs RPCs. Switch to rpc3.fantom.network if slow.

NFTs on Fantom Too

Spooky's got marketplace. Mint cheap, trade fast. Collections popping-check volume first.

Wrapping Your Portfolio

Diversify: 40% staked FTM, 30% Beefy vaults, 20% Geist supply, 10% hot for swaps.

Monitor on DeFiLlama. Fantom TVL over $8B-healthy.

Questions? Hit Discord. Community's chill.