MYX Finance is the Chain-Abstracted Perpetual DEX built for the democratizing alpha on-chain. MYX Finance lets anyone trade perpetual contracts on any token—from blue-chip assets to the newest meme coin—with deep liquidity, 1 bp fees, and a seamless UX—all without surrendering keys or jumping chains.
MYX Finance |
DeFi、Derivatives、Perp
| | Decentralized derivative exchange |
365
|
652
|
Decibel is a fully on-chain trading engine that unifies spot, perps, margin, vaults, and composable DeFi ecosystem integrations that bring yield opportunities into one programmable platform—delivering CEX-class performance without surrendering custody or transparency.
Decibel |
DeFi、DEX、Derivatives、Perp
| | Composable, onchain trading engine |
49
|
307
|
Lighter is a perpetual trading protocol that introduces a scalable, secure, transparent, non-custodial, and verifiable order book trading infrastructure within the Ethereum ecosystem. As an application-specific zk-rollup, it employs advanced cryptographic techniques and data structures. Lighter significantly improves the security and fairness of order book trading with its verifiable matching engine, ensuring scalable and efficient market price discovery. Thus, Lighter lays the groundwork for creating new, high-performance, and secure digital trading platforms.
Lighter |
DeFi、Derivatives、Perp
| | Perpetual trading protocol |
551
|
130
|
dYdX is a decentralized exchange that provides users with key financial instruments, such as perpetuals, margin trading, spot trading, lending, and borrowing. It equips traders with off-chain order books and on-chain settlement, allowing them to short-sell tokens, increase exposure by leveraging long positions, and earn interest on deposited tokens for faster transactions.
dYdX |
DeFi、Derivatives、Appchain、Perp
| | Decentralized Exchange |
2.14 K
|
110
|
edgeX is a high-performance, orderbook-based Perp Dex with native trading experience.
edgeX |
DeFi、Derivatives、Perp
| -- | Orderbook-based Perp Dex |
182
|
105
|
VOOI is a perpetual DEX aggregator supporting both EVM and non-EVM networks, offering flexibility to integrate additional networks and perpetual DEXs as needed. By focusing on chain and account abstraction, VOOI simplifies leveraged trading across supported DEXs, making user interactions seamless across any supported network.
Vooi |
DeFi、Derivatives、Perp
| | L2-focused stablecoin swap protocol |
368
|
102
|
Ethereal is a decentralized spot and perpetual DEX based on Ethena. Ethereal aims to fully utilize the power of USDe within a high performance onchain finance environment to provide users with a one-stop-shop for all their core DeFi needs in a single vertically integrated application.
Ethereal |
DeFi、DEX、Derivatives、Perp
| | Decentralized spot and perpetuals DEX |
370
|
99
|
StandX is a perpetual DEX that enables users to trade with yield-earning margins. DUSD is StandX's first product - a yield-bearing stablecoin.
StandX |
DeFi、Derivatives、Perp、Stablecoin Protocol
| | Perpetual DEX |
195
|
92
|
Drift Protocol is a Solana on-chain asset trading center, offer Perps, Prediction Market and so on services.
Drift |
DeFi、Derivatives、Perp
| | Solana On-Chain Asset Trading Center |
1.22 K
|
89
|
Jupiter is a Solana-based DEX aggregator that aggregates liquidity for traders looking for the best possible prices with minimal slippage. Though Jupiter was initially conceived as a swap engine, the protocol has evolved significantly to include a number of different products for different kinds of users such as: Dollar-Cost Averaging (DCA), limit orders, perpetual trading, and, most recently, a launchpad.
Jupiter |
DeFi、DEX、Derivatives、DEX Aggregator、Perp、Launchpad
| | DEX Aggregator |
1.75 K
|
79
|
RabbitX is a permissionless perpetual exchange built on Starknet. Users can trade markets with 20x leverage using orderbook liquidity on RabbitX.
RabbitX |
DeFi、Derivatives、Perp
| | Decentralised Perpetuals Trading on StarkNet |
358
|
76
|
D3X is a multichain decentralized exchange for spot and derivatives trading, powered by AI. It provides an all-in-one solution with AI-driven insights, offering market signals and advanced trading tools to enhance decision-making and strategy development across spot and Perp DEX trading.
D3X |
DeFi、Derivatives、Perp
| -- | AI-Powered Decentralized Financial Platform |
131
|
71
|
Aster is a next-generation decentralized perpetual exchange built for everyone, committed to delivering a seamless, powerful, and truly decentralized on-chain derivatives trading experience. From one-click trading to smart automation and deep on-chain liquidity, Aster is rethinking how DeFi should work — simple, efficient, and built for users.
Aster |
DeFi、DEX、Perp
| | Next-Generation Decentralized Perpetual Exchange |
512
|
70
|
ApeX is a multi-chain decentralized trading protocol based on zero-knowledge proof. It provides contracts and spot transactions under the self-custody of user assets. Its product lines include crypto-perpetual contracts, leveraged event prediction contracts, vault treasury, usdt one-click trading of multi-chain assets and US stock spot.
ApeX |
DeFi、Derivatives、Perp
| | Multi-chain decentralized transaction protocol |
444
|
70
|
Helix is a decentralized cryptocurrency exchange that allows users to trade spot and perpetual markets across different chains.
Helix |
DeFi、Derivatives、Perp
| | Decentralized cryptocurrency exchange |
313
|
62
|
LÊO.FUN is a platform for meme coin perpetual contracts, where traders earn Trust Points for profitable trades, unlocking up to 300x leverage. With leaderboards for top performers and trading squads to collaborate and compete, the platform fosters a dynamic, competitive community. Traders can also earn commissions when others follow their strategies and participate in weekly tournaments.
LEO.FUN |
DeFi、Derivatives、MEME、Perp
| -- | memecoin perpetual contracts platform |
24
|
61
|
Variational is a crypto derivatives trading protocol based on Arbitrum. Its applications include Omni, a perpetual futures trading platform that allows traders to take leveraged long or short positions on any time series, with a special focus on newly launched tokens, baskets, yield/volatility perpetual contracts, and other new products. OLP is Omni's liquidity provider, which brings together liquidity from centralized and decentralized exchanges and over-the-counter trading platforms. The second application of Variational is Pro, a platform for institutional traders.
Variational |
DeFi、Derivatives、Perp
| | Crypto derivatives trading protocol |
261
|
60
|
Aevo is a high-performance decentralized derivatives exchange platform, focused on options and perpetual contracts. The exchange runs on a custom EVM roll-up that rolls up to Ethereum. Aevo operates an off-chain orderbook with on-chain settlements. This means that once orders are matched, trades get executed and settled with smart contracts.
Aevo |
DeFi、Derivatives、Options、Perp
| | A next-generation options exchange |
1.1 K
|
60
|
SynFutures is a decentralized derivatives exchange that enables anyone to list and trade futures and perps on any asset. Positioned as the Amazon of derivatives by creating an open and trustless derivatives market, SynFutures introduces permissionless asset listings and offers the widest diversity of pairs for trading.
SynFutures |
DeFi、Derivatives、Perp
| | Decentralized derivatives exchange |
981
|
56
|
Ranger is an aggregated, multi-asset trading platform designed for traders on Solana.
Ranger |
DeFi、Derivatives、Perp
| | Decentralized trading platform |
316
|
52
|
GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero-price impact trades. Trading is supported by a unique multi-asset pool that earns fees from market making, swap fees, and leverage trading for liquidity providers.
GMX |
DeFi、Derivatives、Perp
| | Decentralized derivatives protocol |
1.14 K
|
52
|
DeriW is a zero-fee decentralized perpetual contract exchange, and its innovative Rollup architecture combines Ethereum's security with high-speed layer 3 technology to redefine transactions. Managed by CoinW’s team, DeriW reaches 80,000 transactions per second (TPS), ensuring a seamless experience similar to a centralized platform, while combining the transparency and reliability of a decentralized system.
DeriW |
DeFi、Derivatives、Perp
| | Decentralized perpetual contract trading platform |
68
|
49
|
EVEDEX is a Perpetual DEX & Next-Gen Web3 financial ecosystem built on its own L3 blockchain.
EVEDEX |
DeFi、Infra、Derivatives、Perp、Layer3
| | Perpetual DEX |
71
|
49
|
Vest is a quantitative research firm developing financial infrastructure that enables real-time, universal risk pricing. As a neutral and verifiable intermediary, Vest will enable participants to share risk data without exposing proprietary information, leading to greater capital efficiency, improved liquidity provisioning, fairer pricing, and more accurate risk assessments across lending, trading, and credit markets. As a first proof of concept, Vest is launching a perpetual futures exchange to demonstrate how universal risk assessment enables a fair, predictable, and liquid trading environment.
Vest Exchange |
DeFi、Derivatives、Perp
| -- | Universal risk pricing infrastructure |
278
|
49
|
RateX Protocol is a decentralized exchange (DEX) built on Solana. RateX offers leveraged yield trading, similar to perpetual futures contracts, allowing users to gain exposure to underlying assets with a much larger position size compared to their deposited margin. To fully unlock the potential of yield trading, RateX offers three tightly integrated features: Leveraged Yield Trading, Earn, and Synthetic Assets.
RateX |
DeFi、Derivatives、Perp
| | Leveraged Synthetic Yield exchange |
259
|
48
|
Cap is a decentralized Perpetual Exchange.
Cap |
DeFi、Derivatives、Perp
| | Decentralized Perpetual Contracts Exchange |
250
|
48
|
KiloEx is a user-friendly decentralized exchange focused on risk management and capital efficiency.
KiloEx |
DeFi、Derivatives、Perp
| | Perp DEX |
492
|
47
|
Gains Network is a decentralized leveraged trading platform. Its synthetic architecture makes gTrade more capital efficient than any other existing platform, allowing for low trading fees and a wide range of leverages and pairs (up to 150x on cryptocurrencies, up to 1000x on forex, and up to 100x on stocks).
Gains Network |
DeFi、Derivatives、Perp
| | Decentralized leveraged trading platform |
480
|
45
|
Rails, a self-custodial crypto exchange that leverages a centralized order book to drive optimal trade execution, combined with a self-hosted decentralized solution on the blockchain to provide transparent custody of funds, thereby protecting user funds and gaining user trust.
Rails |
DeFi、Derivatives、Perp
| -- | Self-Custodial Crypto Exchange |
63
|
44
|
Bluefin (formerly Firefly, dTrade) is a decentralized perpetual contract agreement that supports users to trade perpetual contracts anytime, anywhere with a leverage ratio of up to 20 times. Its sub-product AlphaLend is a decentralized, non-custodial lending protocol based on SUI blockchain.
Bluefin |
DeFi、Derivatives、Perp
| | Decentralized perpetual contract protocol |
669
|
44
|