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
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DeFi、DEX、Perp
| | Next-Generation Decentralized Perpetual Exchange |
1,152
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239
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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
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DeFi、Derivatives、Perp
| | Perpetual trading protocol |
1,217
|
217
|
RollX is a decentralized perpetual contract trading platform built on the Base chain, offering features such as on-chain perpetual contracts, prediction markets, and BTC liquid staking tokens.
RollX
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DeFi、Derivatives、Perp
| | Decentralized perpetual contract trading platform |
432
|
198
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Nado is the orderbook DEX where raw power collides with surgical precision to unleash breathtaking performance for traders. Trade spot and perpetuals via unified margin, where kinetic collateral dynamically flows across positions — netting risks in real-time for superior capital efficiency.
Nado
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DeFi、DEX、Derivatives、Perp
| | Orderbook DEX on INK |
473
|
154
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Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage, and earn yield as a market-maker by providing USDC liquidity.
Avantis
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DeFi、Derivatives、Perp
| | Synthetic derivatives protocol |
787
|
135
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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
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DeFi、Derivatives、Perp
| | Crypto derivatives trading protocol |
451
|
129
|
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
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DeFi、Derivatives、Perp
| | Decentralized derivative exchange |
511
|
103
|
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
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DeFi、Derivatives、Perp、Stablecoin Protocol
| | Perpetual DEX |
881
|
99
|
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
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DeFi、Derivatives、Perp
| | Leveraged Synthetic Yield exchange |
417
|
97
|
Tradoor is an NDMM exchange using smart math and safety measures to allow people to trade with confidence and protecting traders, LPs, and the protocol from unexpected market changes.
Tradoor
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DeFi、Derivatives、Perp
| | NDMM exchange |
288
|
91
|
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 |
484
|
88
|
MSX is a compliant decentralized RWA platform that supports US stock token trading, derivatives trading, and multi-chain cross-chain circulation.
MSX
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DEX、RWA、Perp
| | Decentralized RWA platform |
241
|
86
|
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
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DeFi、Derivatives、Perp
| -- | Self-Custodial Crypto Exchange |
389
|
86
|
Flying Tulip is an intelligent trading protocol that adapts to market conditions, giving users better execution, higher returns, and integrated DeFi in one platform. Users can access spot, leverage, and perpetual trading from a single liquidity pool without moving funds across different protocols.
Flying Tulip
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DeFi、DEX、Lending、Derivatives、Options、Perp
| | Intelligent trading protocol |
1,149
|
85
|
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
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DeFi、DEX、Derivatives、DEX Aggregator、Perp、Launchpad
| | DEX Aggregator |
1,577
|
84
|
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 |
861
|
80
|
edgeX is a high-performance, orderbook-based Perp Dex with native trading experience.
edgeX
|
DeFi、Derivatives、Perp
| -- | Orderbook-based Perp Dex |
451
|
78
|
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 |
452
|
75
|
Hyena is a decentralized perpetual trading platform.
Hyena
|
DeFi、Derivatives、Perp
| -- | Decentralized perpetual trading platform |
|
71
|
trade.xyz is a perpetual platform that can be used to trade any commodity, including stocks.
trade.xyz
|
DeFi、Derivatives、Perp
| | Perpetual platform |
|
70
|
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 |
334
|
70
|
Hyperbot is an AI-powered omnichain DEX perpetual contract portal: data analysis, whale tracking, smart copy trading, and strategy trading. Hyperliquid and Aster are currently integrated, and more DEXs will continue to be connected in the future.
Hyperbot
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DEX、Data & Analysis、Trading robot、Perp、AI
| | AI-powered gateway to all perp DEXs |
212
|
69
|
KiloEx is a user-friendly decentralized exchange focused on risk management and capital efficiency.
KiloEx
|
DeFi、Derivatives、Perp
| | Perp DEX |
124
|
69
|
Astros is a next-generation Perp DEX and DEX Aggregator on Sui, offering high-performance, secure, and seamless decentralized trading.
Astros
|
DeFi、Derivatives、Perp
| | Perp DEX |
464
|
68
|
Nunchi is an yield derivatives trading platform that turns income itself into a tradable asset. With Nunchi, users can go long or short yield (e.g., staked yield on stETH or interest rates on a bond index) as easily as they can trade any token. Moreover, users can operate with leverage anytime, anywhere.
Nunchi
|
DeFi、Derivatives、Yield Tokenization、Perp
| -- | Yield derivatives trading platform |
322
|
67
|
Pacifica is building the next generation decentralized perpetual trading platform.
Pacifica
|
DeFi、Derivatives、Perp
| | Decentralized perpetual trading platform |
673
|
67
|
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 |
320
|
67
|
Ranger is an aggregated, multi-asset trading platform designed for traders on Solana.
Ranger
|
DeFi、Derivatives、Perp
| | Decentralized trading platform |
585
|
66
|
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 |
522
|
64
|
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 |
215
|
62
|