Rain is a decentralized prediction and options protocol on Arbitrum. At the core is $RAIN - a token designed with a deflationary engine that burns 2.5% of every trade volume, reducing supply as usage grows.

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.

PRDT Finance is a decentralized prediction platform that provides a secure, user-friendly cross-chain environment for binary options trading. PRDT Finance features a more innovative and attractive reward system, such as the thrill of winning big, an interactive coin flip game, the chance to get treasure chests containing various rewards, and other features.

BaseVol is a crypto options trading platform built on the Base chain, focusing on bringing options products from traditional finance to the on-chain world.

Lyra is an automated market maker (AMM) for options, allowing traders to buy and sell options on cryptocurrencies from a pool of liquidity. Liquidity providers (LPs) deposit sUSD (a stablecoin) into one of the asset-specific Lyra Market Maker Vaults (MMVs). This liquidity is used to create two-way (buy and sell) options markets for the asset that the vault holds (e.g. ETH Market Maker Vault LPs quote options on ETH). LPs deposit liquidity into the vault to receive the fees paid when options are traded. Traders use Lyra to trade options, either buying options from or selling options to the MMV. They pay fees (in the form of the market-making spread) to LPs, as payment for their liquidity.

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.

Rysk Finance is spearheading on-chain market making for DeFi derivatives, while resolving long-standing industry complexities around generating higher returns per unit of risk taken for liquidity providers. Rysk's signature product, the Dynamic Hedging Vault (DHV), is a dynamic, self-governing options Automated Market Maker (AMM), generating uncorrelated returns for liquidity providers through options trading.

Hedge contracts from Whiteheart help #DeFi users to protect the USD value of their $ETH and $WBTC.

Deriverse is a Solana-built derivative DEX that includes perpetual, options and futures.

Jasper Vault is a peer-to-peer interoperable options protocol.

Grix is a unified liquidity protocol for the DeFi options market. Grix aggregates various DeFi options AMMs into a single API & UI, allowing traders to execute trades with deep liquidity and minimal price impact.

Bracket, created by Bracket Labs, is a DeFi derivative primitive designed to simplify traditional options and structured products to fit the current Web3 landscape. Brackets are ranges of payoff similar to out-of-the-money option-spreads.

IVX is an on-chain options AMM on Arbitrum built on top of GMX. Since GMX's oracle-based pricing model provides zero-slippage trading, the IVX AMM can take margined futures positions that hedge away net delta exposures without paying to take this liquidity from an order book on a centralized exchange.

Syrupal Protocol is an on-chain options system.Everyone can participate like Defi, trading, earning, buy structured, all in one place.

SDX (Solana Derivatives Exchange) is a DeFi Option Automated Market Maker (AMM) that aims to establish a new trading venue for crypto options. On SDX, users are able to buy and sell fully-collaterized, cash settled European options, including calls, puts and vertical spread strategies. Users also can participate as a market maker by supplying assets to AMM Pools, and earn passive yield from bid-ask spread fees and capital utilization fees.

Ryze.fi is a decentralized binary options platform that allows users to speculate on the price movements of crypto assets. The platform enables users to make predictions on price direction over short time intervals, providing a simple, fast-paced trading experience.

Opinion Finance is a decentralized exchange build on BNB Chain. The goal is to create a comprehensive ecosystem from options trading to decentralized solutions.

Fufuture is a decentralized perpetual options protocol. Fufuture mitigates the risks associated with high leverage by creating a non-cooperative competitive decentralized trading network founded on the principles of Nash Equilibrium. Fufuture provide the option for traders to engage with high leverage, from 25X to 500X, while maintaining their positions with only a daily management fee. This structure is designed to balance the high-reward approach of leverage with a mechanism that protects against the volatility of the DeFi markets.

vDEX is a decentralized derivatives platform that offers 5-10 mainstream cryptocurrencies derivatives including perpetual swaps and options (dual investment). Furthermore, vDEX's dynamic AMM enables automatic position adjustments and delta hedging when necessary, presenting an efficient, cost-effective trading environment.

Optix is a decentralized options protocol where users can buy options on top crypto assets with up to 10x leverage and earn sustainable yields by selling options. The Optix Protocol aims to provide a simple trading interface for transferring risk on any crypto asset with leverage, hedging, and sustainable yields for all.

Exotic Markets is a Solana-based options protocol offering a rich selection of structured products, including options, token portfolios, accumulation products, and principal preservation strategies. It aims to democratize DeFi by providing intuitive, flexible, and powerful structured products.

Fig is a yield protocol using options enabling anyone to spin up and offer sophisticated hedge fund strategies on-chain using options replication principles. Through hybrid on and off chain mechanisms, Fig generates yield on crypto assets through delta neutral option selling (writing) by matching on-chain LP collateral with non-toxic option buy flow through traditional exchanges such as CBOE and CME.

Arc Finance is a DeFi derivatives platform that provides liquid derivatives trading for individuals and institutions and more professional decentralized digital options trading for trading users. It is built to democratize the options/permanent contracts trading channel, decentralizing from market making to brokerage and clearing and settlement.

SignalPlus is an enterprise technology company that seeks to democratize options trading for digital and crypto assets. Its technology stack is centered around a Wall-Street-caliber options trading dashboard, with a full suite of modular and powerful toolkits and a user-centric interface. Additionally, the platform's open API services enable user subscriptions to an advanced suite of functions, such as automated option market making, dynamic delta hedging, and structured products pricing.

Hegic is an on-chain options trading protocol that allows users to trade options for profit or to hedge their positions.

Caddy Finance is a LSD Options Protocol, merging perpetual options with liquid staking to let users earn dual yields without lockups.

Sharwa Finance (formerly DeDeLend)is an options aggregator that offers a wide range of instruments. Users can effortlessly construct any option strategy and purchase it in a single transaction, as well as set up take-profit or stop-loss orders.

Contrast Finance is a peer-to-peer binary options dex on Arbitrum, offering competitive rates for a smooth trading experience.

Silo is a decentralized strategy protocol for ALGO and Algorand Standard Assets. It works by generating a unique strategy token for each contract, which can be obtained by providing collateral for it.

Kibo Finance is a DeFi options trading platform that can offer virtually any underlying asset, such as cryptocurrency, gold, and stocks.