Taker Protocol is a yield scaling layer built on the NPOL consensus mechanism. It provides liquidity and yields to the Bitcoin ecosystem through robust incentive structures, offering features such as EVM compatibility and strong demand for Taker tokens. Any Bitcoin derivatives can be traded via the Taker protocol, generating attractive on-chain yield and protocol revenue, which are directly distributed to protocol users. Taker will be the yield scaling and dAPP layers for all BTC and its derivatives.
Taker ProtocolTAKER |
DeFi、Derivatives
| | Bitcoin Incentive Layer |
551
|
254
|
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.
ApeXAPEX |
DeFi、Derivatives、Perp
| | Multi-chain decentralized transaction protocol |
445
|
243
|
Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully onchain open financial system with user built applications interfacing with performant native components, all without compromising end user experience. The Hyperliquid L1 is performant enough to operate an entire ecosystem of permissionless financial applications – every order, cancel, trade, and liquidation happens transparently on-chain with block latency <1 second. The flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX.
HyperliquidHYPE |
DeFi、Infra、Layer1、Derivatives
| -- | Performant L1 |
2.1 K
|
198
|
Opyn is building DeFi-native derivatives and options infrastructure in the DeFi space.
Opyn |
DeFi、Derivatives、Options
| | DeFi Options Platform |
1.36 K
|
143
|
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.
JupiterJUP |
DeFi、DEX、Derivatives、DEX Aggregator、Perp、Launchpad
| | DEX Aggregator |
1.74 K
|
121
|
Drift Protocol is a Solana on-chain asset trading center, offer Perps, Prediction Market and so on services.
DriftDRIFT |
DeFi、Derivatives、Perp
| | Solana On-Chain Asset Trading Center |
1.2 K
|
120
|
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
|
114
|
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 |
529
|
110
|
index.fun is an on-chain real-world index platform whose SQL smart contracts are deployed on the TRUF network, supporting liquid token markets and liquid index markets.
Index.fun |
DeFi、Derivatives、RWA
| -- | Real-World Indexes On-chain |
102
|
107
|
edgeX is a high-performance, orderbook-based Perp Dex with native trading experience.
edgeX |
DeFi、Derivatives、Perp
| -- | Orderbook-based Perp Dex |
175
|
104
|
Pendle is a yield trading protocol that allows users to tokenize and trade future yields by leveraging top yield-generating protocols such as Aave, Compound, and Wonderland. Similar to stripped bonds in traditional finance, Pendle splits yield-bearing assets into tokenized ownership (zero-coupon bonds) and yield components (coupons), enabling innovative yield trading opportunities.
PendlePENDLE |
DeFi、Derivatives、Yield Tokenization、LSD
| | Yield trading protocol |
1.45 K
|
104
|
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.
dYdXDYDX |
DeFi、Derivatives、Appchain、Perp
| | Decentralized Exchange |
2.14 K
|
101
|
Injective is an interoperable layer-1 blockchain that powers the next generation of financial applications. Injective uniquely provides plug-and-play financial infrastructure primitives such as high-performance on-chain decentralized trading infrastructure, decentralized bridges, oracles, and multiple composable smart contract layers such as CosmWasm and EVM.
InjectiveINJ |
DeFi、Infra、Layer1、Derivatives
| | Layer1 Blockchain Optimized for DeFi Applications |
1.38 K
|
100
|
Mitosis is the liquidity protocol for the modular era that redefines cross-chain liquidity. Mitosis makes cross-chain LPing more attractive by making it liquid. Mitosis LPs receive derivative tokens that are 1:1 convertible to their locked assets. LPs can use these derivative tokens to participate in various DeFi applications on the supported Ethereum L1 chain and L2 rollups, essentially enabling LPs to let their cross-chain assets work for additional yield on top of the default fee sharing.
Mitosis |
DeFi、Derivatives
| -- | Liquidity protocol for the modular era |
622
|
84
|
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 |
191
|
80
|
Paradex is a crypto-derivatives exchange launching on Starknet’s first Appchain. Paradex will offer perpetual futures trading with deep liquidity, capital efficiency and performance while remaining transparent and self-custodial. Paradex was incubated by the team at Paradigm, the largest institutional liquidity network in crypto.
Paradex |
DeFi、Derivatives、Appchain
| | Cryptocurrency derivatives exchange |
333
|
79
|
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 |
355
|
75
|
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.
BluefinBLUE |
DeFi、Derivatives、Perp
| | Decentralized perpetual contract protocol |
640
|
75
|
Ventuals is an unlisted company equity derivatives platform that allows users to use USDC to go long or short on the pre-IPO valuation of unlisted startups.
Ventuals |
Derivatives、Prediction market
| -- | Unlisted company equity derivatives platform |
71
|
74
|
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.
GMXGMX |
DeFi、Derivatives、Perp
| | Decentralized derivatives protocol |
1.15 K
|
73
|
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
|
72
|
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.
AevoAEVO |
DeFi、Derivatives、Options、Perp
| | A next-generation options exchange |
1.1 K
|
67
|
Euphoria Finance is a derivatives trading market based on the MegaETH network. The platform combines the fundamentals of price prediction, the efficiency of CLOB market making, and abstracts the complexity of the underlying protocol to create a fun, social, mobile-first trading experience with a game-like feel.
Euphoria Finance |
DeFi、Derivatives
| | Derivatives trading market |
466
|
66
|
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 |
DeFi、Derivatives、Synthetic Assets
| | Synthetic derivatives protocol |
316
|
66
|
Felix is a synthetic dollar protocol on Hyperliquid L1 that allows users to deposit collateral and borrow feUSD to earn income using Felix vaults.
Felix |
DeFi、Derivatives、Synthetic Assets
| | Synthetic dollar protocol on Hyperliquid |
355
|
64
|
Blueberry is a DeFi protocol that aggregates various leveraged strategies into one account. It supports popular DeFi strategies such as Convex, Sushiswap, Balancer, and more, as well as bespoke "Blueberry Vaults". Blueberry Vaults leverage concentrated liquidity AMMs and Chainlink Automation to provide sophisticated liquidity provision strategies with a single click.
Blueberry Protocol |
DeFi、Lending、Derivatives
| | Unifying the DeFi experience |
213
|
59
|
Glow is a decentralized margin trading protocol designed for mature investors and large-scale users, launching a suite of financial instruments designed to maximize capital efficiency and increase earnings opportunities. Glow's cross-margin account feature allows dynamic interaction between assets, allowing users to manage, borrow and utilize positions within a unified framework.
Glow Finance |
DeFi、Lending、Derivatives
| | Decentralized margin trading protocol |
138
|
57
|
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 |
363
|
57
|
Dolomite is a next-generation margin trading and lending protocol.
DolomiteDOLO |
DeFi、Lending、Derivatives
| | Margin trading and lending protocol |
445
|
57
|
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.
SignalPlus |
CeFi、Derivatives、Options
| -- | Options trading platform |
193
|
57
|