List of Derivatives companies in Web3 (2026)

Jupiter is a decentralized exchange aggregator on Solana that routes trades through multiple liquidity sources for optimal price execution. The platform provides an advanced spot trading interface with charts, multiple order types, and token discovery feeds, alongside perpetual futures trading, limit and recurring orders, and SOL staking within a unified interface. Users execute trades with minimal slippage through aggregated liquidity while monitoring market movers, curated token lists, and wallet activity from the same account. Additional surfaces include collectible pack openings, simple crypto transfer links, and portfolio context spanning all Jupiter products.

Kraken Futures provides cryptocurrency derivatives trading with perpetual and fixed-maturity futures contracts supporting up to 50x leverage on major digital assets. The platform also offers tokenized equity perpetual futures through xStocks integration, providing 24/7 leveraged exposure to U.S. equities, indices, and commodities for eligible non-U.S. clients.

Bitget Futures is a derivatives trading platform offering leveraged perpetual and delivery contracts settled in stablecoins or crypto across a wide range of trading pairs. The system calculates funding rates and mark prices while maintaining liquidation mechanisms and risk controls such as maintenance-margin-based stop loss. Traders can also access futures-specific trading bots and copy trading of other traders' futures positions.

Pluto Mobile implements mobile-first perpetual futures trading through Solana blockchain infrastructure, enabling leveraged position management and derivatives trading. The application provides direct access to perpetual contracts with mobile-optimized execution and portfolio management features. It is currently in development and not yet publicly accessible.

MUX Protocol is a decentralized perpetual trading platform that combines a perpetuals aggregator with native perpetual trading protocols deployed across multiple EVM networks. The aggregator automatically routes trader positions to the most cost-efficient available liquidity source among integrated protocols including GMX V1, GMX V2, and gTrade based on composite trading cost, available liquidity, and position size. Native trading protocols use an oracle-based peer-to-pool model in which traders execute against multi-asset liquidity pools, with a private dark oracle and Chainlink Data Streams used for pricing to reduce front-running and price manipulation. The platform supports up to 100x leverage, cross-margin and isolated margin modes, smart position routing, leverage boosting, and liquidation price optimization. Liquidity providers can deposit assets into native pools with customizable market exposure and directional options.

PumpSpace Futures is a perpetual futures trading platform for leveraged cryptocurrency trading settled in USDC. Users trade cryptocurrency pairs through an order book interface with limit and market order types, take-profit and stop-loss configuration, position tracking, and a portfolio management view.

Holdstation DeFutures is a perpetual derivatives exchange offering leveraged trading of crypto, tokenized U.S. stocks, ETFs, and commodities through a centralized exchange-like interface. It uses an AI-driven matching pool to fill orders and supports leverage up to several hundred times with reduced slippage. The exchange spans multiple blockchain ecosystems and is designed for traders seeking multi-asset exposure without leaving the Holdstation platform.

An ETH-pegged synthetic asset fully collateralized by Lido wstETH, offering 1:1 ETH exposure while distributing yield in USUAL.

WOOFi Pro is a decentralized perpetual futures exchange built on Orderly Network's omnichain infrastructure, using a Limit Order Book model with up to 50x leverage. Users deposit USDC collateral from any EVM chain via cross-chain routing contracts and execute gasless trades while retaining self-custody of assets.

BitMart Futures provides perpetual swap and futures trading with up to 100× leverage on more than 100 cryptocurrency pairs.

Aster Perpetual is a decentralized derivatives platform offering both professional order book trading with advanced features like hidden orders and grid strategies, and a simplified one-click interface for streamlined high-leverage perpetual trading.

Mode Trade is a perpetual derivatives exchange powered by Orderly Network infrastructure, offering leveraged cryptocurrency trading with AI-powered trading agents and quantitative analysis tools for automated strategy execution.

Bitfinex Derivatives is a derivatives trading platform providing perpetual contracts leverage for cryptocurrencies, commodities, forex, equities, and volatility indices. The platform includes options and futures trading through integration with Thalex, with contracts collateralized in Bitcoin, Ethereum, and Tether.

Cwallet Perpetual Futures is a derivatives interface for perpetual contracts with additional modes such as high-leverage trading, Trend Trade, and Market Battle.

A decentralized perpetual futures exchange operating on Solana blockchain infrastructure. The platform processes leveraged trading contracts for cryptocurrency pairs through smart contract settlement mechanisms without expiration dates.

Xyra Perps implements a fully on-chain central limit order book for perpetual futures trading on Aptos, executing leveraged long and short positions with hedge mode capabilities. The system provides advanced order types and real-time settlement while maintaining CEX-level performance through optimized blockchain execution.

Pendle V2 operates a specialized automated market maker for yield tokenization, splitting yield-bearing assets into Principal Tokens and Yield Tokens through a standardized yield wrapper system. The protocol implements time-aware pricing curves adapted from Notional Finance's AMM model, concentrating liquidity around expected yield ranges while accounting for natural PT price appreciation as tokens approach maturity to minimize impermanent loss for liquidity providers.

Pendle Boros operates a perpetual interest rate swaps platform enabling users to trade funding rate exposure through Yield Units without direct underlying asset price exposure. The system implements order book mechanics with margin trading capabilities for BTC and ETH perpetual markets, allowing traders to hedge funding rate volatility or speculate on rate fluctuations independently from spot price movements.

FWX is an AMM-based leveraged derivatives protocol that integrates forward-contract mechanics for permissionless on-chain leverage trading. The protocol creates single-sided lending pools upon token listing, enabling up to 5x leveraged long and short positions on any ERC-20 token, with positions represented as transferable NFT memberships that consolidate collateral and PnL tracking. A peer-to-pool perpetual futures model handles major asset pairs against a shared vault, while an integrated AMM provides token swapping and liquidity provision. Deployed on Base and Avalanche C-Chain.

Bitrue Futures is a derivatives trading platform offering perpetual futures contracts margined in USDT, USDC, and various cryptocurrencies with leverage trading capabilities.

NonKYC Perpetuals is a perpetual futures trading interface that lets users take leveraged long or short positions on digital assets without identity verification. It is built on a white-label deployment of a third-party orderbook infrastructure, with NonKYC providing the front-end access point while not directly operating the underlying matching engine. Traders access the interface at a dedicated subdomain separate from the main spot exchange, using assets such as major cryptocurrencies and stablecoins as collateral or trading pairs.

APX Finance is a decentralized perpetual futures trading platform. The V1 order book model uses off-chain trade matching with on-chain fund settlement and custody, accepting ERC-20 and BEP-20 collateral, across BNB Chain, Ethereum, Arbitrum, zkSync Era, Base, and Manta. The V2 on-chain model executes all transactions on-chain via the ALP liquidity pool, which acts as the direct counterparty to traders, with pricing from a dual-oracle system using Binance Oracle and Chainlink, on BNB Chain, Arbitrum, opBNB, and Base. No registration or asset deposits are required for V2 trading. Users can provide liquidity by minting ALP tokens to earn protocol fees, or lock APX tokens in APX DAO to receive voting rights and staking rewards.

Synthetix Perps is a perpetual futures trading exchange with hybrid onchain-offchain architecture deploying Central Limit Order Book infrastructure on Ethereum Mainnet. The system processes order matching offchain through ultra-low latency engines while maintaining onchain custody of deposited collateral. Users post multicollateral margin to trade perpetual contracts with leverage. The protocol provides infinite liquidity through smart contract-based counterparty model eliminating traditional order book constraints.

Coincall DEX is a decentralized derivatives trading platform in development within the Coincall ecosystem. The platform focuses on options and perpetual contracts, using off-chain order matching with on-chain settlement. It plans to support multi-chain operation across Solana and Ethereum Layer 2 networks, aggregate decentralized order flow across multiple platforms, and enable community governance through CALL token voting.

A derivatives trading platform for crypto perpetual contracts with leverage, fast execution, and low fees on blockchain-backed infrastructure.

Aevo Exchange is a decentralized derivatives platform built on a custom OP Stack Ethereum Layer 2 rollup, supporting options, perpetual futures, pre-launch token futures, and structured products within a unified margin account. Trades are matched off-chain and settled on-chain for sub-10ms latency. The platform includes PERPS+ for combined perpetual-option exposure, an on-chain OTC desk for altcoin options, automated vault yield strategies, and a high-leverage Degen trading mode with isolated margin.

HPX Futures provides perpetual contract trading on multiple digital asset pairs through a high-throughput matching engine with aggregated liquidity from external venues. The system supports high leverage with configurable take-profit, stop-loss, and liquidation parameters. Position management includes unrealized and realized PnL tracking across open and historical orders. Separate maker and taker fee rates apply to all trades, with periodic funding rate settlement for open perpetual positions. Demo trading is available for strategy testing prior to live deployment.

Panoptic is a perpetual, oracle-free options protocol and web interface that lets DeFi users permissionlessly create, trade, and market-make put and call options on any ERC-20 token by borrowing and lending Uniswap v3 and v4 liquidity.

Perpetual Hub is a decentralized infrastructure layer enabling perpetual futures trading capabilities on DEX platforms. The protocol facilitates leveraged trading positions without expiration dates through integration with existing DeFi venues.

Infinex Perps provides perpetual futures trading infrastructure powered by Hyperliquid, offering access to various trading pairs with leverage capabilities. The system integrates with Infinex Account architecture to enable funding with multiple assets and automated fee cashback mechanisms.

Flipster implements perpetual futures derivatives trading through professional market makers, enabling leveraged positions up to 100x on cryptocurrency pairs. The system processes orders through third-party liquidity providers while maintaining zero trading fees and supporting cross-platform access via web and mobile interfaces.

OK Exchange Futures Trading facilitates leveraged cryptocurrency derivative contracts with positions up to 150X leverage through perpetual swaps and futures instruments with margin requirements and liquidation mechanisms.

Carmine Options AMM implements an automated market maker for European-style crypto options on Starknet, enabling users to buy, sell, and write options across multiple asset pairs. The protocol manages liquidity through pooled capital where providers deposit assets and earn fees, with pricing determined algorithmically based on implied volatility updated through trade activity. Governance over new trading pairs and protocol parameters is handled by CARM token holders through on-chain voting contracts.

Ledig Dynamic Rate & Hedging Solutions is a derivatives-based risk management product that delivers FX volatility protection and hedging tooling for institutional clients managing stablecoin conversions and cross-border settlements. It provides flexible pricing structures, including cost-efficient, volume-based, and time-sensitive rate options, allowing businesses to lock in exchange rates for periods ranging from a single day to a year. The product is aimed at market makers and corporate treasuries hedging currency exposure across African corridors.

Bitfunded is a simulated cryptocurrency prop trading challenge platform where traders pay an entry fee to access demo accounts with allocated USDT balances and complete one or two evaluation stages by hitting profit targets while staying within drawdown limits. Traders who pass receive a demo-funded simulated trading account and keep up to 90% of simulated profits, defaulting to an 80/20 split that scales to 90/10 through an incentive program. The platform supports perpetual futures trading across multiple cryptocurrency pairs at up to 1:5 leverage. A Day Trader format offers time-limited challenges of one, two, four, or eight hours with configurable payout multipliers.

Swyftx Leverage Trading is a contracts for difference (CFD) product distributed by Swyftx as a corporate authorised representative of Eightcap Pty Ltd (AFSL 391441). It enables eligible users to take long or short positions on 100+ cryptocurrency assets at up to 1:2 leverage without owning the underlying assets. Supported strategies include short-selling and portfolio hedging. A trading commission of 0.30% of transaction value applies per trade alongside dynamic spread and overnight fee components. Funds are held in a separate leverage wallet funded from the main spot account. Retail access is subject to a forthcoming suitability assessment; wholesale client access requires meeting minimum net asset or income thresholds.

Smart Cash provides alternative investment products to certificates of deposit for money market investors through blockchain-registered securities. The system issues EMTN notes collateralized by assets and registered on Ethereum and Tezos blockchains.

Apex operates a self-custodial derivatives trading platform, supporting perpetual futures contracts, options, and spot trading across cryptocurrencies. Traders access leverage up to 500x while maintaining custody of funds through smart contract infrastructure. The platform integrates cross-chain bridges enabling multi-network asset deposits and withdrawals.

SynFutures is a decentralized perpetual futures and spot trading protocol powered by the Oyster AMM, which unifies single-token concentrated liquidity with a permissionless on-chain order book. The system supports market orders, limit orders, and liquidity provision with dynamic penalty fees and EMA-based mark price stabilization to protect against manipulation. It includes a Perp Launchpad for permissionless pair listings and a spot DEX aggregator.

Digital Asset Liquidity Solutions is a market making service providing continuous two-sided quotes and algorithmic liquidity for digital assets across centralized and decentralized venues. It aggregates liquidity and price data from trading venues to tighten spreads and stabilize order books, while offering over-the-counter execution for large block orders and an options desk that structures custom volatility-based instruments. The service extends to onchain liquidity management, positioning capital across decentralized exchange pools to reduce slippage and execution costs, and to ecosystem development support for blockchain projects seeking liquidity and technical guidance. It serves exchanges, token issuers, and protocols seeking deep, stable markets across multiple blockchain networks.

Leaps Finance is a decentralized options protocol on Solana that lets users sell covered calls and cash-secured puts on crypto assets to earn yield paid upfront. Depositors lock an asset such as SOL, BTC, or a stablecoin, choose a target price and duration, and receive the option premium immediately from market makers bidding through an on-chain auction, with positions held in audited, fully collateralized smart contracts. Settlement occurs automatically at expiry, delivering either the original asset back or the agreed exchange, serving traders, treasuries, and asset managers seeking yield without active trading. The protocol has not yet launched publicly.

Pacifica is a perpetual futures exchange on Solana that supports leveraged trading through a hybrid design with off-chain order matching and on-chain settlement. It offers multiple order types, cross and isolated margin, funding rate calculations, and automated liquidations.

Giottus is a cryptocurrency exchange and investment platform for users in India. It offers spot trading and one-click buy/sell across INR, USDT, and BTC base pairs, perpetual futures contracts with leverage, and an over-the-counter desk for large-volume transactions, with INR deposits and withdrawals supported via UPI and bank transfer. The platform also provides one-click crypto staking, fixed-term deposit products with predetermined returns, systematic investment plans with configurable auto-buy intervals, and expert-curated themed crypto baskets that bundle multiple assets into a single investable product. The interface is available in multiple Indian languages and the operating entity holds FIU registration in India.

Storm Trade operates a decentralized perpetual futures exchange on TON blockchain enabling leveraged trading across cryptocurrencies, equities, forex, and commodities. The platform executes trades via smart contracts using dynamic virtual AMM architecture, supporting up to 500x leverage with USDT and TON collateral. Users access the exchange through web interfaces or Telegram Mini App with self-custodial wallet integration.

0xMarkets is a decentralized perpetuals exchange for forex and commodities, powered by Bittensor Subnet 35 (Cartha). The protocol provides liquidity-as-a-service for FX and commodities perpetual contracts, collateralized with crypto and alpha tokens, with price discovery sourced from Bittensor's decentralized AI miner network.

Ledn Dual Cryptocurrency Notes are structured yield products that generate enhanced returns by combining crypto yield with price exposure through an options-based mechanism, allowing clients to earn above-market yields in exchange for potential asset conversion at maturity.

Cumberland Derivatives Trading is a liquidity and execution service for cryptocurrency derivatives aimed at institutional counterparties. It facilitates block trades and liquidity provision in exchange-listed options and futures, alongside bilateral options and non-deliverable forwards negotiated under standard derivatives master agreements. The service covers BTC and ETH derivatives markets, including futures-spot basis trading and bespoke strikes and expiries for tailored risk management.

TON Hedge Options implements an on-chain options protocol facilitating call and put option trading for TON price exposure. The system enables users to purchase European-style options with customizable expiration dates and strike prices, providing leverage for hedging positions or speculative trading strategies. The protocol uses smart contracts on TON Blockchain for transparent settlement and liquidity pool mechanisms for option writing.

TON Hedge Perpetuals operates as an L2 perpetual DEX on TAC chain implementing zero-knowledge rollup technology for high-frequency trading. The system provides near-zero execution fees, CEX-like trading experience with instant execution, and full custody of user funds. Users maintain control of assets with anytime withdrawal capability while accessing perpetual contracts through TON wallet integration.

Variational Protocol is a peer-to-peer trading protocol for on-chain derivatives covering the full trade lifecycle—booking, clearing, margin management, liquidation, and settlement. It combines on-chain smart contracts with off-chain infrastructure components including a pricing oracle, a core margin and liquidation engine, a settlement and funding rate engine, and an on-chain transaction handler. The protocol supports trading of perpetual futures, options, and custom instruments, and serves as the underlying infrastructure for applications including Omni and Pro.

Variational Omni is a perpetual futures trading application built on the Variational Protocol and deployed on Arbitrum. It uses a request-for-quote mechanism where the Omni Liquidity Provider (OLP) acts as the sole counterparty to all trades, aggregating liquidity from centralized exchanges, decentralized exchanges, and traditional market sources. Omni charges no trading fees, supports up to 50x leverage, and covers crypto assets, equities, and commodities. Positions are cleared and settled on-chain in isolated escrow contracts. Omni redirects value that would otherwise go to external market makers back to traders through a rewards program.

Variational Pro is an on-chain derivatives trading platform under development, targeting institutions and advanced traders. Built on the Variational Protocol, it enables trading of customizable futures and options contracts—including unlisted and exotic instruments—via a request-for-quote flow. Pro automates OTC clearing, settlement, margin management, and liquidation, replacing manual coordination workflows. Traders face counterparties directly in isolated settlement pools, with configurable real-time margin parameters to mitigate counterparty risk.

Breakout is a crypto proprietary trading platform providing funded accounts to traders who pass performance-based evaluations. Traders pay a one-time evaluation fee, reach a profit target within defined drawdown limits, and gain access to funded accounts of up to $200,000 without depositing personal capital. The platform offers over 50 crypto trading pairs with up to 5x leverage on BTC and ETH, on-demand payouts in USDC via the Ethereum network, and profit splits of 80–90%.

Darklake Perp DEX is a decentralized perpetuals exchange that uses zero-knowledge proofs to add privacy to derivatives trading while settling on Solana. Users trade perpetual contracts with encrypted execution to keep transaction details confidential.