List of Derivatives companies in Web3 (2026)

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.

Implements perpetual contract trading through a margin-based system, executing leveraged positions for over 500 trading pairs. The system calculates funding rates and mark prices while maintaining liquidation mechanisms and risk controls.

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.

Holdstation DeFutures is a perpetual derivatives exchange on ZKsync that enables leveraged trading with a centralized exchange-like interface.

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

KuCoin Futures provides perpetual and delivery contracts with leverage up to 100x. The system supports USDT-margined trading with risk management tools and advanced order types for derivatives trading.

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

Cwallet Perpetual Futures is a derivatives interface for perpetual contracts with additional modes such as 1001x leverage, Trend Trade, and Market Battle.

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.

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.

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.

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

Cross-Chain Leverage Trading that moves across networks effortlessly. BestPath delivers unified routing, clean execution, no fragmentation.

GokuHub Perpetual aims to implement a native perpetual trading protocol on Starknet for cryptocurrency, commodity, and forex market exposure. The system plans to offer leverage functions up to 100x while utilizing Starknet for reduced latency and enhanced transaction throughput.

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.

Merkle Trade is a decentralized perpetual futures platform deployed on Aptos Mainnet that facilitates leveraged trading through synthetic positions against an integrated liquidity pool counterparty. The protocol implements smart contract-based order execution with keeper-processed orders using Pyth oracle price feeds for real-time market pricing. Users deposit USDC collateral to open long or short positions with high leverage on cryptocurrency pairs and forex pairs. Liquidity providers deposit USDC into the protocol's pool to receive MKLP tokens representing their proportional pool share, with token value fluctuating based on traders' cumulative profits and losses. The pool automatically compounds trading fee earnings, implements circuit breaker withdrawal limits, and distributes fees among liquidity providers, MKL token stakers, and protocol development. Platform access supports both Aptos-native wallets and EVM wallet integration via LayerZero for omnichain deposits from multiple networks.

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.

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.

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.

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.

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.

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.

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

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.

Interest Rate Swaps is a derivatives platform that enables users to hedge, speculate, or arbitrage DeFi interest rates through automated market maker pricing. The system allows traders to enter pay-fixed or receive-fixed contracts based on IPOR benchmark rates, providing stability for borrowers and lenders to control costs and forecast income.

FX Hedging Infrastructure is an institutional hedging infrastructure designed to protect businesses from emerging market currency volatility during delayed settlement cycles. It is built for companies with 30 to 90 day receivable or payable exposure across NGN, GHS, KES and other volatile corridors. Hedges are currently executed OTC and settled using stablecoin rails with onchain settlement infrastructure being deployed to reduce counterparty risk and enable structured execution between approved institutional participants.

Prebit Perpetual Trading is a decentralized derivatives trading platform offering leveraged perpetual contracts with high leverage. The platform provides gasless trading options, advanced order types including market and limit orders, and supports long and short positions. Features include customizable stop-loss and take-profit mechanisms, real-time charting integration, and a competitive fee structure with 0.02% maker fees and 0.04% taker fees.

Turbo Tokens are leveraged crypto tokens that provide amplified exposure to assets like SOL, BTC, and WET without the risk of liquidation. Positioned as the middle ground between spot trading and perpetual futures, Turbo offers dynamic leverage (typically 2-3x) with automated risk management, allowing users to "go long with confidence" without constantly monitoring positions.

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.

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.

A structured yield product offering dual‑cryptocurrency notes with predefined outcomes based on price movements, accessible through the Ledn platform.

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.

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.

Cumberland Derivatives Trading provides liquidity for exchange-traded cryptocurrency options and futures, facilitating block trades and bilateral options contracts under ISDA frameworks. The service supports BTC and ETH derivatives markets with futures-spot basis trading capabilities and customized bilateral options structures for institutional risk management.

A self-wrapping Bitcoin solution that locks BTC in 2-of-2 multisig vaults on Bitcoin Layer 1, requiring signatures from both merchants and the Attestor Network to ensure security. Each iBTC token is 1:1 backed by Bitcoin, verified through Chainlink Proof of Reserve.

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.

Phoenix Perps implements perpetual futures trading infrastructure on Solana through proprietary AMM-style liquidity mechanisms. The system facilitates derivatives trading with gasless execution for retail users while providing professional traders with predictable order execution and advanced strategy support capabilities.

Rekt is a derivatives trading platform for perpetual futures with a simplified, gamified interface and social features designed to make perps trading accessible to users.

Cega Vaults offer a structured investment product offering yield generation through exotic derivatives strategies, including fixed coupon notes and basket options. The system accepts cryptocurrency deposits for 27-day trading periods, implementing barrier protection mechanisms against significant price movements while distributing premium-based returns to vault participants.

Exponent Protocol provides yield exchange mechanisms on Solana through yield stripping, enabling users to trade between fixed and variable yields via Income Tokens and Yield Tokens through a specialized Time-Dynamic AMM.

Sujiko is a decentralized perpetual derivatives platform on the Solana blockchain that allows users to trade blue-chip NFTs with as little as $1

Treasury and risk management solutions offering yield generation, hedging structures, and protection products for projects, DAOs, miners, and institutional clients.

GSR designs custom derivatives and structured products for institutions and protocols, offering hedging solutions, yield generation strategies, and risk management tools tailored to specific objectives.