List of Derivatives companies in Web3 (2026)

Bulk Exchange is a decentralized perpetuals trading platform built on Solana using a custom execution layer called Bulk T1. The platform operates via the bulk-agave validator client, a forked version of jito-agave with an integrated Bulk Tile sidecar that bypasses the standard Solana transaction queue to achieve sub-20ms order matching. It features a CLOB-based orderbook, gasless order placement, non-custodial asset custody, and a shared liquidity vault system (Angmar) that issues Vault Representation Tokens for capital-efficient cross-protocol deployment.

Parasol is an execution engine for on-chain perpetual futures on Solana, using zero-knowledge proofs to verify off-chain computation. Order matching, deposits, and withdrawals are processed off-chain, with resulting state commitments settled on Solana as SPL tokens. The engine provides dedicated blockspace per application and deterministic transaction ordering, targeting 25 millisecond order execution.

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.