# Adrena

> Trade at the speed of light with up to 100x leverage.

Adrena lets users trade perpetuals on Solana through an on-chain program with zero slippage and up to 100x leverage.

Adrena helps traders execute perpetual trades on Solana by combining on-chain settlement with off-chain order processing. Users can trade with leverage, maintain self-custody of funds, and earn rewards through fee sharing. The protocol focuses on delivering CEX-like performance with DEX security.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2023-03-01
- Profile: https://thegrid.id/profiles/adrena

## Products

- [Adrena](https://thegrid.id/profiles/adrena): Adrena is a permissionless perpetual DEX powered by a multi-asset pool, offering millisecond execution and oracle-based pricing for zero-impact trades. (Decentralised Exchange, Live, Main Product)

## Assets

- [Adrena ADX (ADX)](https://thegrid.id/profiles/adrena): ADX is the governance token of Adrena. It is used to vote on protocol proposals and to stake for earning USDC rewards generated from trading fees. Holders participate in directing the development of the perpetual DEX while capturing a share of the revenue it generates. (Governance)
- [Adrena LP Token (ALP)](https://thegrid.id/profiles/adrena): ALP is a liquidity provider token representing ownership in Adrena's multi-asset trading pool on Solana. It is used to provide collateral for perpetual futures trading and earns 70% of protocol fees through asset appreciation and USDC distributions. Holders can lock their tokens for different durations to receive multiplied USDC fee revenue and gain access to ADX governance token emissions, incentivizing long-term liquidity commitment. (Liquid Staking Tokens (LSTs))

## Links

- [Main](https://www.adrena.xyz)
- [Documentation](https://docs.adrena.xyz)
- [Terms of Service](https://docs.adrena.trade/technical-documentation/terms-and-conditions)
- [Twitter / X](https://x.com/AdrenaProtocol)
- [Discord](https://discord.gg/adrena)
- [GitHub](https://github.com/AdrenaFoundation)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP