Top 5 Legends Token Competitors & Alternatives

Decentralized Hedge Funds on Ethereum

Asset management , DeFi , EVM , Indexes

Arbitrum , Base , Ethereum , Hyperliquid , OP , view 2 more

$20,476,960

18,796

1,090

n/a

n/a

Derify has innovative designs, including position mining, hAMM (hedged automated market maker), 0 slippage, 0 funding fee, and support limit orders. All transactions are handled on-chain. In addition, the protocol has a closed loop of risk control through innovative mechanisms such as PCF (Position Change Fee), position limit, insurance pool, bDRF (bond), etc. These risk-control mechanisms help Derify avoid the occurrence of negative margin accounts in traditional perpetual contracts. Ensuring the system stability and resilience, Derify can survive in different market conditions.

Binance Smart Chain Ecosystem , DeFi , DEX , Dexs , EVM

Binance , BNB Chain

$50

32,105

n/a

n/a

n/a

EVM

BNB Chain , Ethereum , Polygon

n/a

26,194

n/a

n/a

n/a

EVM

n/a

24,759

n/a

n/a

n/a

DeFi Summer was just the beginning. Meet Inverse, part of the new wave of decentralized banking & finance. From a capital-efficient money market, to tokenized synthetic assets, legacy finance is about to be invaded.

CDP , DeFi , EVM

Ethereum

$24,342,482

23,849

n/a

n/a

n/a