Top 5 Lighter V2 Perps Competitors & Alternatives And Similar Derivatives Projects

DeFi , Derivatives

Solana

$1,215,133,336

569,272

n/a

180,944

n/a

Drift brings on-chain, cross-margined perpetual futures to Solana. Making futures DEXs the best way to trade.

DeFi , Derivatives , DEX , Perpetual , Trading

Solana

$458,340,352

121,906

n/a

16,095

n/a

GMX is a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades. Trading is supported by a unique multi-asset pool that earns liquidity providers fees from market making, swap fees, leverage trading (spreads, funding fees & liquidations) and asset rebalancing.

DeFi , Derivatives

Arbitrum , Avalanche , Botanix Mainnet , Solana

$396,734,626

228,867

n/a

n/a

n/a

Hyperliquidity Provider (HLP) is a protocol vault that does market making and liquidations and receives a portion of trading fees

DeFi , Derivatives , Yield

Hyperliquid

$267,606,196

221,331

n/a

n/a

n/a

Extended, built by ex-Revolut team, is a self-custody exchange with on-chain trade settlement and complete transparency. Currently live with perps but we’re on a mission to build the most extended portfolio in DeFi that rivals CEXs with spot, borrowing & lending and portfolio margin.

DeFi , Derivatives

Ethereum , Starknet

$205,481,708

n/a

n/a

n/a

n/a