Top 5 Lyra V1 Competitors & Alternatives And Similar Options Projects

A lightweight on-chain and cross-chain DeFi perpetual options protocol based on a polarized token mechanism

DeFi , Derivatives , EVM , Infrastructure , Layer 2 , Leveraged Token , Options , Structured Products

Arbitrum , Avalanche , Binance , BNB Chain , Ethereum , view 1 more

$10,527

145

3,980

n/a

n/a

Deri Protocol is a decentralized protocol for users to exchange risk exposures precisely and capital efficiently. It is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain.

DeFi , Options

Arbitrum , Base , Binance , Blast , Linea , view 7 more

$6,438,923

50,257

n/a

n/a

n/a

Deri Protocol is a decentralized protocol for users to exchange risk exposures precisely and capital efficiently. It is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain.

DeFi , EVM , Options , Risk management

Arbitrum , Binance , BNB Chain , Ethereum , Huobi ECO Chain Mainnet , view 2 more

$308,720

50,257

3,573

n/a

n/a

n/a

Arbitrum Ecosystem , DeFi , EVM , Options

Arbitrum , Base , Blast , Ethereum , Mantle , view 1 more

$155,861

231

14,406

2,069

n/a

Opium is a universal and robust protocol that allows for creating, settling, and trading any decentralised derivative.

DeFi , Derivatives , EVM , Options

Arbitrum , Binance , BNB Chain , Ethereum , Polygon

$130,472

11,736

1,466

2,642

n/a