Top 5 QFEX Competitors & Alternatives And Similar Derivatives Projects

DeFi , Derivatives

Solana

$772,428,796

618,410

n/a

173,635

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 , MegaETH , Solana

$210,271,783

222,146

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

$180,808,767

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

$119,165,313

30,916

n/a

n/a

n/a

Lighter is a decentralized trading platform that is designed to deliver unmatched security and scale. Lighter provides verifiable matching and liquidations, while operating at the best-in-class traditional exchange level performances.

DeFi

Robinhood Chain

$110,561,457

n/a

n/a

n/a

n/a