Top 5 SoDEX Perps Competitors & Alternatives And Similar Derivatives Projects

DeFi , Derivatives

Solana

$678,835,960

569,272

n/a

176,668

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

$275,049,651

221,331

n/a

n/a

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

$171,743,716

228,867

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

$138,005,338

n/a

n/a

n/a

n/a

Trade options, perps and spot on the most powerful self-custodial exchange.

DeFi , Derivatives , Options

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

$111,620,049

698

n/a

n/a

n/a