Hyperliquid is a performant L1 optimized from the ground up. The vision is a fully onchain open financial system with user built applications interfacing with performant native components, all without compromising end user experience. The Hyperliquid L1 is performant enough to operate an entire ecosystem of permissionless financial applications – every order, cancel, trade, and liquidation happens transparently on-chain with block latency <1 second. The flagship native application is a fully onchain order book perpetuals exchange, the Hyperliquid DEX.

Roxom is a Bitcoin-priced and denominated stock, commodities, and futures exchange. User can now view and trade global markets in Bitcoin terms.

mirage is building modular money on Move. at its core, mirage is a liquidity layer that leverages synthetic assets to power a wide range of financial products. the mirage team has built out a high-performance perps DEX and allows others to build their own protocols by tapping into mirage's liquidity.

PRDT Finance is a decentralized prediction platform that provides a secure, user-friendly cross-chain environment for binary options trading. PRDT Finance features a more innovative and attractive reward system, such as the thrill of winning big, an interactive coin flip game, the chance to get treasure chests containing various rewards, and other features.

Lighter is a perpetual trading protocol that introduces a scalable, secure, transparent, non-custodial, and verifiable order book trading infrastructure within the Ethereum ecosystem. As an application-specific zk-rollup, it employs advanced cryptographic techniques and data structures. Lighter significantly improves the security and fairness of order book trading with its verifiable matching engine, ensuring scalable and efficient market price discovery. Thus, Lighter lays the groundwork for creating new, high-performance, and secure digital trading platforms.

Jupiter is a Solana-based DEX aggregator that aggregates liquidity for traders looking for the best possible prices with minimal slippage. Though Jupiter was initially conceived as a swap engine, the protocol has evolved significantly to include a number of different products for different kinds of users such as: Dollar-Cost Averaging (DCA), limit orders, perpetual trading, and, most recently, a launchpad.

Infinex is a new crypto application launched by Synthetix, providing access to a variety of on-chain protocols, services and applications. It is unmanaged and uses a new security architecture centered on on-chain smart accounts and keys. Infinex was previously a decentralized perpetual protocol.

StandX is a perpetual DEX that enables users to trade with yield-earning margins. DUSD is StandX's first product - a yield-bearing stablecoin.

Dexari is a mobile app for decentralized perpetual trading, powered by Hyperliquid's order book. It provides up to 50x leverage on assets like Bitcoin and Ethereum, with low fees and real-time execution. Users can trade without KYC, manage their self-custodial accounts securely, and engage with pro trading features.

Pendle is a yield trading protocol that allows users to tokenize and trade future yields by leveraging top yield-generating protocols such as Aave, Compound, and Wonderland. Similar to stripped bonds in traditional finance, Pendle splits yield-bearing assets into tokenized ownership (zero-coupon bonds) and yield components (coupons), enabling innovative yield trading opportunities.

Felix is a synthetic dollar protocol on Hyperliquid L1 that allows users to deposit collateral and borrow feUSD to earn income using Felix vaults.

Vertex is a decentralized exchange for trading spot and perpetual contracts on an order book. Its industry-leading trading engine and integrated money market make Vertex's suite of cross-margin products suitable for both professional and beginner traders.

Injective is an interoperable layer-1 blockchain that powers the next generation of financial applications. Injective uniquely provides plug-and-play financial infrastructure primitives such as high-performance on-chain decentralized trading infrastructure, decentralized bridges, oracles, and multiple composable smart contract layers such as CosmWasm and EVM.

edgeX is a high-performance, orderbook-based Perp Dex with native trading experience.

Overlay is a protocol that enables trading of virtually any data stream, be it long or short, with leverage, using price oracles and a native token. Users can take long or short positions with leverage on the value of the data stream by locking up the native ERC 20 token, OVL, in the stream's market contract. The ultimate goal of Overlay is to create a self-sustaining protocol that provides all participants (traders, liquidity providers, and governance participants) with an incentive to grow with Overlay. If successful, DeFi users will be able to turn any manipulation-resistant data stream into a financial instrument.

Drift Protocol is a Solana on-chain asset trading center, offer Perps, Prediction Market and so on services.

Avantis is an oracle-based synthetic derivatives protocol where users can trade crypto and real world assets with up to 100x leverage, and earn yield as a market-maker by providing USDC liquidity.

D3X is a multichain decentralized exchange for spot and derivatives trading, powered by AI. It provides an all-in-one solution with AI-driven insights, offering market signals and advanced trading tools to enhance decision-making and strategy development across spot and Perp DEX trading.

Paradex is a crypto-derivatives exchange launching on Starknet’s first Appchain. Paradex will offer perpetual futures trading with deep liquidity, capital efficiency and performance while remaining transparent and self-custodial. Paradex was incubated by the team at Paradigm, the largest institutional liquidity network in crypto.

dYdX is a decentralized exchange that provides users with key financial instruments, such as perpetuals, margin trading, spot trading, lending, and borrowing. It equips traders with off-chain order books and on-chain settlement, allowing them to short-sell tokens, increase exposure by leveraging long positions, and earn interest on deposited tokens for faster transactions.

Tradoor is an NDMM exchange using smart math and safety measures to allow people to trade with confidence and protecting traders, LPs, and the protocol from unexpected market changes.

MYX Finance is the Chain-Abstracted Perpetual DEX built for the democratizing alpha on-chain. MYX Finance lets anyone trade perpetual contracts on any token—from blue-chip assets to the newest meme coin—with deep liquidity, 1 bp fees, and a seamless UX—all without surrendering keys or jumping chains.

Coral Finance is a trading platform and liquidity center built for all kinds of pre-market assets generated by real investment. Through a unique lock + unlock mechanism, built-in DEX to quickly match user transactions, and efficient platform governance, Coral not only allows users to lock in profits in advance, but also creates a continuous growth flywheel for pre-launch projects.

Taker Protocol is a yield scaling layer built on the NPOL consensus mechanism. It provides liquidity and yields to the Bitcoin ecosystem through robust incentive structures, offering features such as EVM compatibility and strong demand for Taker tokens. Any Bitcoin derivatives can be traded via the Taker protocol, generating attractive on-chain yield and protocol revenue, which are directly distributed to protocol users. Taker will be the yield scaling and dAPP layers for all BTC and its derivatives.

Polyester is a decentralized trading platform that supports users trading any coin on any chain, with features including spot, margin and perpetual.

Harmonix Finance is where TradFi meets DeFi: automated vaults, smart strategies, and max gains with min risk. Harmonix Finance is building efficient hedge fund on-chain derivatives pools using hedge fund strategies (like options wheel & delta neutral) where users deposit fund and receive high yield & multiple tokens airdrop.

Bluefin (formerly Firefly, dTrade) is a decentralized perpetual contract agreement that supports users to trade perpetual contracts anytime, anywhere with a leverage ratio of up to 20 times. Its sub-product AlphaLend is a decentralized, non-custodial lending protocol based on SUI blockchain.

Antarctic Exchange (AX) is a community-first decentralized perpetual futures exchange (perp DEX) that combines advanced trading features with a user-aligned ecosystem. By prioritizing transparency and user experience, AX creates an equitable marketplace that empowers traders to maximize capital efficiency in a secure, transparent environment.

Avitus is a DeFi derivatives protocol based on MoveVM that allows users to achieve sustainable LSD returns and aims to unlock the original DeFi utility of on-chain assets.

EVEDEX is a Perpetual DEX & Next-Gen Web3 financial ecosystem built on its own L3 blockchain.