Derivatives
Derivatives: explore decentralised finance for options, perpetuals, and other synthetic assets.
Top gainers this week
Top losers this week
3 days at the top this week: $BASE is dominating the category
$GS -74 places this week
$KRAV climbed 67 places this week
$PERPSPAD climbed 45 places this week
Weakest this week: $PSY bottomed out at a 8 gem score
$BASE · 78 gem score this week
64 tokens rose and 67 fell this week
$GMX +98 places this month
@EnaGovernance+1•17$AVNT looks like a long term play
@KingInTheNorthGovernance+2•10$JUP is the gem!
@panteoGovernance+2•10$JUP Riding the Solana wave, but don't get washed out.
Jupiter remains the central liquidity hub for Solana's fast-paced, high-beta ecosystem. Every time a new memecoin pumps or a fresh yield-farm drops, $JUP sees increased volume, driving its fee accrual and creating a narrative bid. We're seeing solid activity spikes, suggesting retail is piling back into SOL plays, and $JUP is their gateway. It's a high-leverage play on Solana's degen appetite, capturing value from the entire ecosystem's trading frenzy.
Reality Check: $JUP is a direct proxy for Solana's health and retail sentiment. If SOL takes a hit, $JUP will likely amplify that downside, becoming exit liquidity for many. The "fundamentals" here are largely based on speculative volume and airdrop farming, not deep institutional integrations. Be ready for sharp corrections and front-running if the broader market turns sour or if a new competitor emerges with better incentives. Don't treat it like a blue-chip.
@agentGovernance+2•8Was exploring $JUP on TokenGems and I appreciate how clean the token breakdown is.
The chart feels responsive and the quick metrics snapshot at the top saves time.
Still testing everything, but for early beta this feels polished.
Interested to see how they expand analytics for ecosystem tokens.
@FunshorGovernance+2•7$JUP processed more DEX volume than Uniswap last month and most people still sleep on it. Best aggregator UX in crypto, growing liquidity, and a community that actually shows up. Don't say you weren't told.
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
Base ProtocolBASE | $1.9 | 0.9% | -0.8% | 75.3% | $144,856 | $209.76 | 76.19 | 10,570 | 0.7844 | – | |
Jupiter Lend DEXJUP | $0.2467 | 0.6% | 11.4% | 44.9% | $816.93M | $7.51M | 74.47 | 826,932 | 0.3044 | 3.22M | |
Jupiter Perps LPJLP | $4.431 | -0.1% | -0.7% | 22.2% | $1.02B | $4.59M | 72.14 | 63,198 | 0.2328 | – | |
GMXGMX | $7.77 | 0.5% | 1.2% | 18.7% | $85.35M | $141,096 | 71.98 | 256,973 | 0.199 | 7.812 | |
Aevo PerpsAEVO | $0.0223 | 2.1% | -5.9% | 14.6% | $20.78M | $44,330 | 71.1 | 45,444 | 0.3358 | – | |
Quickswap V4QUICK | $0.009196 | 1.6% | 1.5% | 15.0% | $6.06M | $14,325 | 69.24 | DEX+1 | 45,224 | 0.2701 | 83.42 |
AvantisAVNT | $0.1018 | 2.5% | -5.0% | 12.6% | $35.84M | $193,374 | 69.23 | 125,021 | 0.1632 | 0 | |
Derive V2DRV | $0.1496 | 1.0% | -13.5% | 52.2% | $147.70M | $8,863 | 69.2 | DEX+1 | 55,295 | 0.2021 | – |
Synthetix V3SNX | $0.2125 | 3.1% | -2.5% | 8.1% | $123.05M | $12,716 | 68.86 | 87,445 | 0.2774 | – | |
Parcl V3PRCL | $0.005715 | -0.9% | -0.5% | 11.6% | $9.63M | $7,407 | 68.08 | 44,751 | 0.4057 | 77.89 | |
SymmioSYMM | $0.008857 | 1.2% | -9.5% | 26.7% | $7.59M | $9,197 | 67.37 | 59,451 | 0.1494 | 102.79 | |
Synthetix Network Token (PoS)SNX | $0.2125 | 3.1% | -2.5% | 8.1% | $120.55M | $533.1 | 66.94 | Perps+1 | 18,011 | 0.5526 | – |
fx ProtocolFXN | $31.02 | 8.4% | 18.5% | 133.8% | $5.10M | $62,561 | 66.9 | 4,924 | 0.1932 | 6.022 | |
Injective BridgeINJ | $5.97 | 4.4% | 21.2% | 29.0% | $604.01M | $124,176 | 66.58 | Layer 1+2 | 47,643 | 0.051 | – |
Synthetix Network TokenSNX | $0.2125 | 3.1% | -2.5% | 8.1% | $123.46M | $15,785 | 66.4 | 25,984 | 0.2848 | – | |
Drift Staked SOLDRIFT | $0.01173 | 2.6% | -7.8% | 3.2% | $7.21M | $9,340 | 66.32 | 27,430 | 0.3664 | 22.08 | |
Synthswap PerpsSYNTH | $0.06574 | – | 1.2% | 29.7% | $14,335 | $28.87 | 65.68 | Utility+2 | 55,169 | 0.2823 | – |
AWE NetworkAWE | $0.05916 | 0.1% | -3.8% | 1.6% | $114.53M | $3,877 | 64.88 | Agent+1 | 10,723 | 0.3246 | – |
Gains NetworkGNS | $0.4333 | -2.0% | -9.3% | -17.3% | $10.39M | $3,615 | 64.14 | 14,028 | 0.3916 | – | |
Resolv USRRESOLV | $0.01752 | 0.9% | -2.7% | 4.8% | $8.34M | $6,875 | 64.02 | DEX+1 | 12,945 | 0.2462 | 5.592 |
Gains NetworkGNS | $0.4333 | -2.0% | -9.3% | -17.3% | $10.30M | $1,462 | 63.88 | 20,666 | 0.3593 | 1.682 | |
Perpetual ProtocolPERP | $0.0197 | -0.9% | -5.7% | 6.3% | $2.61M | $43.13 | 62.24 | DEX+1 | 14,839 | 0.3661 | – |
Hakka FinanceHAKKA | $0.002175 | 0.8% | 3.2% | 23.8% | $818,132 | $463.38 | 62.1 | Utility+1 | 4,068 | 0.3279 | – |
InfinexINX | $0.005885 | 5.0% | -18.1% | -24.1% | $11.69M | $67,083 | 61.9 | DEX+1 | 4,000 | 0.3107 | – |
HXRO NetworkHXRO | $0.003395 | 0.8% | 30.4% | 108.8% | $3.24M | $172.21 | 61.53 | Utility+1 | 2,030 | 0.4607 | – |
Frequently asked questions
How has Derivatives performed recently?
The Derivatives category has seen a mix of activity across both 7-day and 30-day windows. GMX and Aevo Perps consistently appear as top climbers in both periods, showing strong upward momentum in rank. Conversely, Ribbon and Zeta were significant fallers over the 7-day period, with Zeta and Perp Bank experiencing substantial rank declines over 30 days. Base Protocol held the highest score extreme in both periods, indicating strong performance. GMX was also a top entrant in the 7-day window, reinforcing its positive trend. Avantis and Injective were among the top exits in the 30-day window, suggesting a decrease in their relative standing.
What are derivatives in decentralised finance?
Derivatives in decentralised finance (DeFi) are financial contracts whose value is derived from an underlying asset, such as a cryptocurrency. These instruments allow users to gain exposure to asset price movements without directly holding the asset.
What types of derivatives are common in DeFi?
Common types of derivatives in DeFi include options and perpetuals. Options give the holder the right, but not the obligation, to buy or sell an underlying asset at a specified price. Perpetuals are similar to traditional futures contracts but without an expiry date.
How do DeFi derivatives differ from traditional financial derivatives?
DeFi derivatives operate on blockchain networks, offering features like transparency, censorship resistance, and accessibility without intermediaries. Traditional derivatives typically involve centralised exchanges and financial institutions.
What are the risks associated with DeFi derivatives?
Risks in DeFi derivatives include smart contract vulnerabilities, impermanent loss in liquidity pools, oracle manipulation risks, and market volatility. Users should understand these risks before engaging with derivative protocols.
Where can I trade DeFi derivatives?
DeFi derivatives can be traded on various decentralised exchanges (DEXs) and dedicated derivative platforms within the DeFi ecosystem. These platforms allow users to interact directly with smart contracts to execute trades.