Derivatives
Derivatives: explore decentralised finance for options, perpetuals, and other synthetic assets.
Top gainers this week
Top losers this week
$xSOL has led the category 5 days running this week
$PERPSPAD climbed 53 places this week
Up 45 places this week, $xBTC is gaining ground
$ATM fell 45 places this week
$SYNTH · 6 gem score this week
$xSOL hit a gem score of 78 this week
99 tokens rose and 38 fell this week
$PIKA +51 places this month
@EnaGovernance+1•17$AVNT looks like a long term play
@KingInTheNorthGovernance+2•11$JUP is the gem!
@panteoGovernance+2•11$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•9Was exploring $JUP on TokenGems and I appreciate how clean the token breakdown is.
The chart feels responsive and the quick metrics snapshot at the top saves time.
Still testing everything, but for early beta this feels polished.
Interested to see how they expand analytics for ecosystem tokens.
@FunshorGovernance+4•8$SOL down 4-5% today but $JUP is still being called Solana's flagship DeFi Superapp for a reason. Smart routing across Raydium and the entire Solana DEX ecosystem — this isn't just another aggregator. When $SOL recovers, $JUP leads the DeFi charge.
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Holder Distribution ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
xSOLxSOL | $0.05821 | 1.4% | -13.5% | -39.4% | $5.40M | $157,608 | 77.7 | 28,583 | 0.488 | – | |
Derive V3 OptionsDRV | $0.3654 | 3.3% | -8.5% | -16.4% | $367.52M | $24,689 | 77.04 | DEX+1 | 53,953 | 0.2345 | – |
Jupiter tokenJUP | $0.2792 | 0.6% | -11.3% | -25.1% | $1.93B | $2.90M | 75.23 | DEX+2 | 830,006 | 0.3071 | 1.01M |
Aevo PerpsAEVO | $0.02202 | 1.9% | -3.1% | -18.6% | $20.51M | $50,010 | 72.99 | 45,590 | 0.3342 | – | |
Jupiter Perps LPJLP | $4.474 | 0.6% | -2.6% | -8.8% | $1.03B | $1.43M | 72.77 | 62,959 | 0.25 | – | |
GMXGMX | $8.605 | 7.0% | 7.4% | 2.9% | $91.83M | $336,910 | 72.45 | 256,361 | 0.2148 | 9.374 | |
TRADOORTRADOOR | $0.625 | 1.3% | 1.6% | -6.2% | $37.48M | $615,834 | 71.69 | Perps+1 | 105,834 | 0.179 | – |
VerantaAVNT | $0.109 | -1.1% | -4.5% | -15.6% | $39.34M | $209,893 | 71.47 | 126,059 | 0.1668 | 0 | |
Drift Staked SOLDRIFT | $0.01363 | 1.7% | -12.4% | -31.4% | $8.29M | $14,874 | 71.1 | DEX+2 | 27,468 | 0.3718 | 30.2 |
Parcl V3PRCL | $0.006076 | 1.3% | -1.3% | -4.3% | $9.63M | $5,251 | 70.94 | 44,531 | 0.4105 | 94.65 | |
MYXMYX | $0.06218 | 7.4% | 4.0% | -19.9% | $14.68M | $277,876 | 70.74 | Utility+2 | 63,817 | 0.2405 | – |
Injective BridgeINJ | $7.978 | -0.7% | -10.7% | 3.1% | $801.47M | $157,187 | 69.77 | Layer 1+2 | 48,553 | 0.0502 | – |
Gains NetworkGNS | $0.3919 | 0.8% | -13.9% | -22.9% | $9.36M | $6,187 | 68.96 | 20,669 | 0.4845 | 1.619 | |
GRVTGRVT | $0.236 | 11.0% | -9.0% | 17.3% | $3.18M | $2.75M | 68.66 | DEX+1 | 29,500 | 0.2206 | – |
Synthetix V3SNX | $0.2005 | 1.9% | -10.3% | -25.4% | $116.63M | $1,462 | 68.46 | 87,768 | 0.2743 | – | |
AWE NetworkAWE | $0.06512 | 1.3% | -5.6% | -4.8% | $130.37M | $17,987 | 68.11 | 10,794 | 0.3312 | – | |
SymmioSYMM | $0.006069 | 9.0% | -3.6% | -21.6% | $5.22M | $19,362 | 67.31 | 59,414 | 0.1548 | 95.23 | |
Gains NetworkGNS | $0.3919 | 0.8% | -13.9% | -22.9% | $9.39M | $15,074 | 67.05 | 14,081 | 0.3809 | – | |
fx ProtocolFXN | $20.24 | -9.4% | -15.2% | -33.9% | $3.42M | $68,672 | 67.05 | 5,190 | 0.2016 | 3.271 | |
Synthetix Network Token (PoS)SNX | $0.2005 | 1.9% | -10.3% | -25.4% | $116.29M | $79.47 | 66.96 | Perps+1 | 17,979 | 0.5567 | – |
Hylo 3x Leveraged BTCxBTC | $1.908 | 1.3% | -6.6% | -13.1% | $1.40M | $49,656 | 66.76 | BTC+1 | 6,211 | 0.5412 | – |
Synthetix Network TokenSNX | $0.2005 | 1.9% | -10.3% | -25.4% | $116.72M | $1,930 | 66.3 | 25,841 | 0.2849 | – | |
perpspadPERPSPAD | $0.0009428 | 10.7% | -31.3% | -55.2% | $779,999 | $15,319 | 66.07 | Perps+1 | 2,738 | 0.6147 | – |
Mango Markets V4 PerpsMNGO | $0.03389 | 30.4% | 9.1% | 0.6% | – | $701,104 | 65.87 | 13,508 | 0.0863 | – | |
Baby BFTBBFT | $0.0000892 | -6.2% | -19.8% | 35.6% | $891,002 | $6,857 | 65.67 | Utility+13 | 23,432 | 0.5734 | – |
Frequently asked questions
How has Derivatives performed recently?
The Derivatives category has seen considerable upward movement in the past week, with 99 tokens rising compared to 38 falling. xSOL has been a standout performer, leading with a 5-day streak and achieving the highest score of 77.6925. Other notable climbers over the past 7 days include PERPSPAD, xBTC, Hyperliquid (HYPE), Cryptex (CTX), and Treble V2 (TREB). Conversely, ATM, SYNTH, SakePerp (SAKE), GOVI, and IDEX have experienced declines. Looking at the 30-day window, the trend continues with 85 tokens rising against 52 falling. xSOL maintains its leading streak and top score, reaching 79.4837. Pika V4 (PIKA), Grvt Bridge (GRVT), xBTC, Hyperliquid (HYPE), and GammaSwap Classic (GS) are among the top 30-day climbers. Synthswap Perps (SYNTH), ATM, Ribbon (RBN), Purps (PURPS), and SakePerp (SAKE) are among the most significant fallers over the longer period.
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.