Derivatives
Derivatives: explore decentralised finance for options, perpetuals, and other synthetic assets.
Top gainers this week
Top losers this week
7 days at the top this week: $DRV is dominating the category
Down 60 places this week, $XMT is losing steam
$SYNTH climbed 52 places this week
$XMT fell 43 places this week
$MRDX · 7 gem score this week
$DRV · 77 gem score this week
50 tokens rose and 98 fell this week
Down 83 places this month, $AARK is losing steam
@EnaGovernance+1•17$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 $JUP on TokenGems and I appreciate how clean the token breakdown is.
The chart feels responsive and the quick metrics snapshot at the top saves time.
Still testing everything, but for early beta this feels polished.
Interested to see how they expand analytics for ecosystem tokens.
@FunshorGovernance+2•8$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.
Frequently asked questions
How has Derivatives performed recently?
The Derivatives category has seen varied performance over the last 30 days. On a 7-day window, more tokens were down (93) than up (53), with Derive V2 (DRV) leading with a 7-day streak. Top climbers included DerivaDEX (DDX) and Aark Digital (AARK), while Purps (PURPS) and FWX DEX (B4FWX) were among the biggest fallers. Derive V2 (DRV) also registered the highest score, while meridx protocol (MRDX) recorded the lowest. Over the 30-day period, the category breadth was more balanced with 73 tokens up and 73 down. Aark Digital (AARK) continued its climb, and TRADOOR (TRADOOR) entered the top K. SakePerp (SAKE) and Opium (OPIUM) were notable fallers, and Derive V2 (DRV) maintained its streak leadership for 17 days. Base Protocol (BASE) recorded the highest 30-day score, while YieldFlow-YTrade (YFLOW) had the lowest.
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.