Best Derivatives Trading (Perpetuals, Options) Software

dYdX is a decentralized exchange that allows users to trade perpetual futures contracts for cryptocurrencies with up to 20x leverage, operating on its own Cosmos-based Layer 1 blockchain.

Synthetix is a decentralized protocol on Ethereum and Optimism that enables users to mint and trade synthetic assets (Synths) tracking real-world and crypto assets using SNX collateral.

GMX is a decentralized perpetual exchange on Arbitrum and Avalanche for trading BTC, ETH, and more with up to 50x leverage against a multi-asset liquidity pool.

Opyn is a permissionless decentralized perpetual futures trading platform that allows anyone to deploy trading markets on any ERC-20 token pair with automated market making and portfolio margin efficiency.

Perpetual Protocol is a decentralized exchange (DEX) on Ethereum Layer 2 for trading perpetual futures contracts with leverage using a virtual automated market maker (vAMM).