Merkle Trade

Perpetual Protocol

This company develops a decentralized exchange for trading perpetual futures contracts and derivatives with leverage for individual and institutional cryptocurrency traders.

Perpl

This company develops a decentralised exchange for trading perpetual futures on the Monad blockchain for cryptocurrency traders.

Paradex

This company provides a decentralised exchange for perpetual futures and options trading to retail and institutional crypto investors.

KTX Finance

This company develops a decentralised exchange platform for cryptocurrency traders to perform on-chain perpetuals and margin trading through a multi-asset liquidity pool.

Variational

This company develops a decentralised protocol for trading perpetuals and other derivatives, serving retail traders and institutional clients.

Hyperliquid

This company develops a decentralised exchange for trading perpetual futures and spot assets on a custom blockchain for cryptocurrency traders.

BSX Exchange

This company develops a decentralized cryptocurrency derivatives exchange for retail and institutional traders to trade perpetual futures contracts.

DerivaDEX

This company provides a decentralized exchange for cryptocurrency derivative contracts and perpetual swaps, serving retail and institutional traders.