Best of · Optimism · Updated
The best Derivatives dApps on Optimism in 2026
We track 15 Derivatives dApps that run on Optimism and have reviewed 4 of them in full. Our top pick is Orderly Bridge. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Orderly Bridge
Derivatives · Ethereum, Solana, BNB Chain +16
Orderly is trading infrastructure for branded perpetual DEXs, not a conventional token bridge or a single exchange. Traders use it through connected apps, so check that app’s fees, markets and terms before connecting a wallet.
ScoreScore 6.0 out of 10TVL $23.5M−9.6% - 2
Contango V2
Derivatives · Arbitrum, Ethereum, Base +7
Contango V2 automates leveraged positions using DeFi lending markets. It may suit experienced traders, but costs, liquidation risk and contract exposure need careful checking.
ScoreScore 5.9 out of 10TVL $6.80M−0.4% - 3
MUX Perps
Derivatives · Arbitrum, Avalanche, BNB Chain +2
MUX Perps is a multi-chain perpetuals trading app and aggregator. Its routing and margin options may suit active traders, but check the full costs, liquidation rules and contract risks before funding a wallet.
ScoreScore 5.8 out of 10TVL $8.96M−2.3% - 4
ApeX Pro
Derivatives · Ethereum, Polygon, Arbitrum +4
ApeX Pro is a decentralized derivatives trading platform for leveraged perpetuals. Its current branding also promotes ApeX Omni, so check which product and trading terms you’re using before connecting a wallet.
ScoreScore 5.7 out of 10TVL $1.28M−0.1% - 5
Aevo Perps
Derivatives · Ethereum, Arbitrum, Optimism +1
Aevo Perps is a crypto derivatives platform for trading options and perpetual futures. Fees, custody arrangements and key trust details are not established, so check them before trading.
ScoreNot rated yetTVL $14.9M−2.8% - 6
Derive V2
Derivatives · Optimism, Ethereum, Base +4
Derive V2 is an onchain options and perpetuals exchange, but its fees and audit status need checking before you connect a wallet or trade.
ScoreNot rated yetTVL $295K−0.1% - 7
Vest Markets
Derivatives · Arbitrum, Ethereum, BNB Chain +4
Vest Markets presents itself as a cross-asset perpetuals DEX, but its fee, audit and wallet details are too limited to judge whether it is a good place to trade. Treat its zero-fee and up-to-50x claims as claims to verify before connecting a wallet.
ScoreNot rated yetTVL $185K−45.6% - 8
Lynx
Derivatives · Sonic, Boba, Arbitrum +15
Lynx is a decentralized perpetuals exchange that advertises cross-chain, gasless trading with any token as collateral. Its fees, trading mechanics and security record are too unclear to assess before you connect funds.
ScoreNot rated yetTVL $157K−3.1% - 9
Resonate Finance
Derivatives · Optimism, Arbitrum, Ethereum +2
Resonate Finance is described as a yield-futures protocol: you can receive an upfront payment by selling rights to future yield. Published details are too limited to assess fees, safety or how to use it.
ScoreNot rated yetTVL $90.4K−1.4% - 10
Pika V4
Derivatives · Optimism
Pika V4 is described as a perpetual swap exchange on Optimism, but there isn’t enough published detail to judge its costs, safety or setup. Verify the trading terms and contracts before connecting a wallet.
ScoreNot rated yetTVL $86.8K−0.0% - 11
Mummy Finance
Derivatives · Optimism, Arbitrum, Fantom +1
Mummy Finance is a multichain DeFi trading platform for swaps and perpetuals. Its costs, security details and starting process are not clear enough to recommend it yet.
ScoreNot rated yetTVL $51.6K−4.2% - 12
BarnBridge
Derivatives · Ethereum, Optimism, Arbitrum
BarnBridge is a derivatives project on Ethereum, Optimism and Arbitrum. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
ScoreNot rated yetTVL $23.7K−0.2% - 13
RubyDex
Derivatives · Ethereum, Optimism, Arbitrum +7
RubyDex is a derivatives project on Ethereum, Optimism, Arbitrum and Bnb Chain. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
ScoreNot rated yetTVL $24−0.1% - 14
OPX Finance
Derivatives · Optimism
OPX Finance is a derivatives project on Optimism. Its team publishes little about how it works, what it costs or how funds are secured, so treat it with care.
ScoreNot rated yetTVL $0 - 15
Polynomial Trade
Derivatives · Optimism
Polynomial Trade was a Synthetix-powered derivatives exchange on Optimism. It has been reported shut down, so don’t connect a wallet or send funds to it.
ScoreNot rated yetTVL —
Derivatives dApps on Optimism: the numbers
- Tracked
- 15
- Reviewed
- 15
- Total TVL
- $56.4M
- Avg. score
- 5.8/10
SkyBitcoins tracks 15 derivatives dApps on Optimism. Every one of them has a full review. The 13 that report TVL hold $56.4M between them, counting value on every chain they support. Orderly Bridge is the clear leader, holding 42% of it. The top five account for 98%, while the median derivatives dApp holds $185K.
Ranked by TVL, Orderly Bridge ($23.5M), Aevo Perps ($14.9M) and MUX Perps ($8.96M) lead the field. On SkyBitcoins scores, Orderly Bridge ranks first at 6.0/10, ahead of Contango V2 (5.9) and MUX Perps (5.8). That makes Orderly Bridge both the biggest and the best-rated. The 4 rated derivatives dApps average 5.8/10, and none scores 8 or above yet.
Beyond Optimism, these derivatives dApps most often also run on Arbitrum (12), Ethereum (10) and BNB Chain (7). Of the 12 with a confirmed status, 11 are active and 1 is inactive or wound down. Over the last seven days, combined TVL fell 5.6%. Orderly Bridge dropped the most (−9.6%).
Largest by TVL
- 1
Orderly Bridge$23.5M
- 2
Aevo Perps$14.9M
- 3
MUX Perps$8.96M
- 4
Contango V2$6.80M
- 5
ApeX Pro$1.28M
Highest rated
- 1
- 2
- 3
- 4
Method
How we ranked them
Reviewed dApps come first. Each SkyBitcoins review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.
Guides
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Frequently asked questions
What is the largest derivatives dApp on Optimism by TVL?
Orderly Bridge is the largest derivatives dApp on Optimism by total value locked, with $23.5M across all the chains it supports. It is followed by Aevo Perps ($14.9M) and MUX Perps ($8.96M). TVL figures come from DefiLlama and change daily.
Which derivatives dApp on Optimism has the highest SkyBitcoins score?
Orderly Bridge has the highest score at 6.0/10, ahead of Contango V2 (5.9) and MUX Perps (5.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many derivatives dApps on Optimism has SkyBitcoins reviewed?
SkyBitcoins tracks 15 derivatives dApps on Optimism. Of these, 15 have a full review and 13 report value locked, $56.4M in total, counting value on every chain they support.
Which derivatives dApps on Optimism grew the most this week?
Among derivatives dApps with at least $1M locked, Orderly Bridge the biggest drop (−9.6%). Combined TVL moved −5.6% over the same seven days.
What is the average score for derivatives dApps on Optimism?
The 4 rated derivatives dApps on Optimism average 5.8 out of 10. Of these, 0 score 8 or higher and 0 score below 5.