The top DOV projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.
Thetanuts Finance
Decentralized altcoin options protocol for DeFi
Ribbon Finance
Structured products for DeFi portfolios
Harmonix Finance
Programmatic yield vaults for the Hyperliquid ecosystem
Dual Finance
Tokenization engine for real world assets
katana
Automated options yield on Solana
Stryke
Decentralized options protocol
Friktion
defunctFull-stack portfolio and risk management platform
D2.finance
On-chain multi-strategy hedge fund
Hermetica
Bitcoin-native synthetic dollar
TYMIO
Decentralized Structured Products Protocol
SHIELD PROTOCOL
Decentralized derivatives protocol
Dirac Finance
Institutional Grade Decentralized Options Vault
SuperHedge
DeFi options vault
Structure Finance
Platform for structured financial product
AlgoRai
DeFi structured products
Spin
Decentralized trading platform on NEAR
dVOL.Finance
DeFi asset manager
Knox Finance
DeFi Option Vaults with built-in risk tooling
Syrupal Protocol
On-chain Options System
Tap Finance
Yieldfusion
DeFi structured products platform