The top Options projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Flying Tulip
Custom lending market on Sonic

Flying Tulip
Custom lending market on Sonic

Strike
Crypto-based sports betting platform

Thetanuts Finance
On-chain altcoin options with yield

Thetanuts Finance
On-chain altcoin options with yield

Opium
Dex derivatives with insurance and fixed income

Opium
Dex derivatives with insurance and fixed income

Opium
Dex derivatives with insurance and fixed income

Aevo
World's first high-performance decentralized options exchange

Ithaca Protocol
Composable Option Protocol

Ithaca Protocol
Composable Option Protocol

SIREN
Fully-collateralized options for any token.

SIREN
Fully-collateralized options for any token.

Rain
Permissionless prediction and options market creation.

Rain
Permissionless prediction and options market creation.

Rain
Permissionless prediction and options market creation.

Ribbon Finance
Crypto structured products for better risk-return

Ribbon Finance
Crypto structured products for better risk-return

Derive
Programmable onchain derivatives and structured products.

Derive
Programmable onchain derivatives and structured products.

Derive
Programmable onchain derivatives and structured products.

Thales
Binary options platform in Synthetix ecosystem

Thales
Binary options platform in Synthetix ecosystem

Jones DAO
Yield, strategy and liquidity protocol for DeFi options

Ryze.Fi
Binary Options platform

Opyn
DeFi Options Platform

Opyn
DeFi Options Platform

Exotic Markets
Solana-based options protocol

Exotic Markets
Solana-based options protocol

Oddz
Multi-chain Derivatives Trading Protocol

Hegic

Polynomial
One-stop DeFi options protocol

Deri Protocol

Stryke
Decentralized options protocol

A.T.M. by BaseVol

Premia
Decentralized options protocol

Premia
Decentralized options protocol

Auctus

Bitune

Panoptic
A perpetual, oracle-free options protocol

Panoptic
A perpetual, oracle-free options protocol

Divergence Protocol

PsyFi
Decentralized options trading platform

LogX Network

Typus

Lien
Ethereum-based options protocol

HXRO

Eve
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Racks
Decentralized derivatives trading platform
