Best of · Blast · Updated
The best Derivatives dApps on Blast in 2026
We track 8 Derivatives dApps that run on Blast and have reviewed 4 of them in full. Our top pick is SynFutures V3. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
SynFutures V3
Derivatives · Base, Blast
SynFutures V3 is a decentralized perpetual futures protocol on Base and Blast that pairs an AMM with an on-chain order book. TVL is modest at about $2.1M, so liquidity and leverage risk deserve attention.
ScoreScore 6.8 out of 10TVL $2.09M−9.7% - 2
Derive V2
Derivatives · Optimism, Ethereum, Base +4
Derive V2 is a self-custodial exchange for crypto options, perpetuals and spot, aimed at BTC and ETH traders. Its main draw is onchain options; the main caveats are modest locked value and no listed audits.
ScoreScore 6.4 out of 10TVL $295K−0.0% - 3
Wasabi Perps
Derivatives · Base, Solana, Ethereum +2
Wasabi Perps is a leverage trading protocol for long-tail assets such as memecoins and NFTs, running on several chains. TVL is small and public reporting hint at a recent incident, so treat it as high risk.
ScoreScore 4.8 out of 10TVL $430K−14.4% - 4
HMX
Derivatives · Polygon, Arbitrum, Blast
HMX was a decentralized perpetuals exchange with cross-margin, multi-asset collateral and leveraged market making. It has migrated to TradeOnDESK, so confirm the current product and interface before considering it.
ScoreScore 3.5 out of 10TVL $14.0K−1.3% - 5
Bloom Trading
Derivatives · Blast
Bloom Trading is described as a Blast-based leverage trading and market-making platform with yield features for liquidity providers. Its advertised tools are specific, but its current status, fees, and security details are unclear.
ScoreNot rated yetTVL $0 - 6
Core Markets
Derivatives · Blast
Core Markets is described as an intent-based perpetuals platform on Blast. Its mechanics, fees, and current operating status are unclear, so verify the platform details before considering a trade.
ScoreNot rated yetTVL — - 7
IntentX
Derivatives · Base, Mantle, Arbitrum +1
IntentX describes itself as a perpetuals platform built around intent technology. Its product mechanics, fees, supported markets, and security details are not established here.
ScoreNot rated yetTVL — - 8
Blast Futures Exchange Bfx
Derivatives · Blast
Blast Futures Exchange BFX is described as a futures trading venue on Blast. Its current status, trading details, fees and security disclosures are unclear, so users should verify these before considering it.
ScoreNot rated yetTVL —
Derivatives dApps on Blast: the numbers
- Tracked
- 8
- Reviewed
- 8
- Total TVL
- $2.83M
- Avg. score
- 5.4/10
There are 8 derivatives dApps on Blast in the DappsAtlas index. Every one of them has a full review. Across the 4 with TVL data, the combined value locked is $2.83M, counting value on every chain they support. SynFutures V3 dominates, with 74% of that total.
Ranked by TVL, SynFutures V3 ($2.09M), Wasabi Perps ($430K) and Derive V2 ($295K) lead the field. On DappsAtlas scores, SynFutures V3 ranks first at 6.8/10, ahead of Derive V2 (6.4) and Wasabi Perps (4.8). That makes SynFutures V3 both the biggest and the best-rated. The 4 rated derivatives dApps average 5.4/10, and none scores 8 or above yet.
Beyond Blast, these derivatives dApps most often also run on Base (4), Arbitrum (3) and Ethereum (2). Of the 4 with a confirmed status, 3 are active and 1 is inactive or wound down. In the past week, total value locked fell 9.5%.
Largest by TVL
- 1SynFutures V3$2.09M
- 2
Wasabi Perps$430K
- 3
Derive V2$295K
- 4
HMX$14.0K
Highest rated
- 1SynFutures V36.8
- 2
- 3
- 4
Method
How we ranked them
Reviewed dApps come first. Each DappsAtlas 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
Related guides
Blockchain
Blast Layer 2 Guide for 2026: What It Is and How to Use ItBlast is an Ethereum layer-2 network that pays native yield on ETH and stablecoin deposits. This guide covers how it works, how to bridge onto it, what its airdrop left behind, and the risks to weigh before depositing.
DeFi
Do Feudalz Whales Trade Derivatives? A 2026 ExplainerLarge holders of crypto assets often use futures, perpetuals and options to hedge risk or take leveraged positions. This guide explains what those instruments are, why big wallets use them, how to read derivatives data without copying trades, and where the risks sit.
Blockchain
How to Bridge ETH to Blast and Earn Points in 2026Blast's bridge and points program are now a historical case, and the official recovery page should be your first stop. This guide explains how bridging ETH to Blast worked, how points were earned, and how to check safely whether any action is still open to you.
DeFi
Position Exchange Explained: BNB Chain Derivatives in 2026Position Exchange is a BNB Chain protocol for on-chain derivatives and related DeFi tools. This guide explains how such perpetual trading works, what the public information shows, and how to check current facts and risks before you use it.
Blockchain
Radix and Scrypto: How Yield Derivatives Are Built in 2026Yield derivatives pay out based on the yield of an underlying asset, and Radix with its Scrypto language offers a resource-oriented way to model them. This guide explains the instruments, the design challenges, and what to verify before building.
Blockchain
Blast Layer 2 Guide for 2026: Yield, Bridging and RisksBlast is an Ethereum layer 2 network that pays native yield on deposited ETH and its USDB stablecoin, and it grew through a points-based rewards program. This guide explains how the chain works, how to bridge onto it, what its rewards history means now, and what to check before you use it.
Frequently asked questions
What is the largest derivatives dApp on Blast by TVL?
SynFutures V3 is the largest derivatives dApp on Blast by total value locked, with $2.09M across all the chains it supports. It is followed by Wasabi Perps ($430K) and Derive V2 ($295K). TVL figures come from DefiLlama and change daily.
Which derivatives dApp on Blast has the highest DappsAtlas score?
SynFutures V3 has the highest score at 6.8/10, ahead of Derive V2 (6.4) and Wasabi Perps (4.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many derivatives dApps on Blast has DappsAtlas reviewed?
DappsAtlas tracks 8 derivatives dApps on Blast. Of these, 8 have a full review and 4 report value locked, $2.83M in total, counting value on every chain they support.
Which derivatives dApps on Blast grew the most this week?
Among derivatives dApps with at least $1M locked, . Combined TVL moved −9.5% over the same seven days.
What is the average score for derivatives dApps on Blast?
The 4 rated derivatives dApps on Blast average 5.4 out of 10. Of these, 0 score 8 or higher and 2 score below 5.