Best of · Base · Updated
The best Options dApps on Base in 2026
We track 9 Options dApps that run on Base and have reviewed 8 of them in full. Our top pick is Stryke CLAMM. Each one is scored on security, ease of use, fees and features.
Ranked list
- 1
Stryke CLAMM
Options · Arbitrum, Robinhood Chain, Sonic +3
Stryke CLAMM is an on-chain options protocol that sells options against concentrated liquidity positions. It is an evolution of Dopex, but its current TVL is small and no audits are listed.
ScoreScore 6.2 out of 10TVL $176K+0.7% - 2
Thetanuts Finance
Options · Ethereum, Base, Robinhood Chain +11
Thetanuts Finance is a multi-chain on-chain options protocol, listed since late 2021 and originally focused on altcoin options. Its current TVL of roughly $227,000 is small, so liquidity is the main thing to check.
ScoreScore 6.0 out of 10TVL $220K−1.9% - 3
Deri V4
Options · Linea, BNB Chain, zkSync Era +9
Deri V4 is a decentralized derivatives protocol that offers gas-free everlasting options, meaning calls and puts with no expiry date. It is a niche product for experienced traders, and no audits are listed for it.
ScoreScore 5.8 out of 10TVL $7.16M−1.6% - 4
BaseVol
Options · Base
BaseVol is an options protocol on Base that offers zero-day options trading and automated vaults, including an AI-driven agent called A.T.M. It is early and small by TVL, so it suits experienced users who accept high risk.
ScoreScore 5.8 out of 10TVL $33.8K+0.1% - 5
CallPut
Options · Base
CallPut is a non-custodial options protocol on Base that offers synthetic stock, ETF, BTC and ETH options around the clock. It is new and small, with no listed audits, so it suits experienced traders who accept the risk.
ScoreScore 5.5 out of 10TVL $184K−0.1% - 6
GammaSwap Open Interest
Options · Arbitrum, Base, Ethereum
GammaSwap Open Interest lets traders take perpetual-options exposure funded by DEX-style liquidity, and its homepage now features short-term up or down markets. Its TVL is small, so treat it as a niche, higher-risk product.
ScoreScore 5.2 out of 10TVL $44.0K−3.6% - 7
Oddz
Options · Avalanche, BNB Chain, Base +1
Oddz is a multi-chain derivatives front end that routes perps and options trades across other venues. Its on-chain TVL is small and its roadmap has not been visibly updated since 2024.
ScoreScore 5.0 out of 10TVL $59.2K+0.0% - 8
Flat Money V1
Options · Base
Flat Money V1 is a Base-based protocol that lets users provide liquidity to everlasting options and earn funding and premium income. Its public information is limited and partly inconsistent, so it suits readers who are comfortable with derivatives risk and want to check the details first.
ScoreScore 3.5 out of 10TVL $10+0.5% - 9
Pokpok Protocol
Options · Base
PokPok Protocol is described as a gamified options-trading platform that uses virtual chicken farming to simulate trading. Its current availability, mechanics, and risk controls are unclear, so users should verify the product before interacting with it.
ScoreNot rated yetTVL —
Options dApps on Base: the numbers
- Tracked
- 9
- Reviewed
- 9
- Total TVL
- $7.87M
- Avg. score
- 5.4/10
There are 9 options dApps on Base in the DappsAtlas index. Every one of them has a full review. The 8 that report TVL hold $7.87M between them, counting value on every chain they support. Deri V4 dominates, with 91% of that total. The top five account for 99%, while the median options dApp holds $59.2K.
By value locked, the largest options dApps on Base are Deri V4 ($7.16M), Thetanuts Finance ($220K) and CallPut ($184K). The best-rated is Stryke CLAMM with 6.2/10, followed by Thetanuts Finance (6.0) and Deri V4 (5.8). The 8 rated options dApps average 5.4/10, and none scores 8 or above yet.
Beyond Base, these options dApps most often also run on Arbitrum (5), BNB Chain (3) and Robinhood Chain (2). All 7 with a confirmed status are active. In the past week, total value locked fell 1.5%.
Largest by TVL
- 1
Deri V4$7.16M
- 2
Thetanuts Finance$220K
- 3
CallPut$184K
- 4
Stryke CLAMM$176K
- 5
Oddz$59.2K
Highest rated
- 1
Stryke CLAMM6.2
- 2
Thetanuts Finance6.0
- 3
Deri V45.8
- 4
BaseVol5.8
- 5
CallPut5.5
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
DeFi
How Coinbase Staking Works in 2026Coinbase staking lets eligible customers delegate supported crypto through a custodial account and receive network rewards, less any applicable Coinbase commission. Learn how to start, what affects rewards, how unstaking works, and the risks to weigh first.
DeFi
BloctoSwap on Flow: Review, Shutdown Status and DeFi OptionsBloctoSwap was the first automated market maker on the Flow network, and it closed alongside the Blocto wallet in December 2025. This guide explains how it worked, what the shutdown means for anyone who used it, and how to evaluate DeFi options on Flow today.
DeFi
Clash of Coins on Ethereum: How the Base Launch Works in 2026Clash of Coins is a free-to-play real-time strategy game connected to Base, an Ethereum layer-2 network. This explainer covers how the game links to Ethereum, how seasons and tokens work, and how to check current facts before you take part.
DeFi
Coinbase and SushiSwap: What the Listing Means in 2026A large US exchange listing brought SushiSwap back into the spotlight, but the protocol's launch history and founder controversy still shape how it is judged. This guide explains what the Coinbase connection does and does not mean, and how to check the current facts yourself.
DeFi
Coinbase Effect and DEX Volume Spikes: What Drives Them in 2026The Coinbase effect is a real pattern around token listings, but the sources do not show that it reliably drives DEX volume spikes. This guide explains what the term means, what moves DEX volume, and how to check the data yourself before drawing conclusions.
Blockchain
Football Fun 2M Fees on Base: How to Check the ClaimA claim that a football-themed app collected about 2M in fees during its first month on Base is easy to repeat and hard to confirm. This guide explains what such a figure could mean and how to check it yourself.
Frequently asked questions
What is the largest options dApp on Base by TVL?
Deri V4 is the largest options dApp on Base by total value locked, with $7.16M across all the chains it supports. It is followed by Thetanuts Finance ($220K) and CallPut ($184K). TVL figures come from DefiLlama and change daily.
Which options dApp on Base has the highest DappsAtlas score?
Stryke CLAMM has the highest score at 6.2/10, ahead of Thetanuts Finance (6.0) and Deri V4 (5.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many options dApps on Base has DappsAtlas reviewed?
DappsAtlas tracks 9 options dApps on Base. Of these, 9 have a full review and 8 report value locked, $7.87M in total, counting value on every chain they support.
Which options dApps on Base grew the most this week?
Among options dApps with at least $1M locked, . Combined TVL moved −1.5% over the same seven days.
What is the average score for options dApps on Base?
The 8 rated options dApps on Base average 5.4 out of 10. Of these, 0 score 8 or higher and 1 score below 5.