The Most Advanced Perpetuals DEX.

Trade perpetual futures and perpetual options

Perpetual volatility indices and perpetual variance swaps coming soon.

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Join 6,000+ traders already trading on Everstrike

Welcome to the home of DeFi perpetuals

4 perpetual derivatives types. 32 underliers. 108 perpetual markets. The most complete perpetual derivatives offering in DeFi.

Perpetual Options

Perpetual Volatility Indices

Perpetual Variance Swaps

Perpetual Futures

Perpetual Options

Trade perpetual futures and perpetual options from one unified interface.

Demo Trading

Practice perpetual derivatives trading with a $20,000 starting balance on Everstrike Testnet. No account or wallet needed.

Try It Now

Practice your perpetual derivatives trading strategies before going live.

Perpetual Options

Dive into an entire new world of perpetuals trading - powered by the hottest new derivative in crypto - the perpetual option. Exclusively available on Everstrike.

Dave White

Paradigm Research

"Because the strike of a floating-strike perpetual ETH option would automatically follow the price of ETH, it is possible that a single such product could fulfill the hedging requirements of the majority of ETH holders. This could potentially consolidate much of ETH options liquidity and volume into a single market."

Markos Petrochelios

Tortoise Capital

"The Perpetual Option may not be suitable for all purposes, nothing really is, but it is brilliant in what it does, which is to provide gamma exposure continuously over time. By being effectively a 1-day option it has maximum gamma."

Samneet Chepal

Ledger Prime

"The benefit of maintaining perpetual options exposure without the need for constant expiration monitoring is a significant advantage which cannot be understated. Perhaps most importantly, with perpetual options at least option market-makers can also look forward to Friday just like everyone else."

Shanav K Mehta

Ledger Prime

"In addition to decentralized futures, options and structured products, we are excited to continue seeing innovative crypto native products like perpetual options get developed in the sandbox."

Choose your trading environment

Everstrike has multiple trading environments. One for practice trading, one for live trading. Choose the one that suits you best.

Live Trading

Trade with real money.

Mainnet

Coming Soon

Live trading account
Wallet needed
Email needed
Risk involved
Access to all markets

Live Trading

Trade with real money.

Mainnet

Try It Now

Live trading account
Wallet needed
Email needed
Risk involved
Access to all markets
Trade with real money

Practice Trading

Trade with test money.

Testnet

Coming Soon

$20,000 demo account
No wallet needed
No email needed
Risk free trading
Access to all markets

Practice Trading

Trade with test money.

Testnet

Try It Now

$20,000 demo account
No wallet needed
No email needed
Risk free trading
Access to all markets
Trade with test money

Bot Trading

Trade with bots.

Devnet

Coming Soon

Bot trading account
Wallet needed
API token needed
Risk involved
Access to all markets

Bot Trading

Trade with bots.

Devnet

Try It Now

Bot trading account
Wallet needed
API token needed
Risk involved
Access to all markets
Trade with bots

Frequently asked questions

Everything you need to know

What can I trade on Everstrike?

Perpetual futures, perpetual options and spot. Perpetual volatility indices and perpetual variance swaps coming later this year.

Is Everstrike orderbook-based?

Yes. Everstrike is a hybrid DEX with an off-chain orderbook and on-chain custody/settlement.

Read more about Everstrike's technical architecture here.

Is Everstrike live?

Yes. The Everstrike Mainnet went live in March 2025. Access it here.

We recommend trying out Everstrike in demo mode prior to depositing any funds on the Mainnet.

What can I do on the testnet?

Test and practice new trading strategies.

Are the funds I receive on the testnet real?

No. The 20k USD you receive in your testnet account are for demo purposes only.

Why should I trade on Everstrike instead of on other perpetuals DEX's, such as dYdX?

dYdX only supports one type of perpetual derivative (perpetual futures). Everstrike supports multiple types of perpetual derivatives (perpetual futures, perpetual options, perpetual volatility indices, perpetual variance swaps).

Read why it's important to have access to multiple types of perpetual derivatives here.

Still have questions?

Can’t find the answer you’re looking for? Have a look at our docs.

Docs