Trade Perpetual. Options.

Trade options like you trade perps

Trade options without having to worry about expiration. Keep your options positions open for as long as you want.

Join 15,000+ traders already trading on Everstrike

Trade, Perpetually

Trade perpetual options and perpetual futures from one unified platform.
Get continuous delta, gamma and vega exposure, while remaining in control of your own funds.

120 Perpetual Markets
Self-Custodial
Complex Strategies
Gas Free Trading
120 Perpetual Markets
Trade options in the same way as you trade perpetual futures.

Demo Trading

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

Practice your perpetual options strategies before going live.

What the experts are saying

The perpetual option was invented in 2021 by Dave White.
Here's what the experts are saying about it.

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.

Bot Trading
Trade with bots.
Devnet
  • Live trading account
  • Wallet needed
  • API token needed
  • Risk involved
  • Access to all markets
Bot Trading
Trade with bots.
Devnet
  • Live trading account
  • Wallet needed
  • API token needed
  • Risk involved
  • Access to all markets
  • Trade with bots
Live Trading
Trade with real money.
Mainnet
  • Live trading account
  • Wallet needed
  • Email needed
  • Risk involved
  • Access to all markets
Live Trading
Trade with real money.
Mainnet
  • Live trading account
  • Wallet needed
  • Email needed
  • Risk involved
  • Access to all markets
  • Trade with real money
Practice Trading
Trade with test money.
Testnet
  • $20,000 demo account
  • No wallet needed
  • No email needed
  • Risk free trading
  • Access to all markets
Practice Trading
Trade with test money.
Testnet
  • $20,000 demo account
  • No wallet needed
  • No email needed
  • Risk free trading
  • Access to all markets

Frequently asked questions

Everything you need to know

What can I trade on Everstrike?
Perpetual options, perpetual futures and spot.
Is Everstrike orderbook-based?
Yes. Everstrike is a hybrid DEX with an off-chain orderbook and on-chain custody/settlement.
Is Everstrike live?
The Everstrike Testnet went live in February 2023. The Mainnet is not live yet.
When mainnet?
There is no official launch date for the Mainnet yet.
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.
Still have questions?

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

Trade perpetual crypto options.

The Everstrike Testnet is waiting for you. Get in there, and climb the rankings. No email or wallet needed.