Trade at the speed of light with up to 100x leverage

Trade with us

TRADE FAST

Experience OPOS: Trades executed in milliseconds with near-zero gas fees. Enjoy the trading efficiency of a centralized exchange (CEX) with the resilience and reliability of a decentralized exchange (DEX).

TRADE BIG

x100

Go long and short with up to 100x Leverage, All while maintaining 100% self custody.

x10x20x30x40x50x60x70x80x90x100

BEST PRICE EXECUTION

No spread, no slippage. The oracle price is your entry price.

FAIR ACCESS

Trades are between you and the community owned on-chain program. There is no keeper. Compete fairly for access through Solana's embedded priority fee system.

Our 2-token model

Adrena makes several improvements on the 2-token model pioneered by GMX, including distributing 100% of revenue and optimizing the long term alignment of liquidity providers, token holders, and traders. Revenue distribution: 70% to ALP holders and stakers, 20% to ADX stakers, and 10% to buy back ADX on the open market.

The Pool Token

aka

ALP

In exchange for depositing their assets into the protocol liquidity pool, collateral providers receive ALP, a share of the liquidity pool.

ALP gains value from platform fees paid to the Adrena liquidity pool, and from appreciation in pool assets.

When staked, ALP receives bonus USDC yield and bonus ADX rewards, depending on the duration locked.

The Gov Token

aka

ADX

ADX votes in Adrena governance and gets a share of USDC yield from platform fees.

When staked, ADX receives bonus USDC yield, bonus ADX rewards, and governance multipliers, depending on the duration locked.

Community First

Adrena was born out of a singular goal: a DeFi platform owned and operated by the people, centered on a powerful token imbued with governance and economic utility.

Starting with perpetuals, Adrena's vision is to be the DeFi platform that anyone can use, own, and build on.

Concrete steps include:

100% of fee revenue distributed back to the community.

On-chain program governed by the DAO with ADX.

Open source codebase.

Wide ADX token distribution, liquid ADX emissions.

Transparent.