Adrena Protocol
Adrena is an open-source perpetuals and spot DEX on Solana that lets traders open long or short positions with up to 100x leverage at oracle-priced execution.
What is Adrena Protocol?
Adrena is a perpetuals and spot DEX on Solana built around a pool-based liquidity model similar to GMX. Traders open long or short positions with up to 100x leverage at oracle prices with no spread or slippage, while collateral providers deposit assets to receive ALP, a share of the liquidity pool that earns 70% of platform fees. ADX stakers collect another 20% of fees in USDC and control protocol governance; the remaining 10% buys back ADX on the open market.
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Adrena Protocol alternatives
Explore web3 competitors and apps like Adrena Protocol.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
