Derivatives Platforms rankings

5 reviews in Derivatives Platforms, highest score first.

1Hyperliquid review: on-chain perps that trade like a centralized order bookBest for active perpetuals traders who want to keep custody of collateral without giving up order-book execution8.1Free to use; trading fees from 0.015% makerDerivatives PlatformsRead reviewVisit site

2Deribit review: can a retail trader actually use it?Best for non-US traders who specifically need options exposure and can read an order book unaided7.6Options fees from 0.03% of underlyingDerivatives PlatformsRead reviewVisit site

3dYdX Review: Its Own Chain Against Hyperliquid's LiquidityBest for traders who prioritize a fully decentralized, self-custodied order book over the deepest liquidity6.5Free to use; trading fees from 0.01% maker, ~0.05% takerDerivatives PlatformsRead reviewVisit site

4Phemex review: can a mid-size futures exchange recover from a $73M hack?Best for experienced futures traders who already diversify custody across exchanges6.4Futures fees from 0.01% makerDerivatives PlatformsRead reviewVisit site

5BingX Review: Copy Trading Is the Product, Futures Is the RiskBest for traders who want futures exposure through a vetted copy trader rather than placing their own leveraged orders6.0Futures fees from 0.02% makerDerivatives PlatformsRead reviewVisit site