
What is Vela Exchange?
With heavy investment backing from the likes of Jade Protocol, Vela Exchange is one of the protocols at the forefront of trading in DeFi. It allows perpetual swapping and also grants its users a leverage option of 30x while they are trading any of their supported tokens. Its most distinguishing feature is a successful merge of both centralized exchanges and decentralized exchanges within a single platform.. The users have options such as setting buy-orders, stop-loss, and others on the decentralized exchange.
Web3 dapps and developer tools related to Vela Exchange
Discover blockchain applications that are frequently used with Vela Exchange.

Decentralized Indexes
Parcl enables you to invest in the price movements of the housing market around the world.

Decentralized Synthetics
Synthetify is a Solana-based platform that issues synthetic assets on-chain.

Decentralized Options
Optix is an altcoin option protocol - trade options on any crypto asset.
Resources and Guides about Decentralized Derivatives
Vela Exchange Alternatives
Explore web3 competitors and apps like Vela Exchange.

Decentralized Options
Foxify is a perpetuals and P2P options trading platform.

Decentralized Derivatives
Contango offers perps built via _looping_ on money markets.
+2

Decentralized Exchanges (DEXs)
Shade's Defi hub is a super-app for private defi, uniting all products in one simple Dapp.
