What is Adrena?
A peer-to-pool perpetuals DEX with 100x leverage and 100% revenue share to token holders.
Last updated
A peer-to-pool perpetuals DEX with 100x leverage and 100% revenue share to token holders.
Last updated
Adrena is a decentralized and open source spot and perpetual exchange built on Solana with low swap fees and ZERO price impact trades.
The dapp is permissionless, meaning anyone can trade directly from their own wallet unlike most perp dexs which require you to create an account and deposit assets. (see Trading)
Trading is supported by a multi-asset pool that earns liquidity providers fees from lending to traders, swap fees, and additonal token incentives (see ).
The application is supported by a 2-token model; (governance token) and (LP token). $ADX gives users voting rights to control the platform through the Adrena DAO. $ADX also participates in 20% revenue share of the platform. $ALP is the representation of the multi-asset pool and earns 70% of the platform revenue. (see and )
Dynamic pricing is supported by Pyth Oracles and soon Chaos Labs using pull model (update in April 2025). Automation is handled by our open source rust Keepers based on Yellowstone GRPC.