The top DOV projects, ranked by prominence — TVL, market cap, funding, and on-chain activity.

Thetanuts Finance
On-chain altcoin options with yield

Thetanuts Finance
On-chain altcoin options with yield

Ribbon Finance
Crypto structured products for better risk-return

Harmonix Finance
Automated yield vaults for max gains with min risk.

Dual Finance
---

katana
Sustainable yield from automated options on Solana

katana
Sustainable yield from automated options on Solana

Stryke
Decentralized options protocol

Hermetica
Bitcoin-native synthetic dollar

D2.finance
On-chain multi-strategy hedge fund

Friktion
Full-stack portfolio and risk management platform

Friktion
Full-stack portfolio and risk management platform

TYMIO
Decentralized Structured Products Protocol

SHIELD PROTOCOL
Decentralized derivatives protocol

Dirac Finance
Institutional Grade Decentralized Options Vault

SuperHedge
DeFi options vault

Structure Finance
Platform for structured financial product

Structure Finance
Platform for structured financial product

AlgoRai
DeFi structured products

dVOL.Finance
DeFi asset manager

Yieldfusion
DeFi structured products platform

Knox Finance
DeFi Option Vaults with built-in risk tooling

Spin
Decentralized trading platform on NEAR

Tap Finance

Syrupal Protocol
On-chain Options System