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Adrena
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About Adrena

Adrena is a decentralized perpetuals trading protocol built on Solana, offering leveraged long and short positions of up to 100x on assets such as SOL, BTC, and ETH. The protocol operates a two-token model adapted from GMX, with ALP serving as the liquidity pool token and ADX as the governance and fee-sharing token; 100% of platform fees are redistributed to token holders and stakers. Trades are executed on-chain with oracle-based price execution, no spread, and near-zero gas fees, targeting self-custody traders who want CEX-like speed without centralized counterparty risk. The protocol is DAO-governed via ADX, with an open-source codebase and on-chain program, positioning it as a community-owned DeFi trading venue on Solana.

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Website
adrena.xyz
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