Strike HQ
Strike Finance itself, how a first visit goes, and the platform's headline figures.
Strike Finance
A perpetuals exchange with its own execution layer and settlement on several chains. Strike V1 launched on Cardano in May 2025; V2 moved to a central limit order book.
- Matching, positions, liquidations and funding run on the Strike Node.
- Deposits sit in on-chain locker contracts, with validators signing deposits and withdrawals.
- There's a mobile app, a full API for bots and tools, and fiat on and off ramps.
- The Open Strike button uses Ben Ryan's referral code.
Live on the pad: Users, all time, Volume, all time, 24 h volume
Read the guide: What is Strike? A plain-English guide to the exchange
Drive there Docs: Welcome Open Strike
Getting started
A first visit, from sign-in to a funded account. Sign in with a wallet on Cardano, Ethereum, Solana and more; deposit crypto on any supported chain or pay by card; your balance is held in USD.
- Two ways to fund it (checked in the app on 3 November 2026): send crypto from a Cardano, Ethereum, Solana, Base, Arbitrum or Bitcoin wallet, or pay by card up to $50,000 (Visa or Mastercard). Bank transfer is marked coming soon.
- Every deposit is quoted and verified by Strike's validators, and a volatile asset such as ADA or ETH is swapped to a stablecoin on the way in, so the account is backed one to one in USD.
- Withdrawals need your wallet's signature and a margin check before validators release funds on chain. There's a mobile app and a full API as well.
- The Open Strike button uses Ben Ryan's referral code.
Read the guide: Your first trade on Strike: fund, buy, set a stop, close
Drive there Docs: Deposits & Withdrawals Open Strike
Perpetuals & Trading
Trading on Strike: the markets, the matching engine, orders, margin, liquidations and the bots. Drive to this district
Perpetuals
Perpetual futures: go long or short with leverage, and no expiry date to roll. Strike lists crypto, US and Asian stocks, indices, gold, silver and oil.
- Every market has its own leverage limit, which falls as a position gets bigger (margin tiers).
- Funding is paid between longs and shorts to keep the price close to the index.
Live on the pad: Markets trading, Max leverage, 24 h volume
Read the guide: What is a perp? Perpetual futures explained in plain English
Read the guide: Long, short and leverage: what 2x, 10x and 20x really mean
Drive there Docs: Margin tiers
Strike Node
Strike's own execution layer. Orders are matched off the base chain so trading can be fast, while deposits stay in on-chain locker contracts.
- Execution happens on the Strike network; settlement and custody stay on the chain.
- Every order gets a sequence number, so all nodes process orders in the same order.
Drive there Docs: Strike Node
Markets
Strike lists USD-settled perpetuals in four groups: crypto (BTC, ETH, SOL, ADA, XRP and more), US and Asian stocks (NVDA, TSLA, GOOGL, COIN, SK Hynix), indices (S&P 500, Nasdaq 100) and commodities (gold, silver, WTI oil). Examples as listed on 3 November 2026.
- Every market has its own leverage limit, margin tiers, tick size and minimum order, all published by Strike's public markets endpoint, and the list grows as Strike adds markets.
- The live figure on this pad is the number of markets in trading status, read from Strike's public markets endpoint.
Live on the pad: Markets trading
Drive there Docs: Exchange Info See the markets
Order types and fees
Market, limit, stop market, stop limit, take profit and stop loss, trailing stop, scale, TWAP and grid, matched by price then time. Fees are tiered on your rolling 30-day volume.
- Tier 0 (under $100K in 30 days) pays 0.050% as taker and earns a 0.005% maker rebate; tiers recalculate daily at 00:05 UTC, and more volume lowers the taker fee.
- Staked STRIKE unlocks discounts of 5% to 40% on positive fees, from 5,000 STRIKE up. Rebates are unchanged.
- TWAP, grid, trailing stop, scale and RFQ each have their own pad in this plaza.
Drive there Docs: Order Types Docs: Trading Fees
Strike RFQ
For orders too big for the visible order book. Market makers (Quoters) look across venues like Binance and Hyperliquid and compete to bring that depth onto Strike's book.
- Strike may suggest RFQ when a market order is large or its estimated slippage is high.
- Orders still execute on Strike's normal order book. It isn't a liquidity guarantee.
Drive there Docs: Strike RFQ
Margin Modes
Choose per market. Cross margin shares your whole balance across positions; isolated margin ring-fences one position so a loss there can't touch the rest.
- Cross is the default and more capital efficient, but one bad trade can drain shared margin.
- You can run cross on one market and isolated on another at the same time.
Drive there Docs: Margin modes
Liquidations
Staged, not all at once. An account that falls short of margin is first reduced in parts on the public order book; the insurance fund and auto-deleveraging are the last resort.
- The aim is to keep as much of the position open as the margin allows.
- Liquidations carry a fee; the docs cover the full lifecycle.
Live on the pad: Liquidated, all time
Read the guide: Liquidation, and how to avoid it: a plain-English guide
Drive there Docs: Liquidations
Sub-accounts
Separate trading accounts under one master account, each with its own balance, positions and risk. Useful for keeping strategies, hedges or tests apart.
- Balances and risk are not combined, so a liquidation in one doesn't reach the others.
- Move funds between the master account and its sub-accounts at any time.
Drive there Docs: Sub-accounts
Pair trading
The Pair Trading Terminal is a mode of the trade page, with no docs page of its own: one or more long legs against one or more short legs, sized by a split, with the basket's weighted ratio charted. As seen in the app on 3 November 2026.
- Open it from the Carry Scanner's Trade button or a trade URL that names the long and short markets; Create Position places every leg.
- Each leg is an ordinary market order placed one after another. Strike's own Carry Scanner says it: if one leg fails you hold an unhedged position.
- The chart tabs show the basket's weighted ratio, performance and funding, and each leg's own market.
Drive there Pair Trading Terminal in the app
TWAP Bot
Splits one large order into many small ones over a time you choose, to soften the price impact of a single big market order.
- If it falls behind, later slices grow to catch up, within a cap.
- Best effort: no guarantee of a full fill or a set average price.
Drive there Docs: TWAP
Trailing Stop
A stop that follows the price while a trade goes your way, then closes the position if price turns back by the percentage you set.
- On a long it tracks the highest price; on a short, the lowest.
- It only ever moves in your favour.
Drive there Docs: Trailing stop
Grid Bot
Places a ladder of orders across a price range and tries to buy low and sell higher as price moves through it. Long, neutral or short.
- Works best when price chops sideways inside the range.
- A strong trend out of the range is where it struggles.
Drive there Docs: Grid
Scale Orders
Splits one order into a ladder of up to 100 limit orders across a price range you set, instead of one order at one price.
- Choose where the ladder starts and ends; Size Skew puts more of the size toward either end.
- Live since 31 October 2026 (announced in the app); not in Strike's docs yet, so the link goes to the order types page.
Drive there Docs: Order types
Funding Comparison
Two pages in the app's Tools menu, with no docs page of their own. Funding Comparison lays Strike's hourly funding on every market beside Binance, Bybit, OKX, Hyperliquid, Lighter, Extended and Variational; the Carry Scanner ranks long/short pairs on Strike by funding carry against spread risk. As seen on 3 November 2026.
- Funding Comparison shows each venue's rate and its gap to Strike's, with a Show Arb only filter for the markets where the gap is widest.
- The Carry Scanner builds candidates from 30 days of hourly bars, sized by beta, with correlation, spread volatility and break-even days for each pair.
- The app's own caveat: funding carry is a live snapshot and moves with the market, and correlation measured from past data can break down.
Drive there Funding Comparison in the app Carry Scanner in the app
Funding rates
Funding keeps a perpetual's price near its index by moving money between longs and shorts, every hour on the hour UTC. It is paid trader to trader; Strike keeps none of it.
- Rates are quoted on an 8-hour basis and one eighth is paid each hour. Positive means longs pay shorts; negative, shorts pay longs.
- The windsocks on the road in show Strike's rate per 8 hours on each sock, with Bybit, Binance and Hyperliquid in the row behind.
- By default a crypto market carries a 0.01% 8-hour interest rate, while stocks, indices and commodities use a 0.05% dampener band instead; a market can run on different limits. Every rate is capped at 4% per 8 hours either way.
Drive there Docs: Funding Rates
Earn & Vaults
The vaults, Borrow and Earn, copy trading, points and the LP program. Drive to this district
The SLP Engine
The plaza's engine runs on the SLP vault's own trades. New fills land as sparks on the flywheel, which spins faster the more the vault fills; the tank is the vault's size, and the gauges are the user vaults.
- Strike's Liquidity Provider vault quotes bids and asks across the markets, so it fills often: around a thousand fills an hour on 3 November 2026, across dozens of symbols, more or less as the markets move.
- One glowing ring round the base for each position the vault has open (up to 72); the tank's level is the vault's size against the highest seen while you have been here.
- The three gauges show the user vaults by size. Figures are read from Strike's public API every 30 seconds; fills every 10.
Live on the pad: SLP fills, last hour, SLP open positions, SLP vault size, User vaults by size
Drive there Vaults on Strike Docs: SLP Vault
SLP Vault
The Strike Liquidity Provider (SLP) is Strike's own market-making vault. Depositors hold shares in one shared pool that quotes the order books, so results depend on trading, funding and fees.
- It places bids and asks across supported markets and also receives eligible liquidation backstop positions.
- SLP is the only vault that Borrow and Earn credit can be drawn into, and its vault fee is 0%.
Live on the pad: SLP vault size, SLP depositors
Drive there Docs: SLP Vault
Insurance Fund
The old Insurance Fund role now belongs to the SLP vault. It receives eligible liquidation backstop positions and adaptive liquidation fees.
- If a liquidation still needs backstop handling, the engine tries to pass it to SLP. If SLP declines it, auto-deleveraging applies.
- SLP can reduce how often ADL happens, but cannot guarantee every position is accepted.
Drive there Docs: Insurance Fund
Borrow & Earn
Keep a supported asset as collateral and borrow USD that goes straight into the SLP vault. You hold your collateral's price exposure and SLP shares at the same time.
- Draws accrue no borrowing interest, but the USD cannot be withdrawn as cash. It only buys SLP shares.
- Accepted collateral includes ADA, sUSDrf, Aave aUSDC and a SundaeSwap LP token; the app shows the current list.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn
User Vaults
Any trader can open a vault, trade it with depositors' pooled money and earn a commission on profits. Depositors share gains and losses in proportion to their shares.
- Creating one costs 100 USDC, the default leader commission is 10% of profits, and the leader must keep at least 5% of shares.
- Withdrawals are requested, then released after a lockup (default 1 day); the default minimum deposit is $100.
Live on the pad: User vaults
Drive there Docs: Vaults
Protocol Vaults
Protocol vaults are created by Strike administrators for official strategies. They have no creation fee, no leader commission, and are verified automatically.
- Strike admins can create more than one, and each runs in its own isolated trading account.
- SLP is the live example: the vault API lists it as a verified protocol vault with 0 commission.
Drive there Docs: Vaults
Copy Trading
Mirror a lead trader on your own Strike account. Pick a Hyperliquid wallet or a Strike trader, choose how trades are sized, and Strike places matching orders when the lead fills.
- Copies are same-side market orders for executed fills only; Hyperliquid copies usually land within seconds.
- Two sizing modes: fixed ratio of the lead's account, or a fixed margin per entry. Copying starts when you subscribe.
Live on the pad: Allocated to copies, Copy open interest
Drive there Docs: Copy Trading
Points
Deposit into the SLP vault to earn points each day. At the end of a season, points convert into STRIKE paid on Cardano.
- Each UTC day a fixed pool of points is split between depositors by their time-weighted average deposit. No claim step.
- Points follow the amount deposited, not vault profit or loss. Shares queued for withdrawal and Borrow & Earn deposits do not count.
Drive there Docs: Points
LP Program
The Strike LP Vault Liquidity Program invites users to put ADA or USDM into the SLP vault, so their capital helps power market making across Strike's active trading pairs.
- Fund your Strike account with ADA or USDM, then deposit into the SLP vault from the vault section of the app.
- Deposits join the same shared pool that quotes markets continuously and manages positions across the platform.
Drive there Docs: LP Program
Collateral & Stablecoins
What you can deposit, and what you can borrow against. Drive to this district
The Collateral Stacks
One coin stack for each asset Strike's Borrow and Earn accepts as collateral, as tall as the value held, with a ring round the stack for every open credit line against it. Five assets on 3 November 2026.
- Height runs on a log scale so a small stack still shows: a thousand dollars held is a fifth of full height and a million is full. enzoBTC and sUSDrf carried most of the value on 3 November 2026; ADA carried most of the lines.
- An asset the API lists is a stack even when little is held against it yet; USDM and USDC are what you borrow, not what you post, so they have no stack.
- Figures are read from Strike's public API every 30 seconds: units held and open lines per asset, the units valued as Strike values them.
Live on the pad: Collateral assets, Collateral held by asset, Open credit lines by asset, Open credit lines
Drive there Docs: Credit API Borrow and Earn
USDM
USDM is a stablecoin Strike uses on Cardano. Volatile deposits like ADA are swapped into a stablecoin such as USDM before settlement, and staking rewards are paid out in USDM.
- Deposits that are already stablecoins skip the swap and go straight to the on-chain locker contract.
- Revenue-share rewards land in your Strike account as USDM and can be withdrawn.
Drive there Docs: Exchanger
USDC
USDC is a dollar stablecoin that can be deposited to Strike from Ethereum or Solana. Strike accounts are valued in USD, and stablecoin deposits need no swap.
- Strike's builder guide lists USDC deposits on both Ethereum and Solana, with a $5 minimum deposit.
- Withdrawals have rolling 1 hour and 24 hour limits, set per asset such as USDC and across all assets together.
Drive there Docs: Deposits & Withdrawals
ADA
ADA is Cardano's native coin. On Strike it can be deposited and swapped into a USD balance, or kept as ADA to back a Borrow & Earn credit line.
- A collateral deposit keeps your ADA as ADA. A balance deposit exchanges it for spendable USD instead.
- Collateral ADA is not staked and earns nothing by itself, but you keep its price exposure.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn
USDCx/USDM LP
A SundaeSwap liquidity-pool token for the USDCx/USDM pair. Strike accepts it as Borrow & Earn collateral, and it represents a share of that pool.
- Trading fees paid into the pool add to the reserves behind each token, so it grows in value on its own.
- It has its own credit line, with its own collateral and debt, separate from lines backed by other assets.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn
aUSDC
Aave V3 aUSDC on Ethereum is a receipt token for USDC supplied to Aave's lending market. Strike accepts it as Borrow & Earn collateral, deposited from an Ethereum wallet.
- Supply interest from the lending market builds up in the token, so each token is worth more over time.
- Strike prices it per scaled unit, which already includes Aave's liquidity index.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn
USDrf / sUSDrf
USDrf is a stablecoin from RealFi, and sUSDrf is its staked form. Strike accepts sUSDrf as Borrow & Earn collateral, and each token redeems for more USDrf over time.
- On Strike, sUSDrf is held in custody on Cardano while it backs a credit line, and its growth shows as a rising token price.
- Strike's API labels it 'RealFi staked USDrf'. Getting sUSDrf is done through RealFi's own app and terms.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn
enzoBTC
enzoBTC is a bitcoin-backed token from Lorenzo Protocol. Strike accepts it as Borrow & Earn collateral, deposited from an Ethereum wallet; the borrowed USD goes only into the SLP vault.
- Strike's credit settings list it as collateral with Ethereum custody and 8 decimal places.
- It sits on its own credit line, so it neither backs nor is backed by lines opened with other collateral.
- On 2 November 2026 Strike announced $200,000 of BTC supplied to Strike as enzoBTC, with full details to follow; the live figure on this pad counts the open enzoBTC lines.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn
Partners & Integrations
Protocols Strike works with, and the apps that plug Strike in. Drive to this district
RealFi
RealFi issues USDrf, a Cardano stablecoin backed by real-world credit. Its staked version, sUSDrf, is one of the assets Strike accepts as collateral for Borrow and Earn.
- sUSDrf is staked USDrf. Its value shows up as a rising USDrf-per-sUSDrf rate rather than a growing token count.
- On Strike, sUSDrf can back a credit line that buys shares in the SLP vault, while the sUSDrf stays in your custody.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn Visit RealFi
SundaeSwap
SundaeSwap is a Cardano decentralised exchange where people swap tokens and provide liquidity. Strike accepts its USDCx/USDM liquidity pool tokens as Borrow and Earn collateral.
- Holders of the USDCx/USDM LP token own a share of that pool, and trading fees paid into the pool add to the reserves behind each token.
- Strike's credit API lists it as LP_SUNDAE_USDCx_USDM, described as the SundaeSwap V4 USDCx/USDM LP token.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn Visit SundaeSwap
Aave V3
Aave is a lending protocol where people supply assets to earn interest and borrow against collateral. Strike accepts Aave V3 aUSDC on Ethereum as collateral for Borrow and Earn.
- aUSDC is the receipt token Aave gives you when you supply USDC.
- On Strike it can back a Borrow and Earn credit line while it stays supplied on Aave.
Live on the pad: Open credit lines
Drive there Docs: Borrow and Earn Visit Aave V3
Unifold
Unifold provides deposit infrastructure that lets apps accept crypto and stablecoin deposits from many chains. Strike's app uses it for its Transfer Crypto and card deposit options.
- Unifold's own page for perpetual exchanges describes cross-chain margin deposits, the use case Strike's deposit screen covers.
- Strike's app deposit flow includes a Transfer Crypto address and a card purchase option, both handled inside the Unifold widget.
Drive there Unifold for perps Visit Unifold
DEX Aggregators
A DEX aggregator routes one swap across many liquidity pools to find a good price. Strike uses one when a volatile deposit, such as ADA, has to be turned into a stablecoin.
- The swap is placed in a batching window; if it is not filled in time it is cancelled and resubmitted.
- The result is recorded as a deposit receipt, then the stablecoin is locked in Strike's on-chain locker contract.
- DexHunter is a Cardano swap aggregator: it compares prices across many exchanges, splits a swap between them, and has a STRIKE swap page at app.dexhunter.io. The docs don't say which aggregator Strike's own deposits go through.
Drive there Docs: Exchanger DexHunter
Hizz
Hizz is a multi-chain crypto terminal for token discovery, market signals, wallet monitoring and swaps. Since the hackathon it also trades Strike perpetuals from its own Perps tab, marked Powered by Strike.
- Connect a Cardano wallet, sign once to authorise Strike trading, then go long or short with Strike's chart, mark price and funding on the Hizz screen.
- Its token pages list STRIKE with Strike's website and @strikeperps as the links.
- It's an independent tool; Strike doesn't run it.
Drive there Strike perps on Hizz Visit Hizz
Lorenzo
Lorenzo Protocol issues enzoBTC, a bitcoin-backed token Strike takes as Borrow and Earn collateral. Strike's own ecosystem graphic (2 November 2026) lists Lorenzo as a partner for BTC liquidity and yield infrastructure.
- On 2 November 2026 Strike announced $200,000 of BTC supplied to Strike as enzoBTC, with full details to follow.
- enzoBTC is deposited from an Ethereum wallet and sits on its own credit line; the borrowed USD buys SLP vault shares only. Its own pad is in Collateral.
- It's an independent protocol; Strike doesn't run it.
Drive there Docs: Borrow and Earn Visit Lorenzo
Developers
The API, builder codes and market data, and the projects built on Strike. Drive to this district
Copilot Check
Paste a Hyperliquid wallet and see whether it's worth copying on Strike: how much of its profit is on markets Strike lists, the catches in its record, and how a copy would have done at your size.
- Paper Copy runs a trial with your own settings before you risk money.
- Built by Ben Ryan, who also made this map. Independent, not affiliated with Strike.
Drive there Open Copilot Check Visit Copilot Check
Copilot Watch
Telegram and Discord alerts for Strike copy traders: when a copy is close to liquidation, when the copied wallet has left a position your copy still holds, or when a trade wasn't copied.
- Runs as a Telegram bot and a Discord bot, with no install and no API key.
- Built by Ben Ryan, who also made this map. Independent, not affiliated with Strike.
Drive there Open in Telegram Visit Copilot Watch
Strike Copilot
Review your Strike copy-trading account, find traders worth copying and set copies up, by chatting with Claude on your own computer.
- Its API key is made on your own computer, and Strike API keys can't withdraw funds.
- Built by Ben Ryan, who also made this map. Independent, not affiliated with Strike.
Drive there Strike Copilot on GitHub
Strike tam-tam
Send a short message to any Strike trader as a Cardano NFT. Find them by Strike nickname, ADA Handle or wallet address, write up to 256 characters and your wallet mints it straight into theirs.
- Looks traders up through Strike's public API; the message itself is minted on Cardano, wallet to wallet, with no server holding it.
- Messages can be encrypted on-chain. The Strike version costs about the network fee and minimum ADA, around 1.6 ADA a message.
- By Mato, the maker of matotam.io. Submitted 31 Oct 2026 and checked against the live app.
- Third-party project, listed after a basic check. Not an endorsement: look into it before you connect a wallet or an API key.
Drive there Visit Strike tam-tam On X
Hizz
A multi-chain crypto terminal: token discovery, market signals, smart-wallet tracking and swaps on Cardano, with a Perps tab that trades Strike perpetuals from the Hizz screen.
- Connect a Cardano wallet and sign once to authorise Strike trading; the Perps tab is marked Powered by Strike and shows Strike's chart, mark price and funding. Checked 2 and 3 Nov 2026.
- Its signals and token pages cover Cardano first; the Strike token page links Strike's site and @strikeperps.
- Built by the Hizz team, who entered Strike's first hackathon in October 2026. Submitted 3 Nov 2026 and checked against the live app.
- Third-party project, listed after a basic check. Not an endorsement: look into it before you connect a wallet or an API key.
Drive there Visit Hizz On X
REST + WS API
Strike offers REST and WebSocket APIs for market data, trading, accounts, vaults, copy trading and platform stats. Trading uses signed requests from Ed25519 API wallets.
- API wallets can trade but cannot withdraw funds, and the private key never leaves your machine.
- Agent skills for the API install with npx strike-finance-skills install.
Drive there Docs: Getting Started
Builder Codes
Builder codes let a dApp send its users' trades to Strike and earn a fee on their fills. Fees are credited to the builder's balance and can be withdrawn at any time.
- Register in the Strike dashboard; the fee is set per order with an X-Builder-Fee-Bps header, capped at 100 bps (1%).
- Works for users on Ethereum, Solana and Cardano, and a reference repo on GitHub shows the full flow.
Drive there Docs: Builder Codes
Vault Leader API
Vault leaders who already trade by API can trade their vault with the same endpoints and keys by adding a vault_id field. Strike checks that you lead that vault first.
- No separate credentials are needed; find your vault_id with GET /v2/vaults filtered by your leader account id.
- Vault trades run on the vault's own isolated account, apart from your personal positions.
Drive there Docs: Vault Leader
L3 Market Data
L3 shows the public order book one order at a time, including each order's queue position at its price. It is public data and needs no authentication.
- L1 gives the best bid and ask, L2 adds up size per price, and L3 lists every visible resting order.
- It comes as a REST snapshot per symbol and a WebSocket stream.
Drive there Docs: L3
GitHub
Strike's code lives in the strike-finance GitHub organisation, linked from the Strike website and its Linktree.
- Public repos include perpetuals smart contracts, staking contracts, a builder reference app and API agent skills.
- The org also holds an Android app mirror and a linear vesting contract for the STRIKE token built by Anastasia Labs.
- The perpetuals contracts are written in Aiken, Cardano's smart-contract language, with liquidity, orders, positions and pool validators; their unit tests run with aiken check.
Drive there strike-finance org
Analytics & Discovery
Where Strike's numbers and listings live elsewhere. Drive to this district
The Chart Plinth
The plaza's plinth is Strike's last 30 days in bars: trading volume along the back row, protocol revenue along the front, one bar a day with today's lit. The counter on the front is the exchange all time.
- Each bar is one day's total across every market, read from Strike's public daily statistics once an hour; the tallest bar in a row is that row's busiest day, and today's bar grows through the day.
- Volume is the dollar value traded; revenue is what the protocol earned from it in fees. The two rows share their days, so a busy day stands tall in both.
- The counter shows volume and users since Strike opened. Figures come from Strike's public API: the daily series hourly, the counter every 30 seconds.
Live on the pad: Volume, last 30 days, Revenue, last 30 days, Volume, all time, Users, all time
Drive there Docs: Daily Statistics API Platform Dashboard API
DefiLlama
DefiLlama is an independent dashboard that tracks value locked and activity across DeFi protocols. It lists Strike under the name Strike Finance Perpetuals, in the Derivatives category.
- Its Strike page covers Cardano and Ethereum, and links to Strike's site and @strikeperps on X.
- Use it to see Strike's value locked and volume history from a source Strike does not run.
Drive there Strike on DefiLlama Visit DefiLlama
CoinGecko
CoinGecko is a crypto data site that lists tokens and exchanges. It has a page for the STRIKE token on Cardano and a separate listing for Strike Finance as a decentralised exchange.
- The STRIKE page (strike-2) shows the Cardano policy ID f13ac4d6…, matching Strike's own token.
- An older, unrelated Ethereum token also uses the name Strike, so check the policy ID.
Drive there STRIKE on CoinGecko Visit CoinGecko
BendingAI
BendingAI is Strike's own Cardano DeFi analytics site: AI insights and token tracking, including a verified record for the STRIKE token.
- Its token data includes Cardano holder counts and DEX liquidity for STRIKE.
- Owned by Strike, run alongside the exchange.
Drive there BendingAI home
Directories
Three Cardano directories list Strike, each run by someone other than Strike: cardano.org's Apps catalogue under DEX, CardanoCube under DeFi, and Adastack under Perpetuals and Staking.
- cardano.org describes a perpetual futures protocol with on-chain margin, beside Minswap, WingRiders and SundaeSwap; CardanoCube's profile carries a description, token details and team information.
- Adastack, open source under the MIT licence, lists both Strike Finance (perpetuals) and Strike Finance Staking (revenue-share staking) on its dApps page; CardanoCube files Strike under derivatives and investment management.
- cardano.org's catalogue and Adastack are open source, so anyone can send a correction through GitHub.
Drive there Strike on cardano.org Strike on CardanoCube
Token & Governance
The STRIKE token, staking and revenue share. Drive to this district
The Stake
A column of STRIKE that rises with how much is staked, a ring of lamps lit by how many stake it, and a plinth that counts the rewards building for the current period.
- The column's height is STRIKE staked against 30 million; 21.8 million was staked on 3 November 2026. The lamps light in proportion to active stakers.
- Rewards build from the end of the last distribution and are paid out every 15 days as USDM; the plinth shows the running total and the last payout with its dates.
- A drip runs when a new distribution appears. Figures come from Strike's public staking summary every 30 seconds.
Live on the pad: STRIKE staked, Active stakers, Rewards building this period, Last distribution, Distributions so far, Distributed all time
Drive there Staking on Strike Docs: Staking
STRIKE
STRIKE is Strike Finance's platform token. Its listed uses are staking for a share of platform revenue, governance votes and discounts on trading fees. Total supply is fixed at 25 million.
- Allocation: 60% public sale, 15% team and advisors, 13% DAO treasury and 12% liquidity.
- Team tokens have a 6 month lock, then unlock monthly over 24 months.
Drive there Docs: Tokenomics
Staking
Opt in once on the Strike staking page and STRIKE in that wallet counts toward platform revenue rewards, even while used in supported DEX pools or lending markets. There is no lockup.
- Balances are snapshotted daily at 00:00 UTC and averaged over time, so holding longer counts for more.
- Supported places include Minswap, CSWAP, Splash, VyFi, SundaeSwap and WingRiders pools, plus Liqwid, Surf, Dano and FluidTokens.
- Still staked the V1 way? Re-stake on the staking page in single address mode and keep the STRIKE in that wallet. V2 reward counting began on 15 May 2026, with daily snapshots at 00:00 UTC.
Drive there Docs: Staking
Revenue Share
Strike's main revenue is the opening fee traders pay when they open positions. The part of that fee that goes to Strike is paid to eligible stakers every 15 days.
- Opening fees are split between Strike and liquidity providers, and the split can change over time.
- Rewards arrive in your Strike account as USDM, where they can be used for trading, vaults or withdrawal.
Drive there Docs: Staking rewards
DAO Treasury
13% of the STRIKE supply (3.25 million tokens) is set aside for the DAO. How it is released and used is left to votes by STRIKE holders.
- Stated uses include incentives, initiatives and funding future development, as the community sees fit.
- The DAO share is part of the 25 million total, alongside the public sale, team and liquidity allocations.
Drive there Docs: Tokenomics
Chains & Security
The chains Strike settles on, the custody contracts, validators and the backstop. Drive to this district
Cardano
Strike V1 launched in May 2025 as the first perpetuals platform on Cardano. V2 runs its own execution layer and uses Cardano and other chains for custody and settlement.
- Matching, liquidations and funding run on the Strike Node; Cardano holds deposited funds in on-chain locker contracts.
- STRIKE staking rewards and Points payouts are on Cardano, and Ethereum or Solana accounts set a Cardano address for Points.
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Drive there Docs: Welcome
Ethereum
Ethereum is a supported chain for deposits and withdrawals. ETH and USDC can be sent in, and Ethereum-based tokens can back Borrow & Earn credit lines.
- Docs list Cardano and Ethereum as the supported settlement chains, each with its own locker contract and listener node.
- Ethereum-held collateral assets on Strike include Aave aUSDC and enzoBTC.
Drive there Docs: Deposits & Withdrawals
Solana
Solana wallets can create Strike accounts, deposit SOL or USDC, trade and withdraw. Strike's builder guide lists Solana alongside Ethereum and Cardano.
- Solana sign-ins use Ed25519 signatures, and deposit transactions are returned as base64 Solana transactions.
- Solana account holders set a Cardano address to receive Points payouts.
Drive there Docs: Builder Codes
Validator Network
Strike's validators sign deposit quotes, confirm deposits on-chain and co-sign withdrawals. Strike operates them today, with independent operators planned over time.
- Each chain has a listener node that watches its locker contract for incoming deposits.
- Quotes are single-use, and a withdrawal needs your own wallet signature before anything moves.
Drive there Docs: Deposits & Withdrawals
Locker Contracts
Locker contracts are on-chain smart contracts on each supported chain where deposited funds are held. The trading engine only tracks balances and never takes custody.
- Withdrawals have rolling 1 hour and 24 hour limits, per asset and across all assets, plus approval thresholds and emergency controls.
- Strike says no single party has direct access to user funds.
Drive there Docs: Withdrawal Security