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    Adrena Protocol

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    TL;DR

    Solana Perps DEX. 100x Leverage. 0% Slippage. 100% Rev Share. Open Source. Community Owned.

    Dossier

    ## Executive Summary Adrena is a decentralized perpetual exchange (DEX) operating on the Solana blockchain. It aims to provide traders with the high-speed execution and low transaction costs typically associated with centralized exchanges (CEXs), while retaining the self-custody and transparency benefits of decentralized finance (DeFi). The platform utilizes a novel Orderbook-less Perpetual Options System (OPOS) to achieve millisecond trade execution with near-zero gas fees, positioning itself as a high-performance venue for leveraged trading of perpetual futures contracts. Adrena's architectu