Innovative Trading Experience on Near
Optimize your yield and grow your vision with our decentralized suite of products
Trade nowSpin Ecosystem
Spot Trading
Experience secure and transparent token trading on our decentralized platform, boasting an on-chain order book for seamless transactions.
Launch appTotal Volume
$23,688,565
Perp Trading
Derivatives trading suite to maximize profits or hedge risk. Enjoy enhanced flexibility and liquidity with leverage up to 10x.
Launch appTotal Volume
$36,829,024
Strategy Vaults
Deposit & earn on-chain with DOVs to maximize yields in Near DeFi. Simple deposits & withdrawals, automated strategies, high APY.
Launch appTotal Value Locked
$106,202
Our generative art collection of Freaky Elves
Boost your Spin DEX experience with our generative art collection of Freaky Elves
OpenFeatures
Self custody & simple onboarding
Complete control over your funds. Trade with confidence, free from the risk.
Near-Zero Gas Fees
<$0.01 Near’s transaction cost. Low fees for takers and rebates for makers.
On-chain order book
Enjoy deep liquidity with minimum price slippage and accurate pricing.
Fast execution
1-2s transaction finality powered by Near. No MEV.
Transparent by design
Trading, funding and liquidation happens at the contract level. All data is publicly available.
Handy UX/UI
A responsive web interface with the simplicity you love.
Building the most advanced
trading platform in Web3
2022
Q1/2022
On-chain Order Book Product
The on-chain order book is the heart of Spin’s spot, perpetual, and options engines.
Seed round investments Business
Spin raised $3.75M in seed funding round led by Lemniscap with participation from GSR, Spartan Group, and other VCs.
Freaky Elves NFT mint Product
2022 NFTs from the Freaky Elves NFT collection were minted in a few minutes at a price of 0.7 NEAR per NFT. You can buy your Elf on Paras now.
Partnerships: Ref Finance, Paras Business
The partnership of Ref Finance and Spin is aimed at bring more liquidity to order book trading on NEAR Protocol. Paras became the main marketplace for Spin’s utility NFT collection of Freaky Elves.
Q2/2022
Spot Product
In the spot trading section, you can enjoy all the benefits of CEX, but completely on-chain: multiple order types, informative charts, trading history, and more.
Swap Product
The instant swap feature on Spin allows you to exchange one asset for another with meager fees quickly.
The first trading tournament on Spin News
Trading tournaments are a regular trading activity on Spin offering some juicy rewards to active DEX users.
Q3/2022
Perpetuals Product
With perpetual futures, you can improve your capital efficiency by using leveraged trading, going short, and also hedging your trading risks.
BlockApex security audit News
After receiving a security audit report by BlockApex, Spin raised the spot trading limits to $500. Spin plans to have a few more audits to ensure the maximum security of the users.
$1,000,000 in total trading volumes News
Shortly after the launch of the mainnet, Spin managed to reach its first major milestone in total trading volumes.
Partnerships: Sender, NearPay Business
The Spin and Sender Wallet partnership aims to improve the convenience of trading on the NEAR blockchain. Spin has partnered with NearPay to provide users with a powerful solution for fast and safe fiat-to-crypto payments built on NEAR protocol.
Q4/2022
Automated Investment Products (AIP) Product
Risk / Reward optimized strategies built on the Spin Infrastructure.
Covered Call DOV’s Product
The first AIP product on Spin. It performs best in slowly growing markets and allows investors earn on the underlying asset’s price growth and option’s premium.
Options Product
Options are a powerful risk hedging tool. Call and Put options support is necessary for developing AIP.
Batch Auctions Product
Extension and modification of the Order Book module to be used as a part of the mechanism in DOV’s.
2023
Q1/2023
Cash Secured Put DOV’s Product
AIP extension. The strategy is to sell options on the underlying asset, which are written by vault investors. A stablecoin is used as collateral. The profit for investors is the premium received from the sale of put options on the auction.
Q2/2023
Spin Risk Engine upgrade Product
Major and minor updates in a Risk Engine, improving speed and capacity of order book matching mechanism.
2024
Q1/2024
Funding mechanism upgrade Product
Improving the mechanics of funding fee settlements.
Q4/2024
Launching Spin Points campaign Product
Airdrop campaign for Spin users.
2025
Q1/2025
Liquidity vaults Product
Protocol vaults, which utilize user’s liquidity and use these funds for market-making and liquidation purposes.
Market Maker Incentive Program Product
Market Makers can add liquidity to the Spin order book and manage it effectively to receive SPIN tokens as a reward.
Trader Incentive Program Product
Trading incentives are designed to reward users who choose Spin to actively trade with SPIN tokens.
Advanced Orders Product
Implementation of FOK, IOC, TWAP and other types of orders.
Q2/2025
Multi-Collateral Contracts Product
Feature will allow traders to use different assets other than USDC as margin. Maintain exposure to tokens while trading on-chain derivatives.
Funding Vaults Product
Vaults, which utilize users funds for opening delta-neutral position which extract profit from funding rates.
Structured products Product
Facility, allows users to create comprehensive strategies, includes options and perpetuals/spot markets together.
Q3/2025
Account Abstraction Product
Borderless user experience for traders across all the blockchains.
Multi-asset cash-secured vault Product
Vault, which invests funds in variety of cash-secured put vaults, thereby diversifies users investments.
TradFi derivative tokenization Business
Synthetic assets: Creation of synthetic versions of real assets (for example, stocks, gold, oil), allowing users to trade these assets on the blockchain.
Q4/2025
AI implementation Product
Implementation of AI module, which helps users to manage funds. Using artificial intelligence to create and manage personalized investment portfolios based on user preferences and risk profile.
Social trading Product
The ability to copy the strategies of successful traders or automatically participate in collective trading operations.
Extended privacy settings Product
The introduction of technologies such as zk-SNARKs or other privacy practices to hide transaction details.
Decentralized auctions and IPOs Product
Tokenized IPOs: The ability to conduct decentralized public token offerings (Ips), which allows companies to raise capital through DEX.
The SPIN Token
Spin token will be launched soon. Keep an eye on the news.
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Trade on Spin
Optimize your yield and grow your vision with our
decentralized suite of products