Category

Derivatives coins: are they halal?

44 Derivatives coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.

What is Derivatives?

This is one of the categories our screening covers — a grouping of coins that share a common function or narrative within the broader crypto market.

How CryptoUmmah screens Derivatives coins

As with every category we track, coins here are screened individually against our 27-point methodology across the three core pillars — riba (interest), gharar (uncertainty), and maysir (speculation/gambling) — rather than being judged by category label alone. Two coins sharing this tag can land on very different verdicts depending on their specific tokenomics, revenue model, and governance structure. Across the 44 Derivatives coins we've screened, the average Shariah compliance score sits at 47.9/100, with 7% classified Halal, 25% Mashbooh, and 68% Haram.

Halal: 3 coins (7%)Mashbooh: 11 coins (25%)Haram: 30 coins (68%)44 coins
  • Halal7%
  • Mashbooh25%
  • Haram68%
ShariahRibaGhararMaysir
586UMAUMAHALAL75.3
136PendlePENDLEHALAL71.9
215Synthetix NetworkSNXHALAL70.7
10HyperliquidHYPEMASHBOOH69.5
725WOOWOOMASHBOOH68.5
1559LeverUpLVMASHBOOH65.5
351GMXGMXMASHBOOH61.9
1530QuickswapQUICKMASHBOOH59.9
614Nirvana ANAANAMASHBOOH59.2
1010Gains NetworkGNSMASHBOOH58
1504SYMMIOSYMMMASHBOOH55.5
215SynthetixSNXMASHBOOH52.4
1860RCH TokenRCHMASHBOOH50.1
2245Indigo ProtocolINDYMASHBOOH50.1
2561HXROHXROHARAM49.5
2209RailsRAILSHARAM49.5
515APEXAPEXHARAM49.3
2572Index Coop - ETH 2x Flexible Leverage IndexETH2X-FLIHARAM48.7
1959ParclPRCLHARAM48.6
1308StrikeSTRIKEHARAM47.7
432Flying TulipFTHARAM46.8
1985Cryptex FinanceCTXHARAM46.8
2437Perpetual ProtocolPERPHARAM45.6
788ROLLROLLHARAM44.7
401ETHGasGWEIHARAM44.6
242AWE NetworkAWEHARAM44.3
2770ThalesTHALESHARAM43.6
92LighterLITHARAM42.7
1810Thetanuts FinanceNUTSHARAM42.3
2100FulcromFULHARAM41.9
642AvantisAVNTHARAM41.9
2569PremiaPREMIAHARAM41.2
1343MUX ProtocolMCBHARAM40
1737sETHSETHHARAM39.8
2495ContangoTANGOHARAM39.3
1516Pika ProtocolPIKAHARAM37.6
2012DerivaDAODDXHARAM37.5
227DeriveDRVHARAM36.9
1940NereusNRSHARAM36.9
1281Drift ProtocolDRIFTHARAM36.8
954MYX FinanceMYXHARAM36.3
366CyberDEXCYDXHARAM28.1
637MangoMNGOHARAM26.2
1455TradoorTRADOORHARAM22.9