Overlay Protocol is a decentralized perpetuals exchange built for long-tail crypto assets, enabling projects to launch perps markets without market makers or liquidity providers. Overlay Protocol's Twitter Score is 75 out of 1000 (a Good rating) as of September 2026, ranking #10,816 (top 5%) among 486,573 tracked accounts.
Overlay Protocol allows users to build positions directly against the protocol itself rather than against traditional counterparties. Pricing is derived from oracle feeds rather than an order book, using data sources designed to resist manipulation and prediction. All profit and loss is settled in stablecoins, while OVL, the protocol's native BNB Smart Chain token, handles internal accounting and DAO governance without being required to trade. Overlay Protocol also offers community pools that let communities fund their own perps markets, with a pool target of $10K, a 0.1% trading fee, and a 30% contributor fee share per the official ecosystem page.
Overlay Protocol has received backing from Polychain, ParaFi, 1kx, and FalconX. The protocol's security has been assessed through four comprehensive audits conducted by Spearbit, Least Authority, Trail of Bits, and Nethermind. Overlay Protocol maintains an open-source codebase on GitHub under the overlay-market organization, with repositories covering its core contracts, interface, documentation, and SDK. Overlay Protocol has accumulated 85,306 followers as of September 2026 and published 2,430 posts, and has been mentioned by 120 accounts a total of 278 times.
Who follows Overlay Protocol on X?
The accounts that follow Overlay Protocol include 237 founders, 90 angel investors, 195 influencers and 10 VCs, among them Ansem, Kyle Samani, Tarun Chitra, Intern, sassal.ethacc and Mario Nawfal.