Perp exchanges
49 DEXs and 14 CEXs, ranked by 24-hour volume · data
| # | Name | Vol 24h | OI | Vol/OI | Mkts | RWA | Fees | BTC /8h | BTC 30d | Token | Airdrop | KYC | Lev | Trade |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HyperliquidXOI $10.15B · 179 mkts · KYC No | $8.30B25.7% | $10.15B | 0.82 | 179 | — | 0.045%/0.015% | +0.0100% | +0.72% | HYPE | Season 2 | No | 40x | Trade4% off |
| 2 | tradeXYZXOI $4.24B · 120 mkts · KYC No | $6.48B20.1% | $4.24B | 1.53 | 120 | 120 | 0.009%/0.003% | — | — | — | Active | No | 50x | Trade |
| 3 | Variational OmniXOI $839.2M · 587 mkts · KYC No | $2.75B8.5% | $839.2M | 3.27 | 587 | 157 | 0.000%/0.000% | +0.0100% | +0.71% | — | Active | No | 50x | Trade+15% pts |
| 4 | LighterXOI $514.0M · 201 mkts · KYC No | $2.64B8.2% | $514.0M | 5.14 | 201 | 96 | 0.000%/0.000% | +0.0096% | +0.68% | LIT | Season 3 | No | 50x | Trade7d free |
| 5 | AsterXOI $1.36B · 599 mkts · KYC No | $2.25B7.0% | $1.36B | 1.65 | 599 | 146 | 0.040%/0.000% | +0.0100% | +0.57% | ASTER | Stage 5 | No | 300x | Trade≤10% back |
| 6 | KalshiXOI $86.2M · 71 mkts · KYC Yes | $1.32B4.1% | $86.2M | 15.31 | 71 | 67 | 0.040%/0.020% | +0.0282% | +1.46% | — | Not active | Yes | 15x | Trade |
| 7 | PacificaXOI $110.5M · 78 mkts · KYC No | $959.1M3.0% | $110.5M | 8.68 | 78 | 24 | 0.040%/0.015% | +0.0100% | +0.84% | — | Active | No | 50x | Trade10% back |
| 8 | edgeXXOI $328.2M · 157 mkts · KYC No | $771.1M2.4% | $328.2M | 2.35 | 157 | 83 | 0.045%/0.040% | +0.0100% | +0.68% | EDGE | Active | No | 100x | Trade |
| 9 | Lighter RHXOI $170.1M · 67 mkts · KYC No | $639.1M2.0% | $170.1M | 3.76 | 67 | 48 | 0.000%/0.000% | +0.0096% | +0.61% | LIT | Points live | No | 50x | Trade+10% pts |
| 10 | QFEXXOI $356.2M · 236 mkts · KYC No | $540.2M1.7% | $356.2M | 1.52 | 236 | 225 | 0.050%/0.020% | — | — | — | — | No | 30x | Trade37% off |
| 11 | AZverseXOI $52.1M · 131 mkts · KYC No | $529.1M1.6% | $52.1M | 10.15 | 131 | 77 | 0.060%/0.040% | +0.0100% | +0.23%12d | — | — | No | — | Trade |
| 12 | GRVTXOI $402.3M · 184 mkts · KYC No | $518.9M1.6% | $402.3M | 1.29 | 184 | 106 | 0.045%/0.000% | +0.0100% | +0.76% | GRVT | Active | No | 50x | Trade |
| 13 | ExtendedXOI $146.3M · 304 mkts · KYC No | $514.0M1.6% | $146.3M | 3.51 | 304 | 137 | 0.025%/0.000% | +0.0104% | +0.76% | — | Not active | No | 100x | Trade10% off |
| 14 | Ondo PerpsXOI $83.6M · 77 mkts · KYC No | $440.2M1.4% | $83.6M | 5.27 | 77 | 65 | 0.025%/0.010% | +0.0100% | +0.69% | — | Active | No | 40x | Trade5% off |
| 15 | ArcusXOI $102.2M · 74 mkts · KYC No | $409.3M1.3% | $102.2M | 4.00 | 74 | 41 | 0.022%/0.000% | +0.0100% | +0.71% | — | Active | No | 50x | Trade5% off |
| 16 | NadoXOI $77.6M · 73 mkts · KYC No | $397.1M1.2% | $77.6M | 5.12 | 73 | 30 | 0.035%/0.010% | +0.0100% | +0.60% | — | Active | No | 50x | Trade20% off |
| 17 | ApeX OmniXOI $137.3M · 128 mkts · KYC No | $352.8M1.1% | $137.3M | 2.57 | 128 | 41 | 0.050%/0.020% | +0.0100% | +0.50% | APEX | Not active | No | 100x | Trade5% off |
| 18 | PopdexXOI $92.3M · 66 mkts · KYC No | $334.6M1.0% | $92.3M | 3.63 | 66 | 35 | 0.032%/0.010% | +0.0100% | +0.78% | — | — | No | 100x | Trade |
| 19 | SunXXOI $6.0M · 302 mkts · KYC No | $321.9M1.0% | $6.0M | 53.60 | 302 | 159 | 0.040%/0.020% | +0.0100% | +0.47% | — | — | No | 100x | Trade≤10% back |
| 20 | Jupiter PerpsXOI — · 3 mkts · KYC No | $318.1M1.0% | — | — | 3 | — | 0.060%/0.060% | L+0.0112% | +1.00% | JUP | — | No | 250x | Trade |
| 21 | SoDEXXOI $291.4M · 98 mkts · KYC No | $249.8M0.8% | $291.4M | 0.86 | 98 | 44 | 0.040%/0.012% | +0.0100% | +0.58% | — | — | No | 40x | Trade |
| 22 | TxFlowXOI $86.0M · 241 mkts · KYC No | $185.6M0.6% | $86.0M | 2.16 | 241 | 105 | 0.045%/0.015% | +0.0100% | +0.48% | — | Season 1 | No | 75x | Trade5% off |
| 23 | RISExXOI $75.2M · 50 mkts · KYC No | $169.9M0.5% | $75.2M | 2.26 | 50 | 26 | 0.030%/0.010% | +0.0796% | +0.82% | — | — | No | 50x | TradeInvite |
| 24 | Polymarket PerpsXOI $108.4M · 90 mkts · KYC No | $136.5M0.4% | $108.4M | 1.26 | 90 | 49 | 0.040%/0.013% | +0.0100% | +0.68% | — | Not active | No | 50x | Trade |
| 25 | Vest MarketsXOI $91.0M · 77 mkts · KYC No | $129.9M0.4% | $91.0M | 1.43 | 77 | 82 | 0.010%/0.010% | +0.0100% | −0.83% | — | Active | No | 100x | Trade+5% pts |
| 26 | EntropyXOI $156.3M · 14 mkts · KYC No | $111.1M0.3% | $156.3M | 0.71 | 14 | 12 | 0.009%/0.003% | — | — | — | — | No | 25x | Trade |
| 27 | OrderlyXOI $46.8M · 159 mkts · KYC No | $84.5M0.3% | $46.8M | 1.80 | 159 | 57 | 0.030%/0.000% | +0.0100% | +0.55% | ORDER | — | No | 100x | Trade |
| 28 | Katana PerpsXOI $519K · 10 mkts · KYC No | $76.6M0.2% | $519K | 147.73 | 10 | — | 0.019%/0.005% | +0.0100% | +0.90% | — | — | No | 50x | Trade |
| 29 | GMXXOI $48.6M · 124 mkts · KYC No | $68.4M0.2% | $48.6M | 1.41 | 124 | 8 | 0.060%/0.040% | L+0.0191% | +1.29% | GMX | Not active | No | 100x | Trade5% off |
| 30 | dYdXXOI $55.5M · 57 mkts · KYC No | $54.1M0.2% | $55.5M | 0.98 | 57 | — | 0.050%/0.010% | 0.0000% | +0.32% | DYDX | Not active | No | 50x | Trade |
| 31 | BulkXOI $15.8M · 19 mkts · KYC No | $38.1M0.1% | $15.8M | 2.42 | 19 | 8 | 0.035%/0.000% | +0.0100% | +0.81% | — | — | No | 40x | Trade |
| 32 | InjectiveXOI $3.3M · 297 mkts · KYC No | $34.1M0.1% | $3.3M | 10.42 | 297 | 123 | 0.000%/0.000% | −0.0025% | +1.26% | INJ | — | No | 100x | Trade |
| 33 | PhoenixXOI $20.5M · 104 mkts · KYC No | $33.4M0.1% | $20.5M | 1.63 | 104 | 50 | 0.035%/0.005% | +0.0099% | +1.35% | — | — | No | 40x | Trade |
| 34 | HibachiXOI $1.3M · 15 mkts · KYC No | $27.2M0.1% | $1.3M | 20.15 | 15 | 7 | 0.045%/0.000% | +0.0248% | +1.67% | — | Active | No | 30x | Trade |
| 35 | PerplXOI $1.1M · 11 mkts · KYC No | $19.5M0.1% | $1.1M | 17.53 | 11 | — | 0.035%/0.005% | +0.0223% | +0.72% | — | Active | No | 15x | Trade |
| 36 | BulletXOI $4.2M · 30 mkts · KYC No | $14.8M0.0% | $4.2M | 3.51 | 30 | 14 | 0.000%/0.000% | +0.0100% | +0.39% | — | Active | No | 20x | Trade |
| 37 | gTrade (Gains Network)XOI $1.8M · 135 mkts · KYC No | $13.4M0.0% | $1.8M | 7.39 | 135 | 43 | 0.035%/0.035% | L+0.0131% | +0.68% | GNS | Not active | No | 1000x | Trade |
| 38 | Aftermath PerpsXOI $643K · 65 mkts · KYC No | $12.8M0.0% | $643K | 19.86 | 65 | 32 | 0.045%/−0.005% | +0.0878% | +4.21% | — | — | No | 25x | Trade5% off |
| 39 | ParadexXOI $23.9M · 62 mkts · KYC No | $11.1M0.0% | $23.9M | 0.47 | 62 | 23 | 0.020%/0.000% | +0.0097% | +0.70% | DIME | Active | No | 50x | Trade+5% pts |
| 40 | ParagonXOI $15.0M · 33 mkts · KYC No | $9.4M0.0% | $15.0M | 0.63 | 33 | 32 | 0.009%/0.003% | — | — | — | — | No | 20x | Trade |
| 41 | AevoXOI $10.5M · 88 mkts · KYC No | $7.6M0.0% | $10.5M | 0.72 | 88 | 47 | 0.080%/0.050% | +0.0096% | +0.47% | AEVO | — | No | 20x | Trade |
| 42 | ReyaXOI $1.8M · 31 mkts · KYC No | $5.7M0.0% | $1.8M | 3.20 | 31 | 19 | 0.030%/0.030% | +0.0100% | +0.73% | REYA | Active | No | 40x | Trade |
| 43 | N1XOI $847K · 40 mkts · KYC No | $2.5M0.0% | $847K | 2.99 | 40 | — | 0.035%/0.010% | +0.0056% | +0.50% | — | — | No | 50x | Trade |
| 44 | BluefinXOI $736K · 8 mkts · KYC No | $945K0.0% | $736K | 1.28 | 8 | 1 | 0.035%/0.010% | +0.0100% | +2.21% | BLUE | — | No | 40x | Trade |
| 45 | Markets by KinetiqXOI $133K · 1 mkts · KYC No | $165K0.0% | $133K | 1.24 | 1 | — | 0.090%/0.030% | — | — | — | Not active | No | 5x | Trade |
| 46 | StandXXOI $3.5M · 13 mkts · KYC No | $44K0.0% | $3.5M | 0.01 | 13 | 6 | 0.040%/0.010% | +0.0100% | +0.85% | — | Active | No | 40x | Trade+5% pts |
| 47 | DeriveXOI $84.6M · 15 mkts · KYC No | — | $84.6M | 0.00 | 15 | — | 0.030%/0.010% | +0.0100% | +0.21% | — | — | No | 15x | Trade |
| 48 | HotstuffXOI — · 0 mkts · KYC No | — | — | — | 0 | — | 0.025%/−0.002% | — | — | — | Active | No | 5x | Trade |
| 49 | AvantisXOI $69.5M · 118 mkts · KYC No | — | $69.5M | 0.00 | 118 | 120 | 0.020%/0.001% | L+0.0096% | +0.68% | AVNT | Season 3 | No | 500x | Trade |
49 exchangesVol/OI amber above 5×, red above 12×: likely incentive volume.