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 $11.04B · 178 mkts · KYC No | $4.66B34.2% | $11.04B | 0.42 | 178 | — | 0.045%/0.015% | +0.0100% | +0.68% | HYPE | Season 2 | No | 40x | Trade4% off |
| 2 | LighterXOI $535.1M · 198 mkts · KYC No | $1.49B10.9% | $535.1M | 2.78 | 198 | 95 | 0.000%/0.000% | +0.0096% | +0.57% | LIT | Season 3 | No | 50x | Trade7d free |
| 3 | AsterXOI $1.42B · 613 mkts · KYC No | $1.03B7.6% | $1.42B | 0.73 | 613 | 146 | 0.040%/0.000% | +0.0100% | +0.43% | ASTER | Stage 5 | No | 300x | Trade≤10% back |
| 4 | Variational OmniXOI $946.3M · 581 mkts · KYC No | $778.0M5.7% | $946.3M | 0.82 | 581 | 149 | 0.000%/0.000% | +0.0100% | +0.61% | — | Active | No | 50x | Trade+15% pts |
| 5 | GRVTXOI $427.0M · 184 mkts · KYC No | $523.7M3.8% | $427.0M | 1.23 | 184 | 106 | 0.045%/0.000% | +0.0100% | +0.80% | GRVT | Active | No | 50x | Trade |
| 6 | edgeXXOI $262.5M · 174 mkts · KYC No | $481.4M3.5% | $262.5M | 1.83 | 174 | 101 | 0.045%/0.040% | +0.0100% | +0.64% | EDGE | Active | No | 100x | Trade |
| 7 | tradeXYZXOI $3.88B · 116 mkts · KYC No | $480.5M3.5% | $3.88B | 0.12 | 116 | 116 | 0.009%/0.003% | — | — | — | Active | No | 50x | Trade |
| 8 | PacificaXOI $122.8M · 77 mkts · KYC No | $470.0M3.4% | $122.8M | 3.83 | 77 | 24 | 0.040%/0.015% | +0.0100% | +0.77% | — | Active | No | 50x | Trade10% back |
| 9 | Lighter RHXOI $210.6M · 63 mkts · KYC No | $467.9M3.4% | $210.6M | 2.22 | 63 | 45 | 0.000%/0.000% | +0.0096% | +0.48% | LIT | Points live | No | 50x | Trade+10% pts |
| 10 | ApeX OmniXOI $148.2M · 127 mkts · KYC No | $329.8M2.4% | $148.2M | 2.23 | 127 | 40 | 0.050%/0.020% | −0.0016% | +0.34% | APEX | Not active | No | 100x | Trade5% off |
| 11 | NadoXOI $75.9M · 75 mkts · KYC No | $257.0M1.9% | $75.9M | 3.39 | 75 | 32 | 0.035%/0.010% | +0.0100% | +0.31% | — | Active | No | 50x | Trade20% off |
| 12 | ExtendedXOI $205.3M · 309 mkts · KYC No | $240.4M1.8% | $205.3M | 1.17 | 309 | 136 | 0.025%/0.000% | +0.0104% | +0.59% | — | Active | No | 100x | Trade10% off |
| 13 | SunXXOI $5.9M · 293 mkts · KYC No | $231.0M1.7% | $5.9M | 39.02 | 293 | 154 | 0.040%/0.020% | −0.0005% | +0.41% | — | — | No | 100x | Trade≤10% back |
| 14 | SoDEXXOI $296.4M · 92 mkts · KYC No | $227.2M1.7% | $296.4M | 0.77 | 92 | 38 | 0.040%/0.012% | +0.0076% | +0.38% | — | — | No | 40x | Trade |
| 15 | ArcusXOI $117.5M · 64 mkts · KYC No | $206.6M1.5% | $117.5M | 1.76 | 64 | 36 | 0.022%/0.000% | +0.0100% | +0.71% | — | Active | No | 50x | Trade5% off |
| 16 | Jupiter PerpsXOI — · 3 mkts · KYC No | $177.5M1.3% | — | — | 3 | — | 0.060%/0.060% | L+0.0112% | +0.97% | JUP | — | No | 250x | Trade |
| 17 | PopdexXOI $72.4M · 66 mkts · KYC No | $149.2M1.1% | $72.4M | 2.06 | 66 | 35 | 0.032%/0.010% | +0.0096% | +0.67% | — | — | No | 100x | Trade |
| 18 | RISExXOI $80.3M · 45 mkts · KYC No | $119.8M0.9% | $80.3M | 1.49 | 45 | 22 | 0.030%/0.010% | +0.0021% | +0.78% | — | — | No | 25x | TradeInvite |
| 19 | TxFlowXOI $89.1M · 236 mkts · KYC No | $113.4M0.8% | $89.1M | 1.27 | 236 | 104 | 0.045%/0.015% | +0.0062% | +0.22%20d | — | Active | No | 75x | Trade5% off |
| 20 | AZverseXOI $63.6M · 126 mkts · KYC No | $60.1M0.4% | $63.6M | 0.94 | 126 | 77 | 0.060%/0.040% | +0.0081% | +0.02%1d | — | — | No | — | Trade |
| 21 | InjectiveXOI $4.9M · 285 mkts · KYC No | $54.2M0.4% | $4.9M | 11.10 | 285 | 121 | 0.000%/0.000% | +0.0333% | +0.73% | INJ | — | No | 100x | Trade |
| 22 | Katana PerpsXOI $630K · 9 mkts · KYC No | $49.1M0.4% | $630K | 77.92 | 9 | — | 0.019%/0.005% | +0.0100% | +0.90% | — | — | No | 50x | Trade |
| 23 | Ondo PerpsXOI $105.5M · 71 mkts · KYC No | $43.9M0.3% | $105.5M | 0.42 | 71 | 60 | 0.025%/0.010% | +0.0100% | +0.73% | — | Active | No | 40x | Trade5% off |
| 24 | GMXXOI $54.3M · 124 mkts · KYC No | $41.2M0.3% | $54.3M | 0.76 | 124 | 8 | 0.060%/0.040% | L+0.0198% | +0.94% | GMX | Not active | No | 100x | Trade5% off |
| 25 | QFEXXOI $321.5M · 229 mkts · KYC No | $39.4M0.3% | $321.5M | 0.12 | 229 | 219 | 0.050%/0.020% | — | — | — | — | No | 30x | Trade10% back |
| 26 | HibachiXOI $1.5M · 15 mkts · KYC No | $35.6M0.3% | $1.5M | 23.20 | 15 | 7 | 0.045%/0.000% | +0.0072% | +1.58% | — | Active | No | 30x | Trade |
| 27 | OrderlyXOI $45.0M · 142 mkts · KYC No | $34.9M0.3% | $45.0M | 0.78 | 142 | 56 | 0.030%/0.000% | +0.0100% | +0.42% | ORDER | — | No | 100x | Trade |
| 28 | Polymarket PerpsXOI $108.8M · 89 mkts · KYC No | $33.5M0.2% | $108.8M | 0.31 | 89 | 48 | 0.040%/0.013% | +0.0100% | +0.46% | — | Not active | No | 50x | Trade |
| 29 | dYdXXOI $50.4M · 73 mkts · KYC No | $31.3M0.2% | $50.4M | 0.62 | 73 | 2 | 0.050%/0.010% | −0.0018% | +0.12% | DYDX | Not active | No | 50x | Trade |
| 30 | PhoenixXOI $23.4M · 99 mkts · KYC No | $29.9M0.2% | $23.4M | 1.28 | 99 | 49 | 0.035%/0.005% | +0.0158% | +1.34% | — | — | No | 40x | Trade |
| 31 | BulletXOI $3.3M · 30 mkts · KYC No | $25.5M0.2% | $3.3M | 7.82 | 30 | 14 | 0.000%/0.000% | +0.0034% | +0.23% | — | — | No | 20x | Trade |
| 32 | EntropyXOI $76.7M · 11 mkts · KYC No | $24.1M0.2% | $76.7M | 0.31 | 11 | 9 | 0.009%/0.003% | — | — | — | — | No | 25x | Trade |
| 33 | BulkXOI $14.8M · 11 mkts · KYC No | $23.7M0.2% | $14.8M | 1.60 | 11 | — | 0.035%/0.000% | +0.0100% | +0.87% | — | — | No | 40x | Trade |
| 34 | gTrade (Gains Network)XOI $2.5M · 134 mkts · KYC No | $16.1M0.1% | $2.5M | 6.38 | 134 | 43 | 0.035%/0.035% | L+0.0073% | +0.61% | GNS | Not active | No | 1000x | Trade |
| 35 | PerplXOI $1.4M · 11 mkts · KYC No | $13.6M0.1% | $1.4M | 9.67 | 11 | — | 0.035%/0.005% | +0.0447% | +0.24% | — | Active | No | 15x | Trade |
| 36 | ParadexXOI $10.6M · 60 mkts · KYC No | $12.9M0.1% | $10.6M | 1.22 | 60 | 23 | 0.020%/0.000% | +0.0090% | +0.63% | DIME | Active | No | 50x | Trade+5% pts |
| 37 | AevoXOI $11.1M · 87 mkts · KYC No | $8.4M0.1% | $11.1M | 0.76 | 87 | 47 | 0.080%/0.050% | +0.0080% | +0.31% | AEVO | — | No | 20x | Trade |
| 38 | ReyaXOI $1.8M · 30 mkts · KYC No | $5.4M0.0% | $1.8M | 2.93 | 30 | 19 | 0.030%/0.030% | −0.0002% | +0.30% | REYA | Active | No | 40x | Trade |
| 39 | Aftermath PerpsXOI $746K · 59 mkts · KYC No | $5.1M0.0% | $746K | 6.86 | 59 | 28 | 0.045%/−0.005% | +0.0702% | +2.63% | — | — | No | 25x | Trade5% off |
| 40 | N1XOI $1.4M · 40 mkts · KYC No | $2.5M0.0% | $1.4M | 1.87 | 40 | — | 0.035%/0.010% | +0.0072% | +0.15% | — | — | No | 50x | Trade |
| 41 | ParagonXOI $16.8M · 32 mkts · KYC No | $1.8M0.0% | $16.8M | 0.11 | 32 | 31 | 0.009%/0.003% | — | — | — | — | No | 20x | Trade |
| 42 | Markets by KinetiqXOI $9.3M · 5 mkts · KYC No | $1.3M0.0% | $9.3M | 0.14 | 5 | 4 | 0.009%/0.003% | — | — | — | Not active | No | 25x | Trade |
| 43 | BluefinXOI $881K · 8 mkts · KYC No | $589K0.0% | $881K | 0.67 | 8 | 1 | 0.035%/0.010% | +0.0100% | +2.18% | BLUE | — | No | 40x | Trade |
| 44 | Vest MarketsXOI $62.6M · 78 mkts · KYC No | $246K0.0% | $62.6M | 0.00 | 78 | 82 | 0.010%/0.010% | −0.0178% | −0.09% | — | Active | No | 100x | Trade+5% pts |
| 45 | StandXXOI $5.0M · 13 mkts · KYC No | $183K0.0% | $5.0M | 0.04 | 13 | 6 | 0.040%/0.010% | +0.0100% | +0.84% | — | Active | No | 40x | Trade+5% pts |
| 46 | DeriveXOI $84.6M · 15 mkts · KYC No | — | $84.6M | 0.00 | 15 | — | 0.030%/0.010% | +0.0100% | +0.55% | — | — | No | 15x | Trade |
| 47 | HotstuffXOI — · 0 mkts · KYC No | — | — | — | 0 | — | 0.025%/−0.002% | — | — | — | Active | No | 5x | Trade |
| 48 | AvantisXOI $68.7M · 116 mkts · KYC No | — | $68.7M | 0.00 | 116 | 120 | 0.020%/0.001% | L+0.0096% | +0.56% | AVNT | Season 3 | No | 500x | Trade |
48 exchangesVol/OI amber above 5×, red above 12×: likely incentive volume.