Perp DEXes

This list features the top DEXes where you can trade perpetual futures for cryptos online.

ApeX ApeX 5.0 ApeX Exchange is a decentralized, non-custodial trading platform that offers both perpetual and spot markets with up to 100× leverage, low fees, and deep liquidity across multiple chains. Built for self-custody and transparency, it provides advanced trading tools, cross-collateral support, and reward programs while enabling users to maintain full control of their funds.
Aster Aster 5.0 Aster (AsterDEX) is a next-generation decentralized perpetual exchange aimed at serving both new entrants to crypto trading and seasoned professionals. It supports multi-chain trading, with deep liquidity, high leverage (up to 1001×), and offers two interface modes — Simple for one-click, streamlined trading, and Pro for advanced tools and full order-book control. Traders retain self-custody of their funds, and Aster’s infrastructure emphasizes features like “hidden orders” (limit orders shielded from the public book until filled), margin flexibility, cross-chain liquidity aggregation, and collateral options which may include liquid-staking tokens and yield-bearing stablecoins. Beyond derivatives trading, the ecosystem includes “Aster Earn” yield products, a stablecoin (USDF), staking/liquidity pool tokens, referral/rewards programs, and plans for further development (such as Aster Chain, privacy upgrades, zero-knowledge elements).
Axiom Axiom 5.0 Axiom Perps is Axiom’s perpetual futures offering, powered by Hyperliquid. It lets users trade up to 50× leverage on a wide variety of assets—including BTC, ETH, SOL, DOGE, and many memecoins—with features like zero gas fees and a high-performance, on-chain order book. Axiom’s integration provides fast execution and deep liquidity in a fully decentralized, non-custodial interface.
BasedApp BasedApp 5.0 BasedApp is a fintech / Web3 finance application designed to combine crypto trading, wallet services, and payment infrastructure in a single, seamless mobile experience. It operates on the Hyperliquid decentralized exchange for spot and perpetual trading, letting users trade a wide selection of crypto assets (including leveraged instruments), manage a non-custodial wallet, and spend via a Visa debit card. Based in Singapore (SHA2 Labs Pte Ltd), the app emphasizes self-custody, ease of use (account-abstraction features like social login, gasless transactions), and bridging between fiat and crypto—not just trading but everyday usability of digital assets.
Drift Drift 5.0 Drift is a Solana-based decentralized exchange specializing in perpetual futures with up to 50x leverage across 40+ markets, including SOL, BTC, and ETH. It supports spot trading, yield-bearing collateral, and staking through DRIFT tokens. Leveraging Solana’s speed, Drift offers low fees, a Just-In-Time (JIT) liquidity mechanism, and a cross-margin system. Key features include robust risk management, audited contracts, and a community-focused Trader Program.
edgeX edgeX 5.0 edgeX Exchange is a decentralized derivatives trading platform (a Perp DEX) launched in 2023, incubated by Amber Group, designed to offer high performance, order-book-based perpetual contract trading with professional features. It combines the user experience and speed of centralized exchanges (including features like sub-accounts and low latency matching) with DeFi’s self-custody model. edgeX V1 serves as its minimum viable product, with a modular financial infrastructure, social logins, strong on-chain pricing integrity (via oracles), and a focus on delivering fast, transparent and efficient execution.
Hyperliquid Hyperliquid 5.0 Hyperliquid is a decentralized trading platform built on its own high-performance Layer-1 blockchain, offering both spot and perpetual futures markets. It features fully on-chain order books (instead of AMMs), no gas fees for trading, and leverage options (up to around 50×) for users who wish to take larger positions. With fast transaction finality and high throughput, Hyperliquid aims to deliver a user experience more typical of centralized exchanges while retaining decentralization and allowing users full control over their funds. It supports USDC as the main collateral, a variety of trading tools (stop-loss, limit orders, etc.), and emphasizes transparency and speed in execution.
Jupiter Jupiter 5.0 Jupiter Perps is a perpetual derivatives exchange on Solana offering up to 150× leverage on assets like SOL, ETH, and BTC. Traders borrow from a shared liquidity pool (JLP), which provides deep liquidity and backstops leveraged positions. Users deposit collateral in any supported token, and Jupiter auto-swaps it as needed to open positions. The platform supports limit orders and features a gasless execution model powered by keepers—so orders can be placed without on-chain transaction fees. Liquidity providers earn trading fees and a share of traders’ PnL via the JLP token, which accumulates value automatically.
MYX MYX 5.0 MYX Finance is a decentralized perpetual derivatives exchange (DEX) that enables traders to open leveraged contracts (up to ~50×) on a wide range of tokens, using USDC as margin. It uses a novel Matching Pool Mechanism instead of traditional order books or AMMs, aiming to deliver slippage-free trades and better capital efficiency. The platform supports chain abstraction so collateral can come from multiple blockchains, and features user-friendly execution (orders signed via delegate key, gas relaying) to reduce friction. Its native token, $MYX, is part of governance, staking, and fee/reward distribution.
PancakeSwap PancakeSwap 5.0 PancakeSwap Perpetuals V2 is a fully on-chain perpetual futures trading feature that lets users take leveraged long or short positions on various assets without any fixed expiry dates. It removes the need for traditional order books by consolidating liquidity into an ALP pool, which supports all trading pairs — improving capital efficiency and enabling deeper liquidity. The system leverages multiple oracle feeds (such as Pyth, Binance Oracle, and Chainlink) to ensure reliable price data. Users trade directly from their own wallets, maintaining self-custody, and there are no mandatory deposits or withdrawals beyond managing margin and handling liquidations. The platform supports different trading modes (e.g. classic, degen, dumb) and offers markets ranging from crypto pairs to Forex pairs.
Raydium Perps Raydium Perps 5.0 Raydium Perps is a gasless perpetual futures trading platform built on Solana, featuring a Central Limit Order Book (CLOB) with up to 50x leverage. It supports over 70 asset pairs and uses USDC as collateral, offering a seamless, CeFi-grade user experience while maintaining self-custody. Key features include advanced trading tools, a customizable interface, and low fees (0 maker fees, 2.5bps taker fees). The platform is not available in restricted jurisdictions, including the US and Cuba.
SynFutures SynFutures 5.0 SynFutures is a leading decentralized derivatives exchange (DEX) on Base, enabling permissionless trading of perpetual futures and spot markets for any asset, including crypto, altcoins, indices, NFTs, and RWAs. Key features: 30-second asset listings, Oyster AMM for capital efficiency, up to 100x leverage, single-token liquidity, rigid risk management, and AI agent Synthia. Multi-chain (Base, Polygon, others), backed by Pantera, Polychain, Dragonfly. F token price: $0.01038, 24h volume: $88M.