Perpetual DEX radar

Every perp DEX on your radar.

Track and compare every perpetual DEX — volume, fees, tokens and live airdrops — in one fast, no-nonsense place. Find your edge, then trade in a single click.

24h Volume $20.20B across tracked venues
Open Interest $15.45B aggregate
DEXs Tracked 46 live + upcoming
Live Airdrops 28 active / confirmed
The list

Perpetual DEX rankings

Sorted by 24h volume ($20.20B total). Click a column to re-sort, filter by tag, or search. Every “Trade” opens the venue via our link.

# Name 24h Volume Open Interest Maker Taker Token Airdrop Trade
1 Hyperliquid Hyperliquid L1 $5.80B $6.64B 0.015% 0.045% $HYPE Season 2
2 tradeXYZ Hyperliquid HIP-3 $3.52B $3.08B 0.03% 0.09% Active Trade
3 ApeX Ethereum · BNB Chain · Base · Mantle · Arbitrum $1.68B $109.5M 0.02% 0.05% $APEX Not active Trade
4 Aster Aster Chain · BNB Chain · Arbitrum · Ethereum · Solana $1.63B $1.76B 0.005% 0.04% $ASTER Stage 5
5 Lighter Ethereum $1.44B $811.8M 0% 0% $LIT Season 2 Trade
6 GRVT zkSync · Ethereum $1.41B $377.6M -0.0001% 0.045% Active
7 Pacifica Solana $985.0M $77.0M 0.015% 0.04% Active Trade
8 edgeX EDGE Chain · Arbitrum · Ethereum $884.0M $447.9M 0.012% 0.038% Active
9 Variational Ethereum · Arbitrum $757.1M $1.08B 0% 0% Active Trade
10 StandX BNB Chain · Ethereum $700.3M $87.6M 0.01% 0.04% Active
11 Extended StarkEx · Starknet $558.8M $197.7M 0% 0.025% Active Trade
12 Nado Ink $164.6M $66.0M 0.01% / rebates 0.035% Active
13 Dreamcash Ethereum $95.5M $38.0M 0.025% 0.025% Active
14 GMX Arbitrum · Avalanche $89.2M $43.5M 0.04% 0.06% $GMX Not active Trade
15 Ostium Arbitrum $78.8M $255.7M 0.03% 0.1% Active
16 dYdX dYdX Chain $77.7M $64.9M 0.01% 0.05% $DYDX Not active Trade
17 Rho Ethereum $65.6M $100.0M dynamic dynamic Active Trade
18 Vest Ethereum · Arbitrum $52.5M $77.3M 0.01% 0.01% Active
19 Reya Reya Network $47.0M $12.4M 0.04% 0.04% $REYA Active
20 Boros Ethereum $46.8M $17.0M dynamic dynamic Not active Trade
21 Gains Arbitrum · Base · Polygon · Solana $22.7M $5.6M 0.05% 0.05% $GNS Not active Trade
22 Decibel Ethereum $18.5M $3.9M 0.011% 0.034% Active Trade
23 Paradex Paradex Chain · Starknet $13.8M $9.9M dynamic dynamic XP
24 Hibachi Ethereum $12.0M $2.7M 0% 0.045% Active
25 Ethereal Ethena $10.2M $46.4M 0% 0.03% Active Trade
26 Hotstuff Ethereum $7.6M $5.2M -0.002% 0.025% Active Trade
27 Perpl Ethereum $7.5M $226.1K 0.019% 0.05% Active Trade
28 01 Solana $5.8M $2.3M 0.01% 0.035% Active
29 HYENA Ethereum $2.6M $21.1M 0.0167% 0.05% Active Trade
30 Avantis Base $899.5K $8.4M 0.06% 0.06% $AVNT Season 3
31 Rocket Ethereum $223.9K $65.9K 0.01% 0.01% Active
32 Drift Solana -0.0025% 0.035% $DRIFT Not active Trade
33 Ventuals Ethereum 0.03% 0.09% Active Trade
34 Felix Hyperliquid L1 $110.8K 0.03% 0.09% Active Trade
35 Markets Ethereum 0.038% 0.0431% $KNTQ Not active Trade
Not launched yet
36 Nunchi TBA Not launched yet Trade
37 GTE MegaETH Not launched yet Trade
38 Drake TBA Not launched yet Trade
39 Noise TBA Not launched yet Trade
40 Euphoria TBA Not launched yet Trade
41 Polyester TBA Not launched yet Trade
42 Cascade TBA Not launched yet Trade
43 Bulk TBA Not launched yet Trade
44 HelloTrade TBA Not launched yet Trade
45 Ondo Perps Ondo Not launched yet Trade
46 Bullet TBA Not launched yet Trade
Quick answers

How PerpRadar compares perp DEXs

Ranking signal

The list combines curated rank, live or manually verified volume, open interest, fees, token status and active airdrop signals. It is built for traders who need a fast comparison before opening a venue.

Editorial score

Scores are manual PerpRadar ratings from 0 to 10. Liquidity, maturity, fees, product quality, rewards upside and infrastructure risk all affect the score.

AI-readable data

The same dataset is available as structured pages, JSON-LD and a JSON feed at /perp-dexes.json so search and AI systems can understand the table without executing the UI.