Perpetuals
Best perp DEX 2026, measured neutrally.
DefiLlama style ranking columns paired with the live execution quality benches OCB already runs. Live volume, open interest, fees, all-in cost and funding rate across 16 perpetual DEXes. Reproducible methodology, refreshed every minute, sources public.
Tracked venues
18 of 19
Cohort volume 30d
$343.01B
Cohort open interest
$13.08B
Avg funding ETH 24h
+2.5 bps
19 of 19 venues
| # | Venue | Chain | Vol 30dv | OI:: | Fees 30d:: | All-in fee (10x ETH):: | Funding ETH 24h:: | Vol/OI:: | Markets:: | Health:: |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |  Hyperliquid | Hyperliquid L1 | $181.64B | $10.37B | $63.90M | 4.7 bps | +3.0 bps | 18x | 177 | 85.7% |
| 2 |  Aster | BNB Chain | $50.81B | $1.17B | $5.10M | 5.1 bps | +2.7 bps | 43x | 556 | 85.7% |
| 3 |  Lighter | Lighter L2 | $38.71B | $524.99M | $3.54M | 0.3 bps | +2.3 bps | 74x | 214 | 85.7% |
| 4 |  Pacifica | Solana | $21.57B | $110.80M | $2.07M | ... | ... | 195x | 76 | 85.7% |
| 5 |  Extended | Starknet | $14.19B | $172.45M | $1.58M | 2.7 bps | ... | 82x | 301 | 85.7% |
| 6 |  GRVT | zkSync | $13.68B | $432.31M | ... | ... | ... | 32x | 194 | 71.4% |
| 7 |  Vertex | Arbitrum | $6.35B | $80.69M | $1.21M | ... | ... | 79x | 72 | 85.7% |
| 8 |  Backpack | Solana | $4.58B | ... | ... | ... | ... | ... | ... | 50.0% |
| 9 |  Polymarket | Polygon | $3.55B | $50.67M | ... | 35.5 bps | +3.0 bps | 70x | 67 | 80.0% |
| 10 |  SynFutures | Base, Arbitrum | $2.32B | ... | ... | ... | ... | ... | ... | 50.0% |
| 11 |  GMX v2 | Arbitrum | $1.63B | $72.47M | $1.80M | 6.0 bps | ... | 22x | ... | 66.7% |
| 12 |  Orderly | Multi-chain | $1.15B | ... | ... | ... | ... | ... | ... | 50.0% |
| 13 |  dYdX v4 | Cosmos | $1.13B | $41.01M | $278.5K | 9.6 bps | +1.5 bps | 27x | 99 | 85.7% |
| 14 |  Gains | Arbitrum | $999.75M | $6.45M | $404.2K | 4.0 bps | ... | 155x | 360 | 66.7% |
| 15 |  KiloEx | BSC, Base, opBNB | $295.48M | ... | ... | ... | ... | ... | ... | 50.0% |
| 16 |  Paradex | Starknet | $288.04M | $9.81M | $19.7K | 53.6 bps | +2.8 bps | 29x | 62 | 85.7% |
| 17 |  Aevo | OP Stack | $76.41M | $10.85M | ... | ... | ... | 7.0x | 231 | 71.4% |
| 18 |  Ostium | Arbitrum | $56.56M | $17.82M | $865.2K | ... | ... | 3.2x | 75 | 83.3% |
| 19 |  EdgeX | zkSync | ... | $2.55M | $620.2K | ... | ... | ... | 292 | 57.1% |
Sources: live cohort harness perp-cohort-stats (volume, OI, fees, active markets, top market). perp-fees bench (007) for the all-in cost column. perp-funding bench (036) for the funding column. All gauges scraped from the public OCB Prom, refresh interval 60s. Click a venue row to open its dedicated product page.
