Most tradable markets on a perp DEX, live count across 14 venues
Live count of active perpetual futures markets per venue, polled every 5 minutes from each venue's public API. Higher means more tradable instruments across crypto, forex, stocks, indices and commodities.
TL;DR. As of , Aster leads active markets at 527 (24h) on Most tradable markets on a perp DEX, live count across 14 venues. Source: OpenChainBench, https://openchainbench.com/benchmarks/perp-active-markets.
This benchmark ranks 14 major onchain perp venues by total active markets. Market count is the fastest proxy for breadth: a venue with 364 pairs gives traders access to crypto, forex (EUR/USD, GBP/USD), tokenized stocks, commodities and stock indices alongside BTC and ETH. We poll each venue's public API every 5 minutes and publish one gauge per venue. gains.trade lists 364 pairs, the widest catalog among EVM perp DEXes, vs Hyperliquid at 177 and dYdX at 114.
Methodology
The bench polls 14 perp DEX venues every 5 minutes and publishes a live count of active markets per venue. Sources: native API for most venues (Hyperliquid info metaAndAssetCtxs, Lighter orderBookDetails with market_type==perp filter, dYdX v4 indexer perpetualMarkets, Paradex markets summary, edgeX native markets, Aster fapi exchangeInfo PERPETUAL instruments, Vertex indexer, GRVT markets, Extended public markets, Aevo markets, Pacifica Solana program state, Ostium subgraph, Polymarket perps tickers). gains.trade uses the Mobula perp pairs catalog (dex=gains, mainnet chains only, arbitrum-sepolia excluded), the same source used by the perp-cohort-stats harness for all active_markets signals. Higher is better.
Frequently asked
What does this benchmark measure?
The live count of active perpetual futures markets per venue. A market is a tradable instrument with a public price feed. Higher is better: more markets means more choice for traders.
Why does gains.trade use Mobula as a source instead of its native API?
The perp-cohort-stats harness uses the Mobula perp pairs catalog for gains because Mobula curates the full market taxonomy with asset-class tags. The count is mainnet-only (testnet chains excluded) and matches the inventory gains.trade exposes on its interface.
Is market count a good proxy for venue breadth?
It is the fastest proxy. A venue with 364 markets covering crypto, forex, stocks and commodities gives traders far more choice than one with 177 crypto-only markets. Depth per market is a separate signal; pair this bench with perp-open-interest and perp-fees for the full picture.
Why is Aster first if gains.trade covers more asset classes?
Aster lists more raw instruments (all USDT-margined pairs on BNB Chain including many micro-cap crypto assets). gains.trade lists fewer instruments but across a broader set of asset classes. The bench ranks by raw count; the findings text calls out gains as the widest multi-asset catalog among EVM DEXes.
Source code github.com/ChainBench/OpenChainBench/tree/main/harnesses/perp-cohort-stats