Most tradable markets on a perp DEX, live count per venue
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 594 (24h) across 22 ranked venues. Source: OpenChainBench, https://openchainbench.com/benchmarks/perp-active-markets.
This benchmark ranks the major onchain perp venues by total active markets. Market count is the fastest proxy for breadth: a venue with hundreds of 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. Aster lists the most today at 594; Gains at 355 spans crypto, forex, stocks and commodities, Ondo Perps at 65 is mostly stocks and ETFs, Hyperliquid at 178 is crypto only.
Methodology
The bench polls the perp DEX cohort 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, Nado gateway, GRVT markets, Extended public markets, Aevo markets, Pacifica Solana program state, Ostium subgraph, Polymarket perps tickers). Gains 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.
Results: 22 venues ranked by Active markets (24h)
| № | Venues | p50 | Success |
|---|---|---|---|
| 1 | Aster | 594 | 99.99% |
| 2 | Gains | 355 | 79.97% |
| 3 | Extended | 326 | 98.56% |
| 4 | Aevo | 238 | 82.81% |
| 5 | Lighter | 211 | 99.95% |
| 6 | GRVT | 194 | 83.30% |
| 7 | edgeX | 181 | 83.33% |
| 8 | Hyperliquid | 178 | 99.95% |
| 9 | ApeX Omni | 126 | 80.00% |
| 10 | trade.xyz | 110 | 80.00% |
| 11 | Polymarket | 88 | 80.00% |
| 12 | Vest | 88 | 74.98% |
| 13 | Ostium | 83 | 99.99% |
| 14 | Pacifica | 78 | 99.99% |
| 15 | Nado | 75 | 83.28% |
| 16 | dYdX v4 | 73 | 99.99% |
| 17 | Ondo Perps | 65 | 79.94% |
| 18 | Paradex | 64 | 99.99% |
| 19 | Lighter RH | 58 | 80.00% |
| 20 | Kalshi | 23 | 80.00% |
| 21 | StandX | 13 | 79.89% |
| 22 | Jupiter Perps | 3 | 80.00% |
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 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 exposes on its interface.
Is market count a good proxy for venue breadth?
It is the fastest proxy. A venue with 355 markets covering crypto, forex, stocks and commodities (Gains) gives traders far more choice than one with 178 crypto-only markets (Hyperliquid). Depth per market is a separate signal; pair this bench with perp-volume-share and perp-fees for the full picture.
Can a venue with more asset classes rank below one with more instruments?
Yes. Aster, for example, lists more raw instruments (all USDT-margined pairs on BNB Chain including many micro-cap crypto assets). Gains 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