Perp DEX volume share, live 24h notional ranked
TradingAevo
Trails$4.64M
- p99
- $8.27M
- rank
- #23
- samples
- 2,876
trade.xyz
Leads$2.44B
- p99
- $2.74B
- rank
- #2
- samples
- 2,876
24h perp volume
Aevon/atrade.xyzn/a
Aevo vs trade.xyz
Aevo leads on 2 of 3 shared benchmarks, trade.xyz on 1. Aevo wins on Most tradable markets on a perp DEX, live count per venue (238 vs 108), Perp DEX volume to open interest (0.298x vs 0.622x). trade.xyz wins on Perp DEX volume share, live 24h notional ranked ($2.44B vs $4.64M). Data as of 2026-09-24 UTC.
Aevo
OP Stack perp DEX with deep options support, event-driven flow.
trade.xyz
trade.xyz operates the largest HIP-3 builder-deployed dex on Hyperliquid: 70+ tokenized US equity, index, and commodity perp markets under the xyz namespace, collecting a deployer fee on every fill.
Side by side measurements
Most tradable markets on a perp DEX, live count per venue
TradingAevo
Leads238
- p99
- 238
- rank
- #4
- samples
- 2,876
trade.xyz
Trails108
- p99
- 109
- rank
- #10
- samples
- 2,876
Active markets
Aevon/atrade.xyzn/a
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
TradingAevo
Leads0.298x
- p99
- 0.530x
- rank
- #1
- samples
- 2,876
trade.xyz
Trails0.622x
- p99
- 0.701x
- rank
- #5
- samples
- 2,876
Volume / OI (24h)
Aevon/atrade.xyzn/a
The ratio is a screen, not a verdict. Both terms are the venue's own figures (24h volume and open interest as each API reports them, in USD), so a venue that counts both legs of a fill moves its ratio without changing anything real. A very low ratio (Ostium, 0.2x) means positions held for days on thin daily volume; a very high one (Kalshi, above 40x) means a day of trading dwarfs what stays open. The bands in the methodology say what each range usually means.
Frequently asked questions
Aevo vs trade.xyz: which one is better?
Aevo and trade.xyz are compared on 3 shared OpenChainBench benchmarks. Aevo leads on Most tradable markets on a perp DEX, live count per venue. trade.xyz leads on Perp DEX volume share, live 24h notional ranked. See the live table on this page for every metric.
Which has the higher active markets, Aevo or trade.xyz?
On the Most tradable markets on a perp DEX, live count per venue benchmark, Aevo leads at 238 versus trade.xyz at 108. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher 24h perp volume, Aevo or trade.xyz?
On the Perp DEX volume share, live 24h notional ranked benchmark, trade.xyz leads at $2.44B versus Aevo at $4.64M. Live measurement is updated continuously by the OpenChainBench harness.
How is the Aevo vs trade.xyz comparison measured?
Every benchmark on this page uses the same open methodology, published at https://openchainbench.com/methodology. Data is CC-BY-4.0. Measurement harnesses are MIT-licensed.
How this pair was selected
Auto-generated pairs require: both providers in the same benchmark for seven consecutive days, at least 1000 samples per provider, observable third-party search demand, and a public /products/[slug] page on OCB. Editorially curated pairs (like this one) may publish early when search demand is high and data is accruing; panels with fewer than 100 samples are shown as provisional. The full pair ledger is versioned in the public repo.