Perp DEX volume share, live 24h notional ranked
TradingApeX Omni
Trails$365.18M
- p99
- $368.83M
- rank
- #10
- samples
- 2,880
trade.xyz
Leads$1.26B
- p99
- $1.99B
- rank
- #3
- samples
- 2,880
24h perp volume
ApeX Omnin/atrade.xyzn/a
ApeX Omni vs trade.xyz
ApeX Omni leads on 1 of 4 shared benchmarks, trade.xyz on 3. ApeX Omni wins on Most tradable markets on a perp DEX, live count per venue (126 vs 114). trade.xyz wins on Perp DEX volume share, live 24h notional ranked ($1.26B vs $365.18M), Perp DEX asset breadth (114 vs 40), Perp DEX volume to open interest (0.354x vs 2.33x). Data as of 2026-10-10 UTC.
ApeX Omni
ApeX is an orderbook perpetuals exchange (ApeX Omni, formerly ApeX Pro) with omnichain deposits and off-chain matching. APEX is the protocol token.
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
TradingApeX Omni
Leads126
- p99
- 126
- rank
- #9
- samples
- 2,880
trade.xyz
Trails114
- p99
- 114
- rank
- #10
- samples
- 2,880
Active markets
ApeX Omnin/atrade.xyzn/a
Perp DEX asset breadth: non-crypto markets live, stocks + indices + forex + commodities
TradingApeX Omni
Trails40
- p99
- 40
- rank
- #10
- samples
- 2,880
trade.xyz
Leads114
- p99
- 114
- rank
- #4
- samples
- 2,880
Non-crypto markets
ApeX Omnin/atrade.xyzn/a
Counts reflect each venue's live market catalog at query time, mainnet only. The asset class comes from the venue's own metadata where it publishes one; Hyperliquid HIP-3 dexes and dYdX publish none, so their symbols are matched against the crypto markets the other venues list and a fixed table of forex, commodity and index names. Tokenized gold (PAXG, XAUT) is a crypto token and is not counted. A market counts once whether it trades 24/7 or only during exchange hours.
Perp DEX volume to open interest: 24h turnover per dollar of OI, live
TradingApeX Omni
Trails2.33x
- p99
- 2.35x
- rank
- #18
- samples
- 2,880
trade.xyz
Leads0.354x
- p99
- 0.558x
- rank
- #5
- samples
- 2,880
Volume / OI (24h)
ApeX Omnin/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
ApeX Omni vs trade.xyz: which one is better?
ApeX Omni and trade.xyz are compared on 4 shared OpenChainBench benchmarks. ApeX Omni 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, ApeX Omni or trade.xyz?
On the Most tradable markets on a perp DEX, live count per venue benchmark, ApeX Omni leads at 126 versus trade.xyz at 114. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher 24h perp volume, ApeX Omni or trade.xyz?
On the Perp DEX volume share, live 24h notional ranked benchmark, trade.xyz leads at $1.26B versus ApeX Omni at $365.18M. Live measurement is updated continuously by the OpenChainBench harness.
How is the ApeX Omni 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.
Related comparisons
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.