Most tradable markets on a perp DEX, live count per venue
TradingedgeX
Leads176
- p99
- 177
- rank
- #8
- samples
- 2,876
Ostium
Trails83
- p99
- 83
- rank
- #13
- samples
- 2,876
edgeX leads on 1 of 3 shared benchmarks, Ostium on 2. edgeX wins on Most tradable markets on a perp DEX, live count per venue (176 vs 83). Ostium wins on Perp DEX capital efficiency (7 vs 3), Perp DEX volume to open interest (0.361x vs 2.63x). Data as of 2026-09-23 UTC.
StarkEx-settled perp DEX with low taker fees and a documented public REST API.
Arbitrum-based perp DEX specialized in RWA exposure including FX, commodities and indices.
edgeX
Leads176
Ostium
Trails83
edgeX
Trails3
Ostium
Leads7
TVL from DefiLlama /protocol/{slug} currentChainTvls, excluding staking and pool2 categories. Market count from each venue's native API (same source as the perp-active-markets bench). The ratio reflects architectural choices, not absolute liquidity: a high ratio means the venue can list many markets cheaply, not that each market has deep liquidity. Compare with perp-volume-share for the liquidity angle.
| Provider | Fees 30d | Revenue 30d | Open interest | Fees / OI |
|---|---|---|---|---|
| edgeX | $5.05M | $3.65M | $617.37M | 0.100x |
| Ostium | $126.4K | $36.0K | $6.42M | 0.240x |
P/F = circulating market cap (CoinGecko) / annualized fees (DeFiLlama dailyFees, trailing 30d x 365/30), on the DeFiLlama parent the token accrues from. Fees include the share paid to liquidity providers; P/S uses protocol revenue only. Low-float tokens show a much higher FDV/F than P/F. Pre-TGE venues are listed unranked with fees and OI, no ratio. A low multiple is not a recommendation.
edgeX
Trails2.63x
Ostium
Leads0.361x
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.
edgeX and Ostium are compared on 4 shared OpenChainBench benchmarks. edgeX leads on Most tradable markets on a perp DEX, live count per venue. Ostium leads on Perp DEX capital efficiency. See the live table on this page for every metric.
On the Most tradable markets on a perp DEX, live count per venue benchmark, edgeX leads at 176 versus Ostium at 83. Live measurement is updated continuously by the OpenChainBench harness.
On the Perp DEX capital efficiency benchmark, Ostium leads at 7 versus edgeX at 3. Live measurement is updated continuously by the OpenChainBench harness.
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.
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.