Most tradable markets on a perp DEX, live count per venue
TradingOstium
Trails83
- p99
- 83
- rank
- #13
- samples
- 2,876
trade.xyz
Leads115
- p99
- 115
- rank
- #10
- samples
- 2,876
Active markets
Ostiumn/atrade.xyzn/a
Ostium vs trade.xyz
Ostium leads on 1 of 3 shared benchmarks, trade.xyz on 2. Ostium wins on Perp DEX volume to open interest (0.165x vs 0.935x). trade.xyz wins on Most tradable markets on a perp DEX, live count per venue (115 vs 83), Perp DEX asset breadth (115 vs 74). Data as of 2026-10-23 UTC.
Ostium
Arbitrum-based perp DEX specialized in RWA exposure including FX, commodities and indices.
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
Perp DEX asset breadth: non-crypto markets live, stocks + indices + forex + commodities
TradingOstium
Trails74
- p99
- 74
- rank
- #7
- samples
- 2,876
trade.xyz
Leads115
- p99
- 115
- rank
- #4
- samples
- 2,876
Non-crypto markets
Ostiumn/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
TradingOstium
Leads0.165x
- p99
- 0.236x
- rank
- #2
- samples
- 2,876
trade.xyz
Trails0.935x
- p99
- 1.036x
- rank
- #8
- samples
- 2,876
Volume / OI (24h)
Ostiumn/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
Ostium vs trade.xyz: which one is better?
Ostium and trade.xyz are compared on 3 shared OpenChainBench benchmarks. Ostium leads on Perp DEX volume to open interest. trade.xyz leads on Most tradable markets on a perp DEX, live count per venue. See the live table on this page for every metric.
Which has the lower volume / oi (24h), Ostium or trade.xyz?
On the Perp DEX volume to open interest benchmark, Ostium leads at 0.165x versus trade.xyz at 0.935x. Live measurement is updated continuously by the OpenChainBench harness.
Which has the higher active markets, Ostium or trade.xyz?
On the Most tradable markets on a perp DEX, live count per venue benchmark, trade.xyz leads at 115 versus Ostium at 83. Live measurement is updated continuously by the OpenChainBench harness.
How is the Ostium 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.