Perpetuals
Best perp DEX 2026, measured neutrally.
DefiLlama style ranking columns paired with the live execution quality benches OCB already runs. Live volume, open interest, fees, all-in cost and funding rate across 16 perpetual DEXes. Reproducible methodology, refreshed every minute, sources public.
Tracked venues
12 of 15
Cohort volume 30d
$236.36B
Cohort open interest
$9.11B
Avg funding ETH 24h
+1.2 bps
15 of 15 venues
| # | Venue | Chain | Vol 30dv | OI:: | Fees 30d:: | All-in fee (10x ETH):: | Funding ETH 24h:: | Vol/OI:: | Markets:: | Health:: |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |  Hyperliquid | Hyperliquid L1 | $94.07B | $6.73B | $46.77M | 4.8 bps | +1.8 bps | 14x | 177 | 85.7% |
| 2 |  Aster | BNB Chain | $39.30B | $949.65M | $4.36M | 5.0 bps | +1.2 bps | 41x | 533 | 85.7% |
| 3 |  Lighter | Lighter L2 | $33.13B | $430.10M | $2.45M | 0.4 bps | +2.2 bps | 77x | 205 | 85.7% |
| 4 |  GRVT | zkSync | $27.15B | $354.41M | ... | ... | ... | 77x | 173 | 71.4% |
| 5 |  Pacifica | Solana | $19.29B | $99.65M | ... | ... | ... | 194x | 75 | 71.4% |
| 6 |  Extended | Starknet | $12.87B | $186.86M | $1.51M | 2.8 bps | ... | 69x | 281 | 85.7% |
| 7 |  EdgeX | zkSync | $3.26B | $124.17M | $468.3K | 4.2 bps | ... | 26x | 292 | 42.9% |
| 8 |  Polymarket | Polygon | $3.23B | $29.17M | ... | 4.3 bps | +1.8 bps | 111x | 39 | 80.0% |
| 9 |  Vertex | Arbitrum | $2.80B | $69.55M | $621.9K | ... | ... | 40x | 61 | 85.7% |
| 10 |  dYdX v4 | Cosmos | $1.00B | $36.22M | $230.8K | 7.8 bps | -1.5 bps | 28x | 99 | 85.7% |
| 11 |  Paradex | Starknet | $192.43M | $7.71M | $17.1K | 5.3 bps | +2.0 bps | 25x | 62 | 85.7% |
| 12 |  Aevo | OP Stack | $71.45M | $9.31M | ... | ... | ... | 7.7x | 217 | 71.4% |
| 13 |  GMX v2 | Arbitrum | ... | $51.46M | $1.43M | 6.0 bps | ... | ... | ... | 50.0% |
| 14 |  Gains Network | Arbitrum | ... | $4.71M | $410.8K | 4.0 bps | ... | ... | 368 | 66.7% |
| 15 |  Ostium | Arbitrum | ... | $22.53M | $1.09M | ... | ... | ... | 75 | 66.7% |
Sources: live cohort harness perp-cohort-stats (volume, OI, fees, active markets, top market). perp-fees bench (007) for the all-in cost column. perp-funding bench (036) for the funding column. All gauges scraped from the public OCB Prom, refresh interval 60s. Click a venue row to open its dedicated product page.