Decentralized perpetual futures exchanges where you can trade leveraged positions on crypto assets directly from a self-custody wallet. Covers on-chain AMM-based, order book, and hybrid settlement models across EVM chains and Solana.
All tools independently reviewed. Updated 2026. Affiliate links marked *.
The leading on-chain perpetuals exchange on Arbitrum and Avalanche with real yield for liquidity providers
GMX is the most battle-tested decentralized perpetuals exchange, having processed over $200 billion in cumulative trading volume since its launch on Arbitrum in…
The highest-volume decentralized perpetuals exchange, now on its own Cosmos app-chain with order book matching
dYdX is the largest decentralized perpetuals exchange by trading volume, having processed hundreds of billions of dollars in cumulative volume. V4, launched in …
The fastest on-chain perp DEX with a full order book, sub-second finality, and 150+ markets
Hyperliquid is the fastest-growing decentralized perpetuals exchange in 2024–2026, built on a custom high-performance L1 (Hyperliquid L1) that achieves sub-seco…
Solana-native perpetuals exchange with spot trading, lending, and borrow markets in one protocol
Drift Protocol is the leading decentralized perpetuals exchange on Solana, combining perpetual futures, spot trading, and a borrow/lend market into a single int…