Live perp DEX data · updated 2026-10-27 15:17 UTC
Every perp DEX, ranked live.
Volume, open interest, market share and 30-day trends for 14 decentralized perpetual exchanges, with plain-English reviews, real fees and referral discounts.
Hot right now
Fastest 7-day volume growth among exchanges trading over $200M a day, then the biggest by volume.
Perp DEX rankings
Sorted by 24-hour volume. Tap a column to sort. Updated 2026-10-27 15:17 UTC.
| # | 30 days | ||||||
|---|---|---|---|---|---|---|---|
| 1 | $7.09B | -10.1% | $15.42B | 347 | |||
| 2 | $2.29B | -10.4% | $1.96B | 581 | |||
| 3 | $1.74B | +2.9% | $1.08B | 199 | |||
| 4 | $1.46B | -8.7% | $1.44B | 619 | |||
| 5 | $744.7M | -2.8% | $119.4M | 77 | |||
| 6 | $485.9M | -0.6% | $201.0M | 332 | |||
| 7 | $464.2M | +4.7% | $428.9M | 184 | |||
| 8 | $391.2M | -29.3% | $266.4M | 190 | |||
| 9 | $336.4M | -10.8% | $148.2M | 127 | |||
| 10 | $315.6M | -26.2% | $267.8M | 228 | |||
| 11 | $67.3M | -2.7% | $45.2M | 76 | |||
| 12 | $59.6M | -9.6% | $91.6M | 140 | |||
| 13 | $15.2M | +39.0% | $9.6M | 65 | |||
| 14 | $13.1M | – | $2.4M | 262 |
Source: CoinGecko derivatives API (volume, open interest, markets) and daily volume history. Figures are converted from BTC at $80,199. Exchanges report their own volume; treat small differences as noise.
Market share
Share of 24h volume across the 14 tracked perp DEXs.
- Hyperliquid 45.8%
- Variational 14.8%
- Lighter 11.2%
- Aster 9.5%
- Pacifica 4.8%
- Extended 3.1%
- GRVT 3.0%
- edgeX 2.5%
- Others 5.2%
Questions traders ask
What is a perp DEX?
A perp DEX is a decentralized exchange for perpetual futures: contracts with no expiry date that let you go long or short with leverage. You trade from your own wallet instead of handing funds to a company. 14 of the biggest ones are ranked live on this page.
Which DEX has the highest perp volume?
Right now it is Hyperliquid, with $7.09B traded in the last 24 hours, about 46% of the volume across the 14 exchanges we track. Variational ($2.29B) and Lighter ($1.74B) follow.
Which DEX is best for perps?
It depends on what you trade and where you live. Compare liquidity (24h volume and open interest), fees, the markets listed and whether the exchange serves your country. Each exchange page shows live data, and our reviews explain fees and risks in plain English.
How often is this data updated?
About every 15 minutes. Volume, open interest and pair counts come from the CoinGecko derivatives API; 30-day trends come from daily volume history. Last update: 2026-10-27 15:17 UTC.