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0xdetweiler Avatar Theo @0xdetweiler on x 15.3K followers Created: 2025-07-22 06:50:05 UTC

looked into the perps dexes landscape and these are the ones i could find. some pre-existing, some pre-tge or still in development.

here's a list (in no particular order):

@Lighter_xyz - built on ETH L2 with zk circuits. probably one of the most well known and eagerly anticipated perps dex launches. (no token)

@pacifica_fi - ex-FTX team. building everything from scratch on rust. hybrid model off-chain matching engine and orderbook, with onchain settlement and self custody. (no token)

@edgeX_exchange - perps + spot. incubated by ambergroup. (no token yet)

@GTE_XYZ - built on megaETH. backed by paradigm.

@variational_io - zero fees perps dex. uses RFQs and not CLOB. (no token yet)

@hibachi_xyz - built with celestia and succint labs. CLOB with zk proofs. (no token)

@extendedapp - built by ex-Revolut team. on starknet. (no token)

@tradeparadex - backed by paradigm. perp options. privacy. (no token, but a lot of talk about the $dime token and its tokenomics on their X)

@SatoriFinance - backed by polychain, cb, etc. (no token)

@PolynomialFi - powered by pyth on eth. built using op stack. (no token)

@VestExchange - lets u trade NYSE markets. (no token yet)

@dangoXchg - app that lets you trade perps. (no token yet)

@HelixApp_ - perps and tradfi assets. built on injective. (no token yet)

@CarbonTerminal - tg app that lets u trade perps. used to be intentx and has rebranded. (no token yet)

@avantisfi - lets u trade fx, commodities and crypto. backed by pantera. (no token yet)

@OstiumLabs - lets u trade fx, commodities and crypto. (no token yet)

@perenniallabs - perps rollup on base. backed by polychain. (no token yet)

@Aster_DEX - lets u also long and short stocks. (no token yet)

@derp_trade - launch a coin on and leverage 100x. pretty insane concept, lol. (no token yet)

@vibe_trading - powered by symm. (no token yet)

@valhalla_defi - built on megaETH. (no token yet)

@bulletxyz_ - solana based perps dex. (has a token)

@OrderlyNetwork - launch perps instantly. has a token.

these are all the perps dexes i could find. im sure there are more that i am missing.

i would recommend taking a look at them all, picking a few to either airdrop farm/use or speculate on the token thats already live.

🫡

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