Overview
A fully on-chain orderbook for perpetuals. Sub-second finality, no custodian, and volumes rivaling major CEXes.
Why it's on the list
This is the first on-chain perpetual exchange that feels faster than its centralized peers. Your collateral stays in your wallet, but the matching and settlement speed is indistinguishable from a top-tier CEX.
What we like
- Fully on-chain orderbook
- Sub-second trade finality
- Self-custody, non-KYC
- HYPE token revenue share
Active promotion
10% perp fee discount for 30 days
Expires May 20, 2026
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