Live rankings
All Perpetual Futures Exchanges
Every CEX and DEX perpetual futures exchange ranked by live volume, fees and open interest. 100+ venues compared, updated every 1–5 minutes.
45 DEX venuesLive data
Top Exchanges by Volume
Live rankingComparable venue values with CEX and DEX identity preserved.
| Volume | Fees / est. | |||||||
|---|---|---|---|---|---|---|---|---|
| # | ||||||||
| 1 | $2.67b+1.2% | - | — | 0.045% | — | - | ||
| 2 | $1.02b-6.4% | - | — | 0.05% | — | - | ||
| 3 | $1.01b-27.7% | - | — | 0.04% | — | - | ||
| 4 | $940.3m-12.4% | - | — | 0% | — | - | ||
| 5 | $912.2m-16.4% | - | — | 0% | — | - | ||
| 6 | $702.5m-9.9% | - | — | 0.038% | — | - | ||
| 7 | $554.9m+17.2% | - | — | 0.045% | — | - | ||
| 8 | $357.6m+26.4% | - | — | 0.04% | — | - | ||
| 9 | $301.3m-27.6% | - | — | — | — | - | ||
| 10 | $273.5m+1.7% | - | — | — | — | - | ||
| 11 | $258.2m+1.5% | - | — | 0.025% | — | - | ||
| 12 | $211.6m+103.0% | - | — | — | — | - | ||
| 13 | $203.6m-19.8% | - | — | 0.04% | — | - | ||
| 14 | $202.3m+3.8% | - | — | 0.035% | — | - | ||
| 15 | $168.7m+18.8% | - | — | 0.035% | — | - | ||
| 16 | $167.1m+24.0% | - | — | 0.01% | — | - | ||
| 17 | $164.5m+5.6% | - | — | — | — | - | ||
| 18 | $123.4m+531.7% | - | — | — | — | - | ||
| 19 | $92.4m-9.4% | - | — | 0.03% | — | - | ||
| 20 | $77.2m-2.0% | - | — | — | — | - | ||
| 21 | $73.4m-21.6% | - | — | 0.069% | — | - | ||
| 22 | $68.0m-11.3% | - | — | — | — | - | ||
| 23 | $66.5m-26.7% | - | — | 0.04% | — | - | ||
| 24 | $64.2m-10.3% | - | — | — | — | - | ||
| 25 | $61.7m-13.2% | - | — | — | — | - | ||
| 26 | $59.7m-9.3% | - | — | — | — | - | ||
| 27 | $48.6m-10.6% | - | — | — | — | - | ||
| 28 | $47.9m+4.3% | - | — | — | — | - | ||
| 29 | $43.2m+21.9% | - | — | — | — | - | ||
| 30 | $41.5m+15.7% | - | — | 0.03% | — | - | ||
| 31 | $41.4m-0.3% | - | — | 0.034% | — | - | ||
| 32 | $37.5m-0.1% | - | — | — | — | - | ||
| 33 | $36.1m-4.2% | - | — | — | — | - | ||
| 34 | $22.3m-0.0% | - | — | — | — | - | ||
| 35 | $22.2m-6.3% | - | — | — | — | - | ||
| 36 | $20.8m+2.4% | - | — | — | — | - | ||
| 37 | $18.7m-3.0% | - | — | — | — | - | ||
| 38 | $15.4m+41.4% | - | — | — | — | - | ||
| 39 | $14.4m-89.8% | - | — | — | — | - | ||
| 40 | $11.8m+4.3% | - | — | — | — | - | ||
| 41 | $9.8m+389.7% | - | — | — | — | - | ||
| 42 | $9.1m+3.6% | - | — | — | — | - | ||
| 43 | $8.4m-51.6% | - | — | — | — | - | ||
| 44 | $8.3m-37.6% | - | — | 0.045% | — | - | ||
| 45 | $7.5m+624161.8% | - | — | — | — | - | ||
| 46 | $7.3m-9.5% | - | — | — | — | - | ||
| 47 | $6.1m-88.7% | - | — | 0.05% | — | - | ||
| 48 | $6.1m+1220.8% | - | — | — | — | - | ||
| 49 | $4.9m+25.6% | - | — | — | — | - | ||
| 50 | $4.5m-62.4% | - | — | — | — | - | ||
Find the best perp DEX for your use case
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Active tracked perpetual DEXes
Reviews and live data for active perpetual futures DEXes, including newer or lower-volume venues outside the live volume ranking.
Historical venue records
These reviews document venues that are offline or discontinued. They are not part of the live ranking.
How Perpetual Futures DEXes Work
Perpetual futures DEXes let you trade leveraged long and short positions from a wallet. Execution and custody models still differ: some use a purpose-built chain, some match off-chain and settle on-chain, and others route positions against a liquidity pool. Smart contracts, bridges, sequencers, oracles, and frontends each add distinct risks. If you are new to the concept, our guide on what perpetual futures are covers the fundamentals.
Compare fees, spread, market impact, funding, leverage limits, and liquidation rules for the exact market. Each factor can change the result. Use reported 24h volume as activity context rather than proof of book depth, open interest for outstanding positioning, and funding rates for holding-cost context. Our guide on how to trade perps on a DEX covers the workflow and risk checks.
The ranking combines the latest successful source responses; timestamps and partial states are shown where available. Review active venues with different models, including Hyperliquid, Lighter, and Gains Network. You can also view volume by chain and read the funding-rate explainer before comparing costs.
Explore more: centralized venues on the exchange rankings, EU-licensed venues on the MiCA tracker, active airdrops & points programs, live trading-cost comparison, and current referral deals.
Perpetual DEX questions
What are perpetual futures DEXes?
Perpetual futures DEXes let traders open leveraged long and short positions through a wallet. Custody and execution models differ by venue. Smart contracts, bridges, oracles, sequencers, liquidation systems, and interfaces can fail.
Why does comparing perp DEXes matter?
Fees, spread, slippage, funding, leverage limits, and liquidation rules vary by venue and market. Reported volume measures activity and does not prove depth. Open interest measures outstanding positions.
Where does PerpFinder get its data?
PerpFinder combines direct venue APIs, DefiLlama, Coinalyze, and public on-chain data. Each table shows available timestamps and partial-data states. The methodology explains how each metric is normalized.