Ethereal
Live Ethereal stats updated every minute: 24h volume, open interest, fees (0% maker / 0.030% taker), and up to 50x leverage across 18+ pairs on Ethereal appchain.
discontinuedEthereal markets have closed. Its official app directs users to withdraw remaining funds and move to Meridian. This page retains historical information. Official status update
Verdict
6.5/10 · how we rankEthereal is a perp DEX on Ethereal appchain.
Advantages
- Historical maker and taker fees remain available in the public product API
- The official app provides the current closure and migration notice
Considerations
- Markets are closed and cannot accept new trades
- Old fee, leverage and points information does not describe current trading terms
- Meridian requires a separate review of its market rules and fees
Last editorial review 2026-09-14 · live protocol stats refresh every minute — rating is our editorial assessment, not an objective fact.
- Fees (maker / taker)
- 0% / 0.030%
- Max leverage
- 50x
- Markets
- 18+ pairs
- Chain
- Ethereal appchain
- Launch date
- 2025-10
Ethereal — volume and open interest
Venue terms from the registry. Daily volume series since 2026-06-05; latest observed day 2026-09-15.
Ethereal markets have closed. The official app directs users to withdraw remaining funds and move to Meridian. This page preserves the former USDe-based platform and its historical fee schedule. Airdrop & points program
Live figures
- Volume 24h
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- Volume 7d
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- Volume 30d
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- Volume 1y
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- Volume all-time
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- Fees 24h
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- Fees 7d
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- Fees 30d
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- Fees 1y
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- Fees all-time
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- Open interest
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Taker fee vs other perp DEXes
Show all 36 venues▾
Published base-tier rates from each venue's fee page. A negative maker fee is a rebate. Volume tiers, referral discounts and token holdings can lower what you pay.
Rating breakdown
Key features
Recorded audits
Ethereal review 2026
Ethereal markets are closed
Ethereal's official app says that its markets have closed. The app tells users to withdraw any funds that remain. It also tells them to complete their move to Meridian. PerpFinder checked this status on September 14, 2026.
The public product API also marks all 18 listed markets as DELISTED. Its BTC order-book endpoint returns empty bids and asks. An HTTP 200 response from this endpoint does not mean that you can trade.
Historical fees and market data
The archived product records keep a 0% maker fee and a 0.03% taker fee. These fees describe the old Ethereal markets. You cannot trade at these fees. They also do not show the fees on Meridian.
PerpFinder leaves Ethereal out of active cost comparisons. It also leaves Ethereal out of funding rankings and trading links. Old charts and records can stay online with their original dates. A stored funding rate from a delisted product is not a current funding opportunity.
The former platform
Ethereal used USDe collateral. It ran an order book on its own appchain. Its old market records show leverage limits, fees and supported pairs. Those settings help explain past data. They do not give access to a live market today.
Remaining balances and the migration
Use the official Ethereal app for the withdrawal and migration notice. Check the destination and the current steps there. This review does not assume that balances move to Meridian. It makes the same choice for fee tiers, referral terms and points.
For venues that still support trading, see the active perpetual markets and the execution-cost comparison.
You can lose all your money on perp trades. Details
Frequently asked questions
Can I trade on Ethereal now?
No.
Ethereal states that its markets have closed. Its official app directs users to withdraw remaining funds and move to Meridian.
Are the displayed Ethereal fees current trading quotes?
No.
The 0% maker and 0.03% taker rates are historical product settings. Ethereal is excluded from active cost rankings.
Do Ethereal fees and points apply on Meridian?
This page does not confirm that fees, account tiers, referral terms or points carry over.
Check the current migration instructions and Meridian terms separately.