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Reya review

Live Reya stats updated every minute: 24h volume and open interest. The position fee is 0.03%. It applies when a position opens and again when it closes. This venue does not use a maker/taker order-book fee schedule. Maximum leverage is 100x.

Verdict

7.5/10 · how we rank

Reya is a perp DEX on Reya Network. The position fee is 0.03% when opening and again when closing.

Advantages

  • Current Arbitrum Orbit network is customized for derivatives trading
  • Regular Tier 0 fee of 0.03% for each executed position change
  • Modular architecture allows composable DeFi integrations
  • Active points program for early network participants

Considerations

  • New network with developing ecosystem
  • Pool slippage can change the execution price
  • Requires bridging to the Reya Network

Last editorial review 2026-08-11 · live protocol stats refresh every minute — rating is our editorial assessment, not an objective fact.

Position fee
0.03%
Charged
Open and close
Max leverage
100x
Markets
69+ pairs
Chain
Reya Network
Launch date
2024-06

Reya — volume and open interest

Venue terms from the registry. Daily volume series since 2026-06-05; latest observed day 2026-10-03.

Reya DEX uses a passive liquidity pool with price oracle inputs. The regular Tier 0 fee is 0.03% for each executed position change. Its public API listed 69 markets on August 11, 2026, with pair-specific leverage up to 100x. Airdrop & points program

Trade on Reya — 10% fee discount for referred traders

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Live figures

Refreshes every minute
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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Volume data via DefiLlama

Position fee model

Reya does not use a standard maker/taker schedule. 0.03% when opening and again when closing; Regular Tier 0 fee for each executed position increase or decrease. Volume tiers can lower it. Price impact and funding are separate. PerpFinder excludes this venue from maker/taker rankings. Confirm the selected market and all variable costs before trading.

Rating breakdown

Fees
8.5
Security
7
Features
8
Liquidity
7

Key features

Modular trading networkPassive pool execution with price oracle inputsPoints programComposable liquidity layerCross-margin portfolio

Recorded audits

Ackee Blockchain

Reya review 2026

What Reya is

Reya is a perp exchange and network. Its current chain guide says the network uses a modified Arbitrum Orbit fork.

Reya plans to move from its current rollup to a based zero-knowledge rollup. The roadmap says the move will occur in stages. This review does not mark a planned stage as complete.

Audits

Ackee Blockchain audited Reya. Reya's audit list gives the scope and findings. An audit covers only the code in its scope. It does not remove smart contract, network, price oracle, or pool risk.

Fees in detail

The Reya fee API returned 0.0004 in both fee fields for regular Tier 0 on August 11, 2026. The two equal fields do not show an order-book maker discount. Reya uses its passive pool to execute position changes.

PerpFinder lists one 0.03% position fee. It applies to each executed increase or decrease. A trader pays the fee when a position opens. The trader pays it again when the position closes. Regular 14-day volume tiers can lower the rate.

A $10,000 position increase costs $4 at Tier 0. A later $10,000 decrease costs another $4. A full cycle at the same notional costs $8 before the referral discount, price impact, and funding.

The passive-pool contract guide says the pool starts with the oracle price. The pool then changes that price for slippage and exposure after the trade. Price impact and funding are separate from the position fee.

Volume and market data

Trading volume and open interest change each day. The DefiLlama Reya Perps page shows current data. Our perpetuals page also shows current data.

The public market API returned 69 records on August 11, 2026. Some records had a zero open-interest cap. Thus, fewer markets can be available.

Who Reya is for

Traders who want pool trades can compare Reya with other price oracle venues. Check the pool quote before you submit a large position change.

Check the current Arbitrum Orbit network on its own. The based-rollup design is still planned. Roadmap dates do not prove that a stage is complete.

Traders should check the funding rates and open interest on our perps page. The Reya API returned 69 market records on August 11, 2026. Some markets had a zero open-interest cap.

Using Reya

Cross-margin lets positions share one collateral pool. A gain on one position can cover part of the margin need on another position. Traders must still check the live collateral, haircut, and liquidation rules.

The app at app.reya.xyz requires a bridge to Reya Network. The token page says the token release will start at a future token launch. The RCP page says the points cannot be transferred. It says the points support that future release.

Reya's current setup and data

Most reviews list Reya's fees and stop there. This review adds:

  1. The current Arbitrum Orbit network and the planned based-rollup steps.
  2. The passive pool and its price oracle inputs.
  3. The 69 market records returned by the public API on August 11, 2026.
  4. The current position fee model. Price impact and funding are listed as separate costs.

Frequently asked questions

What is the maximum leverage on Reya?

The public market API listed pair-specific leverage up to 100x on August 11, 2026.

BTC was 40x and ETH was 25x in that snapshot.

What are the trading fees on Reya?

Regular Tier 0 charges 0.03% for each executed position increase or decrease.

Volume tiers can lower the fee. Price impact and funding are separate.

How many trading pairs does Reya support?

The public API returned 69 market definitions on August 11, 2026.

Some markets had a zero open-interest cap, so current availability can be lower.

Has Reya been audited for security?

Ackee Blockchain reviewed defined Reya contracts in the published audit scope.

The audit does not cover every network, interface, price oracle, or operational risk.

What is the Reya Network?

Reya Network currently uses a heavily customized Arbitrum Orbit fork.

Reya plans an iterative transition to a based zero-knowledge rollup in several stages.

What is composable liquidity on Reya?

Reya's modular architecture allows other protocols and applications to build on top of its liquidity and settlement layer.

This means the liquidity pool can serve multiple protocols simultaneously rather than being siloed to one application.

Does Reya have a points program?

Yes.

Reya distributes RCP weekly. Referred users receive a 10% trading-fee discount. Their referrer earns 10% of the users' RCP and 10% of their trading fees.

Trade on Reya

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