Pacifica Review 2026

DEX ☆ 3.6 Updated: 2026-10-04

TL;DR

Pacifica is a non-custodial perpetual futures DEX on Solana with 77 perpetual markets, up to 50x leverage on BTC and ETH, and base fees of 0.015% maker and 0.04% taker. It launched its mainnet in June 2025 and had about 297 million dollars in 24-hour volume on October 4, 2026. Traders connect a Solana wallet and deposit USDC, with no KYC step.

Last updated: 2026-10-04 Sources: Pacifica documentation (docs.pacifica.fi): about, trading fees, margin and leverage, deposits and withdrawals, spot collateral, liquidations, fund security, order types, referral and affiliate program, points program, audits, Pacifica public API (api.pacifica.fi/api/v1/info, /info/fees, /spot_assets), Pacifica Terms of Use (app.pacifica.fi/term), last updated June 11, 2026, CoinGecko derivatives API (exchange id pacifica), DeFiLlama API (protocol pacifica-perps, TVL), Google Play listing com.pacifica.app, linked from pacifica.fi

About Pacifica

Pacifica is a non-custodial perpetual futures DEX that runs on Solana and matches orders on a central limit order book with an off-chain matching engine. Pacifica was founded in January 2025 and launched its mainnet in June 2025, according to its documentation. The Pacifica API lists 77 perpetual markets and 1 spot pair (SOL-USDC) as of October 4, 2026, covering crypto, FX pairs such as EURUSD and USDJPY, commodities, US stocks, and the SP500 index. The Terms of Use dated June 11, 2026 name SkyLake Global Corp, a Panama company, as the operator. Pacifica charges 0.015% maker and 0.04% taker at the base tier on perpetual and spot markets. Fee tiers are set by 30-day volume, and the top tier (VIP 3, above 500 million dollars) pays 0% maker and 0.028% taker. Maximum leverage is 50x on BTC, ETH, EURUSD, and USDJPY, 20x on SOL, XRP, DOGE, BNB, HYPE, and SP500, and 3x to 10x on other markets. Accounts are funded with USDC on Solana, and spot SOL counts as cross-margin collateral at an 80% loan-to-value ratio. The minimum order size is 10 dollars and funding is paid hourly. Pacifica reported about 297 million dollars in 24-hour perpetual volume on CoinGecko and 27.4 million dollars in total value locked on DeFiLlama on October 4, 2026. The documentation says Pacifica is self-funded and has raised no external capital. A points program distributes 10 million points per week, with snapshots every Thursday at 00:00 UTC. Deposits and withdrawals are still subject to Closed Beta limits of 500,000 dollars per account. Other products include user-deployed vaults, Print (yield-paying conditional orders on BTC, ETH, SOL, HYPE, and ZEC), and an Android app.

KEY FACTS

CUSTODY: non-custodial
TAKER FEE: 0.04%
MAX LEVERAGE: 50x
NETWORKS: Solana
KYC REQUIRED: No
FOUNDED: 2025

Fee Structure

MARKET	TAKER	MAKER
Perpetuals	0.04%	0.015%
Spot	0.04%	0.015%
Best Tier	0.028%	0%

Leverage & Margin

MAX LEVERAGE 50x

BTC LEVERAGE 50x

MARGIN MODES cross, isolated

Security

INSURANCE FUND No

PROOF OF RESERVES Yes

AUDITED Yes

Pros & Cons

PROS

+ Base perpetual fees of 0.015% maker and 0.04% taker, falling to 0% maker above 100 million dollars and 0.028% taker above 500 million dollars of 30-day volume
+ 77 perpetual markets in the API on October 4, 2026, including FX (EURUSD, USDJPY), commodities, US stocks, and SP500, with 50x leverage on BTC, ETH, EURUSD, and USDJPY
+ Wide order type set documented: market, limit, stop market, stop limit, TWAP from 1 minute to 24 hours, scale orders of up to 100 limit orders, OCO, and trailing stop
+ No KYC step: users connect a Solana wallet such as Phantom, Solflare, or Backpack and deposit USDC, with a 10 dollar minimum deposit and a 1 dollar withdrawal fee
+ Unified margin lets spot SOL back perpetual positions at an 80% loan-to-value ratio, and a public testnet at test-app.pacifica.fi is available for practice

CONS

− Restricted in the US, Canada, the UK, China, Russia, Ukraine, Cuba, Iran, Venezuela, Syria, North Korea, and the Philippines under the Terms of Use dated June 11, 2026, and VPN use to bypass the block is prohibited
− The docs still describe a Closed Beta: account equity for deposits is capped at 500,000 dollars and withdrawals at 500,000 dollars per 24 hours
− The docs publish one audit report (BlockSec, April 2025) and describe no insurance fund; losses beyond the backstop liquidator are covered by auto-deleveraging of profitable traders
− Total value locked of 27.4 million dollars on DeFiLlama (October 4, 2026) is below the January 2026 peak of 46.8 million dollars, and only 1 spot pair (SOL-USDC) is listed

Frequently Asked Questions

Is Pacifica safe?

Pacifica is non-custodial and holds user funds in Solana programs, with a Squads multi-signature cold vault and a spending-limited hot wallet described in its docs. BlockSec audited the perpetual contracts in April 2025. The docs describe no insurance fund, the matching engine runs off-chain, and the exchange has operated on mainnet only since June 2025.

What are Pacifica trading fees?

Pacifica charges 0.015% maker and 0.04% taker at the base tier, on both perpetual and spot markets. Fees fall with 30-day volume: 0.012% and 0.038% above 5 million dollars, 0% maker above 100 million dollars, and 0.028% taker above 500 million dollars. USDC withdrawals cost 1 dollar and deposits cost only Solana network gas.

Does Pacifica require KYC?

No, Pacifica does not ask for identity documents. Users connect a Solana wallet and deposit USDC, and the Terms of Use dated June 11, 2026 contain no KYC procedure. Access is blocked by IP address for restricted jurisdictions, including the US, Canada, the UK, China, Russia, and the Philippines, and the terms prohibit using a VPN.

What leverage does Pacifica offer?

Pacifica offers up to 50x leverage on BTC, ETH, EURUSD, and USDJPY perpetuals. SOL, XRP, DOGE, BNB, HYPE, and SP500 are capped at 20x, and other markets range from 3x to 10x. Cross margin is the default and isolated margin is available per market. Maintenance margin is half of the initial margin at maximum leverage.

Which blockchain does Pacifica use?

Pacifica runs on Solana. Deposits and withdrawals are made in USDC on Solana from wallets such as Phantom, Solflare, Backpack, or Ledger, and DeFiLlama tracks Pacifica's 27.4 million dollars of total value locked on Solana only. Order matching happens in an off-chain engine, while custody of funds stays in on-chain Solana programs.

How does the Pacifica referral program work?

A Pacifica user can create a referral link at app.pacifica.fi/referral after trading 10,000 dollars of volume. Referrers receive 10% of the points their referred users earn, and referred users get a 5% point bonus. A separate affiliate program pays up to 40% of referred trading fees, with entry by Discord ticket at the team's discretion.

Does Pacifica have a token or airdrop?

Pacifica's documentation lists no token as of October 2026. It runs a points program that distributes 10 million points each week, with snapshots every Thursday at 00:00 UTC and distribution within 24 hours. Points are earned through trading by web interface or API, and the docs say the formula is not public and changes weekly.

DATA SOURCES

Pacifica documentation (docs.pacifica.fi): about, trading fees, margin and leverage, deposits and withdrawals, spot collateral, liquidations, fund security, order types, referral and affiliate program, points program, audits · Pacifica public API (api.pacifica.fi/api/v1/info, /info/fees, /spot_assets) · Pacifica Terms of Use (app.pacifica.fi/term), last updated June 11, 2026 · CoinGecko derivatives API (exchange id pacifica) · DeFiLlama API (protocol pacifica-perps, TVL) · Google Play listing com.pacifica.app, linked from pacifica.fi

By ExchangeCompare Research Team