Perpetual DEX Statistics 2026
Trading volume, TVL, fees, and leverage across 19 active decentralized perpetual exchanges. Refreshed daily from DeFiLlama, CoinGecko, and official sources.
Last updated: 2026-10-04
As of 2026-10-04, the 19 perpetual DEXs tracked by ExchangeCompare processed a combined $7.2B in 24-hour trading volume and held $10.0B in total value locked. Hyperliquid is the volume leader at $2.3B (~32.2% of tracked volume), while Lighter offers the lowest standard taker fee at 0%.
Market Share by 24h Volume
| # | Exchange | 24h Volume | Share |
|---|---|---|---|
| 1 | Hyperliquid | $2.3B | 32.2% |
| 2 | Variational | $907M | 12.5% |
| 3 | EVEDEX | $709M | 9.8% |
| 4 | Aster | $668M | 9.2% |
| 5 | Lighter | $511M | 7.1% |
| 6 | GRVT | $481M | 6.7% |
| 7 | StandX | $322M | 4.5% |
| 8 | Pacifica | $297M | 4.1% |
| 9 | edgeX | $293M | 4.1% |
| 10 | Arcus | $238M | 3.3% |
| 11 | Extended | $181M | 2.5% |
| 12 | Nado | $128M | 1.8% |
| 13 | GMX | $83M | 1.1% |
| 14 | Veranta | $50M | 0.7% |
| 15 | BULK | $21M | 0.3% |
| 16 | Paradex | $6M | 0.1% |
| 17 | dYdX | $3M | 0.0% |
| 18 | Aevo | $2M | 0.0% |
Total Value Locked (TVL)
| # | Exchange | TVL |
|---|---|---|
| 1 | Hyperliquid | $7.3B |
| 2 | Aster | $793M |
| 3 | Lighter | $768M |
| 4 | Velocity | $343M |
| 5 | GMX | $246M |
| 6 | Extended | $122M |
| 7 | dYdX | $108M |
| 8 | edgeX | $61M |
| 9 | Nado | $53M |
| 10 | Arcus | $38M |
| 11 | GRVT | $34M |
| 12 | Paradex | $32M |
| 13 | Pacifica | $27M |
| 14 | StandX | $26M |
| 15 | Aevo | $15M |
| 16 | Veranta | $11M |
| 17 | BULK | $8M |
| 18 | EVEDEX | $4M |
Perpetual Fees (Taker / Maker)
| # | Exchange | Taker | Maker | Max Leverage |
|---|---|---|---|---|
| 1 | Lighter | 0% | 0% | 50x |
| 2 | Paradex | 0% | 0% | 50x |
| 3 | Variational | 0% | 0% | 50x |
| 4 | Arcus | 0.0225% | 0% | 50x |
| 5 | Extended | 0.025% | 0% | 100x |
| 6 | BULK | 0.035% | 0% | 40x |
| 7 | Nado | 0.035% | 0.01% | 50x |
| 8 | Aster | 0.04% | 0% | 1001x |
| 9 | Pacifica | 0.04% | 0.015% | 50x |
| 10 | StandX | 0.04% | 0.01% | 40x |
| 11 | edgeX | 0.045% | 0.04% | 100x |
| 12 | EVEDEX | 0.045% | 0.015% | 200x |
| 13 | GRVT | 0.045% | -0.0001% | 50x |
| 14 | Hyperliquid | 0.045% | 0.015% | 50x |
| 15 | Veranta | 0.045% | 0.001% | 500x |
| 16 | dYdX | 0.05% | 0.01% | 50x |
| 17 | GMX | 0.06% | 0.04% | 100x |
| 18 | Velocity | 0.06% | -0.0025% | 20x |
| 19 | Aevo | 0.08% | 0.05% | 20x |
Maximum Leverage
| # | Exchange | Max Leverage | Type |
|---|---|---|---|
| 1 | Aster | 1001x | dex |
| 2 | Veranta | 500x | dex |
| 3 | EVEDEX | 200x | hybrid |
| 4 | edgeX | 100x | dex |
| 5 | Extended | 100x | dex |
| 6 | GMX | 100x | dex |
| 7 | Arcus | 50x | dex |
| 8 | dYdX | 50x | dex |
| 9 | GRVT | 50x | hybrid |
| 10 | Hyperliquid | 50x | dex |
| 11 | Lighter | 50x | dex |
| 12 | Nado | 50x | dex |
| 13 | Pacifica | 50x | dex |
| 14 | Paradex | 50x | hybrid |
| 15 | Variational | 50x | dex |
| 16 | BULK | 40x | dex |
| 17 | StandX | 40x | dex |
| 18 | Aevo | 20x | dex |
| 19 | Velocity | 20x | dex |
Sources: DeFiLlama and CoinGecko APIs plus official exchange documentation. Data is refreshed daily; figures reflect the snapshot dated 2026-10-04. See individual exchange pages for full breakdowns, or compare any two on the best-of rankings.
Perpetual DEX Statistics FAQ
Which perpetual DEX has the highest trading volume in 2026?
Hyperliquid leads with $2.3B in 24h volume, about 32.2% of the combined volume across the 19 decentralized exchanges tracked here (as of 2026-10-04).
What is the total trading volume across perpetual DEXs?
The 19 perpetual DEXs tracked on ExchangeCompare did a combined $7.2B in 24h trading volume and hold $10.0B in total value locked (TVL), as of 2026-10-04.
Which perpetual DEX has the lowest fees?
Lighter has the lowest standard perpetual taker fee at 0%. Several DEXs including Lighter and Paradex offer 0% fees for retail traders.
How many perpetual DEXs require KYC?
Of the 19 active perpetual DEXs tracked here, 19 require no KYC — you connect a wallet and trade. Only hybrid/regulated venues like GRVT require identity verification.