Arbitrum Perpetuals Decentralized Exchanges

Ostium — Decentralized perps on Arbitrum; 200× leverage; RWAs like oil, gold, S&P 500; $3.5M funding.

GMX — Arbitrum & Avalanche,Decentralized perps & spot; GLP pool liquidity; low fees; up to ~50× leverage.

Orderly — is an omnichain CLOB infrastructure that lets builders on any blockchain integrate fast, transparent, and composable trading with CEX-level performance.

Reya Network — Optimistic rollup L2 Ethereum rollup (based on Arbitrum Orbit) specifically for perps, up to 100× leverage, backed by Framework, Coinbase Ventures, and Wintermute.

Hibachi — High-speed decentralized exchange; 6ms latency; zk-proven trades; Celestia-based privacy.

SynFutures — multi-chain perp DEX enabling anyone to list and trade any asset with permissionless market creation; backed by Pantera, Polychain, and Dragonfly.

Defx — Points ending Dec 2025, supports stETH, sUSDe, wBTC, $2.5m funding.

Satori Finance — EVM/zkEVMperp contracts with up to 25× leverage; multiple chains including Ethereum, Arbitrum, BNB Chain, zkSync Era, and more; offers advanced SDKs for professional traders; backed by Polychain Capital, Jump Crypto, and Coinbase Ventures.

MYX Finance — Arbitrum, BNB Chain, and more, zero-slippage trading powered by proprietary Matching Pool Mechanism (MPM); 50× leverage and cross-chain trading across 20+ networks; gasless transactions via relayer network; backed by Sequoia China and ConsenSys.

Contango — enables on-chain looping for any asset, allowing you to build leveraged (re)staking positions, exploit rate differentials, farm points, or take long and short positions with minimal funding costs.

Gains – Crypto & RWAs.

MUX Protocol — a multi-chain native perp DEX combining the MUX Leveraged Trading Protocol and MUX Aggregator. It offers up to 100× leverage, zero price impact trading, self-custody, and aggregated liquidity across multiple EVM chains.

Pear Protocol — a multi-chain perp DEX (primarily on Arbitrum) that enables pair-trading between any two assets with up to 100× leverage. It introduces narrative-driven markets, deep liquidity through advanced aggregation, and one-click long/short execution. The protocol features a native token $PEAR and is backed by a $4.1 M strategic round led by Castle Island Ventures.

Aark Digital — is a Peer-to-Pool perpetual DEX operating on the Arbitrum network.

Desk — a perp DEX on Arbitrum providing advanced trading infrastructure that empowers both human traders and AI agents with powerful tools and seamless automation.

Vibe Trading — a perp DEX powered by Symmio, operating on Base and Arbitrum

What Exchange — a perp DEX powered by Orderly, supports multiple chains, offering a smooth cross-chain trading experience.

LogX — a perp DEX on Arbitrum offering 50+ exotic markets, leveraged prediction and meme coin trading; aggregates liquidity from Binance, Coinbase, and OKX for deep, CEX-grade execution.

Perpmate is a mobile-first perp DEX built on Hyperliquid, letting traders long or short crypto with deep liquidity, fast execution, and self-custody. Trade anywhere, earn rewards, and access a true on-chain orderbook experience.

ELFi Protocol — Arbitrum & Base-based perp DEX featuring the ELP liquidity model, portfolio margining, and pooled trading for zero-slippage execution and optimized risk management.

PancakeSwap — a multi-chain DEX offering spot and perpetual trading, live on BNB Chain, Arbitrum, Base, and opBNB.

Ostrich — global on-chain exchange built on the Arbitrum network, letting you trade US, China, Japan, Germany, and UK stocks directly from your wallet with up to 50x leverage.

Boros — built on the Arbitrum network. It is a margin-based yield trading platform by Pendle. 

Rho — is a crypto-native interest rate market that unifies trading of staking, lending, and perpetual funding rates, while enabling users to earn passive yield through its vaults.

Dexari – lightning-fast execution, and pro-grade tools built for mobile.

VOOI — Backed by Aster group, aggregates different perps.

Variational — Private beta, zero fees, many pairs, strong funding.

Ethereal — Ethereal L1, AMM-based DEX; low slippage; gas-efficient trades; focus on UX & liquidity.