Base Perpetuals Decentralized Exchanges

Vest — RWA markets, strong tech stack, $5m funding.

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

Avantis — Base L2 Ethereum, both crypto and RWAs such as forex and commodities, innovative perp design.

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.

BMX — a perp DEX on Base by Morphex, built to maximize capital efficiency for liquidity providers and enable smooth leveraged trading.

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.

FWX —  a perp DEX on zkSync Era offering capital-efficient smart liquidity vaults and permissionless markets for traders and liquidity providers.

Kilo – BNB Chain (BSC), dual-pool, and gasless.

Treble is a modular V4 DEX and DeFi hub on Base. It offers cross-chain swaps, fiat and CEX onramps, DeFAI integrations, passive income via farming and staking, and will support perpetuals with up to 20× leverage using $TREB token for governance and rewards.

BSX — is a self-custodial derivatives DEX on Base Layer 2 that combines off-chain execution with on-chain settlement, delivering CEX-level speed and liquidity with DeFi security.

Flex Perpetuals — Base-based perp DEX offering cross-margin trading and multi-asset collateral support for flexible, efficient leverage trading.

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

A privacy-focused derivatives platform providing leveraged trading and AI-powered trading agents on the Base and COTI networks.

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.

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

Wasabi — CultureFi DEX with swaps, leverage trading & staking; meme coins & NFTs focused; up to 10× leverage.

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

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

Carbon — a perp DEX on Base bridging crypto and traditional finance liquidity, featuring hundreds of on-chain perp pairs and transparent solver-based execution.

Perennial — $12.6m funding, underused but potential for trades.