Polygon

Polygon Perpetuals Decentralized Exchanges

# Name Ecosystem Started Status Website
1
Orderly

Orderly

Open Interest: $31.82M

Mcap: $15.77M

Orderly Ethereum + 5 more...
2022 Live Visit
2
SynFutures

SynFutures

Open Interest: $1.25M

Mcap: $17.19M

Ethereum Blast + 3 more...
2021 Live Visit
3
Defx

Defx

Ethereum Solana + 3 more...
2023 Live Visit
4
Contango

Contango

Ethereum Arbitrum + 5 more...
2022 Live Visit
5
Gains

Gains

Mcap: $14.10M

Polygon Arbitrum
2022 Live Visit
6
Quickswap

Quickswap

Mcap: $5.33M

Polygon
2023 Live Visit
7
dHEDGE

dHEDGE

Mcap: $1.73M

Ethereum Polygon + 1 more...
2020 In Development Visit

DEXes description and unique features

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

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.

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.

QuickSwap is a next-gen DEX and perpetual trading platform on Polygon zkEVM, offering up to 50× leverage on QuickPerps. Backed by the Polygon ecosystem, it features dynamic fee pools, multi-version swaps (V3–V4, Hydra), deep liquidity, and $QUICK token rewards for governance and fee sharing.

dHEDGE is a decentralized asset management and vault protocol backed by Synthetix, supporting vaults on Ethereum, Polygon, and Optimism. It tokenizes trading strategies via dHEDGE Vaults, Toros, and mStable V2, with upcoming perp aggregation using Synthetix V3 and GMX for leveraged exposure.