Solana

Solana Perpetuals Decentralized Exchanges

# Name Ecosystem Started Status Website
1
Pacifica

Pacifica

Open Interest: $78.50M

Solana
2025 Mainnet Beta Visit
2
Jupiter

Jupiter

Open Interest: $72.54M

Mcap: $800.06M

Solana
2021 Live Visit
3
Defx

Defx

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

Drift

Mcap: $9.98M

Solana
2021 Live Visit
5
Raydium Perps

Raydium Perps

Mcap: $167.70M

Solana
2025 Live Visit
6
Flash Trade

Flash Trade

Mcap: $3.49M

Solana
2023 Live Visit
7
Saros Perps

Saros Perps

Mcap: $1.10M

Solana
2021 Live Visit
8
Adrena

Adrena

Solana
2024 Live Visit
9
01

01

Solana
2022 Testnet Live Visit
10
Bullet

Bullet

Solana
2025 Testnet Live Visit
11
ByReal

ByReal

Solana
2025 Live Visit
12
Wasabi

Wasabi

Ethereum Solana + 1 more...
2023 Live Visit
13
Ranger

Ranger

Solana
2023 Live Visit
14
BULK

BULK

Solana
2024 In Development Visit
15
Percolator

Percolator

Solana
2025 In Development Visit
16
What Exchange

What Exchange

Orderly Avax Network + 5 more...
2024 Live Visit

DEXes description and unique features

Pacifica — Solana-based perp DEX in closed beta / invite-only; supports perpetual futures for major assets (BTC, ETH, SOL, and more to come).

Jupiter — Solana aggregator, deep liquidity.

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

Drift — Solana, dynamic liquidity pools.

Raydium Perps — Gasless, Solana-based, 50× leverage; built on Orderly Network's omnichain orderbook; over 70 trading pairs; zero maker fees and 0.025% taker fees during beta; supports USDC collateral.

FlashTrade — a perp DEX on Solana offering asset-backed trading with instant liquidity and zero price impact.

Saros Perps — Solana-based; supports over 100 token pairs with up to 50× leverage; built on Orderly Network's infrastructure for fast execution; part of the Saros ecosystem.

Adrena — Solana-based spot & perpetual DEX (peer-to-pool); up to 100× leverage, zero spread/slippage, no liquidation fees.

01
01

01 — Solana-based decentralized derivatives; CEX speed meets DEX trustless design.

Bullet — Ultra-low latency perps & spot; Solana-based; CEX speed with on-chain transparency.

ByReal — Solana-native DEX & launchpad; token launches; community-driven; interface-first design.

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

Ranger — Solana perps aggregator, strong multi-farm option.

BULK – Solana based, colocation-grade speed, censorship resistance.

Percolator — Solana native perp DEX, which is being built by Solana co-founder Anatoly Yakovenko. The exchange uses a sharded model, with multiple independent “slabs” that each operate as self-contained perpetual engine

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