Solana

Solana Perpetuals Decentralized Exchanges

# Name Ecosystem Started Status Website
1
Pacifica

Pacifica

Open Interest: $108.51M

Solana
2025 Live Visit
2
Jupiter

Jupiter

Open Interest: $74.35M

Mcap: $862.57M

Solana
2021 Live Visit
3
Defx

Defx

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

Drift

Mcap: $9.07M

Solana
2021 Live Visit
5
Raydium Perps

Raydium Perps

Mcap: $225.95M

Solana
2025 Live Visit
6
Saros Perps

Saros Perps

Solana
2021 Live Visit
7
Flash Trade

Flash Trade

Solana
2023 Live Visit
8
Adrena

Adrena

Solana
2024 Live Visit
9
N1

N1

Solana
2022 Live Visit
10
Bullet

Bullet

Solana
2025 Live Visit
11
ByReal

ByReal

Solana
2025 Live Visit
12
Wasabi

Wasabi

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

BULK

Solana
2024 In Development Visit
14
Percolator

Percolator

Solana
2025 In Development Visit
15
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.

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.

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

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

N1
N1

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.

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.