SoDEX vs PopDEX
A side-by-side comparison of two perpetual DEXs using the same sources and capture time. Larger is not automatically better: check fees, markets, collateral and access rules for your own use.
- SoDEX holds 1.5× the open interest of PopDEX ($145.38M vs $94.15M).
- Over the last 30 days traders paid $1.06M in fees on PopDEX and $304.03K on SoDEX.
- SoDEX’s average open interest moved +82.5% over 30 days.
 SoDEX |  PopDEX | |
|---|---|---|
| Open interest | $145.38M | $94.15M |
| OI rank (of 50) | 8 | 11 |
| OI change · 30d | +82.5% | — |
| Volume · 24h | $101.92M | — |
| User fees · 30d | $304.03K | $1.06M |
| Fees change · 30d | -22.7% | — |
| Trend | Growing | Not enough data |
| Chains | ValueChain | Morph Tachyon |
| Model | Order book | Not classified yet |
| RWA markets | Yes | Yes |
| Token | SOSO | None verified |
| Base trading fees | Taker 0.04% · maker 0.012% ↗ | Taker 0.032% · maker 0.01% ↗ |
| Max leverage | 40× ↗ | 100× ↗ |
| Collateral | USDC; cross margin also BTC, ETH, XAUT, SOL, BNB, DOGE, HYPE, XRP, MAG7.ssi, SOSO ↗ | USDT (deposits and futures settlement in USDT; other accepted tokens count at tiered discounts in the Unified Account) ↗ |
| KYC | Not required ↗ | Not required ↗ |
| Referral program | Yes. Benefit for the referred trader: “Invitees also receive an extra 5% points boost.” ↗ | Yes; any discount for the referred trader is set by the referrer. “The standard referral rebate is 20% of the invitee's net eligible fees. Referrers can choose to share a portion of this rebate with the invitee — the invitee receives their share as a rebate, and the remainder is retained by the referrer.” ↗ |
Open interest over time
- SoDEX $145.38M
- PopDEX $94.15M
DefiLlama daily open interest. Missing days are left as gaps. The scale starts at zero.
Open interest and fees: DefiLlama, captured 08 Nov 2026 · 00:25 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Nov 2026 · 00:25 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 180 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗