Decibel is a decentralized perpetual futures exchange on Aptos. Trading model: Order book. It lists perpetual markets on traditional assets such as stocks, commodities or FX alongside crypto.
Open interest$3.58M#39 of 91 · 0.0% share
Volume · 24h$58.40MRolling 24h · CoinGecko
Fees · 30d$599.80K+34.5% vs prior 30d
OI · 30d change-5.4%Daily average vs prior 30 days
Perp markets72Listed pairs · CoinGecko
KEY FACTS
Decibel at a glance
Launched
2026-02 source ↗Amps Season 1 'launched alongside Mainnet'; points announcement on X 2026-02-25; Aptos 'now live on mainnet' post 2026-03-04
United States residents, Ontario (Canada) residents, persons barred under laws of Panama, US, Canada, OFAC-listed persons, comprehensively sanctioned countries incl. Cuba, North Korea, Crimea/Donetsk/Luhansk, Iran, Syria source ↗
Yes, but the referred trader gets no fee discount source ↗referrer gets 10% of referees' Amps; code unlocked after $25K volume
From Decibel’s own documentation, terms, API or official posts, checked 08 Oct 2026. Terms change; confirm on the venue before trading. “Not verified yet” means we could not confirm it from an official source.
IS IT GROWING?
Decibel trend: Growing
1 metric(s) up, 0 down, 0 without a material change. The label counts metric directions; it is not a score and not investment advice.
Rank by open interest: #39 now · #37 30 days ago · #33 90 days ago (among venues reporting that day)
Metric
30 days
90 days
Coverage
Reading
Open interest
-5.4%
-3.4%
100%
Base too small for a reliable direction
User fees
+34.5%
+15.1%
100%
Materially improving (30d and 90d agree)
Trading volume
—
—
2%
Not enough daily history yet
Thresholds: open interest ±25%, fees ±30%, volume ±40% over 30 days; the 90-day move must agree at half the threshold. Incentive campaigns can lift activity temporarily.
HISTORY
Activity over time
Open interest · daily
DefiLlama daily open interest · 180 days · 12 Apr 2026 – 08 Oct 2026
$3.58M
Gaps are not joined. The scale starts near the series minimum, not at zero.
User fees · daily
DefiLlama daily user fees, complete UTC days · 180 days · 11 Apr 2026 – 07 Oct 2026
$20.73K
Gaps are not joined. The scale starts near the series minimum, not at zero.
24h volume · daily capture
CoinGecko rolling 24h volume, one capture per UTC day
Daily volume history started on 8 October 2026; the chart appears after the second daily capture.
Decibel is a composable, onchain trading engine for spot, perps, and yield opportunities.
Decibel had $3.58M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #39 of 91 perp DEXs we track by open interest. That is 0.0% of the combined open interest of the tracked venues.
How much volume does Decibel trade per day?
CoinGecko reported $58.40M of rolling 24-hour volume for Decibel on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited.
How much do traders pay in fees on Decibel?
Traders paid $599.80K in fees over the last 30 days according to DefiLlama, +34.5% compared with the previous 30 days.
Is Decibel growing?
Our current reading is “Growing”. Average open interest over the last 30 days changed -5.4% versus the prior 30 days. The reading updates daily and requires sufficient history and a minimum base.
Does Decibel have a token?
We have not verified a tradable Decibel token. Beware of look-alike tokens using the name.
What are Decibel’s trading fees?
Taker 0.045% · maker 0.015% at the base tier, according to Decibel’s fee documentation. Higher-volume tiers and promotions can differ.
What is the maximum leverage on Decibel?
Up to 50× on some markets, according to Decibel’s documentation. Most markets allow less.
Does Decibel have a referral program?
Yes, but the referred trader gets no fee discount.
DefiLlama oi history for listing “decibel”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256 4c7c89c239490c47…
DefiLlama fees history for listing “decibel”, fetched 08 Oct 2026 · 12:17 UTC, SHA-256 280e04ff18d12322…
CoinGecko derivatives exchange id(s): decibel
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 12:17 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 12:16 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 90 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 ↗
