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PERP DEX · VENUE

QFEX

Growing

QFEX is a perpetual futures exchange; DefiLlama does not list a settlement chain for it. It lists perpetual markets on traditional assets such as stocks, commodities or FX alongside crypto.

Open interest$140.23M#9 of 91 · 1.0% share
Volume · 24h$351.13MRolling 24h · CoinGecko
Fees · 30d—not tracked by the source
OI · 30d change+38.9%Daily average vs prior 30 days
Perp markets219Listed pairs · CoinGecko
KEY FACTS

QFEX at a glance

Launched
Not verified yet
Trading fees (base tier)
Taker 0.05% · maker 0.02% source ↗
Maximum leverage
30× source ↗
Perp markets
About 199 · includes stocks, commodities or FX source ↗
Collateral
USDC (Arbitrum); bank transfer funding also supported source ↗
KYC
Required source ↗
Restricted regions
United States, United Kingdom, Spain, Ukraine, Syria, Iran, Russia, North Korea, Myanmar, Belarus, Venezuela, Sudan and 1 more source ↗
Audits
Not verified yet
Incidents
None found in official sources
Points program
Not verified yet
Referral program
Yes. Benefit for the referred trader: “Users who sign up using your invitation code receive a 10% discount on trading fees.” source ↗

From QFEX’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?

QFEX 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: #9 now · #9 30 days ago · #20 90 days ago (among venues reporting that day)

Metric30 days90 daysCoverageReading
Open interest+38.9%—100%Up over 30 days (90-day history not yet available)
User fees———Not enough daily history yet
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 · 94 days · 06 Jul 2026 – 07 Oct 2026

$140.23M
$152.68M$10.65M2026-07-062026-10-072026-07-06 · $21.21M2026-07-07 · $20.65M2026-07-08 · $20.44M2026-07-09 · $25.23M2026-07-10 · $22.31M2026-07-11 · $24.96M2026-07-12 · $22.81M2026-07-13 · $23.21M2026-07-14 · $22.04M2026-07-15 · $23.01M2026-07-16 · $24.88M2026-07-17 · $25.77M2026-07-18 · $25.87M2026-07-19 · $26.08M2026-07-20 · $29.06M2026-07-21 · $33.16M2026-07-22 · $32.11M2026-07-23 · $31.66M2026-07-24 · $31.81M2026-07-25 · $32.15M2026-07-26 · $32.63M2026-07-27 · $33.49M2026-07-28 · $34.27M2026-07-29 · $34.37M2026-07-30 · $35.60M2026-07-31 · $36.52M2026-08-01 · $36.69M2026-08-02 · $36.03M2026-08-03 · $37.27M2026-08-04 · $38.62M2026-08-05 · $39.81M2026-08-06 · $39.08M2026-08-07 · $39.63M2026-08-08 · $39.70M2026-08-09 · $39.84M2026-08-10 · $39.29M2026-08-11 · $38.98M2026-08-12 · $41.35M2026-08-13 · $42.94M2026-08-14 · $42.94M2026-08-15 · $43.05M2026-08-16 · $43.15M2026-08-17 · $87.80M2026-08-18 · $85.39M2026-08-19 · $86.43M2026-08-20 · $89.57M2026-08-21 · $98.83M2026-08-22 · $97.14M2026-08-23 · $94.81M2026-08-24 · $95.72M2026-08-25 · $99.11M2026-08-26 · $107.52M2026-08-27 · $125.32M2026-08-28 · $130.85M2026-08-29 · $131.33M2026-08-30 · $130.43M2026-08-31 · $142.81M2026-09-01 · $110.86M2026-09-02 · $109.57M2026-09-03 · $111.96M2026-09-04 · $110.62M2026-09-05 · $111.13M2026-09-06 · $111.38M2026-09-07 · $110.09M2026-09-08 · $104.89M2026-09-09 · $112.17M2026-09-10 · $109.46M2026-09-11 · $109.92M2026-09-12 · $111.24M2026-09-13 · $110.93M2026-09-14 · $112.59M2026-09-15 · $113.56M2026-09-16 · $115.25M2026-09-17 · $116.20M2026-09-18 · $118.29M2026-09-19 · $118.35M2026-09-20 · $118.29M2026-09-21 · $123.27M2026-09-22 · $123.58M2026-09-23 · $124.54M2026-09-24 · $131.46M2026-09-25 · $134.44M2026-09-26 · $134.26M2026-09-27 · $134.20M2026-09-28 · $134.74M2026-09-29 · $135.96M2026-09-30 · $138.62M2026-10-01 · $138.07M2026-10-02 · $139.00M2026-10-03 · $137.55M2026-10-04 · $136.90M2026-10-05 · $142.88M2026-10-06 · $142.86M2026-10-07 · $140.23M

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.

QFEX is a 24/7 perps exchange for RWAs, powered by an institutional-grade central limit order book with microsecond-level latency.

Project description as listed on DefiLlama

QFEX: common questions

What is QFEX’s open interest?

QFEX had $140.23M of open interest according to DefiLlama on 08 Oct 2026 · 12:17 UTC, ranking #9 of 91 perp DEXs we track by open interest. That is 1.0% of the combined open interest of the tracked venues.

How much volume does QFEX trade per day?

CoinGecko reported $351.13M of rolling 24-hour volume for QFEX on 08 Oct 2026 · 12:16 UTC. Venue-reported volume is not independently audited.

Is QFEX growing?

Our current reading is “Growing”. Average open interest over the last 30 days changed +38.9% versus the prior 30 days. The reading updates daily and requires sufficient history and a minimum base.

Does QFEX have a token?

We have not verified a tradable QFEX token. Beware of look-alike tokens using the name.

What are QFEX’s trading fees?

Taker 0.05% · maker 0.02% at the base tier, according to QFEX’s fee documentation. Higher-volume tiers and promotions can differ.

What is the maximum leverage on QFEX?

Up to 30× on some markets, according to QFEX’s documentation. Most markets allow less.

Does QFEX require KYC?

Required, based on QFEX’s terms and sign-up flow. Access rules can change by country.

Does QFEX have a referral program?

Yes. Benefit for the referred trader: “Users who sign up using your invitation code receive a 10% discount on trading fees.”.

Sources and capture details

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 ↗