Perp DEXs
by chain.
Which blockchains host the most perpetual DEX activity: venue counts and open interest for 64 chains, updated daily from DefiLlama.
By PerpsAtlas Research · Data as of . The text below is calculated from the same capture as the directory and changes when the data does.
- Chains64
- Multi-chain venues14
- Hyperliquid L1 single-chain OI$8.33B
- Venues tracked91
What the data shows
The 91 perp DEXs in our directory settle on 64 different chains according to DefiLlama (08 Oct 2026 · 12:17 UTC). 14 venues run on more than one chain; their open interest cannot be split by chain from this source, so the chain totals below count only venues that run on that chain alone.
By that single-chain measure the largest chains are Hyperliquid L1 ($8.33B across 1 venue), Arbitrum ($1.12B across 3 venues), GRVT ($461.30M across 1 venue). A chain total is dominated by its largest venue in most cases, so a single venue’s growth or decline moves the whole chain.
Many large venues run on their own application chain (for example an L1 or rollup built for one exchange), which is why several chains in the table have exactly one venue.
Every chain
| Chain | Venues | Single-chain OI | Largest venue |
|---|---|---|---|
| Hyperliquid L1 | 1 | $8.33B | Hyperliquid · $8.33B |
| Arbitrum | 9 | $1.12B | Variational · $1.11B |
| GRVT | 1 | $461.30M | GRVT · $461.30M |
| edgeX L1 | 1 | $218.35M | edgeX · $218.35M |
| ValueChain | 1 | $115.01M | SoDEX · $115.01M |
| Derive Chain | 1 | $84.63M | Derive · $84.63M |
| Solana | 6 | $83.53M | GMX · $159.30M |
| Robinhood Chain | 4 | $77.03M | Lighter · $860.41M |
| Base | 7 | $67.93M | Veranta (Avantis) · $65.43M |
| Avalanche | 3 | $63.48M | GMX · $159.30M |
| Ink | 1 | $41.87M | Nado · $41.87M |
| dYdX | 1 | $39.64M | dYdX · $39.64M |
| RISE | 1 | $39.11M | RISEx · $39.11M |
| Morph_tachyon | 1 | $39.09M | PopDEX · $39.09M |
| TxFlow | 1 | $27.89M | TxFlow · $27.89M |
| StandX | 1 | $20.75M | StandX · $20.75M |
| Orderly Network | 1 | $18.77M | Orderly · $18.77M |
| Ethereum | 5 | $12.32M | Extended · $96.78M |
| Bulk | 1 | $11.59M | BULK · $11.59M |
| GateLayer | 1 | $8.52M | Gate Perp DEX · $8.52M |
| Aptos | 1 | $3.58M | Decibel · $3.58M |
| Sui | 5 | $2.75M | Bluefin Pro · $1.13M |
| Monad | 3 | $1.70M | Perpl · $1.62M |
| Injective | 2 | $1.50M | Injective Perps (Helix) · $1.50M |
| Hibachi | 1 | $1.35M | Hibachi · $1.35M |
| Cardano | 1 | $1.14M | Strike Finance · $1.14M |
| Jupnet | 1 | $901.35K | GUM · $901.35K |
| Katana | 1 | $775.96K | Katana Perps · $775.96K |
| TON | 1 | $568.27K | Storm Trade · $568.27K |
| Flare | 2 | $283.83K | SparkDEX Perps · $283.83K |
| BSC | 4 | $117.85K | SYMMIO · $2.06M |
| Neony | 1 | $62.69K | Neony · $62.69K |
| Hotstuff | 1 | $45.12K | Hotstuff · $45.12K |
| Nibiru | 1 | $42.86K | Sai · $42.86K |
| Carbon | 1 | $2.79K | Demex · $2.79K |
| Cronos | 2 | — | Moonlander · $82.72K |
| Cronos zkEVM | 2 | — | Moonlander · $82.72K |
| MegaETH | 2 | — | GMX · $159.30M |
| Sonic | 2 | — | SYMMIO · $2.06M |
Common questions
Which blockchain has the most perp DEX open interest?
Counting only venues that run on a single chain, Hyperliquid L1 with $8.33B (08 Oct 2026 · 12:17 UTC).
Why are multi-chain venues not included in chain totals?
DefiLlama reports their open interest as one venue total. Splitting it by chain would require data we do not have, so we leave it out rather than guess.
More data reports
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 ↗
Market data, not investment advice. Venue links in the directory may be referral links; they never change rankings. Disclosure