Highest leverage perp DEXs
Venues ranked by the highest leverage stated on their own site or docs. The cap usually applies only to a few markets (often BTC or ETH) or to a special mode. Venues without an officially stated number are not ranked.
| # | Project | Chains | Model | Max leverage | What it is | Status |
|---|---|---|---|---|---|---|
| 1 | Aster | BNB Chain, Arbitrum, Solana | hybrid | 1001x | Multi-chain perpetuals exchange offering crypto and stock-style markets with flexible trading modes. | 🟢 Live |
| 2 | LeverUp | Monad | LP-free | 1001x | LP-free perps exchange on Monad where the protocol underwrites positions. | 🟢 Live |
| 3 | Aark Digital | Arbitrum | hybrid | 1000x | Perp exchange advertising extreme leverage up to 1000x. | 🟢 Live |
| 4 | ELFi Protocol | Arbitrum, Base | pool | 1000x | Pool-backed perp exchange with multi-asset margin and many quickly listed markets. | 🟢 Live |
| 5 | Gains Network | Arbitrum, Base, Polygon | pool | 1000x | gTrade lets users trade crypto, forex, stocks and commodities with synthetic, non-custodial leverage. | 🟢 Live |
| 6 | Moonlander | Cronos | pool | 1000x | Cronos perp exchange with a shared liquidity pool and Pyth-based pricing. | 🟢 Live |
| 7 | TurboFlow | BNB Chain, Solana | pool | 1000x | Onchain trading app offering high-leverage perps with profit-share fees, plus short-cycle higher/lower event contracts. | ⚪ Unverified |
| 8 | FlashTrade | Solana | pool | 500x | Solana perpetuals and swap platform with pooled liquidity and oracle pricing. | 🟢 Live |
| 9 | HoldStation DeFutures | ZKsync, BNB Chain | pool | 500x | Perp trading built into the Holdstation smart-contract wallet, with very high leverage. | ⚪ Unverified |
| 10 | Jupiter Perps | Solana | pool | 250x | Solana perpetuals built into Jupiter, backed by a shared liquidity pool. | 🟢 Live |
| 11 | HertzFlow | BNB Chain | pool | 200x | Leverage engine with LP vaults and isolated asset pools, covering crypto, FX, commodities and stocks. | ⚪ Unverified |
| 12 | Ostium | Arbitrum | pool | 200x | Onchain perpetuals for equity indices, forex, commodities and crypto. | 🟢 Live |
| 13 | PancakeSwap Perps | BNB Chain | CLOB | 200x | Perpetuals product inside PancakeSwap, now with an order book backend and cross or isolated margin. | 🟢 Live |
| 14 | KiloEx | BNB Chain, opBNB, Base, Manta | pool | 125x | Non-custodial perpetual exchange on BNB Chain, opBNB, Base and Manta with up to 125x leverage on crypto pairs. | ⚪ Unverified |
| 15 | Adrena | Solana | pool | 100x | Solana perpetuals DEX with oracle-priced fills, no spread or slippage, and shared fee revenue. | 🟢 Live |
| 16 | ApeX Protocol | Arbitrum, Ethereum | CLOB | 100x | Non-custodial perpetuals exchange with an order book, running across several chains. | 🟢 Live |
| 17 | BasePerp | Base | pool | 100x | Base-native perp DEX with zero trading fees and senior/junior liquidity tranches, pre-mainnet. | 🟡 Beta / testnet |
| 18 | Extended | StarkNet | CLOB | 100x | Starknet perp exchange covering crypto and TradFi markets, usable from any EVM wallet. | 🟢 Live |
| 19 | Flex Perpetuals | Base | intent | 100x | Gasless intent-based perpetuals DEX on Base with cross-margin and an LP pool as counterparty. | ⚪ Unverified |
| 20 | GMX | Arbitrum, Avalanche, Solana, MegaETH | pool | 100x | Oracle-priced liquidity-pool perpetuals with synthetic and spot markets on several chains. | 🟢 Live |
| 21 | Kodiak V3 | Berachain | CLOB | 100x | Berachain DEX whose perps product routes into Orderly's shared order book. | 🟢 Live |
| 22 | Pear Protocol | Hyperliquid, Arbitrum | hybrid | 100x | One-click pair and basket trading, going long one asset against another, executed on Hyperliquid. | 🟢 Live |
| 23 | Raydium Perps | Solana | CLOB | 100x | Raydium's perpetuals front-end on Solana, running on Orderly Network's order book. | 🟢 Live |
| 24 | Vest Markets | Arbitrum, BNB Chain, Base | hybrid | 100x | Multi-chain perpetual exchange with cross-margin and a funded-trader programme. | 🟢 Live |
| 25 | Zeta Markets | Solana | CLOB | 100x | Solana perp exchange with order-book markets, now tied to the Bullet network. | 🟢 Live |
| 26 | Arcus | Robinhood Chain | hybrid | 50x | Self-custodial exchange on Robinhood Chain with stock-token spot and cross-margined perps on equities, crypto and commodities. | 🟡 Beta / testnet |
| 27 | Astros Perp | Sui | CLOB | 50x | Sui perpetual exchange and DEX aggregator with lending-backed liquidity. | 🟢 Live |
| 28 | Bean Exchange | Monad | hybrid | 50x | Monad perpetuals exchange described by directories as a hybrid order book with oracle pricing. | ⚪ Unverified |
| 29 | Decibel | Aptos | CLOB | 50x | Fully onchain order-book perp exchange on Aptos with cross and isolated margin. | 🟢 Live |
| 30 | dYdX V4 | dYdX Chain | CLOB | 50x | Decentralized order-book perpetuals exchange on its own Cosmos appchain. | 🟢 Live |
| 31 | Hotstuff | Hotstuff L1 | unspecified | 50x | DeFi Layer 1 with one margin account for crypto perps, ETFs, RWAs and equities, advertising 75 ms blocks. | ⚪ Unverified |
| 32 | Lighter | Ethereum, Lighter | CLOB | 50x | Zero-knowledge rollup with a verifiable order-book engine for perpetual futures. | 🟢 Live |
| 33 | Polynomial | Polynomial Chain | n/a | 50x | Perps exchange running on its own Ethereum Layer 2. | 🟢 Live |
| 34 | Synthetix Perps (Base) | Ethereum | CLOB | 50x | Onchain-settled order-book perpetuals on Ethereum mainnet with ETH and USDT margin. | 🟢 Live |
| 35 | Variational | Arbitrum | RFQ | 50x | Single-account trading platform quoting crypto and RWA perps via RFQ. | 🟢 Live |
| 36 | BULK | Solana | CLOB | 40x | Permissionless perpetuals exchange on a leaderless validator network with portfolio margin and fast block times. | 🟢 Live |
| 37 | Hyperliquid | Hyperliquid | CLOB | 40x | Order-book perpetuals exchange running on its own high-throughput Layer 1 chain. | 🟢 Live |
| 38 | trade.xyz | Hyperliquid | CLOB | 40x | Hyperliquid-based perpetual markets for stocks, commodities and other real-world assets. | 🟢 Live |
| 39 | Levana Perps | Osmosis, Injective, Sei | pool | 30x | Fully collateralized perpetuals protocol on Cosmos-ecosystem chains including Sei and Injective. | ⚪ Unverified |
| 40 | Aftermath Perpetuals | Sui | CLOB | 25x | USDC-margined perpetual futures on Sui's on-chain order book, from Aftermath Finance. | 🟢 Live |
| 41 | Hibachi | Arbitrum, Base | CLOB | 25x | Stablecoin-native exchange offering perpetual markets with order-book execution and zk verification. | 🟢 Live |
| 42 | Phoenix | Solana | CLOB | 25x | Order-book perpetuals exchange on Solana with cross margin, TP/SL and TWAP orders. | 🟢 Live |
| 43 | Bluefin Pro | Sui | CLOB | 20x | Sui-native order-book exchange for perpetuals and spot, aimed at low-latency trading. | 🟢 Live |
| 44 | DipCoin Perps | Sui | CLOB | 20x | Sui-based decentralized exchange with a perpetuals product. | 🟢 Live |
| 45 | Nado | Ink | CLOB | 20x | Order-book exchange on Ink with spot, margin and perps under one cross-margin account. | 🟢 Live |
| 46 | Ondo Perps | Multi-chain | CLOB | 20x | Ondo's equity and commodity perpetuals platform accepting tokenized stocks as margin; restricted in the US. | 🟢 Live |