Decibel Perpetuals Exchange Launches on Aptos
The perp DEX is incubated by Aptos Labs and plans to leverage the blockchain’s high speed to deliver a highly responsive trading experience.
Decibel, a perpetual derivatives decentralized exchange (DEX) incubated by Aptos Labs, launched its mainnet today alongside its official points program. The DEX is starting with perpetual markets, before expanding to spot and real-world assets (RWAs), similar to the progression taken by market leaders Hyperliquid and Lighter. According to a press release shared with The Defiant, Decibel’s testnet generated “over 1 million user trades per day” across more than 130,000 daily active users (DAU). I think the testnet activity suggests strong demand, but we should monitor how the mainnet handles actual load. Next, we need to observe if the latency remains stable during peak hours.
