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ApeX Protocol vs Decibel: which perp DEX is better?

A side-by-side comparison of ApeX Protocol and Decibel on fees, leverage, volume, chain and token.

ApeX ProtocolDecibel
24h volume$1.30B$25M
Maker fee2 bpsn/a
Taker fee5 bpsn/a
Max leverage100x40x
ModelOrderbookOrderbook
ChainMultichain (zkLink)Aptos
Token$APEXNo token
AssetsCryptoCrypto

ApeX Protocol vs Decibel: which should you choose?

If your priority is cost, ApeX Protocol wins on taker fees (5 bps). For maximum leverage, ApeX Protocol goes up to 100x. For depth and liquidity, ApeX Protocol trades the most volume of the two.

ApeX Protocol runs a orderbook on Multichain (zkLink), while Decibel runs a orderbook on Aptos. Read the full profiles: ApeX Protocol and Decibel.

FAQ

Is ApeX Protocol or Decibel cheaper?
ApeX Protocol has the lower taker fee (5 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, ApeX Protocol or Decibel?
ApeX Protocol offers more, up to 100x, versus 40x. Higher leverage means higher liquidation risk.
Which is bigger, ApeX Protocol or Decibel?
ApeX Protocol has more listed 24h volume ($1.30B), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.