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Perpl vs Decibel: which perp DEX is better?

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

PerplDecibel
24h volume$43M$25M
Maker fee5 bpsn/a
Taker fee8.8 bpsn/a
Max leveragen/a40x
ModelOrderbookOrderbook
ChainMonadAptos
TokenNo tokenNo token
AssetsCryptoCrypto

Perpl vs Decibel: which should you choose?

If your priority is cost, Perpl wins on taker fees (8.8 bps). For maximum leverage, Decibel goes up to 40x. For depth and liquidity, Perpl trades the most volume of the two. Both are pre-token, so either could reward early activity with a future airdrop.

Perpl runs a orderbook on Monad, while Decibel runs a orderbook on Aptos. Read the full profiles: Perpl and Decibel.

FAQ

Is Perpl or Decibel cheaper?
Perpl has the lower taker fee (8.8 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Perpl or Decibel?
Decibel offers more, up to 40x, versus n/a. Higher leverage means higher liquidation risk.
Which is bigger, Perpl or Decibel?
Perpl has more listed 24h volume ($43M), 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.