Live Data
Perpetual futures by chain
See which blockchains dominate on-chain perpetual futures trading. Volume, TVL, and protocol breakdown per chain.
Total DEX Perps Volume (24h)
$22.08b
Active Chains
30
Top Chain
Hyperliquid L1
Chain Dominance
$22.08bShare of perpetual-futures volume by settlement chain.
Volume distribution by chain (24h)
| # | Share | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $5.97b | +2.4% | $43.85b | $208.71b | — | — | 3 | — | ||
| 2 | Off Chain | $4.11b | +35.4% | $24.50b | $110.81b | — | — | 20 | — | |
| 3 | $3.94b | +3.7% | $19.06b | $80.75b | — | — | 45 | — | ||
| 4 | $1.78b | +5.8% | $12.31b | $46.87b | — | — | 1 | — | ||
| 5 |  Robinhood Chain | $1.09b | -8.0% | $7.33b | $25.44b | — | — | 6 | — | |
| 6 | $924.1m | +74.5% | $9.46b | $16.46b | — | — | 36 | — | ||
| 7 | $835.1m | -14.9% | $5.77b | $33.44b | — | — | 12 | — | ||
| 8 |  edgeX L1 | $817.8m | +7.7% | $5.06b | $30.69b | — | — | 2 | — | |
| 9 | $508.0m | +6.1% | $3.44b | $17.25b | — | — | 12 | — | ||
| 10 | $432.1m | -23.5% | $3.66b | $14.99b | — | — | 1 | — | ||
| 11 | $403.5m | +11.7% | $2.40b | $9.92b | — | — | 1 | — | ||
| 12 | $214.1m | +3.0% | $1.38b | $6.44b | — | — | 1 | — | ||
| 13 | $150.7m | -11.7% | $1.18b | $3.58b | — | — | 1 | — | ||
| 14 | $131.8m | +2.7% | $801.9m | $3.60b | — | — | 1 | — | ||
| 15 |  RISE | $116.9m | -1.9% | $825.3m | $3.33b | — | — | 1 | — | |
| 16 |  StandX | $115.9m | -45.4% | $2.16b | $11.17b | — | — | 1 | — | |
| 17 | $92.0m | -1.2% | $570.3m | $915.4m | — | — | 1 | — | ||
| 18 |  Orderly Network | $83.1m | +46.8% | $387.0m | $1.48b | — | — | 2 | — | |
| 19 | $52.6m | +14.3% | $335.0m | $1.34b | — | — | 5 | — | ||
| 20 | $45.2m | -5.0% | $303.7m | $1.40b | — | — | 1 | — | ||
| 21 | $44.3m | -9.1% | $347.5m | $2.27b | — | — | 4 | — | ||
| 22 | $39.0m | +14.8% | $248.3m | $1.03b | — | — | 9 | — | ||
| 23 | $37.0m | +1.9% | $260.6m | $1.13b | — | — | 4 | — | ||
| 24 | $29.3m | +16.9% | $162.3m | $604.3m | — | — | 1 | — | ||
| 25 | Bulk | $26.8m | +6.4% | $175.2m | $1.01b | — | — | 1 | — | |
| 26 | $26.2m | -46.7% | $295.4m | $1.87b | — | — | 1 | — | ||
| 27 | $23.1m | +201.7% | $143.9m | $843.2m | — | — | 7 | — | ||
| 28 | $17.4m | -7.9% | $107.2m | $107.2m | — | — | 1 | — | ||
| 29 | $16.7m | +19.5% | $75.3m | $229.0m | — | — | 1 | — | ||
| 30 | $14.2m | +96.8% | $67.5m | $416.1m | — | — | 1 | — |
Limited data35 chains
Fewer than 3 tracked active venues list these chains. Their pages show less comparison data.
The chain landscape for perps
Perpetual futures trading has fragmented across multiple blockchains, each offering different trade-offs. Arbitrum and Solana currently lead in DEX perps volume, but the landscape shifts fast as new protocols launch and incentive programs rotate.
Hyperliquid runs its own L1 chain purpose-built for derivatives, giving it sub-second finality and no gas fees. dYdX v4 moved to its own Cosmos appchain for similar reasons. Meanwhile, Arbitrum hosts the most diverse ecosystem with GMX, Vertex, and others.
Solana's low latency supports active perp venues such as Jupiter Perps and GMTrade. Base also hosts newer protocols that target retail traders. See the exchange rankings for the current venue list. You can also check open interest to see where positions are open.