Read this article on bsc.news Decibel, the fully onchain perpetuals exchange built on Aptos, has added six perpetual futures markets: $WLD, $ONDO, $VVV, $XMR, $STRK and $TIA. The listings wer
Read this article on bsc.news
Decibel, the fully onchain perpetuals exchange built on Aptos, has added six perpetual futures markets: $WLD, $ONDO, $VVV, $XMR, $STRK and $TIA. The listings were announced by @DecibelTrade.
Leverage varies by market. $ONDO gets up to 10x, $VVV is capped at 3x, and the remaining four markets offer up to 5x. The exchange now lists more than 85 markets across perpetuals and spot.
Trading Volume Since Mainnet Launch
According to DefiLlama, Decibel has processed about $8.88 billion in cumulative perpetual futures volume, with roughly $1.2 billion of that over the past 30 days. DefiLlama lists total value locked at $29.31 million as of Nov. 3, 2026, and ranks the protocol tenth by TVL among derivatives protocols it tracks.
Decibel went live on Aptos mainnet in late February. The Decibel Foundation described it in a Chainwire press release as a fully onchain perpetuals exchange incubated by Aptos Labs. The release said the launch followed a testnet phase with more than 700,000 accounts and $58 million in pre-deposits. The Foundation also said it plans to expand beyond crypto perpetuals into spot markets, real-world assets and infrastructure for institutional trading flows.
Decibel executes every order, match and cancellation directly on the Aptos blockchain. That design means each action consumes gas, and Cryptonews reported that all transaction fees on the network are paid in $APT and permanently burned. The Aptos Foundation has projected that Decibel could burn more than 32 million $APT per year as it approaches 100 or more listed markets.
Actual burn levels have so far been far lower. Cryptonews data on network-wide activity shows Aptos burned about 174,100 $APT over a recent 30-day period, with a cumulative burn near 2 million $APT. The network raised gas fees tenfold through a governance proposal in March, which lifted the amount burned per transaction. Average fees remain about $0.0005.
The new listings add to Decibel's market count as the exchange works toward the 100-market threshold that the Foundation's burn projection assumes. Perpetual futures have no expiry date and often use leverage, which can magnify both gains and losses.
Sources
DefiLlama: Decibel Protocol TVL, Fees and VolumeChainwire: Decibel Launches Fully Onchain Perpetuals Exchange on Aptos MainnetCryptonews: Aptos Overhauls Its Tokenomics With Supply Cap, Fee Hikes, and a Path to Deflation
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