Decibel, a perpetual contract exchange incubated by Aptos Labs, has launched on the Aptos mainnet.

MarsBitNews · 2026-02-26T14:32:17+00:00

Decibel, a fully on-chain perpetual contract exchange, has launched on the Aptos mainnet, attracting over 700,000 accounts and 132,000 daily active users, with an average daily trading volume of over 1 million transactions. The pre-deposited activity funds exceed $58 million, mainly from Ethereum and Solana users. The platform uses a centralized limit order book model and plans to expand its features.

MarsBitNews

2026-02-26 14:32:17

Abstract generation in progress

Mars Finance reports that Decibel, an on-chain perpetual contract exchange incubated by Aptos Labs, has launched on the Aptos mainnet. Previously, the public testnet attracted over 700,000 unique accounts and 132,000 daily active users, with an average daily trading volume of over 1 million transactions. Prior to the mainnet launch, the pre-deposit campaign pledged over $58 million in funds, with approximately 40% coming from Ethereum and Solana users. Decibel uses a centralized limit order book model, with order placement, matching, settlement, and risk management all executed on-chain. The default collateral for the protocol is the USD stablecoin usDCBL issued by Stripe’s Bridge. Decibel plans to gradually add spot markets, multi-collateral accounts, and tokenized real-world assets.

APT-5.96%

ETH-3.41%

SOL-4.03%

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