Ripening
Perpl
PerpsWe farm it
Fully onchain perpetual futures DEX with a central limit order book, built for the Monad EVM L1.
- Perp DEX on the Monad L1; every trade is matched and settled onchain
- AUSD is the collateral for all trades
- Crypto perps such as BTC, ETH, SOL, MON, HYPE and ZEC
- Entry tier fees: 0.45 bps maker, 3.45 bps taker; maker rebates from $250M 14-day volume
- Points Season One: 50,000 points per week, snapshot every Wednesday
+5% Perpl PointsStart farming on PerplReferral link. You get the benefit above, and we may earn a share. Not financial advice.
5.2 of 10
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score
- Taker
- 0.0345%
- Maker
- 0.0045%
- Volume a day
- $14M
- Open interest
- $1M
- Rewards 8.0
- 50K points a week, no token yet; mPoints pool up to $1M in MON
- Taker fee 5.6
- No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
- Volume 2.3
- Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
- Safety 4.0
- Fully onchain order book on Monad, but its audits page is empty
- Open interest 1.4
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 6.0
- Gasless trading key, but needs MON and AUSD on Monad; 11 crypto markets
- Access 8.0
- No KYC or invite, $10 first deposit; US, UK, Belarus, Russia, Ukraine blocked
- Set up an EVM wallet with AUSD on Monad
- Visit perpl.xyz, click Connect and choose your wallet
- Click Enable Trading and sign the gasless message
- Click Deposit (at least $10 the first time) and confirm in your wallet
- Pick a market, choose long or short, set size and place the order
- Perpl Points Season One
- Purple Summer mPointsUp to $1,000,000 in MON
- Leverage Descent: Sybill proof OI capsIn March 2025, a trader opened an oversized short in a low market cap memecoin on Hyperliquid at 20× leverage, then moved the price so the position liquidated into the protocol’s market-maker vault. The vault took…
- Avoiding the unavoidable key compromiseA few days ago, Ostium was compromised due to access to privileged keys: pricing and execution. This allowed the exploiter to open trades at prices drastically below the market and close them at the market price. After…
Withdrawals are rate limited across the protocol to slow mass outflows during an incident. Points criteria and weights can change at any time. Positions can be liquidated, and auto-deleveraging can close profitable positions.
No security incidents found in our check of Oct 30, 2026.
