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Go to QFEX
QFEX
PerpsWe farm it
Hybrid perpetual futures exchange with a central limit order book for 24/7 trading of equities, indices and commodities.
- Hybrid perp exchange with a central limit order book for stocks, indices and commodities, open 24/7
- Matching runs off-chain on QFEX servers; client stablecoins are held by BitGo Bank & Trust
- Fund with USDC on Arbitrum One
- Base taker fees: 0.05% on commodities and indices, 0.10% on single stocks
- Pre-IPO stock perps on companies before they list
4.6 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
- 0.05%
- Maker
- 0.02%
- Volume a day
- $300M
- Open interest
- $182M
- Rewards 2.0
- No token, points or competitions; only referral fee discounts
- Taker fee 3.6
- 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 6.3
- 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
- Custodial (BitGo holds funds), no public audit, launched Mar 2026
- Open interest 7.8
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 10.0
- Exchange account, no gas per trade, 199 stock, index and commodity perps
- Access 2.0
- KYC required before your first order
- Create an account and pass identity verification (KYC); an invitation code gives a fee discount
- Open Deposit / Withdraw and select Deposit funds
- Send USDC on Arbitrum One to the address shown
- Pick a market and place an order
QFEX is custodial: client funds sit with BitGo and matching runs on QFEX servers. If trading cannot safely continue, QFEX may enter Emergency Exit and settle positions at the last valid mark price. Only deposit USDC on Arbitrum One; other assets or networks may be lost.
No security incidents found in our check of Oct 30, 2026.
