The post Decibel Unveils Aptos-Based Perpetuals Exchange With Smart Contract Settlement appeared on BitcoinEthereumNews.com.

700K users and $58M in deposits back Decibel’s shift to a fully onchain perpetuals exchange on Aptos mainnet. Onchain derivatives trading continues to expand as new venues push for transparent execution. Decibel, a perpetuals exchange incubated by Aptos Labs, has now gone live on Aptos mainnet. The launch follows a large-scale testnet phase that drew hundreds of thousands of users and significant committed capital. Mainnet activation marks Decibel’s shift into a fully operational trading venue with live user funds. Aptos-Based Perpetuals Exchange Goes Live After 1M Daily Testnet Trades Decibel Foundation confirmed that the protocol recorded over 700,000 unique accounts during the testnet. Daily active accounts reached 132,000, with more than one million trades executed per day. The pre-deposit campaign attracted $58 million in committed capital before the mainnet launch. 🔊 @DecibelTrade Mainnet is LIVE! The onchain trading engine, built on the high-speed rails of Aptos for real-time global value movement, is here. Decibel delivers a unified exchange layer for any asset, any trader, anywhere. Co-developed by Decibel Foundation & @AptosLabs. pic.twitter.com/gf7R6Vf35V — Aptos (@Aptos) February 26, 2026 The platform runs a fully onchain central limit order book, so every order, trade, and settlement can be checked publicly. As a result, matching, risk checks, and liquidations all happen directly on smart contracts. Because finality takes less than a second, traders can cancel orders quickly and adjust their positions without delay. Aptos forms the base layer for the platform. It processes blocks in under 50 milliseconds and reaches finality in less than 500 milliseconds. In addition, its Block-STM system allows many transactions to run at the same time, which increases throughput.  An encrypted mempool also helps reduce front-running and some MEV risks. With this speed and design, traders can see tighter spreads and faster liquidations. Risk engine runs fully onchain and…

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Filed under: News - @ February 27, 2026 7:27 am