The end-to-end trading engine Decibel has officially launched, with $58 million in pre-funded capital
Svmuu News: Decibel, a full-chain trading engine incubated by Aptos Labs, has officially launched, enabling users to trade on-chain perpetual contracts on Aptos’s high-performance infrastructure.Mainnet features include an on-chain limit order book that verifies all transactions, a transparent on-chain risk engine, a DLP liquidity pool co-developed with Gauntlet, and an X-Chain account system supporting fund transfers from Aptos, Ethereum, Solana, and CEX fund on-ramps. It utilizes the protocol’s native USD-pegged stablecoin, usDCBL, issued via Bridge, as the default collateral asset, and is equipped with institutional-grade tools and an open Builder Codes developer layer.During the testnet phase, the platform generated over 700,000 unique accounts and 132,000 daily active users, with an average of over 1 million daily trades, and raised $58 million in pre-deposits, approximately 50% of which came from users in the Solana and Ethereum ecosystems.Moving forward, Decibel plans to expand from the crypto perpetual futures market into spot trading, a unified account system, and multi-collateral structures. It also aims to explore on-chain solutions for real-world assets, stock indices, and foreign exchange markets, with the goal of bringing more institutional-grade trading volume to the Aptos ecosystem.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
RTHK: U.S. stocks closed lower on Tuesday, with the Dow down 0.3% and the Nasdaq down 0.7%.
-
2
CNBC: Colom leads by 2,607 votes in Mississippi Senate race, race uncalled
-
3
Financial Times: Anthropic's underwriting banks prepare to boost IPO valuation to at least $1.5 trillion
-
4
Al Jazeera: UKMTO receives report of incident involving oil tanker in Strait of Hormuz, details unclear
-
5
Hong Kong and mainland Chinese stocks opened lower, weighed down by higher-than-expected US inflation and escalating interest rate hike expectations.
-
6
Nikkei Stock Average flat at 60,451.02 as bank and pharma gains offset tech and machinery losses
-
7
Al Jazeera: Iran denies holding talks with the US
-
8
Hong Kong's Insurance Authority (IA) has prohibited Lim Ka Kit from engaging in insurance intermediary business for nine months.
-
9
Binance Announcement: bStocks to Support SanDisk (SNDK) 1-for-8 Stock Split
-
10
Musk retweeted that the US Federal Communications Commission has accepted SpaceX's application to acquire 800 MHz spectrum.
Markets Today
Recommended Reading


