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.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Court documents reveal: OpenAI and Microsoft executives admit AI poses a substantial threat to journalism, with a Microsoft executive calling it potentially "the largest theft of labor in human history."
-
2
The U.S. House of Representatives is in recess, and AI regulatory legislation will be postponed until after the midterm elections.
-
3
Goldman Sachs Analysis: Historically, US stock energy and technology sectors outperform after Federal Reserve rate hikes, while real estate lags; the pace of rate hikes is key to US stock performance.
-
4
BABYSHIBA Coin Analysis: Memecoin Positioning, Multi-chain Status, and Trading Activity Review
-
5
CoreWeave stock down 32% since joining Nasdaq 100, executives sold over $600M in shares
-
6
ArbDoge AI (AIDOGE) Token: Latest Developments, Risks, and Long-Term Holding Considerations
-
7
The New York Times reported that OpenAI employees were aware that AI posed an "existential threat" to publishers.
-
8
EZDex (EZX) Token Status Analysis: Market Activity and Historical Overview
-
9
TRUMP'S HAT and MAGA Tokens: Issuance, Circulation, and Market Overview Analysis
-
10
KEX Coin Multiple Meanings Explained: The Status and Prospects of KIRA Network (KEX) and Other Entities with the Same Name
Markets Today
Recommended Reading







