Aptos Launches Perpetuals with $50M Deposits

Decibel Launches On-Chain Perpetuals Trading on Aptos Mainnet

• Decibel, developed by Aptos Labs, launched on the Aptos mainnet for fully on-chain derivatives trading.
• The platform executes all operations directly on-chain, including order matching and risk management.
• During its testnet phase, Decibel attracted over 700,000 unique accounts and processed more than one million trades daily.
• The exchange secured over $50M in pre-deposits before going live.
• A new stablecoin, usDCBL, will serve as the primary collateral for perpetual contracts and is backed by cash and short-term U.S. Treasury bills.
• Traders can access the exchange from multiple networks through X-Chain Accounts supporting onboarding from Aptos, Ethereum, Solana, and centralized platforms.

Decibel’s launch brings a comprehensive on-chain trading platform to the Aptos network with significant pre-launch engagement and deposits. The introduction of usDCBL as collateral further supports its operational framework.