Aark

Aark is an ultra-high leverage perpetual DEX on Arbitrum offering up to 1000x leverage with remarkably low fees of just 0.01% for both maker and taker. Launched in August 2023, it achieves its ultra-low fee structure by mirroring liquidity from centralized exchange order books.

The platform lists 300+ markets including long-tail assets that other DEXes don't cover, with USDC as collateral and 8-hour funding intervals. The 1000x leverage cap is the highest available in DeFi, designed for traders seeking maximum capital amplification.

Aark's liquidity mirroring model pulls pricing and depth from major centralized exchanges, enabling it to offer deep liquidity across a wide range of pairs without requiring native market makers. This approach allows the ultra-low 0.01% fee structure, but introduces dependency on external CEX liquidity.

The AARK token launched in June 2024, backed by Delphi Digital, OKX Ventures, Arrington Capital, and HashKey following a $6 million seed round (April 2024). However, the token has declined approximately 98% from its listing price. Stakers earn up to 40% of trading fees in USDC, and the VIP program offers fee rebates for high-volume traders. Daily volume exceeds $200 million.

Aark targets traders who want the highest leverage available in DeFi (1000x) with the lowest possible fees (0.01%). Its extensive market coverage includes long-tail assets not found on most DEXes, though traders should understand the CEX liquidity dependency.