Where to Trade BTC Perpetual Futures

28 exchanges offer BTC perps — compare fees, leverage, and volume below.

Bitcoin perpetual futures are the most liquid perp market in DeFi, available on virtually every decentralized exchange. BTC perps consistently account for the largest share of daily volume across all platforms, with the tightest spreads and deepest orderbooks. As the benchmark crypto asset, BTC perps serve as the primary instrument for directional trading, hedging, and basis strategies.

Exchange	Pair	Taker Fee	Leverage	24h Volume
HyperliquidHyperliquid L1	BTC-USD	0.045%	40×	$6.83B	Trade
AsterBNB Chain	BTCUSDT	0.035%	20×	$1.69B	Trade
LighterEthereum L2	BTC-USDC	0.00%	20×	$1.33B	Trade
edgeXEthereum L2	BTC-USD	0.050%	50×	$1.24B	Trade
PacificaSolana	BTC	0.050%	50×	$1.04B	Trade
VariationalEthereum L2	BTC	0.00%	20×	$1.04B	Trade
OstiumArbitrum	BTC/USD	0.10%	200×	$612M	Trade
GMTradeSolana	BTC/USD	0.060%	500×	$598M	Trade
ExtendedStarknet	BTC-USD	0.050%	50×	$564M	Trade
StandXMulti-chain	BTC-USD	0.040%	40×	$309M	Trade
AntarcticArbitrum	BTC-USDT	0.050%	100×	$208M	Trade
Jupiter PerpsSolana	BTC-PERP	0.060%	250×	$193M	Trade
NadoInk	BTC-PERP_USDT0	0.040%	50×	$190M	Trade
GMX v2Arbitrum, MegaETH	BTC/USD [WBTC.b-USDC]	0.060%	100×	$70.5M	Trade
SynFuturesBase	BTC-USDC	0.050%	100×	$69.3M	Trade
dYdXdYdX Chain	BTC-USD	0.030%	50×	$60.1M	Trade
GRVTzkSync	BTC_USDT_Perp	0.040%	20×	$58.2M	Trade
Orderly NetworkMulti-chain	PERP_BTC_USDC	0.030%	100×	$37.1M	Trade
Gains NetworkArbitrum, Polygon, Base	BTC-USD	0.050%	200×	$27.5M	Trade
KiloExBNB Chain, opBNB, Base	BTC-USDT	0.050%	125×	$13.8M	Trade
ParadexStarknet	BTC-USD-PERP	0.00%	50×	$10.7M	Trade
AarkArbitrum	BTC-USDC	0.010%	100×	$5.2M	Trade
HotstuffHotstuff L1	BTC-PERP	0.050%	50×	$1.5M	Trade
BluefinSui	BTC-PERP	0.035%	43×	$469.9K	Trade
EtherealEthereum L2	BTC-USD	0.050%	20×	$23.6K	Trade
Pear ProtocolArbitrum	BTC-USD	0.050%	50×	$7.2K	Trade
MYX FinanceArbitrum	BTC_USDC	0.050%	100×	—	Trade
AvantisBase	BTC-USD	0.060%	500×	—	Trade