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×	$3.46B	Trade
AsterBNB Chain	BTCUSDT	0.035%	20×	$1.19B	Trade
LighterEthereum L2	BTC-USDC	0.00%	20×	$1.11B	Trade
PacificaSolana	BTC	0.050%	50×	$774M	Trade
VariationalEthereum L2	BTC	0.00%	20×	$756M	Trade
StandXMulti-chain	BTC-USD	0.040%	40×	$747M	Trade
GMTradeSolana	BTC/USD	0.060%	500×	$619M	Trade
OstiumArbitrum	BTC/USD	0.10%	200×	$600M	Trade
GRVTzkSync	BTC_USDT_Perp	0.040%	20×	$593M	Trade
ExtendedStarknet	BTC-USD	0.050%	50×	$467M	Trade
Jupiter PerpsSolana	BTC-PERP	0.060%	250×	$158M	Trade
AntarcticArbitrum	BTC-USDT	0.050%	100×	$143M	Trade
edgeXEthereum L2	BTC-USD	0.050%	50×	$94.3M	Trade
NadoInk	BTC-PERP_USDT0	0.040%	50×	$92.5M	Trade
GMX v2Arbitrum, MegaETH	BTC/USD [WBTC.b-USDC]	0.060%	100×	$78.3M	Trade
SynFuturesBase	BTC-USDC	0.050%	100×	$75.7M	Trade
Orderly NetworkMulti-chain	PERP_BTC_USDC	0.030%	100×	$51.6M	Trade
dYdXdYdX Chain	BTC-USD	0.030%	50×	$35M	Trade
Gains NetworkArbitrum, Polygon, Base	BTC-USD	0.050%	200×	$20.9M	Trade
EtherealEthereum L2	BTC-USD	0.050%	20×	$17.7M	Trade
HotstuffHotstuff L1	BTC-PERP	0.050%	50×	$10.2M	Trade
ParadexStarknet	BTC-USD-PERP	0.00%	50×	$9.5M	Trade
AarkArbitrum	BTC-USDC	0.010%	100×	$5.2M	Trade
KiloExBNB Chain, opBNB, Base	BTC-USDT	0.050%	125×	$4.6M	Trade
BluefinSui	BTC-PERP	0.035%	43×	$1.8M	Trade
Pear ProtocolArbitrum	BTC-USD	0.050%	50×	$754.4K	Trade
MYX FinanceArbitrum	BTC_USDC	0.050%	100×	—	Trade
AvantisBase	BTC-USD	0.060%	500×	—	Trade