Perpetual DEX Guides & Reviews
Platform reviews, step-by-step tutorials, and in-depth comparisons to help you choose the right trading platform
Latest Articles
Hyperliquid Complete Guide: Fees, HLP, HyperEVM, and Trading Risks
Learn how HyperCore and HyperEVM work, including perpetual and spot fees, HLP, HYPE staking, deposits, withdrawals, margin, liquidation, and referral-code risks.
Hyperliquid Registration Tutorial 2026: Quick Start Trading with Referral Code ABABAB
Detailed step-by-step tutorial on how to register a Hyperliquid account, use exclusive referral code ABABAB to enjoy fee discounts, and start experiencing high-performance on-chain perpetual contract trading from scratch.
Hyperliquid HIP-3 Stock Perps: Deployers, Oracles, and Trading Risk
Understand Hyperliquid HIP-3 stock perps through deployer responsibility, independent books, oracles, margin, fees, settlement, and the difference from shares.
Stock Event Contracts vs Single-Stock Futures vs Stock Perps: Three Different Exposures
Compare stock and index event contracts, CME single-stock futures, and stock perpetuals across payoff, expiry, funding, trading hours, settlement, and ownership.
How to Check Event Contract Settlement Rules: Sources, Thresholds, Expiry, and Edge Cases
A pre-trade checklist for verifying an event contract's source agency, observation time, threshold, expiry, edge cases, clarifications, and decision-maker.
Prediction Market Self-Certification Is Not CFTC Approval: How Event Contracts Get Listed
Understand event-contract self-certification, voluntary CFTC approval, and the different roles of DCMs, FCMs, and customer-facing apps.
Prediction Market Comparison: Polymarket vs Kalshi vs Robinhood
Compare Polymarket, Polymarket US, Kalshi, and Robinhood across regulation, funding, fees, liquidity, resolution, and geographic access.
Robinhood Chain Explained: How Stock Tokens Bring U.S. Equity Exposure Onchain
Understand Robinhood Chain, the legal structure of Stock Tokens, 24/7 trading, DeFi composability, geographic limits, and key risks.
Pre-IPO Perpetuals Risk Guide: How to Read OpenAI, Anthropic, and SpaceX Markets
Understand how pre-IPO perps differ from private shares and tokenized stocks, including valuation units, oracles, liquidity, funding, IPO conversion, and settlement risk.
Tokenized Stock Collateral Risk: Equity Perp Liquidation, Oracles, and Weekend Gaps
Understand the double price exposure created when tokenized equities back perpetual positions, including correlation, oracle divergence, weekend gaps, funding, liquidity, and liquidation paths.
Ondo Perps vs Hyperliquid HIP-3: Stock Perps, Collateral, and Risk Compared
Compare Ondo Perps with Hyperliquid HIP-3 across product design, collateral, deployer responsibility, oracles, leverage, fees, funding, liquidation, and regional access.
Ondo Perps Complete Guide: Tokenized Stock Collateral, Fees, and Liquidation
Learn how Ondo Perps uses tokenized equities or stablecoins as collateral for equity, index, and commodity perpetuals, with a practical review of fees, funding, oracles, liquidation, and access limits.
dYdX Complete Guide: Order Book, Fees, Funding, and Liquidation
Evaluate dYdX through order behavior, maker-taker fees, hourly funding, margin, liquidation, deposits, withdrawals, and access restrictions.
Lighter Complete Guide: Zero-Fee Accounts, ZK Architecture, and Funding
Understand Lighter Core, Ethereum anchoring, Standard and Premium account fees, order latency, hourly funding, deposits, withdrawals, and risks.
ApeX Omni Complete Guide: Order Book, Fees, VIP, and Referral
Understand ApeX Omni order books, base fees, VIP and referral interactions, funding, margin, transfers, the referral entry, and risk checks.
Aster Complete Guide: Pro Order Book, Fees, Funding, and Liquidation
Understand Aster Pro order books, product-specific fees, funding, cross and isolated margin, liquidation, referral entry, and pre-trade checks.
Funding Rates Explained: Cost, Crowding, and Perpetual Price Alignment
Understand how perpetual funding works, who pays, how to calculate holding cost, what funding says about crowding, and why it is not a trade signal.
Best Perpetual DEX Platforms: GMX vs dYdX vs Hyperliquid
Compare GMX, dYdX, Hyperliquid, Gains Network, and other perpetual DEXs by fees, liquidity model, execution style, leverage, and risk controls.
Perpetual DEX Beginner's Guide: Leverage, Fees, Funding, and Liquidation
Learn how perpetual DEX trading works, including leverage, margin, funding rates, fees, liquidation risk, wallet safety, self-custody, and how to choose a beginner-friendly platform.
GMX vs dYdX: V2 Liquidity Pools or an Order Book?
Compare GMX V2 and dYdX Chain across execution, fees, price impact, order books, funding, borrowing, margin, liquidation, deposits, withdrawals, and trader fit.
GMX Complete Guide: V2 Fees, Liquidity, Leverage, and Risks
Learn how GMX works, including V2 trading fees, GM liquidity, leverage, funding and borrowing fees, liquidation risk, wallet safety, and when to compare GMX with other perpetual DEXs.
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