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Decibel

Overview

What is Decibel?
Decibel offers perpetual futures with cross-margin and multi-collateral support across APT, ETH, BTC, and USDC, with spot trading and composable yield strategies planned for 2026. It launched on Aptos Mainnet on February 26, 2026 following a testnet phase with over 700,000 unique accounts and $58M in pre-deposits.
How does Decibel work?
The protocol executes and matches trades directly onchain using Aptos's parallel execution and sub-125ms block times, eliminating centralized sequencers and enabling transparent settlement of every order and liquidation.
Who governs Decibel?
Decibel is a fully onchain trading engine incubated by Aptos Labs and built on the Aptos blockchain.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.