what's Decibel?
Decibel is an onchain trading engine built on the Aptos blockchain, designed to deliver centralized exchange (CEX)-level speed and user experience while maintaining the transparency and composability of decentralized finance (DeFi). It integrates spot trading, perpetual futures, and yield strategies into a single interface, enabling seamless cross-chain operations and shared margin across assets. By leveraging Aptos' high-throughput technology, Decibel facilitates faster capital formation, asset listings, and access to a broader financial ecosystem including aggregators, stables, real-world assets (RWAs), and lending protocols. The platform emphasizes interoperability, allowing users to hedge positions across chains without fragmented liquidity or complex tax-like processes. It supports features like one-click trading and automated risk management tools such as stop-losses, aiming to make onchain trading as intuitive as traditional exchanges. Decibel's architecture promotes composability, where DeFi protocols can interact fluidly, reducing silos and enhancing overall efficiency in the blockchain trading landscape.
Decibel hit $1B volume in
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x.com/decibeltradeReached $1 billion trading volume in less than a month since launch on its global trading engine.
Ranked #14 in transaction fees burned after increasing gas fees by 10x.
Co-hosts invitation-only "High Stakes - New York" event with ETHGlobal, 1inch, and GBBC_io on 2026-03-25 from 6-11pm, targeting founders, investors, and infrastructure leaders.
Expanded perpetual futures markets from 5 to 10 available trading pairs.
Surpassed 12,000 monthly active addresses on Aptos, representing a 100% week-over-week increase.
Launched mainnet on Aptos on March 3, 2026, featuring an onchain risk engine, liquidations, order book, perpetuals trading, an on-chain cancel prioritization feature, and an encrypted mempool protecting against MEV and front-running by hiding order information until after sequencing.
Targets over 32 million APT in burns per year from DEX operations and potential buyback programs using protocol revenue once 100 markets are live.
Launched native stablecoin USDCBL in February 2026, backed by cash and U.S. Treasuries. Uses USDCBL as default collateral, converting deposited USDC via onchain transaction to earn value on reserve assets.
Scheduled mainnet launch for February 2026, following USDCBL stablecoin launch.
Reached $57M in USDC pre-deposits through February 24, 2026 for DLP. Participants eligible for Season 0 points (AMPs), USDC-denominated rewards, priority Mainnet Beta access, and early allocation to DLP vault.
Reached over 100,000 lines of Move code in the application codebase.
Hosted a Christmas testnet trading competition that concluded around December 25, 2025.
Launched testnet with API access for builders, priority mainnet access for traders, shelbyserves integration, and an onchain risk system built with Gauntlet.
Testnet launches on Aptos with mainnet scheduled for Q1 2026, featuring vault deposits and leaderboard-based incentive system.
Risk management partnership goes live to develop a risk engine and monitoring systems for the trading ecosystem.
Testnet launches this week, advancing the project toward mainnet after the closed devnet testing phase.
Chainlink Data Streams and DataLink officially launch on Aptos with Decibel as the flagship launch user, enabling low-latency market data for accurate mark price and funding rate calculations on the $750 million TVL network.
Early access and an ambassador program are now live, allowing users to apply and participate.
Closed devnet testing is live with invite-only access, featuring a points earning system for early testers and referral codes for the upcoming mainnet launch.
Partnership with World Liberty Financial announced despite venture capital backlash. Platform discussed in context of Jio potentially bringing 500 million users to crypto on Aptos.
Testnet launches in November with direct deposits from centralized exchanges and bridgeless deposits for the high frequency perpetuals DEX.
DecibelTrade partners with Jump and Aptos Labs, with Kevin Bowers (Jump's Chief Science Officer and Firedancer architect) speaking at their multi-day event.
Former Binance CEO CZ mentions the platform as a promising new entrant in the competitive on-chain trading application space.
Launched a fully on-chain order book perpetuals DEX on Aptos Devnet, featuring onchain order matching, clearing, and settlement without off-chain engines, offering spot, perpetuals, vaults, and lending.
Incubated by Aptos Labs.
Aptos develops trading engine with bulk order primitives, allowing 20+ simultaneous position updates for onchain market making.