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's application codebase now exceeds 100,000 lines of Move code.
Links
x.com/decibeltradeLaunched mainnet on Aptos with fully onchain risk engine, liquidations, order book, and perpetuals trading, described as the fastest in the world.
Targets over 32 million APT in burns from trading activity 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.
Opened USDC pre-deposits through February 24, 2026, reaching over $17M 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.
Testnet goes live with API access for builders and priority mainnet access for traders who test, featuring 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 perpetuals exchange on Aptos Devnet with spot, perpetuals, vaults, and lending, utilizing a CLOB model with on-chain execution.
Incubated by Aptos Labs.
Aptos is developing a next-generation trading engine in partnership with the project to enable centralized exchange speeds with blockchain advantages.