Exchanges
Where to execute.
Curated venue directory: 6 DEXs, 6CEXs. Tier reflects v4 integration priority + market share. Custody column matters more than fee tier for size — "self" means your keys, "exchange" means counterparty risk.
Total venues tracked
12
6 DEX · 6 CEX
Self-custody DEXes
6
Your keys · no counterparty risk
Primary tier integrated
6
Active or Sprint 6 integration
| Venue | Type | Tier | Perp | Spot | Custody | Jurisdiction | Notes | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid | DEX | Primary | ✓ | ✓ | self | Global · own L1 | EGOLDS native. ~50% perp DEX share. 220+ perps. Native API. | open |
| edgeX | DEX | Primary | ✓ | — | self | Global · StarkEx L2 | Q2 2026: ~26% perp DEX share. 160+ perp. Sprint 6 integration. | open |
| Aster | DEX | Primary | ✓ | — | self | Global · BNB chain | Q2 2026: ~21% perp DEX share. AI / BNB ecosystem. Sprint 6 integration. | open |
| dYdX v4 | DEX | Secondary | ✓ | — | self | Global · own L1 (Cosmos) | Lost majority share to HL/edgeX/Aster in 2025-26. Still serviceable. | open |
| Binance | CEX | Primary | ✓ | ✓ | exchange | BVI / regional | Largest crypto exchange by volume. Geo-restricted in many countries (US, UK retail, etc). | open |
| Bybit | CEX | Primary | ✓ | ✓ | exchange | Dubai · UAE | Second-largest perp CEX. Better UX than Binance for many traders. | open |
| OKX | CEX | Primary | ✓ | ✓ | exchange | Seychelles · regional | Top 3 by volume. Strong derivatives product. Wallet ecosystem. | open |
| Coinbase | CEX | Secondary | ✓ | ✓ | exchange | United States · public co | Highest regulatory standing. International Exchange has perps (geo-gated). | open |
| Kraken | CEX | Secondary | ✓ | ✓ | exchange | United States | Pro derivatives. Solid US fiat onramp. Lower volume than top 3. | open |
| Deribit | CEX | Specialty | ✓ | — | exchange | Dubai · UAE | Options-first venue. ~95% crypto options volume. Perp adjacency. | open |
| Polymarket | DEX | Specialty | — | — | self | Global · Polygon | Prediction market vertical. Sprint 8 deep integration. | open |
| Aevo | DEX | Specialty | ✓ | — | self | Global · own roll-up | Options + perps DEX. Decent BTC/ETH weeklies. | open |
Custody disclosure
DEX = self-custody. You hold the keys. No counterparty can freeze your funds. Risk is at the contract / protocol level. CEX = exchange custody.They hold your funds. Counterparty + regulatory + operational risk. FTX, Mt. Gox, QuadrigaCX happened. The case for DEX isn't about fees — it's about who can touch your money.