Best Perpetual DEX to Watch in 2025: Top Decentralized Futures Platforms for Traders

In 2025, Perpetual DEXs have become one of the biggest shifts in decentralized finance. They are changing how traders use leverage and access liquidity. Unlike centralized exchanges that hold user funds, Perpetual DEXs let traders open and manage positions directly on-chain. There are no middlemen. Every margin, liquidation, and settlement process is transparent.

The difference between centralized and decentralized perpetual exchanges is now clear. Centralized platforms are fast but risky. They depend on custodians, closed systems, and limited oversight. Decentralized Perpetual Exchanges are different. They run on smart contracts, giving traders control and proof of every transaction. Users keep their assets and trade with full transparency.

Among today’s leading platforms, Bitget Wallet stands out as the Best Perpetual DEX. It combines strong security, deep liquidity, and self-custody in one simple system. As on-chain trading grows and cross-chain perpetual futures expand, Bitget Wallet leads the move toward transparent, secure, and autonomous trading in the DeFi world.

Trade, store, and explore Web3 seamlessly – beginner-ready with Bitget Wallet.

Key Takeaways

• The Best Perpetual DEXs in 2025 combine on-chain security, high performance, and deep liquidity to deliver efficient decentralized trading.
• Bitget Wallet leads this evolution with deep liquidity pools, precise funding mechanisms, and full transparency in one seamless ecosystem.
• On-chain perpetuals are reshaping decentralized markets, giving traders full control of their assets while accessing advanced tools once limited to centralized finance.

What Is a Perpetual DEX and How Does It Work?

A Perpetual DEX is a decentralized trading platform that allows users to trade perpetual futures without expiry dates. It relies on blockchain-based smart contracts for settlement, margin control, and risk management. Through funding rates and leverage mechanisms, these exchanges keep prices closely aligned with the spot market while maintaining transparency and self-custody.

There are two main types of Perpetual DEXs: AMM-based and order book-based. AMM models like GMX use liquidity pools to enable smooth, low-slippage trading, while order book platforms such as Hyperliquid offer more precise, centralized-style execution. Both rely on transparent smart contracts that manage liquidation and collateral automatically, giving traders speed, security, and full control over their assets.

Learn more: What Is Perpetual DEXs and What Traders Should Know About Perpetual Trading

Why Perpetual DEXs Are Surging in 2025

The surge of Perpetual DEXs in 2025 comes from a mix of market, technology, and user-driven changes. After several liquidity crises in centralized exchanges, traders have shifted toward on-chain platforms where transparency and asset control are guaranteed. Faster Layer-2 networks, better oracles, and stronger smart contract audits have also made decentralized trading cheaper and more secure.

At the same time, cross-chain trading is unlocking deeper liquidity across multiple blockchains, letting traders access perpetual markets with ease. This shift shows a clear move toward self-custodial and transparent futures trading, where users manage both their collateral and their risk. As DeFi derivatives continue to grow, Perpetual DEXs stand as the next logical stage in the evolution of decentralized trading.

Best Perpetual DEXs to Watch in 2025

The Best Perpetual DEX platforms in 2025 deliver fast execution, on-chain transparency, and deep liquidity across multiple blockchain networks. Each has introduced unique solutions for derivatives trading, funding rate calculation, and capital efficiency.

1. Bitget Wallet — The Best Perpetual DEX in 2025

Leading the list is Bitget Wallet, widely recognized as the number one decentralized perpetual trading platform. It offers seamless perpetual trading with complete self-custody, real-time funding rate visibility, and deep liquidity supported by multi-chain integrations. Its Layer-2 infrastructure provides exceptional scalability, ensuring low fees and stable performance even during high market volatility. Bitget Wallet’s perpetual interface gives traders institutional-grade tools within a decentralized framework. You can explore perpetual trading directly on the Bitget Swap homepage.

Source: Bitget Wallet

2. Hyperliquid

Hyperliquid uses a fully on-chain order book model to offer institutional-level execution and minimal latency. It combines strong liquidity depth with transparent matching, appealing to traders who demand precision and speed. Its structure allows it to rival centralized exchanges while maintaining full decentralization.

Source: Hyperliquid

Learn More: Hyperliquid Perpetual Coinbase Listing Breakdown: What It Means for Traders?

3. Aster

Aster adopts a hybrid architecture that merges AMM-based liquidity with order book precision, optimizing for capital efficiency and reduced slippage. It enables higher leverage while maintaining consistent liquidity, positioning itself as a rising star in perpetual futures trading.

Source: Aster

Learn More: Aster Listing Details: $ASTER Launch Date and How Aster Powers Perpetual and Spot Trading

4. Lighter Finance

Lighter Finance focuses on synthetic asset exposure with minimal funding costs. Built on Ethereum Layer-2, it offers low transaction fees and fast execution while expanding into newer synthetic and perpetual markets. Its tokenomics reward both traders and liquidity providers for participation.

Source: Lighter

Read more: What Is Lighter (LIGHT): A zk-Rollup Perpetuals DEX With Verifiable Matching and Secure Liquidations

5. Jupiter Perps

Operating on the Solana network, Jupiter Perps is known for its cross-chain execution capabilities and intuitive interface. It combines low transaction costs with fast settlements, making it a strong choice for traders seeking efficiency across blockchain ecosystems.

Source: Jupiter

Avantis

Avantis represent a new generation of niche perpetual DEXs exploring advanced tokenomics and cross-margin capabilities. Their focus on risk-managed structures and custom derivatives contracts makes them experimental yet noteworthy platforms to watch.

Source: Avantis

Why Bitget Wallet Leads the Perpetual DEX Revolution

Bitget Wallet leads the perpetual DEX revolution through its strategic blend of liquidity, transparency, and scalability. The platform’s multi-chain liquidity pools enable traders to access deep markets across major assets like BTC, ETH, and stablecoins without sacrificing speed or security. It incorporates institutional-grade safeguards such as audited smart contracts, transparent funding mechanisms, and a robust Layer-2 trading environment.

Seamlessly integrated within the broader Bitget ecosystem, Bitget Wallet also supports copy trading, staking, and in-depth learning through Bitget Academy. This combination of education, execution, and ecosystem strength sets it apart from other platforms. By offering DeFi-level flexibility with CEX-level performance, Bitget Wallet stands out as the most dependable choice for today’s perpetual traders.

How to Trade on Bitget Wallet Perpetual DEX (Step-by-Step Guide)

Trading Futures on Bitget Wallet means speculating on a token’s price movement — you don’t buy or hold the token itself, but trade contracts that mirror its price. Your profit or loss depends on how the market moves.

Bitget Wallet makes this process simple and transparent. You can access decentralized perpetual futures directly on-chain, choose your preferred leverage, and open long or short positions based on your strategy. Always remember to set leverage carefully according to your risk tolerance to manage exposure effectively.

Here’s a step-by-step guide to trading futures on Bitget Wallet.

Step 1: Go to Markets, then tap Futures.

Choose a trading pair such as BTC/USDT.

Step 2: Go to Trade → Futures.

Tap the + icon to deposit USDT into your Futures account.

Step 3: Select Cross or Isolated margin mode.

Adjust your leverage (for example, 10x).

Step 4: Tap Limit order to choose Limit, Market, or Trigger order type.

Enter your desired price and amount.

Step 5: Review your order details carefully.

Tap Confirm to place the order.

Step 6: Check your open position under Positions.

To close a trade, tap Close position.

Step 7: To change leverage before an order fills, tap Leverage.

Step 8: Tap TP/SL to set your take-profit and stop-loss targets.

Enter your trigger prices and confirm.

• Download Bitget Wallet to trade Perp DEX contracts, manage stablecoins securely, and join the next wave of decentralized derivatives.

Explore More on Bitget Academy

Learning perpetual trading doesn’t end with using a decentralized exchange — it starts there. Bitget Academy equips traders with the knowledge and tools to master the perpetual futures ecosystem. From risk management to advanced trading strategies, it helps both beginners and professionals trade confidently in the decentralized market.

Inside the Academy, traders can access tutorials on margin control, funding rate mechanics, and on-chain data analysis to improve entry and exit timing. It also features case studies, tokenomics insights, and liquidity management guides for those aiming to level up their trading skills.

By merging education with analytics, Bitget Academy bridges the gap between theory and real-world execution. It’s the go-to hub for learning Perpetual DEXs and the future of on-chain trading.

Start learning with Bitget Academy — and trade smarter with Bitget Wallet.

Conclusion

Bitget Wallet stands as the Best Perpetual DEX of 2025, combining the transparency of decentralized systems with the efficiency of institutional-grade trading tools. As the global derivatives market continues to migrate on-chain, Bitget Wallet exemplifies how decentralized perpetuals can deliver freedom, control, and reliability. The evolution of perpetual DEXs represents more than a trend — it is the foundation of the next era in DeFi, where ownership, transparency, and performance converge.

Experience the future of on-chain perpetuals — start trading securely with Bitget Wallet today.

Bitget Wallet: The beginner-friendly gateway for stablecoins, memecoins, and cross-chain trading.

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FAQs

What is the difference between a Perpetual DEX and a CEX?

A Perpetual DEX allows traders to manage positions directly through smart contracts without custodial risk, while a CEX holds user funds and manages settlements internally.

How does the funding rate work on Bitget Wallet?

The funding rate ensures the perpetual contract price stays aligned with the spot market by incentivizing traders to balance long and short positions.

Which Perpetual DEX is best for beginners?

Bitget Wallet is ideal for beginners due to its user-friendly interface, educational support, and transparent risk controls.

Are perpetual DEXs safe and regulated?

While decentralized, top-tier DEXs like Bitget Wallet undergo smart contract audits and maintain transparency, offering robust user protection compared to unregulated centralized exchanges.

How do I choose the right leverage level for my trades?

Start conservatively, monitor funding costs, and adjust gradually. Proper leverage management reduces risk and prevents unnecessary liquidations.

Risk Disclosure

Please be aware that cryptocurrency trading involves high market risk. Bitget Wallet is not responsible for any trading losses incurred. Always perform your own research and trade responsibly.