everyone's still farming the same old perp dexes. here are 5 newer platforms actually worth a look: 1. @TxFlow_L1 : its own layer 1 doing 250k TPS with parallel execution, running a fully on-chain order book DEX on top. every app on it shares liquidity directly with no bridging. no VCs, community-owned from genesis, all verifiable on-chain. a rare no-VC launch on its own high-speed chain, and it's still early. 2. @risextrade : fully on-chain order book on RISE with around 1ms updates and very low fees. as fast as a centralized exchange but everything stays verifiable on-chain. still new, still early. 3. @AFX_XYZ : its own sovereign layer 1 built specifically for derivatives, with sub-100ms finality and matching + settlement fully on-chain, so you keep self-custody. fair pricing from a 3-source mark price (order book + binance/bybit/okx), tiered margin, a 4-phase liquidation system, and an LP vault backstop. up to 100x leverage, low fees (0.01% maker / 0.06% taker), trading crypto, commodities, equities, and ETFs. @ProprXYZ : not a perp dex, but worth knowing: an on-chain prop firm built on hyperliquid. pass a challenge, get a funded account up to $100k across 200+ assets, keep 80% of profits, payouts in USDC in minutes. you trade with their capital, not yours. @PhoenixTrade : fully on-chain order book on solana from the ellipsis labs team. gasless, non-custodial, near-zero fees, and the mobile version works exactly like desktop. one of the cleanest solana perp experiences right now. all early. all worth checking before everyone else does. dyor + nfa.
· 6.1K Views
