Perp DEXs in 2026: Paradex - rekt Based - rekt EdgeX - rekt Defx - rekt Dango - rekt Ventuals - rekt Satori - rekt AFX - rekt Ostium - rekt GRVT - rekt OpenPerps - rekt Felix - rekt Polynomial - rekt Ranger Finance - rekt Aftermath - rekt Next in line: Dreamcash Cascade Hotstuff Reya Meridian At this point, it's not even about my skip list anymore. Just check the FDV odds on Polymarket for each perp DEX and you'll see what I mean. Only a handful will survive. That's the reality of this market.
At the moment @DefiLlama already shows 200+ perp DEXes. To save you time hunting for the ones without a token (and potential airdrop farming), here's my current focus list. Focusing on: @variational_io, @tradexyz, @nadoHQ, @bulktrade, @risextrade Currently skipping: grvt, gmtrade, standx, pacifica, extended, antarctic, ostium, satori, reya, decibel, ethereal, vest, hibachi, 01, bullbit, phoenix, dreamcash, miracle, dexari, bullpen, ventuals, liquid, rho, carbon, hotstuff, dango, cascade Hope I saved you some time and money
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