Decibel, a perpetual derivatives decentralized exchange incubated by Aptos Labs, officially launched on the mainnet and introduced an official points program. Initially offering perpetual contract trading, Decibel later expanded to spot trading and risk-weighted assets (RWA). After launch, Decibel's trading volume reached $6.4 million, with a total value locked (TVL) of $57 million. Built on Aptos, Decibel supports deposits via Ethereum/Solana's X-chain, and its on-chain CLOB model ensures transparent risk management. The head of the Decibel Foundation emphasized that rewards should be based on genuine trading activity and that system transparency helps build trader trust.
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Decibel, a perpetual derivatives decentralized exchange incubated by Aptos Labs, officially launched on the mainnet and introduced an official points program. Initially offering perpetual contract trading, Decibel later expanded to spot trading and risk-weighted assets (RWA). After launch, Decibel's trading volume reached $6.4 million, with a total value locked (TVL) of $57 million. Built on Aptos, Decibel supports deposits via Ethereum/Solana's X-chain, and its on-chain CLOB model ensures transparent risk management. The head of the Decibel Foundation emphasized that rewards should be based on genuine trading activity and that system transparency helps build trader trust.