BlockBeats News, February 20 — According to the latest specialized report from Messari, Decibel, an on-chain perpetual contract protocol built on the Aptos blockchain, is developing a high-performance, more transparent decentralized trading platform.
The report states that Decibel’s core features include on-chain execution of trade matching, risk management, and settlement, utilizing a unified margin system that allows users to support multiple market positions with a single collateral asset, thereby improving capital efficiency. Technologically, Decibel leverages Aptos’s Block-STM parallel execution engine and a low, predictable fee structure to provide high throughput and low latency infrastructure support for derivatives trading.
In terms of liquidity design, Decibel has launched an officially managed DLP as the core liquidity provider and clearing support, enabling participants to share in clearing fees and market-making profits. The report also mentions the introduction of the native collateral asset USDCBL: users deposit USDC, which is converted into USDCBL, and the protocol uses reserve asset earnings to support operations and fee structures.
Regarding progress, the mainnet beta is about to launch, initially supporting 12 trading pairs, with plans to quickly expand to approximately 50 mainstream trading pairs. In Q1 2026, multi-asset collateral functionality will be introduced, including support for DLP LP tokens as collateral, and expansion into stocks, commodities, and ETF-based RWA perpetual contracts. In Q2, spot trading and integration of Aptos DeFi yield will be launched, with token issuance and institutional-level integration expected within 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Price Compression Signals Imminent Breakout Phase
Key Insights:
Shiba Inu trades near $0.0000060 as tightening volatility and reduced momentum signal an approaching breakout phase after months of sustained decline.
Open interest declines to $68 million, while persistent spot outflows highlight cautious sentiment and limited conviction
CryptoNewsLand1h ago
Crypto Market Records $450M in Liquidations in 24 Hours, Longs Hit Hardest
Gate News message, April 27 — The crypto market saw $450 million in total liquidations over the past 24 hours, with long positions accounting for $281 million and short positions $169 million, according to CoinGlass data.
Bitcoin liquidations reached $167 million and Ethereum $161 million. A total
GateNews2h ago
BTC Liquidation Levels: $81,549 Triggers $2.076B Short Squeeze, $74,502 Triggers $1.706B Long Squeeze
Gate News message, April 27 — According to Coinglass data, if Bitcoin breaks above $81,549, cumulative short liquidations across major CEXs would reach $2.076 billion.
Conversely, if BTC drops below $74,502, cumulative long liquidations across major CEXs would reach $1.706 billion.
GateNews4h ago
ETH Liquidation Data: $1.254B in Short Liquidations at $2,424, $641M in Long Liquidations at $2,212
Gate News message, April 27 — According to Coinglass data, if Ethereum (ETH) breaks above $2,424, cumulative short liquidations on major centralized exchanges would reach $1.254 billion.
Conversely, if ETH falls below $2,212, cumulative long liquidations on major CEXs would reach $641
GateNews4h ago
Whale Opens $11.67M BTC Short Position With 40x Leverage, Targets $70K Exit
Gate News message, April 27 — A whale address, 0xbac, opened a 40x leveraged short position on Bitcoin over the past hour, with a notional value of $11.67 million and an average entry price of $77,749, according to Hyperinsight monitoring.
GateNews7h ago
Global Crypto Funds Record $1.2B Weekly Inflows as Bitcoin Leads Institutional Capital Surge
Gate News message, April 27 — Global crypto investment products issued by asset managers including BlackRock, ARK 21Shares, and Fidelity recorded $1.2 billion in net inflows last week, according to CoinShares data. Bitcoin-based products led the charge with $932.5 million, pushing year-to-date bitco
GateNews8h ago
