TechFlow News: On February 26, Decibel—the full-chain trading engine incubated by Aptos Labs—officially launched. Users can now trade perpetual contracts on-chain leveraging Aptos’s high-performance infrastructure. The mainnet release includes a fully on-chain, verifiable limit-order book for all trades; an on-chain risk engine ensuring transparent execution; a DLP (Decentralized Liquidity Pool) co-developed with Gauntlet; and an X-Chain account system supporting fund deposits from Aptos, Ethereum, Solana, and centralized exchanges (CEXs). The protocol’s native USD-pegged stablecoin, usDCBL—issued via Bridge—serves as the default collateral asset. Additionally, Decibel provides institutional-grade tooling and an open Builder Codes developer layer to foster rich ecosystem collaboration.
During its prior testnet phase, Decibel accumulated over 700,000 unique accounts, 132,000 daily active accounts, and more than one million average daily transactions, while securing $58 million in pre-deposited funds—approximately half of which originated from users within the Solana and Ethereum ecosystems. Looking ahead, Decibel plans to expand beyond crypto perpetual markets into spot markets, unified account systems, and multi-collateral structures, while also exploring on-chain deployment for real-world assets, stock indices, and foreign exchange markets—aiming to bring more institutional-grade trading volume to the Aptos ecosystem.
