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Perpetual

Focus: Eligibility, snapshot date, token reward analysis.

Overview

What is Decibel?

Decibel is a composable, on-chain trading engine built on the Aptos blockchain that unifies spot trading, perpetuals, vaults, and yield opportunities into a single programmable platform.

Unlike traditional decentralized exchanges, Decibel operates as a fully on-chain trading infrastructure that delivers centralized exchange-level performance while maintaining complete custody transparency and on-chain settlement.

The platform addresses a fundamental challenge in decentralized finance by eliminating the traditional tradeoffs between performance and decentralization. Decibel’s architecture supports cross-margin, multi-collateral accounts, enabling traders to utilize various assets as collateral while accessing multiple trading products simultaneously.

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