Decibel Launches On-Chain Trading Protocol on Aptos Devnet
Decibel, an on-chain trading protocol, has launched on the Aptos devnet. The platform integrates:
- Spot trading
- Perpetual futures
- Yield strategies
The invite-only test environment offers simulated cross-margin trading, composable vaults, and high-speed order execution, aiming to mirror centralized exchange performance with DeFi transparency.
Key metrics indicate that decentralized exchanges (DEXs) achieved over $876 billion in volume during Q2, with weekly DeFi activity exceeding $48 billion across 14 million wallets.
Supported by the Decibel Foundation and Aptos Labs, Decibel is intended as a core financial infrastructure layer on Aptos, integrating with its stablecoin payment systems and Shelby for decentralized data storage.
Future upgrades aim for:
- Performance scaling to 1 million orders per second
- Sub-20ms block times
This could enhance Decibel's competitiveness with leading centralized exchanges.