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Ethereal DEX

Trade leveraged or perpetual contracts on-chain.

Total value held · all chains
$34.5 Million
-4.4% this week

Chains

0

Live yield options

0

Best reward rate

Live since

2025

Earn here · live yield options

Yields available on Ethereal DEX

Ethereal DEX doesn't currently expose live yield options we track. Visit the official site to see what they offer right now.

How it works

Using Ethereal DEX in three steps

  1. 1

    Pick the trade

    Choose an asset and a direction — long if you think it goes up, short if you think it goes down.

  2. 2

    Open with margin

    Post a small amount as margin to control a larger position. Leverage amplifies both gains and losses.

  3. 3

    Close when ready

    Settle the trade in cash. If the asset moved your way, you profit; if it didn't, you cover the loss with your margin.

Read up

About Ethereal DEX

Ethereal is a non-custodial DEX for spot and perpetual contracts built on the Ethena Network, using USDe as the primary collateral and engineered for CEX-level performance with DeFi security

Description provided by the protocol team. Always verify directly before depositing funds.

Frequently asked

What people ask about Ethereal DEX

What is Ethereal DEX?

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Ethereal DEX is an on-chain app. Trade leveraged or perpetual contracts on-chain.

Is using Ethereal DEX safe?

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Ethereal DEX has 2 public audits on file. Audits help — they don't eliminate risk. Always check what tokens you're depositing and never put in more than you can afford to lose.

How much can I earn?

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Right now yields on Ethereal DEX run varies by option per year, depending on which pool you pick and which chain you use. Rates change with demand.

Which chains does it run on?

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Ethereal DEX runs on 0 chains, including . Each chain has its own fees and speeds — pick the one you already use.

Figures are reference values aggregated from public sources and refresh hourly. Always confirm directly before depositing funds.