Defx DEX profile
Editorial record: June 1, 2026
Type
order-book
Swap Fee
0.05%
Trading Pairs
20+
Source status
Check provider
No provider on this page operates or endorses InsideCryptoReview. Some links are affiliate links. We can earn a commission if you use them. A provider cannot approve or change editorial copy before publication. Read our editorial policy.
Risk Disclaimer
Cryptocurrency trading and investing involve a substantial risk of loss. Prices can change significantly in a short period, and you can lose some or all of your invested capital. This page gives information and does not give financial, investment, or legal advice. Check current provider terms and assess your risk before you make a financial decision. InsideCryptoReview can earn a commission from an affiliate link. A provider cannot approve or change our editorial copy. Past performance does not guarantee future results. Invest only an amount that you can afford to lose.
Editorial desk producing public-source crypto product research. Pages identify their evidence and limitations; hands-on testing is claimed only when dated evidence is shown.
Last Updated: June 1, 2026
Our MethodologyOverview
Defx is a perpetual futures exchange on Solana with an order-book trading model. It supports leveraged trading and limit orders through a wallet interface. Solana can offer low transaction costs, but execution still depends on market depth and network conditions. Leveraged contracts can be liquidated.
Defx
Public sourcesProfile summary
Perps DEX on Solana with order-book trading and fast execution
Fees & Costs
| Swap Fee | 0.05% |
| Protocol Fee | 0.02% |
| Gas Estimate | $0.001-$0.01 |
Security & Audits
| Audits | Independent Auditor |
| Open Source | ✗ No |
| Bug Bounty | ✗ No |
Features
Supported Chains
| Limit Orders | ✓ Yes |
| Perpetuals | ✓ Yes |
| Cross-Chain | ✗ No |
| Lending | ✗ No |
| Farming | ✗ No |
| Staking | ✗ No |
Pros & Cons of Defx
Pros of Defx
- ✓Built on Solana for ultra-fast transactions
- ✓Very low transaction costs on Solana
- ✓Order-book model familiar to CEX traders
- ✓Supports leverage and limit orders
- ✓Active points program rewarding early users
Cons of Defx
- ✗Limited to Solana chain only
- ✗Closed-source code limits transparency
- ✗Small trading pair selection and lower liquidity
Defx is a decentralized perpetual futures exchange on Solana. It uses an on-chain order book to match trades. Check supported collateral, leverage limits, contracts, and network costs before you connect a wallet.
Defx charges a 0.05% swap fee and a 0.02% protocol fee for perpetual futures trading. Since it runs on Solana, gas costs are negligible - typically between $0.001 and $0.01 per transaction. This makes Defx one of the cheapest options for frequent perps traders who want to minimize total trading costs.
Defx lists one independent audit for its contracts and matching engine. The code is not open source, which limits external review. The data entry does not list a bug bounty program. Review the available security evidence before trading.
Solana can provide fast transaction confirmation and low network fees. Those conditions can suit an order-book design with frequent transactions. Execution still depends on the venue and market conditions.
Yes, Defx offers a referral program where users who sign up through a referral link receive 10% extra points. These points are part of the platform's incentive program designed to reward early adopters and active traders. Points may be convertible to rewards or tokens as the platform develops.
Open Defx provider page
Defx offer details
Check current terms, eligibility, and availability before you use an offer.
You Might Also Need
Related DEX
Related Guides
No-KYC DEX Access for US Users: Legal and Risk Checks
Open the full guide and view its current editorial status.
Crypto Futures Fees: Compare Costs, Margin, and Access
Open the full guide and view its current editorial status.
Crypto Futures Exchanges: Fees, Margin, and Trading Risk
Open the full guide and view its current editorial status.
When to skip Defx
Skip Defx if you cannot verify its contracts, network costs, and asset liquidity before you trade.
Sources & References
Security
External links open in a new tab. We are not responsible for third-party content.
Risk Disclaimer
Cryptocurrency trading and investing involve a substantial risk of loss. Prices can change significantly in a short period, and you can lose some or all of your invested capital. This page gives information and does not give financial, investment, or legal advice. Check current provider terms and assess your risk before you make a financial decision. InsideCryptoReview can earn a commission from an affiliate link. A provider cannot approve or change our editorial copy. Past performance does not guarantee future results. Invest only an amount that you can afford to lose.
