Decibel, an on-chain perpetual exchange built on Aptos, listed perpetual contracts for Apple (AAPL), Meta (META), and Microsoft (MSFT) on June 27. The listings follow earlier equity perp markets covering NVIDIA, Tesla, Google, and Amazon on the same venue.
Every order, match, liquidation, and margin check executes on Aptos and is publicly verifiable on-chain. Decibel says the exchange uses no off-chain matching. Its markets run around the clock, giving traders long or short exposure outside regular stock-exchange hours.
Brylee Whatley, Head of the Decibel Foundation, said the venue lets traders access major asset classes without the constraints of traditional market hours. Aptos' sub-50-millisecond block times and sub-500-millisecond finality support that model.
Equity perps give traders price exposure to a stock without holding the underlying shares. The contracts settle on-chain in crypto collateral, which separates them from tokenized-stock products, where tokens represent a claim on the actual security.
The listings arrive as non-crypto perpetuals have grown sharply. The BitMEX Q1 2026 Derivatives Report found equity perpetual weekly volume rose 908%, from $486.4 million to $4.9 billion during the quarter, with a peak of $5.7 billion in the week of March 8.
Commodity perps moved from $38.1 million to $25.0 billion weekly over the same period. Crude-oil volumes reached $6.9 billion weekly in March.
Decibel launched on Aptos mainnet in February 2026 after attracting more than $58 million in committed capital through its pre-deposit campaign. On-chain volume figures for the new listings are not yet publicly available.