BlockBeats News, February 20 — According to the latest specialized report from Messari, Decibel, an on-chain perpetual contract protocol built on the Aptos blockchain, is developing a high-performance, more transparent decentralized trading platform.
The report states that Decibel’s core features include on-chain execution of trade matching, risk management, and settlement, utilizing a unified margin system that allows users to support multiple market positions with a single collateral asset, thereby improving capital efficiency. Technologically, Decibel leverages Aptos’s Block-STM parallel execution engine and a low, predictable fee structure to provide high throughput and low latency infrastructure support for derivatives trading.
In terms of liquidity design, Decibel has launched an officially managed DLP as the core liquidity provider and clearing support, enabling participants to share in clearing fees and market-making profits. The report also mentions the introduction of the native collateral asset USDCBL: users deposit USDC, which is converted into USDCBL, and the protocol uses reserve asset earnings to support operations and fee structures.
Regarding progress, the mainnet beta is about to launch, initially supporting 12 trading pairs, with plans to quickly expand to approximately 50 mainstream trading pairs. In Q1 2026, multi-asset collateral functionality will be introduced, including support for DLP LP tokens as collateral, and expansion into stocks, commodities, and ETF-based RWA perpetual contracts. In Q2, spot trading and integration of Aptos DeFi yield will be launched, with token issuance and institutional-level integration expected within 2026.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BTC 15-minute increase of 1.07%: Whale transfers and low liquidity periods resonate to drive rapid surge
From 15:30 to 15:45 (UTC) on March 3, 2026, the price of BTC experienced a short-term increase of +1.07%, with the range quote reaching a high of 67,835.0 USDT from an initial 66,815.9 USDT, a fluctuation of 1.53%. Market trading volume also expanded simultaneously, with attention significantly rising, and short-term volatility intensified, reflecting synchronized driving forces from both liquidity and sentiment.
The main driver of this movement was large transfers by whale funds. On-chain monitoring data shows that 2,873 BTC (approximately $260 million) were transferred from an unknown address to a major exchange.
GateNews4m ago
Data: In the past 24 hours, the entire network has been liquidated for $399 million, mainly long positions.
According to ChainCatcher reports, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $399 million, with long and short positions liquidated at $258 million and $141 million respectively. The liquidation amounts for BTC and ETH were $155 million and $90.76 million, respectively, with a total of 116,342 people liquidated. The largest single liquidation was $4,457,300.
GateNews18m ago
BTC drops 0.99% in 15 minutes: Short-term selling driven by a sudden decline in macro risk appetite and on-chain fund withdrawals
Between 14:30 and 14:45 (UTC) on 2026-03-03, the price of BTC experienced a significant decline, with a return of -0.99%. It fluctuated within the range of 66,366.6 to 67,576.7 USDT, with an amplitude of 1.80%. Short-term volatility intensified, market attention rapidly increased, trading volume expanded accordingly, and overall sentiment leaned towards caution or even panic.
The main driving force behind this anomaly is the decline in global macro risk appetite, with funds accelerating into traditional safe-haven assets. Additionally, expectations of Federal Reserve rate hikes and geopolitical tensions contributed to liquidity tightening. On-chain capital flow experienced
GateNews1h ago
ETH 15-minute decline of 1.25%: leveraged liquidation and on-chain fund outflows jointly drive short-term selling pressure
From 14:30 to 14:45 on March 3, 2026 (UTC), ETH experienced a rapid decline, with a return of -1.25% within 15 minutes. The price fluctuated between 1934.86 and 1977.42 USDT, with an amplitude of 2.17%. Short-term volatility increased significantly, market attention surged, and trading volume expanded noticeably compared to the previous period.
The main driver of this anomaly was the concentrated liquidation of leveraged positions, as some high-leverage longs were forced to close after breaking below key support levels, resulting in a short-term release of selling pressure. On-chain data shows that large
GateNews1h ago
Data: If BTC breaks through $70,212, the total liquidation strength of mainstream CEX short positions will reach $1.494 billion.
ChainCatcher News, according to Coinglass data, if BTC breaks through $70,212, the total liquidation strength of long positions on mainstream CEXs will reach $1.494 billion. Conversely, if BTC drops below $63,676, the total liquidation strength of short positions on mainstream CEXs will reach $1.04 billion.
GateNews1h ago
Data: If ETH breaks through $2,047, the total liquidation strength of short positions on mainstream CEXs will reach $733 million.
ChainCatcher Message: According to Coinglass data, if ETH breaks through $2,047, the total liquidation strength of long positions on major CEXs will reach $733 million. Conversely, if ETH drops below $1,856, the total liquidation strength of short positions on major CEXs will reach $589 million.
GateNews1h ago
