My Perp DEX Farming + Trading List (2026)
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TL;DR · XYZ AI
The article provides a watchlist of Perp DEXs considered suitable for farming and trading, including Variational, RiseX, TxFlow, Pacifica, and others, highlighting their product quality, team, and potential.
Read carefully if you're farming points while improving your trading activity.
This is my current watchlist based on product quality, team, funding, ecosystem, and long term potential.
🟢 For Personal Trading + Farming
🥇Variational
• I currently have 3,000+ personal points and 20,000+ community points.
• One of my highest conviction long term Perp DEXs.
• Strong focus on Real World Assets (RWA) which I believe will become a major narrative.
• I'm continuing to stay active here.
Trade Om Variational Now
omni.variational.io/?ref=OMNIANEQUE
🥈Risex
• Still very early.
• Official points system is expected very soon.
• Trading engine feels extremely fast.
• Strong product with an active team.
• I have already crossed $1M+ trading volume.
• My target is $20M total volume before rewards.
Start Trading On RiseX Now
rise.trade/invite/xyzcryp…
🥉TxFlow
• New Layer 1 built specifically for perpetual trading.
• No VC backing.
• Community-driven approach similar to Hyperliquid.
• Very early opportunity.
• Points system is expected during Q3.
Start Trading Now Before Too Late
app.txflow.com/r/TXANEQUE
4️⃣ Pacifica
• Very impressive trading product.
• Leadership includes former FTX COO & Co-CEO members.
• Strong team with good execution.
• I currently have 10,000+ points and continue farming.
Start Trading Now
app.pacifica.fi/?referral=xyzc…
🟡 Farming Priority (Mainly for Rewards)
🥇Liquid
• Raised approximately $25M.
• Strong funding and worth farming early.
Start Trading Now
app.tryliquid.xyz/?ref=MIWL0A7X
🥈Ostium
• Raised $30M+.
• RWA-focused perpetual exchange.
• One of the strongest projects in the RWA trading narrative.
01 Exchange
• Built on N1 Chain.
• Early ecosystem opportunity with farming potential.
bulk trade
• Perpetual trading protocol on Solana.
• Worth keeping on your farming list.
Nado
• Built on Ink Chain.
• Early ecosystem project with reward potential.
sodex
• Early-stage Perp DEX.
• Worth monitoring for future incentives.
Hibachi
• Community is watching this closely.
• Good project to farm while still early.
Hotstuff
• Another early Perp protocol.
• Keep consistent activity if you're farming.
