Best crypto perp DEXs in Singapore
Gains Network (gTrade) ranks highest in ChainChoice’s published perp DEXs ranking among the providers that list Singapore — Synthetic leverage against a vault. No capital gains tax for individuals. MAS-licensed Digital Payment Token Service Providers required for retail-facing platforms.
How this page is reviewed
Reviewed means every product ranked on this page was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.
Accountable for this review: Mathias Siemonsmeier, Founder.
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Which crypto perpetual DEX should Singapore residents use in November 2026?
Gains Network (gTrade) ranks highest in ChainChoice’s published perp DEXs ranking among the providers that list Singapore — Synthetic leverage against a vault. The order is the published ranking itself; providers whose terms exclude Singapore are removed. Check authorisation with MAS before depositing.
- Singapore residents holding capital in SGD
- Users who need MAS-aligned compliance and audit-grade reporting
- Buy-and-hold profiles benefiting from Singapore's tax treatment
- Sophisticated retail and family-office treasurers
- Derivatives / perpetuals traders (use a regulated futures venue instead)
- Privacy-focused users avoiding KYC (these are licensed venues)
- Day-traders chasing the lowest spreads regardless of regulator posture
- Anyone needing a service MAS does not currently authorise
General guidance for Singapore: the ranking engine does not compute these notes and they do not change the order below. If none fits you, answer the Find My Best questions for a result for your profile.
9 perp DEXs listed for Singapore
In ChainChoice’s published ranking order, from this category’s 12 providers: those whose terms exclude Singapore are removed; naming Singapore or a region that covers it counts the same, and those whose terms do not state it come last. Each chip names the basis: a dated check, a region listing, or the provider's own claim.
#1 for SingaporeGains Network (gTrade)#1 globallyProvider states broad availability Synthetic leverage against a vault — heavily audited, long clean record
Longest clean track record here + extensive auditsSelf-custodial with a very wide market rangeSynthetic model (crypto, forex, stocks)#2 for SingaporeHelix (Injective)#2 globallyProvider states broad availability Fully onchain orderbook on Injective — no offchain matching
Fully onchain orderbook — no offchain matchingSelf-custodial on InjectiveClean exploit record#3 for SingaporedYdX#3 globallyProvider states broad availability Its own Cosmos appchain — decentralised orderbook, self-custodial
Decentralised validator-run orderbook on its own chainSelf-custodial, onchain settlement + governance57 active perp markets (November 2026)#4 for SingaporeHyperliquid#4 globallyProvider states broad availability The onchain orderbook leader — its own L1, self-custodial, fully onchain
Fully onchain orderbook — verifiable, self-custodialBroad market coverage on its own L1No offchain matching engine to trust#5 for SingaporeGMX#6 globallyProvider states broad availability Oracle-priced pools on Arbitrum & Avalanche — contract-custodied, exploited in 2025
Oracle-priced pool model with an extensively audited v2Long track record on Arbitrum + Avalanche, now also MegaETHZero price-impact on majors (v2)#6 for SingaporeLighter#7 globallyProvider states broad availability zk-verified onchain orderbook — self-custodial, force-withdrawable
zk-verified orderbook with proofs committed to EthereumSelf-custodial with L1 force-withdrawal213 active perp markets, up to 50x (October 2026)#7 for SingaporeParadex#8 globallyProvider states broad availability Starknet appchain perps — offchain order matching, bridged custody
Starknet-based appchain with settlement proven onchainCross-margined perps66 perp markets, up to 50x (October 2026)#8 for SingaporeAster#9 globallyProvider states broad availability Newer multi-chain venue — high leverage, but centralisation & wash-trading flags
Multi-chain deposits incl. BNB Chain (bridged to Aster Chain)Very high advertised leverage (shown as a fact)596 perpetual markets trading (November 2026)#9 for SingaporeSynthetix Perps#10 globallyProvider states broad availability Ethereum-mainnet perps with an offchain order book — launched 2026
Perpetual futures settled on Ethereum mainnetOffchain central limit order book with onchain batch settlement10 markets incl. BTC, ETH and SOL, up to 25x (October 2026)
Commission: None of these providers pays ChainChoice anything for these links. Disclosure
Not promoted in the UK, the EU or the EEA: leveraged and derivative crypto products are restricted for retail readers there.
Crypto products are high risk. Check the provider is authorised where you live before you deposit.
- Contract failure: the code holding the funds is exploited.Scored by Security & track record · 60%
- Control failure: a key or vote changes the rules, freezes or mints.Scored by Decentralization & trust-minimization · 40%
Each cell is verified against the provider's filings or the MAS register; a gap shows "—", never an estimate.
| Provider | Taker fee in Singapore | KYC tier | SGD rails | MAS license |
|---|---|---|---|---|
| #1Gains Network (gTrade) | 0.04% | — | — | — |
| #2Helix (Injective) | 0.05% | — | — | — |
| #3dYdX | 0.05% | — | — | — |
| #4Hyperliquid | 0.04% | — | — | — |
| #5GMX | 0.06% | — | — | — |
Source: ChainChoice provider catalog cross-referenced with the MAS register; each fee as of its entry's latest verification (accuracy methodology).
Is using a crypto perpetual DEX legal in Singapore?
Yes. Crypto perp DEXs are regulated in Singapore by Monetary Authority of Singapore (MAS). Always verify a platform's licensing status with MAS before transacting.
How is crypto taxed in Singapore?
Singapore has no capital gains tax. Trading crypto as a business or profession is taxed as income. Editorial summary, not tax advice: consult a qualified tax advisor in Singapore before filing.
What payment methods work for buying crypto in Singapore?
The most common rails for retail onramps in Singapore are: FAST, PayNow, Wire.
Are international platforms (Coinbase, Kraken, Binance) available in Singapore?
Availability varies by platform and product. Singapore has its own licensing regime under MAS, and not every global platform is registered. The shortlist above removes platforms whose terms exclude Singapore; the chip on each row says whether availability is verified, listed or unstated.