Decibel pre-deposits surpass $50 million, mainnet expected to launch by the end of the month

BlockBeats News, on February 17, the decentralized perpetual contract trading platform Decibel, jointly incubated by Aptos Labs, announced that its pre-deposit amount has exceeded 50 million US dollars, with more than 6,000 independent wallets participating.

It is reported that Decibel focuses on full on-chain order matching and settlement, with trading execution latency below 20 milliseconds. According to the official schedule, the pre-deposit event will end on February 24, and the mainnet is expected to officially launch at the end of February with support for perpetual contract trading.