Perp DEX
zero fluff.
Trade perpetual futures with a CEX-like feel and DeFi-level transparency. LPs earn USDC from real trading fees and funding-no emissions, no
hidden mechanics.
Designed for Clarity, Built for Speed
Vault-first
Market-specific vaults (BTC, ETH, …) with transparent PnL.
Built to integrate
Referrals, APIs, webhooks for desks & bots.
CEX-like UX
One screen, instant feel, clear costs before you confirm.
Clean yield
No emissions. Rewards = fees + funding. Paid in USDC.
Step by Step
How It Works?
Connect wallet
Plug in MetaMask, Rabby, Phantom, or any compatible wallet. You're live in seconds.
Pick market
Choose BTC, ETH, or another supported market. See fees, funding, and depth upfront.
Long/Short with TP/SL
Set size and leverage, add take profit/stoploss before you confirm. Costs previewed in-line.
Settle PnL in USDC.
Close the position and receive PnL in USDC-simple accounting, no surprises.
Connect wallet
Plug in MetaMask, Rabby, Phantom, or any compatible wallet. You're live in seconds.
Having trouble? Check the
FAQ
The Oyster Edge
On-chain truth, off-chain speed, clear perps and clean USDC yield.
Clear costs. Clean USDC yield. Real control.
Trade with Confidence
Oyster gives you per-market Vaults, verifiable funding, and a CEX-like flow—so you trade faster, earn cleaner, and always know what you're paying.
Clear costs. Clean USDC yield.
Real control.
Trade with Confidence
Oyster gives you per-market Vaults, verifiable funding, and a CEX-like flow—so you trade
faster, earn cleaner, and always know what
you're paying.
Frequently
Ask Questions
Perpetual futures (no expiry) that let you long/short an asset. On Oyster, PnL is settled in USDC.
Yes. LPs earn fees + funding but are exposed to trader PnL. We show Vault PnL, drawdown, and exposure in real time so you can position size responsibly.
Funding exchanges value between longs/shorts to keep perp price near the index. We publish the formula, inputs, and caps in the UI—and log every tick.
Yes, at Vault NAV. In extreme moves, short-term safety guardrails (cooldown or exit cap) may apply and are clearly shown.
No emissions. Rewards are from real activity—fees and funding—paid in USDC.