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Pingu Exchange
Pingu Exchange
Decentralized derivativesDecentralized exchanges (DEXs)

Pingu Exchange

Pingu Exchange is a fully on-chain perpetuals DEX on Monad and Arbitrum supporting up to 100x leverage on crypto, equities, forex, and commodities.

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Transaction Fees, Open-source
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What is Pingu Exchange?

Pingu Exchange is an on-chain perpetuals DEX deployed primarily on Monad with a secondary Arbitrum deployment, offering up to 100x leverage on 70+ markets spanning crypto, equities, forex, commodities, and indexes. Traders post USDC or MON as margin and execute against an oracle-priced book using Pyth feeds with zero spread at spot. Liquidity vaults earn from trader losses and 45% of protocol revenue, with PINGU buyback-and-burn capturing 35% of fees. Audited by Shellboxes.

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