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.
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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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
