Multi-asset DEX, a new trend..."Trade everything from coins to stocks and commodities in one place"

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Multi-asset decentralized exchanges (DEXs) that allow trading of cryptocurrencies, US stocks, commodities, and foreign exchange as perpetual futures from a single account are emerging as a new alternative in the derivatives market in 2026.

According to The Crypto Basic, a specialized cryptocurrency media outlet, on September 30 (local time), decentralized exchanges that support not only virtual assets but also stock and commodity derivatives based on a single margin balance are attracting the attention of traders. For example, EVEDEX has listed a total of 52 perpetual futures contracts, including 39 cryptocurrencies, 5 US stocks, 1 index, 3 commodities, 2 foreign exchange pairs, and 2 pre-IPO markets, supporting 24/7 trading with a single Tether (USDT) cross-margin balance. Aster also covers stocks and commodities, and Hyperliquid has secured access to stocks and commodities through its ecosystem builder market. In contrast, dYdX and GMX still operate as virtual asset-specific exchanges.

Significant strategic differences among platforms were evident in trading conditions and fee structures. EVEDEX applies a fixed fee of 0.015% for limit orders (maker) and 0.045% for market orders (taker), offering up to 200x leverage on major assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Hyperliquid supports up to 40x leverage and USDC margin based on its own mainnet, HyperCore, while Aster offers up to 1001x leverage on certain pairs through the Aster Chain. dYdX supports up to 20x leverage, and GMX supports up to 100x leverage, imposing fees of 0.04% to 0.06% upon opening and closing positions.

The unique characteristics of decentralized exchanges were also reflected in accessibility and settlement methods. EVEDEX supports deposits starting from a minimum of 6 USDT through on-chain Anti-Money Laundering (AML) screening without traditional Know Your Customer (KYC) procedures, adopting an off-chain matching and Arbitrum on-chain settlement model. Hyperliquid, Aster, and dYdX are also designed to allow traders to directly control their funds without third-party credit risk through self-custody structures based on their respective chains.

Market experts positively evaluated the capital efficiency of instantly switching between Tesla, gold, and Bitcoin perpetual futures in a single account, while also warning about the structural risks of high-leverage derivatives. According to statistics from the European Securities and Markets Authority (ESMA), 74% to 89% of individual Contracts for Difference (CFD) accounts record losses, advising that for leveraged trading across various asset classes, total costs such as funding rates and slippage must be meticulously managed.

[Key Summary of Article]

-Multi-asset DEXs like EVEDEX and Hyperliquid, which trade cryptocurrencies, stocks, and commodities with a single margin, are gaining attention.

-EVEDEX supports 52 contracts and up to 200x leverage, Aster supports 1001x, and Hyperliquid supports 40x.

-While capital efficiency is high, thorough risk management is required as over 74% of individuals incur losses according to ESMA's survey.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*