Bitcoin Forum

Looking for some good perp DEXes that are private and can be used on phone, and why you choose some perp dexes over another?

Why not try Hyperliquid or Asterdex?

Asterdex even got app but not good for people that like privacy, they will prefer the web.

You can use them on your phone or tablet but mobile devices are not good, safe and secure for trading and storing your cryptocurrency. It's better if you use your desktop computer or laptop for your cryptocurrency storage, account login and trading. You can avoid personal mistakes can be made easily on mobile devices by using computer and laptop.

Furthermore with desktop and laptop, you can have better security than on mobile devices. Don't let your convenient need affects your practice and put your fund at bigger risk.

Any perp DEXes can be used in a phone, they always design their web application with mobile phone viewport in mind.
I've tried aster and hyperliquid both of them good in mobile. You just need the right browser for it that support wallet extension.

download an safepal wallet app, there is many dexes,

for Solana you have solflare and phantom wallets they are awesome DEX
today just on SOL you have the highest volume and traders prints nags there

There is a way to solve this by using hardware wallet to make deposit to the perp dexes. Hardware wallet doesn't really expose the private key and since perp dexes in general still requires deposit on a designated address we can easily deposit it pretty easily.
Although it's true that hardened desktop is still the way for max security.

What do you mean by private?
If it's a shielded transaction, unfortunately transaction are being recorded on-chain and handful of people going to be able to see your transaction, your best chance is using railgun before trading.

They are apparently being called decentralized exchange for a reason and they keep data on-chain as far as I know and every one of them have explorer to find trades.

Hyperliquid is the biggest perp DEX, but it is not private. All of your activity will be recorded on the blockchain. As long as you don’t disclose your address to anybody and use separate wallets to segregate your perp trading from other activity, then transparency isn’t that much of a problem.

As for mobile friendliness, there are several mobile clients for Hyperliquid. Some of these are BasedApp, Metamask Mobile, and Liquid. Before trading you might want to check their fees because these apps usually charge extra on top of the normal trading fees.

Hyperliquid is not private and not anonymous for their users too. Aster's developer pointed this issue out when he was asked about advantage of Aster DEX against Hyperliquid.

Aster is younger than Hyperliquid and still has a long development progress in order to build up better products, stronger ecosystem and take over a leading position of Hyperliquid in Perp DEX branch industry.

Aster's main differentiator is its "hidden orders" feature. (https://www.theblock.co/post/371690/rebranded-aster-perps-dex-squares-up-against-hyperliquid-following-cz-endorsement)

Once executed those trades on Aster are no longer hidden. They are only hidden while waiting to be filled to avoid manipulation by bots and other traders. If your intent is to trade completely anonymously, where everything you do will always be hidden, there isn’t a perp DEX where this is possible at the moment.

so far I used Perpmate dex for simplicity of the app, it runs on Hyperliquid. But I am also looking for hidden pools that will be simple as perpmate but wont break execution of trades like asterdex, for me asterdex is unusable on phone at all...