Order-book perpetuals DEX native to the Sui network
Last updated: July 2026
Bluefin is a decentralized order-book perpetual exchange native to the Sui network, bringing high-performance, CEX-like derivatives trading to the Sui ecosystem where few sophisticated perp venues exist. Leveraging Sui's speed and low fees, Bluefin offers a fully on-chain order book (or high-performance hybrid) with the tight spreads and fast execution that serious perp trading requires, plus self-custody. As one of the leading DeFi trading venues on Sui, it benefits from being a big fish in a growing ecosystem, and it has expanded into spot trading and broader DeFi products. It supports major perpetual markets with competitive leverage. The trade-offs: being Sui-native means it's tied to Sui's ecosystem and adoption (bridging and onboarding for non-Sui users, and liquidity bounded by Sui's DeFi activity); the Sui perp market is smaller than Ethereum/Solana venues; and as with any single-ecosystem venue, its reach is limited to that chain's users. But for traders active on Sui — or looking to trade perps in a fast, low-fee non-EVM ecosystem — Bluefin is the leading order-book perpetuals platform on the network, offering professional-grade derivatives trading where Sui users would otherwise have few good options, much as specialized venues serve their own ecosystems.
Bluefin offers a free plan.
Bluefin
Free
| Feature | Bluefin |
|---|---|
| Max Leverage | Up to 50x |
| Settlement Model | On-chain order book (Sui) |
| Oracle Type | Order book + oracle |
| Funding Rates | ✓ |
| Cross Margin | ✓ |
| Isolated Margin | ✓ |
| Liquidity Provider Yield | ✗ |
| Governance Token | ✓ |
| Multi Chain | ✗ |
| Self Custody | ✓ |
Yes, Bluefin has a free plan.
Bluefin is used for order-book perpetuals dex native to the sui network. It's primarily used by Web3 teams in the Perp DEXs category.
See our full alternatives comparison at https://chainpick.io/alternatives/bluefin.
Bluefin has a rating of 4/5 based on 79 reviews. Key strength: Leading order-book perp DEX on Sui. Main limitation: Tied to Sui's ecosystem and adoption.
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