Carbon

Perp DEX (RFQ)

$— · Founded 2023 · carbon.inc ↗

No token yetPre-token

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★★★★★★★★★★

47/100dexwatch score · Caution

The former IntentX, relaunched in August 2026 as an intent-based venue where solvers take the other side of crypto perps and TradFi markets hedged at regulated brokers — self-custodied, but priced off-chain.

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Status

Relaunched on 7 August 2026 with 250+ stock, forex, index and commodity markets next to 530+ crypto perps; the TradFi book is hedged 1:1 at regulated venues by Carbon's own solver, so pricing and depth come from off-chain markets. Fees are a flat 0.01% per side (0.005% TradFi) plus the solver's spread; withdrawals carry a 12-hour fraud-proof window. Open interest on DefiLlama is small; cumulative volume is self-reported. Not to be confused with Carbon DeFi (Bancor), listed separately.

Key metrics

24h volume

n/a

Total value locked

n/a

Open interest

$1.4M

Share of tracked perp volume

n/a

Market cap

n/a

Maker / taker fee

0.01% / 0.01%

Max leverage

75×

Trading pairs

n/a

Snapshot Oct 25, 2026 from public sources (the venue's own market API for volume and open interest, DefiLlama for TVL). Live values refresh in your browser where a source is available. Fields without a verifiable source show n/a.

Overview

Carbon is a perp dex (rfq) that runs on Arbitrum, Base. It charges a taker fee of 0.01% and offers up to 75× leverage. Founded in 2023.

A detailed editorial pros & cons breakdown, security score and audit history for Carbon are not available yet — the figures above come from public trackers and the venue's own API where available. We add full profiles over time.

Security

No published security score or audit list is available for Carbon in our dataset yet.

AuditsSherlock (SYMMIO-Core v0.8.5 settlement contracts, Mar 2026)

At a glance

ChainsArbitrumBase

IncentivesPoints programme; $CARBON token announced (not live) with a planned airdrop; fee rebates up to 60%

TypePerp DEX (RFQ)

BackersUndisclosed

Made your choice?

Start trading on Carbon

Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.

ArbitrumBasePerp DEX (RFQ)

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Frequently asked about Carbon

Is Carbon safe to use?

There is no published dexwatch security score or audit list for Carbon in our dataset yet, so we mark that as not available. Like other decentralized exchanges it is non-custodial, meaning you keep control of your funds in your own wallet. Always do your own research before trading.

What are the trading fees on Carbon?

Carbon charges a maker fee of 0.01% and a taker fee of 0.01%.

What is the maximum leverage on Carbon?

Carbon offers up to 75× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.

Which blockchains does Carbon support?

Carbon operates on Arbitrum, Base.

Does Carbon have a token?

No. Carbon has no live token at the time of writing, and runs a points programme instead. Points are not a promise of an airdrop. We do not speculate on future token launches.

Compare with similar venues

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Learn before you trade

Open the Academy →

What are perpetuals & perp DEXes?Module 7 · 7 min read → Leverage risk & liquidationModule 7 · 6 min read → The crypto wallet: your key to the DEXModule 2 · 6 min read → Phishing, fake sites & wallet drainersModule 5 · 7 min read →

Key terms

Perpetuals Funding rate Leverage Liquidation Margin

Figures are a dated snapshot from public sources — they move constantly and are for reference only, not financial advice. Updated Oct 25, 2026. Spotted an error? Tell us.