Reya

Q: Is Reya safe to use?

There is no published dexwatch security score or audit list for Reya 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.

Q: What are the trading fees on Reya?

Reya charges a maker fee of 0% and a taker fee of 0.03%.

Q: What is the maximum leverage on Reya?

Reya offers up to 40× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.

Perp DEX

$REYA · Founded 2024 · reya.xyz ↗

Price n/aNot available

Visit Reya ↗

★★★★★★★★★★

72/100dexwatch score · Solid

An Ethereum-aligned perp DEX on its own rollup that has just replaced its AMM with an order book and currently runs five markets.

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Status

Reya switched from its AMM to an order book on 28 September 2026. Only five perp markets are live (BTC up to 40×), although the website advertises up to 100× and more asset classes. The REYA token is not trading yet and no launch date is confirmed.

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For beginners

Stick to BTC or ETH with small size and limit orders for now — the new order book is still shallow.

Key metrics

24h volume

$1.6M

7d volume

$18.8M

Total value locked

$11.8M

Open interest

$783.4K

Share of tracked perp volume

<0.1%

Market cap

n/a

Maker / taker fee

0% / 0.03%

Max leverage

40×

Trading pairs

Snapshot Oct 10, 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.

The honest take

Pros

✓Makers pay nothing and takers 0.03% at the base tier

✓Contracts audited by ABDK and Pashov, plus a separate review of the order-book changes dated 15 September 2026

✓Public, documented API and cross-margin accounts with multi-asset collateral

Cons

✕Only five perp markets and a few million dollars of daily volume right after the migration, so liquidity is thin

✕L2BEAT flags a single-member data committee and instantly upgradable contracts with no exit window; the planned based ZK rollup is not live

Security

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

AuditsABDK, Pashov

At a glance

ChainsReya Network

IncentivesReya Chain Points; referred users get a 10% fee discount

TypePerp DEX

BackersFlow Traders

Made your choice?

Start trading on Reya

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.

Reya NetworkPerp DEX

Open Reya ↗ Visit reya.xyz Affiliate link · dexwatch may earn a commission at no extra cost to you.

Frequently asked about Reya

Is Reya safe to use?

There is no published dexwatch security score or audit list for Reya 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 Reya?

Reya charges a maker fee of 0% and a taker fee of 0.03%.

What is the maximum leverage on Reya?

Reya offers up to 40× 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 Reya support?

Reya operates on Reya Network.

Is Reya good for beginners?

Stick to BTC or ETH with small size and limit orders for now — the new order book is still shallow.

Head-to-head comparisons

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Reya vs Hyperliquid

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 10, 2026. Spotted an error? Tell us.