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Derivatives · Review

Cyberperp Review 2026: IOTA Spot and Perpetuals

Cyberperp is a decentralized spot and perpetual exchange built on IOTA EVM, with CYB as its named token. Its trading terms and current liquidity need careful verification.

By the DappsAtlas editorial team · Updated

DappsAtlas score

—/10

Not rated

Our verdict on Cyberperp

Cyberperp may interest traders looking for spot swaps or perpetual contracts in the IOTA EVM ecosystem. Its stated product scope is clear, but key practical details—including fees, funding rates, liquidation rules and available markets—are not published. Reported TVL is about $9,022, which raises the possibility of limited liquidity. The two listed audits are not identified, so their coverage cannot be assessed. Verify the interface, terms and available liquidity before considering a trade.

Score breakdown

How Cyberperp scores

Security
n/a
Ease of use
n/a
Fees
n/a
Features
n/a

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is Cyberperp?

Cyberperp is described as a decentralized spot and perpetual exchange built on IOTA EVM. The project names CYB as its token and is listed on IOTA and IOTA EVM.

Specific markets, trading terms and the current state of the interface are not established. Reported TVL is about $9,022, so liquidity may be limited.

How Cyberperp works

Cyberperp is described as a decentralized exchange for spot trades and perpetual contracts on IOTA EVM. Spot trading swaps one asset for another; perpetual contracts track an asset's price without requiring the trader to hold that asset directly.

1 features

Key features

01

Spot and perpetual trading

Cyberperp is described as offering spot swaps and perpetual contracts on IOTA EVM. Specific markets and trading parameters are not published.

Pros and cons

What we like

  • Offers both spot trading and perpetual contracts.
  • Built for the IOTA EVM ecosystem.
  • Two audits are listed, although their details are not stated.

Watch out for

  • Current trading availability and the state of the interface are unclear.
  • Trading fees, funding rates and liquidation parameters are not published.
  • Reported TVL is about $9,022, which may mean limited liquidity and greater price impact.
  • Two audits are listed, but their providers, scope and findings are not stated.

Cyberperp fees

Trading fees, funding rates and other charges are not published. Check the trading interface and transaction confirmation for applicable costs before placing an order.

Is Cyberperp safe?

Two audits are listed, but the auditors, scope, dates and findings are not published. That makes it difficult to assess how much of the exchange's contracts were reviewed. As with any decentralized exchange, smart-contract bugs, thin liquidity and perpetual-market liquidations can result in losses.

Cyberperp's licensing and KYC requirements are not established. Check that trading is legal where you live; users must be 18 or older and should trade responsibly.

4 steps

How to get started with Cyberperp

  1. 1

    Check that the Cyberperp trading interface is available and review its current terms.

  2. 2

    Confirm that your wallet supports the required IOTA EVM network.

  3. 3

    Verify the supported assets, fees, funding rates and liquidation rules before trading.

  4. 4

    Start with a small transaction only if the interface and terms are clear to you.

Who Cyberperp is for

Cyberperp is aimed at crypto traders interested in spot or perpetual trading on IOTA EVM. It is a poor fit for anyone who needs clearly published fees, contract-audit details or evidence of deep liquidity before trading.

Cyberperp FAQs

What is Cyberperp?

Cyberperp is described as a decentralized spot and perpetual exchange built on IOTA EVM. It is intended for trading digital assets, including perpetual contracts.

What is the CYB token?

CYB is the token named for Cyberperp. Its specific utility within the exchange is not established.

Which networks does Cyberperp support?

Cyberperp is listed on IOTA and IOTA EVM. Confirm the network and supported assets in the trading interface before attempting a transaction.

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How we checked

Sources

  1. 1.defillama.com/protocol/cyberperp

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