SpaceDex Review 2026: Perpetuals and Shared Liquidity

SpaceDex is a decentralized perpetuals exchange with a shared liquidity pool for traders and liquidity providers on Arbitrum and BNB Chain. Its stated low-fee, no-price-impact design is appealing, but limited liquidity and missing details on fees and audits make careful checking important.

By the DappsAtlas editorial team · Updated Nov 6, 2026

DappsAtlas score

4.0/10

Weak

Our verdict on SpaceDex

4.0/10

SpaceDex may suit experienced crypto traders looking for perpetuals, swaps, or liquidity provision across Arbitrum and BNB Chain. Its shared-pool approach is the main draw, bringing several activities together and offering liquidity providers a way to earn rewards. The central caveat is how little is disclosed: exact fees, pool terms, trading parameters, and audit findings are not available, while the reported TVL is small and undated. Confirm that the app is live and review current terms before connecting a wallet.

Score breakdown

How SpaceDex scores

Security: n/a
Ease of use: 4.0/10
Fees: n/a
Features: 5.0/10

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 SpaceDex?

SpaceDex is a decentralized perpetual exchange that also offers swaps and liquidity provision. It describes a multi-asset pool through which users can provide liquidity and earn rewards from market making, swaps, and leveraged trading. The project lists Arbitrum and BNB Chain, and names FLN as its token.

A reported TVL of $1,305 suggests a small liquidity base, though the figure's timestamp is not specified. SpaceDex promotes low swap fees and no-price-impact trades, but does not publish exact fees, trading parameters, or the limits of those claims. The current app availability is unclear.

How SpaceDex works

SpaceDex describes itself as a decentralized perpetual exchange built around a multi-asset liquidity pool. Traders can take leveraged positions, while the same pool also supports swaps and market making. In a pooled-liquidity model, providers supply assets that help facilitate trading and take on risks tied to the pool's activity and asset values.

The platform says liquidity providers can earn rewards and describes its swaps as low-fee with no price impact. Those claims do not establish that every trade will avoid slippage or that liquidity is deep enough for large orders. SpaceDex does not publish the detailed fee schedule, reward formula, or trading parameters in the information available about the product.

5 features

Key features

Perpetual trading

SpaceDex offers leveraged trading through a decentralized perpetual exchange. The available contract markets and leverage limits are not specified.

Shared liquidity pool

A multi-asset pool is described as supporting market making, swaps, and leveraged trades. This links liquidity providers' exposure to activity on the platform.

Token swaps

The platform supports swaps as well as derivatives trading. Exact swap fees and available pairs are not published.

Liquidity rewards

Liquidity providers can earn rewards through the pool, according to SpaceDex. Reward rates and withdrawal terms are not specified.

Two supported chains

SpaceDex is listed on Arbitrum and BNB Chain.

Pros and cons

What we like

Combines perpetual trading, swaps, and liquidity provision in one platform.
Uses a multi-asset pool intended to support multiple types of trading activity.
Lists support for both Arbitrum and BNB Chain.
Identifies FLN as its token.

Watch out for

The reported TVL is only $1,305, and its timestamp is not specified; available liquidity may be limited.
Swap fees are described as low, but no fee schedule or rates are published.
The project claims trades have no price impact, but the conditions and limits of that claim are not explained.
Two audits are listed, but their scope and findings are not disclosed.
The current app availability and details about custody, team, and incident history are unclear.

SpaceDex fees

SpaceDex describes its swap fees as low, but does not publish exact rates or a full fee schedule. Fees for perpetual trading and liquidity provision are also not specified.

Check the live interface for applicable fees, funding payments, and other trade costs before confirming a transaction.

Is SpaceDex safe?

Two audits are listed, but SpaceDex does not disclose their scope or findings. Audit listings alone do not establish that the current contracts are secure. The reported TVL is $1,305, with no timestamp specified, so liquidity may be limited and could change.

Details about the custody model, contract addresses, incident history, team, and regulatory status are not published. Perpetuals involve smart-contract and market risk, and leverage can magnify losses. Check that crypto trading is legal where you live and use a wallet you control.

5 steps

How to get started with SpaceDex

1
Check SpaceDex's official channels to confirm that its app is currently available and identify the correct interface.
2
Confirm whether you intend to use Arbitrum or BNB Chain and that your wallet is set to the matching network.
3
Review the available markets, pool composition, and transaction costs before trading or providing liquidity.
4
If you proceed, connect a compatible wallet and inspect the requested permissions and transaction details.
5
Start with an amount you can afford to lose, and monitor any open leveraged position or liquidity exposure.

Who SpaceDex is for

SpaceDex is aimed at crypto users who understand leveraged trading and the risks of supplying assets to a shared liquidity pool. It is a poor fit for beginners seeking clear fee schedules, detailed audit reports, or evidence of deep liquidity before trading.

SpaceDex FAQs

What is SpaceDex?

SpaceDex is described as a decentralized perpetual exchange that also supports swaps and liquidity provision. The project lists Arbitrum and BNB Chain.

How does SpaceDex work?

SpaceDex describes a multi-asset pool that supports market making, swaps, and leveraged trades. Liquidity providers can earn rewards, but the exact reward formula and risks are not published.

What is the SpaceDex token?

SpaceDex names FLN as its token. Its uses, distribution, and role in the exchange are not specified.

What fees does SpaceDex charge?

Exact swap or trading fees are not published. SpaceDex describes its swap fees as low, but users should check the live interface for the charges applicable to a trade before confirming it.

Is SpaceDex safe to use?

Two audits are listed, but their scope and findings are not disclosed. Smart-contract risk remains, and leverage can magnify trading losses; only use funds you can afford to lose.

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