ADEN is a decentralized derivatives exchange launched on July 23, 2025. ADEN operates on Orderly Network infrastructure, offering USDT- and USDC-margined perpetual futures with 0% maker fees and just 0.0009% taker fees. It supports multiple blockchains including BNB Chain, Arbitrum, Optimism, Base, Ethereum, and Solana, and requires no KYC or registration through WalletConnect-compatible wallets.
Key Takeaways
- ADEN offers near-zero fees (0% maker, 0.0009% taker) and gasless trading
- Requires no KYC, using WalletConnect for wallet-based access
- Currently untracked on CoinMarketCap with minimal trading volume
- Best for experienced traders comfortable with decentralized derivatives
- Lacks regulatory oversight and customer support compared to established exchanges
What is ADEN?
ADEN launched in mid-2025 as a specialized decentralized derivatives platform. Unlike traditional exchanges, it doesn’t require account creation or personal information. Traders connect their wallets via WalletConnect and trade directly on-chain, with all settlements recorded on the blockchain. This design prioritizes privacy and self-custody while maintaining a familiar interface similar to centralized exchanges like Binance or Coinbase.
ADEN’s infrastructure relies on Orderly Network, which shares liquidity and orderbooks with ASTER. This partnership ensures faster trade execution and deeper liquidity pools than many standalone decentralized exchanges. The platform exclusively focuses on perpetual futures contracts, meaning users can trade leveraged positions without expiration dates, using USDT or USDC as collateral.
Key Features of ADEN
ADEN’s standout features address common pain points in decentralized trading. Its 0% maker fees and 0.0009% taker fees are among the lowest in the market. For comparison, Kraken Pro charges 0.02-0.1% for taker fees, while Coinbase’s fees range from 0.5% to 3.99%. This pricing structure makes ADEN exceptionally cost-effective for active traders.
The gasless trading model removes blockchain transaction fees entirely. On most decentralized platforms, users pay gas fees for every trade, which can spike during network congestion. ADEN handles these costs internally, so traders only pay the platform’s minimal taker fee. This feature is especially valuable for small traders who often avoid decentralized exchanges due to unpredictable gas costs.
Multi-chain support is another major advantage. ADEN operates across BNB Chain, Arbitrum, Optimism, Base, Ethereum, and Solana. This allows traders to choose the most efficient network for their activity. For example, someone trading frequently on Solana benefits from lower latency, while Ethereum users avoid high gas fees during peak times.
How ADEN Compares to Other Exchanges
| Feature | ADEN | Kraken | Coinbase | Uniswap |
|---|---|---|---|---|
| Fees (maker/taker) | 0% / 0.0009% | 0% / 0.02-0.1% | 0.5-3.99% | 0.3% swap fee |
| KYC Requirements | None | Yes | Yes | None |
| Supported Assets | Derivatives only | 400+ cryptocurrencies | 235 cryptocurrencies | Spot trading for thousands |
| Trading Type | Perpetual futures | Futures & spot | Futures & spot | Spot only |
| Liquidity | Untracked (low volume) | $10B+ daily | $5B+ daily | $2B+ daily |
Pros and Cons of ADEN
Pros:
- Extremely low fees: 0% maker fees and just 0.0009% taker fees, making it one of the cheapest decentralized exchanges for derivatives trading
- Gasless trading eliminates blockchain transaction fees, a common pain point for decentralized platforms
- No KYC requirements provide privacy for users who prefer decentralized exchanges
- Multi-chain support (BNB Chain, Arbitrum, Optimism, Base, Ethereum, Solana) offers flexibility for traders
Cons:
- Currently untracked on CoinMarketCap with minimal trading volume, indicating limited liquidity
- Lacks regulatory oversight and FDIC insurance for funds
- No customer support infrastructure, leaving users to resolve issues independently
- Derivatives trading requires advanced knowledge and risk management skills
Who Should Use ADEN?
ADEN is ideal for experienced traders who:
- Understand derivatives trading risks and have experience with leverage
- Value privacy and prefer exchanges without KYC requirements
- Use WalletConnect-compatible wallets regularly and are comfortable with decentralized finance workflows
- Trade on multiple blockchains and want to avoid gas fees
It’s not suitable for beginners due to the complexity of derivatives trading, lack of support channels, and minimal liquidity. Users in regulated jurisdictions may also face challenges since ADEN doesn’t comply with regional financial regulations. For those seeking regulated, high-liquidity trading, established platforms like Kraken or Coinbase remain safer choices.
Frequently Asked Questions
Does ADEN require KYC?
No, ADEN operates without any KYC requirements. Users can trade directly through WalletConnect-compatible wallets without registering or submitting personal information. This privacy-focused approach appeals to traders who prefer decentralized exchanges but may limit adoption in regions requiring regulatory compliance.
What blockchains does ADEN support?
ADEN supports six blockchains: BNB Chain, Arbitrum, Optimism, Base, Ethereum, and Solana. This multi-chain approach allows traders to choose networks based on speed, cost, or asset availability. For example, Solana offers near-instant trades with minimal fees, while Ethereum provides the most robust liquidity for certain derivatives.
Is ADEN safe to use?
ADEN’s on-chain settlement ensures transparency, but it lacks regulatory oversight and FDIC insurance. Unlike centralized exchanges like Kraken (which has an AAA CER Security Rating), ADEN has no proven track record for handling large-scale trading volumes. Users should only trade with funds they can afford to lose and understand the risks of decentralized derivatives platforms.
Why is ADEN untracked on CoinMarketCap?
CoinMarketCap lists ADEN as "Untracked" because it hasn’t reported sufficient trading volume data since its July 2025 launch. This likely indicates minimal activity or incomplete integration with market data aggregators. Established exchanges like Binance or Coinbase report daily volumes in the billions, but ADEN’s current liquidity is too low for accurate tracking.
How does ADEN compare to Uniswap?
Uniswap focuses on spot trading for thousands of tokens, while ADEN specializes in perpetual futures contracts. Uniswap has higher liquidity ($2B+ daily) but charges a 0.3% swap fee. ADEN’s fees are lower (0.0009% taker), but it only supports derivatives with USDT/USDC margins. Uniswap is better for spot traders, while ADEN targets leveraged derivatives users seeking gasless trading.