0xMarkets is a decentralized perpetual trading protocol built to bring real global markets on-chain. It enables leveraged trading across foreign exchange pairs, commodities such as gold, crypto assets, and other tokenized real-world markets — all through a permissionless, non-custodial infrastructure on Base. The protocol is designed to eliminate the structural conflicts found in traditional brokers and opaque exchanges. Pricing is market-referenced, execution follows predefined oracle and risk rules, and there is no discretionary dealing desk. Traders interact directly with transparent on-chain logic rather than intermediaries. Liquidity is not passive or blindly exposed. 0xMarkets applies strict open interest limits, tiered leverage controls, and guarded liquidation and execution parameters to protect liquidity providers during volatility and reduce toxic flow risk. Liquidity provisioning is further aligned through an incentivized structure powered by Bittensor’s incentive model, using decentralized reward mechanics to encourage depth, performance, and long-term participation in the market. By combining TradFi-style market structure with DeFi transparency and incentive alignment, 0xMarkets aims to create a fair, scalable foundation for global on-chain derivatives trading.
0xMarkets turned over $204,796 across the venues we index in the last 24 hours, which is 6.06% of its market capitalisation — a figure worth watching, because turnover well above its usual level tends to accompany the sharper moves.
The highest price our index has recorded is $7.18 on Nov 3, 2025, leaving SN35 −91.65% from that peak.
The lowest is $0.008945 on Apr 3, 2026, putting the price today +6,601% above that low.
0xMarkets is valued at $3,377,723, which ranks it #2049 among the assets we track. It is the price of one coin multiplied by the 5,606,555 SN35 in circulation.
At today's price, the full supply of 21,000,000 SN35 would be worth $3,377,723. 26.70% of that supply is already circulating, so the rest is what dilution would still add.
Price divergence
Where the venues behind our reference price disagree.
0xMarkets (SN35) price has increased today.
The price of 0xMarkets (SN35) is $0.5993 today with a 24-hour trading volume of $204,796. This represents a 11.91% price increase in the last 24 hours and a 21.50% price increase in the past 7 days. With a circulating supply of 5.61 Million SN35, 0xMarkets is valued at a market cap of $3,377,723.
sn35$0.5993+11.91%
