Decibel provides on-chain trading with order books, balances, collateral, open positions, and order history.

app.decibel.trade/trade
Decibel homepage screenshot

About Decibel

Decibel is a web-based interface for on-chain trading, built around an order book. Users connect a wallet, hold collateral (shown in USDC) and place orders from the trade screen while tracking balances, collateral, positions, open orders, TWAPs and trade, funding, order and transfer history.

The trade view combines market data such as mark price, oracle price, 24-hour change and volume, open interest and a funding countdown with an order form offering market, limit, TWAP, stop market and stop limit orders. Margin can be cross or isolated, leverage is selectable up to 40x, and take-profit and stop-loss orders are triggered on the mark price. A wallet must be connected before trading, and the interface warns that data may be delayed on a slow connection.

Key features

  • Order book and recent trades with mark price, oracle price and open interest
  • Order types: market, limit, TWAP, stop market and stop limit
  • Cross or isolated margin with leverage options up to 40x
  • Reduce-only orders and mark-price-triggered take profit and stop loss
  • Account tracking for balances, collateral, positions, open orders and history
  • Funding rate, countdown and annualized funding shown alongside market data
Best for: Traders who want to place leveraged crypto orders on-chain through a browser wallet rather than an exchange account.
Good for
  • Order entry covers advanced types including TWAP, stop market and stop limit, not just market and limit orders.
  • Market metrics such as mark and oracle price, funding, open interest and margin figures sit alongside the order form.
  • Supports both cross and isolated margin, reduce-only orders and take profit / stop loss on positions.
Watch out for
  • A wallet must be connected before positions, balances or orders can be viewed or placed.
  • Cross margin shares margin across all cross positions, which the interface notes increases potential losses.
  • No pricing information is stated in the source material, and the interface warns that data may be delayed on slow connections.

Decibel at a glance

Type
Website
Pricing
Not confirmed. Check the site
Platforms
Web
Open source
Not stated
Language
English
Last checked
Oct 6, 2026 · Online when checked
Listed
Oct 5, 2026

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Decibel FAQ

Do I need a wallet to use Decibel?
Yes. The interface shows prompts such as "Connect Wallet" and "Must connect a wallet first" before account data and order entry become available.
Which order types can I place?
Market orders, limit orders, TWAP orders that execute evenly over time, stop market orders that trigger a market order at the stop price, and stop limit orders that trigger a limit order at the stop price.
What leverage options are listed?
The order form lists 1x, 10x, 20x and 40x presets alongside a custom option, with cross or isolated margin selectable.
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