I just tried @ferra_protocol's Sui Perps, and basically it's like bringing the traditional exchange setup directly onto the blockchain.

On Ferra, you can trade crude oil, gold, stocks, cryptocurrencies, and forex, with leverage up to 50x, all fully on-chain and self-custodied, so no more worries about restrictions from CEXs.
I personally find Ferra Perps quite appealing because of its straightforwardness—the liquidity is provided by HyperliquidX, and the depth is decent.
Traditional assets like crude oil and gold can also be traded directly on-chain.
Plus, with the Sui chain's fast execution, order placement is almost instant, and you can leverage up to 50x. The key point is that your funds always stay in your wallet.
The Sui ecosystem is really getting stronger, and Ferra has filled in a lot of gameplay gaps.
Whether you like going for 50x leverage or want to use on-chain tools for hedging, these products are definitely worth trying.
I recommend giving it a try yourself, 👉
#Ferra #DEXonSui