Decibel Launches Testnet Campaign for All-in-One Derivatives Platform on Aptos

Airdrop Decibel Overview

Decibel is a fully on-chain trading protocol built on Aptos that unifies spot trading, perpetual futures, margin trading, and vault strategies into a single programmable platform. Developed by Decibel Foundation with support from Aptos Labs, the project leverages Aptos infrastructure to achieve sub-one-second processing speeds, aiming to become core infrastructure for the next generation of decentralized markets. The platform utilizes a cross-margin mechanism allowing users to deploy multiple assets like APT, USDC, BTC, ETH, and SOL within a single account, while protocol and user-managed vaults ensure deep liquidity across all markets. The testnet campaign serves as both a technical trial and community engagement opportunity, with participants accumulating social points through Galxe that are expected to influence rankings and reward eligibility when the mainnet launches in Q1 2026.

How to join the Decibel airdrop?

Step 1: Connect Wallet and Social Account

Access app.decibel.trade, connect an Aptos-compatible wallet and X (Twitter) account, then follow the project's official channels.

Step 2: Test Trading Features

Use the Mint button to receive testnet USDC, deposit funds into the platform, and open trial long/short positions across various assets. This allows users to experience Decibel's CEX-like trading interface that operates entirely on-chain with full transparency, achieving block creation times of approximately 20ms and processing over 1 million orders per second through Aptos' Block-STM, Raptr, and Zaptos technologies.

Step 3: Explore Vault Functionality

Navigate to the Vaults section, select a vault and deposit test tokens to experience the yield strategy features. Then access the API tab to create an API wallet. The vault system, managed jointly by the protocol and users, provides passive income opportunities for liquidity providers while ensuring deep liquidity across markets.

Step 4: Complete Pre-deposit Registration

Visit the Pre-deposits tab to add your information to the waitlist if desired, then submit feedback. This step may contribute to your overall participation score.

The platform addresses the "Impossible Trilemma" in crypto trading by combining speed (like centralized exchanges), transparency (like decentralized exchanges), and composability in a single on-chain solution. Despite being built on Aptos, Decibel supports multi-chain asset deposits from Ethereum, Solana, and other networks through wallets like MetaMask, Phantom, and Rabby. Users can even deposit directly from centralized exchanges via Aptos X-Chain Accounts. Points accumulated from Galxe quests—including wallet connection, Discord participation, X engagement, and trading activities—are expected to directly impact airdrop allocations when Decibel tokens are distributed at mainnet launch. No mandatory KYC requirements are mentioned for testnet participation.

Conclusion

Decibel's testnet campaign offers the Aptos community an opportunity to engage with an all-in-one trading protocol that aims to deliver centralized exchange performance with decentralized transparency. As a strategic project within the Aptos ecosystem, Decibel represents efforts to attract users through innovative infrastructure combining spot, perpetuals, margin, and vault functionalities. For participants, the testnet provides potential airdrop eligibility through point accumulation while testing features designed to eliminate traditional tradeoffs between speed, transparency, and composability in crypto trading.