01.xyz is a decentralized trading platform that allows users to trade perpetual futures directly from their wallets, combining professional trading tools with full self-custody. In this article, we will explore 01.xyz Review.
What is 01.xyz?
01.xyz, also known as 01 Exchange, is a decentralized derivatives trading platform focused on perpetual futures and leveraged products. Unlike centralized exchanges where user funds are stored on the platform, 01.xyz allows traders to maintain full control over their assets through connected crypto wallets.
The platform operates using smart contracts, enabling transparent and trustless trading without intermediaries. This structure removes the need for custodial accounts and reduces reliance on centralized authorities.
01.xyz is designed to deliver fast execution, deep liquidity, and advanced trading tools similar to centralized exchanges, while preserving decentralization. It supports cross-margin trading, multiple collateral assets, and structured financial products.
The platform is mainly suited for experienced traders who want more flexibility and autonomy. Beginners can use it, but basic knowledge of wallets, leverage, and DeFi concepts is recommended before starting.
01.xyz Review: Features and Products
• 01.xyz offers perpetual futures markets that allow users to trade major cryptocurrencies with leverage, enabling both long and short positions without transferring assets to a centralized platform.
• The platform uses a decentralized limit orderbook system that ensures efficient price discovery and provides a familiar experience for users coming from centralized exchanges.
• Cross-collateral and cross-margin functionality allows users to use multiple assets as collateral and share margin across positions, improving capital efficiency and risk management.
• Structured products are available for traders seeking customized risk and return profiles, helping diversify trading strategies.
• Cross-chain support enables users to bridge assets from other blockchain networks, increasing flexibility in funding and collateral management.
• Yield-generating mechanisms allow users to earn passive income by participating in liquidity and lending activities within the ecosystem.
01.xyz Review: Fees
01.xyz uses a volume-based fee structure where trading fees decrease as a user’s 30-day trading volume increases. This system benefits active traders and institutions by lowering costs over time.
Trading Fee Tiers (30-Day Volume)
Key Fee Highlights
• Maker fees reduce to zero at higher volume tiers, encouraging users to provide liquidity.
• Taker fees remain competitive and decrease steadily with increased trading activity.
• There are no traditional deposit or withdrawal fees since trading is wallet-based. Users only pay standard blockchain network fees.
• This transparent pricing structure makes 01.xyz suitable for professional and high-frequency traders.
01.xyz Review: Mobile App Support
• 01.xyz primarily operates through a web-based trading interface that works smoothly across desktop and mobile browsers.
• Currently, there is no dedicated native application for Android or iOS devices.
• Users can still access the platform through mobile wallet browsers, making it possible to trade on smartphones and tablets.
• Compatibility with popular wallets ensures traders can monitor markets and manage positions while on the move.
01.xyz Review: Security
• 01.xyz follows a non-custodial security model, meaning users always retain control over their private keys and funds.
• All trades are executed through blockchain-based smart contracts, ensuring transparency and verifiability.
• The decentralized structure eliminates risks associated with centralized custody, such as exchange hacks and fund freezes.
• However, users are fully responsible for securing their wallets, recovery phrases, and devices.
• There is no centralized insurance coverage, so strong personal security practices are essential.
User Interface and Experience
• The platform features a professional trading dashboard displaying charts, order books, positions, and balances in a clear layout.
• The interface resembles centralized exchanges, making it easier for experienced traders to adapt.
• Wallet connection and transaction approval are seamlessly integrated into the trading workflow.
• Beginners may require some time to understand margin settings, leverage controls, and liquidation risks.
• Overall, the interface balances advanced functionality with usability.
01.xyz Review: Affiliate, Referrals, and Rewards
• 01.xyz operates a points-based rewards program that incentivizes users for trading activity, liquidity provision, and ecosystem participation.
• Points are distributed regularly based on user engagement and performance.
• These rewards are designed to support long-term platform growth rather than immediate cash payouts.
• The platform does not currently follow a traditional referral model offering direct crypto bonuses.
• Instead, rewards focus on sustained participation and contribution.
Who Should Use 01.xyz?
• 01.xyz is best suited for traders who are comfortable using decentralized wallets and understand leveraged trading.
• Active traders, derivatives specialists, and DeFi users will benefit most from its advanced tools.
• Beginners interested only in spot trading may find the platform complex.
• Users who value transparency, autonomy, and decentralization will find strong appeal in 01.xyz.
01.xyz Review: Conclusion
01.xyz stands out as a powerful decentralized trading platform for users who value self-custody, transparency, and advanced derivatives functionality. By combining a professional trading interface, low fees, and flexible margin systems, it bridges the gap between centralized and decentralized exchanges.
While beginners may face a learning curve due to wallet management and leverage risks, experienced traders can benefit significantly from its efficiency and control. Overall, 01.xyz is best suited for confident DeFi users seeking autonomy and performance in modern crypto markets.
Do I need to complete KYC to use 01.xyz?
No, 01.xyz does not require traditional Know Your Customer (KYC) verification. Since it operates as a decentralized, non-custodial platform, users only need to connect a compatible crypto wallet to start trading. This allows traders to maintain privacy while retaining full control over their funds. However, users are still responsible for complying with local regulations in their jurisdiction.
Which wallets are supported by 01.xyz?
01.xyz supports multiple popular Web3 wallets that are compatible with Solana and EVM-based networks. These typically include browser extension wallets and mobile wallets that allow users to interact with decentralized applications. Before connecting, users should ensure their wallet supports the required network and has sufficient funds for transaction fees.
Can I use 01.xyz in any country?
01.xyz is accessible globally as a decentralized platform, but availability may depend on local regulations. Some regions may restrict access to derivatives trading. Users are responsible for understanding and following the legal requirements in their country before using the platform.
